Payroll Specialist at Iterative Health

Cambridge, Massachusetts, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Clinical ResearchIndustries

Requirements

Associate’s degree in Accounting, Finance, or a related field; Bachelor’s degree preferred
2+ years of dedicated payroll processing experience, ideally managing high-frequency (monthly, bi-weekly, weekly) and multi-state payroll
Proven, hands-on expertise with major systems including ADP, Rippling, Fidelity 401K, NetSuite, and advanced Microsoft Excel skills
Exceptional attention to detail, strong analytical and problem-solving skills, and ability to handle confidential information with discretion
Preferred Qualifications
Familiarity with ADP, Rippling, BambooHR, NetSuite
Professional certification (e.g., Fundamental Payroll Certification (FPC) or Certified Payroll Professional (CPP))
Workday experience

Responsibilities

Process and finalize payroll runs (Semi-Monthly, Bi-Weekly, Weekly, and specialized off-cycle runs) for all employees using Rippling and ADP
Verify all timecards, wage computation, statutory deductions, benefits deductions, garnishments, and employee changes for accuracy and compliance
Manage end-to-end processing, including reconciling final payroll previews and submitting funding requests
Serve as the primary subject matter expert for payroll and HRIS systems including Rippling, ADP, and BambooHR
Prepare payroll-related General Ledger (GL) entries into the NetSuite accounting system, ensuring accurate cost center allocations
Reconcile payroll accounts on a monthly basis
Monitor and reconcile bank account transactions related to payroll disbursements
Ensure timely and accurate processing of all federal, state, and local tax remittances, including quarterly and year-end reporting (W-2s, 1099s, 941a reports)
Manage new state registrations for employees and quarterly Workers' Compensation (WC) tax reporting
Administer 401K contribution processing
Support the annual 401K audit
Respond to and resolve employee inquiries regarding pay, deductions, and tax forms, reducing the administrative burden on the Accounting Manager

Skills

Key technologies and capabilities for this role

Payroll ProcessingRipplingADPHRISTimecard VerificationStatutory DeductionsBenefits DeductionsGarnishmentsPayroll ReconciliationRegulatory Compliance

Questions & Answers

Common questions about this position

What experience is required for the Payroll Specialist role?

Candidates need 2+ years of dedicated payroll processing experience, ideally managing high-frequency payrolls, along with an Associate’s degree in Accounting, Finance, or a related field (Bachelor’s degree preferred).

What are the key responsibilities of this position?

Responsibilities include processing various payroll runs using Rippling and ADP, verifying timecards and deductions, preparing GL entries in NetSuite, ensuring tax compliance, and resolving employee inquiries.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What qualities make a strong candidate for this Payroll Specialist position?

The ideal candidate is energetic, highly organized, detail-oriented, an enthusiastic self-starter motivated to achieve goals, and professional with excellent attention to detail.

Iterative Health

AI-driven solutions for gastrointestinal care

About Iterative Health

Iterative Health focuses on improving gastrointestinal (GI) care through the use of artificial intelligence (AI) and machine learning (ML). Their main product, SKOUT®, is an FDA-cleared device designed to help doctors detect adenomas, which are precursors to colorectal cancer. This device works alongside physician judgment to enhance the accuracy of diagnoses. In addition to SKOUT®, Iterative Health provides services that optimize clinical trials by using AI-enabled documentation technology, which improves patient care and ensures high-quality reporting across different healthcare institutions. This technology aims to make advanced care more accessible, especially to underserved populations. Unlike many competitors, Iterative Health combines AI technology with a strong focus on colorectal cancer prevention and clinical trial efficiency. The company's goal is to deliver top-tier GI care and improve health outcomes for patients worldwide.

Boston, MassachusettsHeadquarters

2017Year Founded

$182.1MTotal Funding

SERIES_BCompany Stage

AI & Machine Learning, HealthcareIndustries

51-200Employees

Benefits

Vision/Dental/ Medical Insurance

Life/Disability Insurance

Parental Leave

Stock Options

Flexible Work Hours

Unlimited Paid Time Off

Risks

Competition from tech giants in AI medical imaging threatens Iterative Health's market share.

Rapid expansion and partnerships may strain operational capabilities and resources.

Reliance on AI exposes Iterative Health to potential ethical and regulatory scrutiny.

Differentiation

Iterative Health uses AI to enhance GI care, focusing on colorectal cancer prevention.

Their SKOUT® device aids in adenoma detection, improving diagnostic accuracy in endoscopy.

AI-enabled documentation technology optimizes clinical trials, enhancing research quality and continuity.

Upsides

AI-driven predictive analytics in gastroenterology allow for personalized, effective patient care.

Partnerships with Gastro Health and One GI® expand clinical research capabilities in GI care.

$150M Series B funding accelerates AI innovations, transforming gastroenterology care.

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