Current

Payroll & Stock Plan Administrator

Current$125K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Accounting, Finance, or related field.
  • 3+ years of hands-on experience in payroll processing and equity administration.
  • Private company equity experience preferred.
  • Advanced proficiency in Microsoft Excel.
  • Strong knowledge of modern HRIS/payroll platforms and equity management tools.
  • Familiarity with taxation concepts for equity compensation and multi-state payroll regulations.
  • Exceptional organizational skills and attention to detail.

Responsibilities

  • Process accurate bi-weekly and semi-monthly payrolls for over 185 employees.
  • Review, validate, and approve timecards, bonuses, commissions, and deductions.
  • Manage employee onboarding and offboarding as well as payroll status changes.
  • Reconcile payroll sub-ledgers to the general ledger and prepare payroll statements.
  • Ensure compliance with federal, state, and local tax laws and labor regulations.
  • Administer wage garnishments and support annual audits.
  • Administer the company's equity compensation plans using management software.

Benefits

  • Competitive salary
  • Meaningful equity in stock options
  • 401(k) plan
  • Discretionary performance bonus program
  • Biannual performance reviews
  • 100% coverage for Medical, Dental, and Vision premiums for employees and dependents
  • Flexible time off and paid holidays
  • Generous parental leave policy
  • Commuter benefits
  • Fitness benefits
  • Healthcare and Dependent care FSA benefits
  • Employee Assistance Programs focused on mental health
  • Healthcare advocacy program for all employees
  • Access to mental health apps
  • Team building activities
  • Modern NYC office with open floor plan and stocked kitchen
Full Job Description
ABOUT THE ROLE

Reporting directly to the VP of Finance, this hybrid role is responsible for the accurate end-to-end processing of our corporate payroll and the day-to-day administration of our private company equity programs. The ideal candidate ensures flawless execution across payroll cycles, equity grants, option exercises, and regulatory compliance, while serving as the primary point of contact for employee inquiries.

RESPONSIBILITIES

Payroll Administration (60%)
  • Process accurate, timely bi-weekly/semi-monthly payrolls for 185+ employees using payroll systems and HRIS platforms.
  • Review, validate, and approve timecards, bonuses, commissions, and deductions.
  • Manage employee onboarding, offboarding, and process status changes in the payroll system.
  • Reconcile payroll sub-ledgers to the general ledger and prepare monthly, quarterly, and year-end payroll statements.
  • Ensure strict compliance with federal, state (New York), and local tax withholding laws and labor regulations.
  • Administer wage garnishments, tax levies, and support annual financial and internal audits.

Stock Plan Administration (40%)
  • Administer the company's equity compensation plans (e.g., Stock Options, RSUs) using private equity management software.
  • Process equity transactions meticulously, including option exercises, cancellations, and restricted stock vesting.
  • Track and manage vesting schedules and grant criteria, ensuring perfect data integrity.
  • Partner with the Legal, Finance, and HR teams to support regulatory compliance and ensure seamless reporting for financial audits.
  • Act as the internal subject matter expert, assisting employees with stock plan questions, account navigation, and exercise processes.

ABOUT YOU
  • Bachelor's degree in Business, Accounting, Finance, or a related field.
  • 3+ years of progressive, hands-on experience handling both payroll processing and equity administration. Private company equity experience is strongly preferred.
  • Advanced proficiency in Microsoft Excel.
  • Strong working knowledge of modern HRIS/payroll platforms and dedicated equity management tools. Experience with Justworks and Carta is preferred but not required.
  • Familiarity with taxation concepts surrounding equity compensation, global mobility (if applicable), and multi-state payroll regulations.
  • Exceptional organizational skills, high attention to detail, and the ability to maintain strict confidentiality with sensitive financial and HR data.

COMPENSATION

This role has a base salary range of $125,000 - $150,000. Compensation is determined based on experience, skill level, and qualifications, which are assessed during the interview process. Current offers a competitive total rewards package which includes base salary, equity, and comprehensive benefits.

BENEFITS
  • Competitive salary
  • Meaningful equity in the form of stock options
  • 401(k) plan
  • Discretionary performance bonus program
  • Biannual performance reviews
  • Medical, Dental and Vision premiums covered at 100% for you and your dependents
  • Flexible time off and paid holidays
  • Generous parental leave policy
  • Commuter benefits
  • Fitness benefits
  • Healthcare and Dependent care FSA benefit
  • Employee Assistance Programs focused on mental health
  • Healthcare advocacy program for all employees
  • Access to mental health apps
  • Team building activities
  • Our modern NYC office with open floor plan, stocked kitchen, and catered lunches

About Current

Current is a financial technology company that provides mobile banking services. The company's platform offers checking accounts, debit cards, and money management tools, as well as rewards and cashback programs. Current's services are available to individuals and families. The company was founded in 2015 and is headquartered in New York, New York.
Learn more about Current
Size
200 employees
Industry
Net Income
-$10 million
Founded
2015
5 Year Trend
+250%
Revenue
$50 million

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