Description
Sutro Biopharma, Inc. is looking for a detailed-oriented and results-driven Payroll and Equity Administration professional. This role will manage multi-state payroll and public company equity programs. They will possess a proven track record of ensuring compliance, streamlining processes, and supporting financial audits and reporting. Adept at cross-functional collaboration with HR, Finance, and Legal teams to deliver timely and accurate results.
Responsibilities:
Payroll Management
- Oversee end-to-end payroll processing for U.S. employees, ensuring accuracy, compliance, and timeliness.
- Partner with HR, Finance, and ADP to maintain payroll records and resolve discrepancies.
- Ensure compliance with all federal, state, and local tax laws, wage regulations, and reporting requirements.
- Process payroll changes provided by the HR team in the payroll system, including new hires, terminations, salary adjustments, bonuses, and deductions.
- Manage payroll reporting, R&D Time, including annual audits, reconciliations, and financial reporting support.
- Collaborate with Finance on payroll accounting, accruals, and general ledger reconciliation.
Stock Administration
- Administer the company’s equity compensation programs, including stock options, RSUs, ESPP, and other long-term incentives.
- Process equity transactions, ensuring accuracy in grant issuance, vesting, exercises and termination.
- Work with Finance, Legal, and external providers to ensure compliance with SEC reporting, IRS, and other regulatory requirements.
- Provide reporting and analysis on equity compensation for Finance, Legal, and senior leadership.
- Educate employees on equity plans, taxation, and compliance requirements.
- Maintain and improve participant equity education materials.
Compliance & Process Improvement
- Ensure data integrity, reconciling records between Stock Administration, R&D Time and Payroll
- Ensure payroll and stock administration practices align with SOX controls and external regulations.
- Maintain accurate documentation and standard operating procedures for payroll and stock administration processes.
- Drive process improvements and automation to enhance payroll and equity administration efficiency.
Qualifications:
- 10+ years of experience in payroll administration, including multi-state payroll processing.
- 10+ years of experience in equity/stock administration, preferably in a public company.
- Strong knowledge of U.S. payroll laws, equity compensation regulations, and tax compliance.
- Experience working with payroll and stock administration systems (e.g., ADP, E*TRADE, Fidelity, or similar platforms).
- High attention to detail, analytical mindset, and problem-solving skills.
- Strong collaboration and communication skills, with the ability to work cross-functionally.
- Bachelor's degree in Finance, Accounting, HR, or a related field preferred.
Sound exciting? Apply today and join our team!
Sutro Biopharma, Inc. encourages all colleagues to be fully vaccinated for COVID-19 prior to the first date of employment.
As an equal opportunity employer, we believe in fostering a culture that is inclusive and values diversity in background and opinions. Sutro Biopharma hires extraordinary individuals into every position in the company and is committed to the diversity of our team. Our company progresses without regard of race, ethnicity, gender, sexual orientation, religious belief, age, disability or citizenship status. We are dedicated to creating a safe environment where our employees can grow and succeed together.
To recruiting firms: Sutro Biopharma does not accept agency resumes and solicitations from third-party agencies. Please do not forward resumes to our hiring managers or employees. Sutro Biopharma is not responsible for any fees related to unsolicited resumes.
The anticipated salary range for fully qualified candidates applying for this role at Sutro Biopharma’s California-based locations will be $160,000 - $195,000 (not including bonus, equity, and benefits). The base salary offered will vary depending on the market, job-related knowledge, skills and capabilities, and experience.
Sutro Biopharma, Inc., is relentlessly focused on the discovery and development of precisely designed cancer therapeutics to transform what science can do for patients. Sutro’s fit-for-purpose technology, including cell-free XpressCF®, provides the opportunity for broader patient benefit and an improved patient experience. Sutro is advancing a robust early-stage pipeline of novel exatecan and dual-payload antibody drug conjugates (ADCs), coupled with high-value collaborations and industry partnerships, which validate its continuous product innovation. Sutro is headquartered in South San Francisco. For more information, follow Sutro on social media @Sutrobio, or visit www.sutrobio.com.