Ocular Therapeutix, Inc.
Overview
Ocular Therapeutix, Inc. (NASDAQ: OCUL) is a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye using its proprietary bioresorbable hydrogel-based formulation technology, ELUTYX. Outside of the ophthalmic realm and behind the doors of our headquarters in Bedford, MA, we strive to build a strong culture where employees can flourish and achieve their career goals. We encourage out of the box thinking, cross-functional collaboration, and creativity. The Director Payroll and Equity will manage and execute on all aspects of the processing of our expanding U.S. domestic multi-state payroll (+280 employees) and the administration of equity (stock options, restricted stock units, employee stock purchase plan, etc.) granted to our U.S. domestic employees. The position reports to the Corporate Controller and serves as a strong business partner to the HR and Legal teams. The role provides excellent customer service to employees and acts as the first point of contact for pay or equity-related questions. It also involves building best-in-class processes to manage equity administration, ESPP, payroll, and benefits for a rapidly growing company. This role partners with HR to ensure timely calculation and administration of incentive compensation, equity, and benefit changes, and has the opportunity to build a team to support rapid expansion. The ideal candidate will be an experienced Payroll and Equity leader able to support growth and scale with the company. Principal Duties and Responsibilities
Own end-to-end processing of multi-state payrolls for salaried employees (semi-monthly) and hourly employees (bi-weekly) using ADP Workforce Now Ensure compliance with federal, state, and local payroll, wage, and hour laws and best practices Review and audit payroll data for accuracy, including compensation changes, bonuses, deductions, and terminations Respond to payroll- and equity-related inquiries from employees and resolve issues in a timely and professional manner Prepare and review payroll reports, filings, and year-end forms (W-2s, 941s, etc.) Ensure compliance with all federal, state, and local reporting requirements Assist with payroll, benefits, or workers’ compensation audits Prepare customized reports using the ADP Workforce Now platform to support financial accounting and financial planning Partner with HR and Legal on a variety of employee- and compensation-related matters and support calculation of equity and incentive compensation Manage day-to-day equity administration, including the processing of grants, exercises, vesting, and terminations, in the Company’s equity management platform Shareworks Maintain accurate equity records and ensure data integrity across payroll, Shareworks, and HR records Coordinate with Legal and Finance on equity approvals, board consents, and compliance with equity plans Reconcile equity transactions with the general ledger and assist in financial reporting related to stock-based compensation under U.S. GAAP (ASC 718) Assist with year-end reporting, including 3921 filings and ESPP-related documents Qualifications
Bachelor’s degree in Accounting, Finance, HR, or related field; CPP and/or CEP preferred A minimum of 10 years of progressive experience in payroll and equity administration, with at least 3 years in a combined role; at least 5 years of experience with a public company strongly preferred, ideally in the pharmaceutical, biotech, or life sciences industry Strong understanding of U.S. payroll regulations at the federal and state levels (including MA, NY, NJ, PA, OH, TX, CA), equity compensation, and tax implications Experience at a commercial stage company supporting sales force expansion is a plus Proficient in payroll systems, ideally ADP Workforce Now, and equity platforms, ideally Shareworks General knowledge of stock-based compensation accounting (ASC 718) Demonstrated ability to work collaboratively with internal teams and external partners; strong independent work ethic Exceptional attention to detail and excellent organizational skills Ability to thrive in a dynamic and fast-paced environment Dynamic self-starter with a positive attitude Ability to handle confidential information in a professional manner Computer literacy, proficiency in MS Office Seniority level
Director Employment type
Full-time Job function
Human Resources Industries: Pharmaceutical Manufacturing Ocular Therapeutix is an Equal Opportunity Employer and complies with all applicable federal, state, and local laws regarding nondiscrimination. Ocular Therapeutix provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, or status as a veteran. For information on how Ocular Therapeutix collects, stores, and utilizes candidate information please see our privacy policy found at https://www.ocutx.com/privacy-policy/ and for the Privacy Notice for California Job Applicants, please see CCPA Applicant Notice.
