Payroll Equity Manager

Carrum Health•,

1d•$95,000 - $115,000•Hybrid

About The Position

At Carrum, we live and breathe the mission of transforming the healthcare system to create an unmatched experience for patients. If you are passionate about changing healthcare and want to finally get rid of surprise bills, poor quality, and high prices, while thriving in an entrepreneurial, cutting-edge environment, we would love to connect with you. In 2014 Carrum reinvented the Centers of Excellence (COE) category in digital health. Today, 90% of the US population lives within 50 miles of a Carrum COE and our providers rank in the top 10% nationally. Our team’s execution has been recognized by the venture community and we’ve raised more than $96M in aggregate from investors like OMERS, Tiger Global Management and Wildcat Ventures. Our impact has been externally proven in a 2021 RAND Corporation study [https://www.carrumhealth.com/rand-corp-study-bundled-payments-save/] and featured as a Harvard Business School (HBS) case study [https://www.hbs.edu/faculty/Pages/item.aspx?num=51867].

Requirements

5+ years of dedicated payroll experience
At least 1–2 years directly managing equity administration
Deep, hands-on experience running payroll in Rippling is strictly required.
Deep knowledge of wage and hour laws, payroll processing cycles (Semi-Monthly & Bi-Weekly), and time-tracking systems for a diverse hourly workforce.
You look for anomalies and audit your own work before anyone else sees it.
You thrive in a high-growth, fast-paced environment. You are comfortable building processes where they don't yet exist and scaling them as we grow.
Entrepreneurial and resourceful — we need people who can independently find creative ways to make a big impact quickly.
Experience handling deadlines, keeping many balls in the air, and prioritizing work in a fast-paced, dynamic environment.
Passion for collaborating cross-functionally with sales, operations, client success, data, and product teams to ideate, complete projects, and drive impactful results.

Nice To Haves

Carta equity management experience is highly preferred.

Responsibilities

Own and independently execute running Semi-Monthly payrolls for exempt employees and Bi-Weekly payrolls for non-exempt/hourly employees.
Ensure accurate, compliant and timely payroll execution, including processing all employee changes (compensation, deductions, garnishments, 401K changes, tax elections).
Manage complex hourly calculations, including overtime, shift differentials, meal/rest break penalties, and other contractual adjustments across multiple states.
Partner with Accounting to support month-end close, including reviewing payroll journal entries, accruals, and reconciliation of payroll GL accounts and bank activity.
Continuously improve payroll operations by building scalable workflows and leveraging AI/automation, documenting processes, and strengthening internal controls.
Serve as the internal system admin for Rippling. Optimize its capabilities across workflows, system integrations (time tracking), and custom payroll and compensation reports.
Oversee payroll tax compliance across multiple states, managing new state registrations, local tax jurisdictions, and staying ahead of changing labor laws.
Perform meticulous monthly reconciliations of all health, dental, vision, and ancillary benefit invoices against Rippling enrollment data and payroll deductions.
Partner with our insurance brokers and carriers to immediately resolve billing discrepancies, ensuring correct payments and employee deductions.
Manage the timely submission of 401(k) contributions and loans via Rippling’s integrations, ensuring full compliance with non-discrimination testing and annual audits.
Serve as the primary administrator for the company’s equity incentive plan via Carta. Handle the end-to-end lifecycle of stock options (NSOs, ISOs) and RSUs, including processing new board-approved grants, equity exercises, cancellations, and vestings.
Ensure accurate tax withholding and reporting for equity transactions (disqualifying dispositions, stock exercises) and coordinate with the accounting team for quarterly equity-based compensation journal entries.
Collaborate with People, Finance, Legal, and external vendors to resolve payroll issues, improve efficiency, and maintain data integrity.
Effectively communicates to employees with compassion and empathy.