StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $675 billion of total capital allocations, including more than $169 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.
Position Overview
As a Senior Global Payroll Associate/Senior Associate, you will perform key payroll duties, such as auditing, accounting and reviewing processes, ensuring the accuracy of each payroll cycle, calculating tax adjustments, and pay adjustments, etc.in the US and globally.
You will report to and work closely with the Managing Director of Payroll and Compensation to ensure the company’s payroll processes are accurate, efficient, and compliant with required regulations. This position also requires accounting experience to create, review, and approve entries and handle month-end close procedures. You will also collaborate with the HR department to update and verify employee records regarding payroll, time sheets, benefits, and taxes. Plus, working with the team to find solutions to streamline. This includes exposure in the US as well as non-US.
To be successful in this role, the candidate must have significant knowledge of accounting and payroll processes gained in similar positions.
Responsibilities
- Assist with end-to-end payroll processing for multiple countries, ensuring accuracy and compliance with local regulations and company policies.
- Coordinate with internal stakeholders, including HR, Finance and Tax, to gather payroll data and resolve any discrepancies or issues.
- Oversee tax reconciliation processes to ensure accurate withholding and reporting in accordance with local tax laws.
- Process equity transactions, RSUs, and ESPP, ensuring timely and accurate execution and compliance with regulatory requirements.
- Handle payroll accounting tasks, including journal entries, accruals, and reconciliations, to ensure accurate financial reporting.
- Prepare and distribute payroll-related reports to internal stakeholders and external auditors in a timely manner.
- Collaborate with the Managing Director of Payroll and Comp to document payroll policies and procedures to ensure consistency and compliance across regions.
- Conduct regular audits and reviews of payroll data to identify and address errors, discrepancies, and potential areas for improvement.
- Stay updated on changes in payroll laws, regulations, and best practices to ensure compliance and mitigate risks.
- Provide guidance and support to junior team members, including training and mentoring as needed.
- Assist with ad hoc projects and initiatives as assigned by management.
Requirements
- Degree in Accounting, Business Administration, or any related field
- 5 + years of experience in global payroll administration, preferably in a multinational company.
- CPP strongly preferred.
- Ability to prioritize and manage multiple tasks and deadlines in a fast-paced environment.
- Strong understanding of payroll processes, regulations, and compliance requirements across multiple countries.
- Proficiency in payroll software and systems (e.g. NetSuite, UKG,Workday) and Microsoft Excel.
- Understanding of Payroll Accounting procedures
- Superb organizational skills
- Excellent communication and interpersonal skills
About us
Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.
Join us
When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.
StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.
Benefits
We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.
Disclaimer / Policy Statements
At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
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What We Do
StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.