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Ocular Therapeutix, Inc. (NASDAQ: OCUL) is a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye using its proprietary bioresorbable hydrogel-based formulation technology, ELUTYX. Outside of the ophthalmic realm and behind the doors of our headquarters in Bedford, MA, we strive to build a strong culture where employees can flourish and achieve their career goals. We encourage out of the box thinking, cross-functional collaboration, and creativity. The Director Payroll and Equity will manage and execute on all aspects of the processing of our expanding U.S. domestic multi-state payroll (+280 employees) and the administration of equity (stock options, restricted stock units, employee stock purchase plan, etc.) granted to our U.S. domestic employees. The position reports to the Corporate Controller and serves as a strong business partner to the HR and Legal teams. The role provides excellent customer service to employees and acts as the first point of contact for pay or equity-related questions. It also involves building best-in-class processes to manage equity administration, ESPP, payroll, and benefits for a rapidly growing company. This role partners with HR to ensure timely calculation and administration of incentive compensation, equity, and benefit changes, and has the opportunity to build a team to support rapid expansion. The ideal candidate will be an experienced Payroll and Equity leader able to support growth and scale with the company. Principal Duties and Responsibilities
Own end-to-end processing of multi-state payrolls for salaried employees (semi-monthly) and hourly employees (bi-weekly) using ADP Workforce Now Ensure compliance with federal, state, and local payroll, wage, and hour laws and best practices Review and audit payroll data for accuracy, including compensation changes, bonuses, deductions, and terminations Respond to payroll- and equity-related inquiries from employees and resolve issues in a timely and professional manner Prepare and review payroll reports, filings, and year-end forms (W-2s, 941s, etc.) Ensure compliance with all federal, state, and local reporting requirements Assist with payroll, benefits, or workers’ compensation audits Prepare customized reports using the ADP Workforce Now platform to support financial accounting and financial planning Partner with HR and Legal on a variety of employee- and compensation-related matters and support calculation of equity and incentive compensation Manage day-to-day equity administration, including the processing of grants, exercises, vesting, and terminations, in the Company’s equity management platform Shareworks Maintain accurate equity records and ensure data integrity across payroll, Shareworks, and HR records Coordinate with Legal and Finance on equity approvals, board consents, and compliance with equity plans Reconcile equity transactions with the general ledger and assist in financial reporting related to stock-based compensation under U.S. GAAP (ASC 718) Assist with year-end reporting, including 3921 filings and ESPP-related documents Qualifications
Bachelor’s degree in Accounting, Finance, HR, or related field; CPP and/or CEP preferred A minimum of 10 years of progressive experience in payroll and equity administration, with at least 3 years in a combined role; at least 5 years of experience with a public company strongly preferred, ideally in the pharmaceutical, biotech, or life sciences industry Strong understanding of U.S. payroll regulations at the federal and state levels (including MA, NY, NJ, PA, OH, TX, CA), equity compensation, and tax implications Experience at a commercial stage company supporting sales force expansion is a plus Proficient in payroll systems, ideally ADP Workforce Now, and equity platforms, ideally Shareworks General knowledge of stock-based compensation accounting (ASC 718) Demonstrated ability to work collaboratively with internal teams and external partners; strong independent work ethic Exceptional attention to detail and excellent organizational skills Ability to thrive in a dynamic and fast-paced environment Dynamic self-starter with a positive attitude Ability to handle confidential information in a professional manner Computer literacy, proficiency in MS Office Seniority level
Director Employment type
Full-time Job function
Human Resources Industries: Pharmaceutical Manufacturing Ocular Therapeutix is an Equal Opportunity Employer and complies with all applicable federal, state, and local laws regarding nondiscrimination. Ocular Therapeutix provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, or status as a veteran. For information on how Ocular Therapeutix collects, stores, and utilizes candidate information please see our privacy policy found at https://www.ocutx.com/privacy-policy/ and for the Privacy Notice for California Job Applicants, please see CCPA Applicant Notice.
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