Payroll & Equity Specialist
About The Position
Infleqtion is a global quantum technology company solving the world’s most challenging problems. The company harnesses quantum mechanics to build and integrate quantum computers, sensors, and networks. From fundamental physics to leading-edge commercial products, Infleqtion enables "quantum everywhere" through our ecosystem of devices and platforms. Our mission is to commercialize atom-based quantum products that provide orders-of-magnitude improvements in performance and computing applications. Infleqtion is poised for significant growth after completing our transition to a publicly traded company (NYSE ticker symbol “INFQ”). We are seeking a dedicated and detail-oriented Senior Accountant to join our accounting team. This individual will play a key role in ensuring accurate and timely financial reporting and supporting our transformation into a world-class public company.
Requirements
- 3-5+ years of payroll administration experience.
- Experience processing multi-state payroll.
- Experience with payroll tax compliance and year-end reporting.
- Experience with publicly traded companies preferred.
Nice To Haves
- Bachelor's degree in Accounting, Business Administration, Human Resources, or related field preferred.
- Equivalent combination of education and experience may be considered.
- Experience with UKG, NetSuite and JP Morgan Workplace Solutions preferred.
Responsibilities
- Review and reconcile stock option exercises, restricted stock vesting events, RSU releases, ESPP transactions, and other equity compensation activities.
- Calculate and validate taxable income associated with equity transactions.
- Reconcile reports from equity administration platforms JP Morgan Workplace Solutions to payroll records.
- Ensure proper payroll tax withholding for nonqualified stock option (NSO) exercises, RSU vesting, ESPP disqualifying dispositions, and other taxable equity events.
- Coordinate with payroll providers, brokers, and finance teams to ensure equity transactions are accurately reflected in payroll.
- Reconcile shares withheld for taxes and cash remitted by brokers.
- Support accounting and reporting requirements related to stock-based compensation payroll transactions.
- Prepare and maintain payroll account reconciliations, including: Payroll tax liabilities, Wage and withholding accounts, Benefit deductions, Equity compensation payroll transactions, Payroll clearing accounts.
- Reconcile payroll general ledger accounts monthly.
- Investigate and resolve payroll variances and exceptions.
- Assist Accounting during month-end, quarter-end, and year-end close processes.
- Serve as back-up to Payroll Manager, gaining an understanding to perform the following tasks: Process bi-weekly payrolls accurately and timely. Review payroll data for completeness and accuracy, including earnings, deductions, taxes, benefits, and timekeeping information. Process off-cycle payrolls, bonuses, commissions, severance payments, and other special payroll transactions. Ensure accurate federal, state, and local tax withholding and reporting. Assist with year-end payroll activities, including Forms W-2, W-2c.
Benefits
- 100% company-paid employee coverage for Medical, Dental, Vision, and Short/Long Term Disability insurance programs.
- Employer-funded Health Savings Account.
- Unlimited Paid Time Off.
- 401(k) safe harbor contribution.
- Company paid Life and AD&D Insurance.
- Flexible Savings Account.
- Paid FMLA Leave.
- Paid Maternity/Paternity Leave.
- Employer Assistance Program.
- Student Loan Repayment.
- Equity Opportunity
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What This Job Offers
Job Type
Full-time
Career Level
Senior
