Manager, Payroll

MANAGER, PAYROLL
Location: Los Angeles, CA - Broomfield, CO, New Yor, NY
Hybrid Schedule (M/F remote, T/W/TH in-office)
At Magnite, we cultivate an environment of continuous growth and collaboration. Our work impacts what millions of people read, watch, and buy, and we're looking for people to help us tackle that responsibility with creativity and focus. Magnite (NASDAQ: MGNI) is the world's largest independent sell-side advertising platform. Publishers use our technology to monetize their content across all screens and formats including CTV / streaming, online video, display, and audio. Our tech fuels billions of transactions per day!
We are looking for a Manager, Payroll that will develop policies and procedures for payroll processing and timekeeping. This role serves as a liaison to employees and third-party payroll vendors to ensure payroll is processed timely and accurately. Additionally, this role is responsible for auditing employee pay records and reconciles totals by department, location, company, etc. Magnite is looking for a tax super-star that verifies compliance with federal and state tax requirements, is committed to accurate government reporting and compliance and understands the importance of internal audits.
In this role you will:

• Manage the full cycle semi-monthly payroll processing for Magnite US functions, which may include but not limited to new hires, terminations, bonuses, off-cycle payrolls, compensation changes, one-time payments, fringe benefits, garnishments, and expense reimbursements
• Manage US payroll taxes including: new state agency set up/closing accounts, responding to notices or working with tax vendors to resolve issues, documenting and reviewing quarterly and year-end filings (941s, 940s, state tax rates, etc.)
• Prepare various tax account analysis including certain local city tax reporting, reporting of tax expenses, accrue for any unpaid taxes
• Review reporting requirements for payroll taxes, withholding and employer contributions; ensuring compliance with federal and state requirements
• Perform ad-hoc and quarterly off-cycle payrolls for restricted stock vestings, stock option exercises, and ESPP programs
• Review payroll accounting reports and ensure proper general ledger accounts are assigned and maintain payroll system to accounting journal entry configuration
• Support Magnite's Accounting team with month/quarter-end reconciliations including the balancing of semi-monthly payroll general ledger interfaces, payroll cash bank accounts, running reports and preparing journal entries, various accruals and reconciliations
• Ensure appropriate and timely contact with Accounting/Treasury for all unclaimed payroll checks; tax refunds/credits; manual payments related to tax notices, cash forecasting
• Reconcile and upload 401(k) contributions to Magnite's 401(k) broker of record
• Assist as back up payroll processor for Greece, Canada and Brazil entities
• Evaluate system changes and ensure payroll accuracy while recommending and developing operating efficiency improvements through process automation
• Special projects as requested (policies, People team support, M&A, etc.)

We're looking for someone with:

• 6+ years of experience in a fast-paced business environment inclusive of 5+ years payroll experience in a multi-state environment, while working with multiple company codes
• Workday HRIS is a plus
• High level of proficiency in EXCEL
• Knowledge of payroll tax and general accounting
• Ability to communicate effectively at multiple levels of the organization and demonstrate a strong commitment to a team environment
• Ability to work under pressure and meeting tight deadlines
• Strategic, analytical thinker who consistently challenges the status quo and constructively challenges themselves
• Ability to deal with sensitive and confidential material

Total Rewards Include
Comprehensive Perks and Benefits:

• Comprehensive Healthcare Coverage for You and Your Family from Day One
• Generous Time Off
• Holiday Breaks and Quarterly Wellness Days
• Equity and Employee Stock Purchase Plan
• Family-Focused Benefits and Parental Leave
• 401k Retirement Savings Plan with Employer Match
• Disability and Life Insurance
• Cell Phone Subsidy
• Fitness and Wellness Reimbursement

Company Culture:
We believe collaboration is essential to success. Magnite's hybrid schedule includes two days worked remotely (Monday and Friday) and three days on-site (Tuesday, Wednesday and Thursday). Our offices provide catered lunches, beverages, snacks, training and development, and office events to support your work week. We also understand you have appointments, families, hobbies, and other commitments. Magnite strives to maintain a healthy work/life integration for all employees so you can bring your best every day - both at work and at home.

• Community Service and Volunteer Events
• Company-Matched Charitable Contributions
• Wellness Coach and Mental Health Support

Magnite Invests in You:

• Career Development Initiatives and a Career Growth Framework
• Culture and Inclusion Programs
• Bonusly Peer-to-Peer Recognition Program

About Us
The world's leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.
In California, the base salary range for this position is: $94,000 - $104,000 in addition to an annual variable bonus based on performance and company equity (NASDAQ: MGNI).
In Colorado, the base salary range for this position is: $87,000 - 97,000 in addition to an annual variable bonus based on performance and company equity (NASDAQ: MGNI).
In New York, the base salary range for this position is: $94,000 - $104,000 in addition to an annual variable bonus based on performance and company equity (NASDAQ: MGNI).
Magnite is an Equal Opportunity Employer and does not discriminate against applicants due to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation or any other federal, state or local protected class.
Our DEI Commitment: To establish Magnite as a thought leader by diversifying voices within Magnite, cultivating a culture in which employees feel safe as their authentic selves, and by investing in strategies to support Magnite's local communities.
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