IPG Photonics

Payroll Specialist- A/R duties

IPG Photonics  •  Oxford, MA (Onsite)  •  19 hours ago
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Job Description

IPG Photonics is revolutionizing the laser industry as the pioneering developer and leading producer of fiber lasers and amplifiers. Headquartered in Marlborough, MA, IPG has over 4,800 employees in more than 25 locations around the world. We aspire to work together with our employees and customers to apply light in ways that improve life.

Our mission is to develop innovative laser solutions to make the world a better place. To accomplish this mission, we are committed to attracting and retaining the best talent and an engaged and thriving workforce that drives a sustainable future for our company and society.

Working at IPG Photonics you can expect challenging projects, a motivating and friendly environment, and competitive benefits.

Primary responsibilities include a strong emphasis on payroll, account reconciliation, financial analysis, reporting, accounts receivable support, and processing employee expense reports.

Key Responsibilities

  • Process biweekly payroll for approximately 150 employees, including timecard review, payrate changes, payroll registers, and issuing checks and direct deposits. Full payroll processing typically spans two days. Additional payroll processing may be added as new companies are established.
  • Handle occasional offcycle payroll items such as equity vesting, bonuses, and other onetime adjustments.
  • Prepare monthly, quarterly, and yearend account reconciliations.
  • Prepare journal entries as needed.
  • Conduct regularly scheduled and adhoc financial analysis and reporting.
  • Support accounts receivable functions, including check deposits, assisting with bank deposits, processing customer credit cards and retrieving customer invoices.
  • Process employee travel and expense reports, ensuring accuracy, compliance, and timely reimbursement.
  • Perform additional accounting duties as assigned.
  • Adhere to company policies and strict processing deadlines

Qualifications

  • BS degree in Accounting or an equivalent combination of education and experience.
  • 3+ years of experience in a similar accounting or payroll role.
  • Experience with payroll processing, time and attendance systems, timecards, payroll registers, and file maintenance.
  • Strong analytical skills with the ability to interpret and reconcile financial data.
  • Exceptional attention to detail and organizational skills.
  • Ability to manage multiple priorities in a fastpaced environment.
  • Strong and accurate dataentry skills.
  • Ability to work independently while maintaining accuracy and meeting deadlines.
  • Strong communication skills.
  • Proficiency in Microsoft Office, particularly Word and Excel.

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Wage Information


MA: $22.54 - $28.84

US Benefits Information

Pay Range

The pay range on this posting applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location posted, the applicable range could differ. Actual starting pay is determined by a number of factors including relevant skills, qualifications, and experience.

Other Compensation Employees in this role are eligible for additional rewards which could include:

  • Annual Discretionary Bonus or Sales Bonus as Applicable

Benefits Provided All Regular* US employees receive:

  • Paid vacation time accrued based on years of service
  • Paid sick time
  • 12 (twelve) Paid Holidays Each Calendar Year
  • *Prorated for reduced hour schedules

    Additional Benefits Offered IPG also offers access to:

    • Medical, dental, and vision insurance plans with options for HSA/FSA
    • Dependent Care FSA 
    • Paid Basic Life and AD&D Insurance
    • Short-term and Long-term Disability insurance
    • 401(k) plan with Company matching
    • Employee Stock Purchase Plan (ESPP)
    • Tuition Reimbursement Program
    • Employee Assistance Program (EAP)
    • Adoption Assistance
    • Pet Insurance
    • Parental Bonding Leave
    • Bright Horizons Backup Care
    • Bright Horizons College Coach

    *Benefits eligibility may differ by program for reduced hour schedules

    Deadline and How to Apply

    This job posting will remain active until a candidate is identified and/or the Company rescinds the job posting.

    For full consideration, please click on the link to apply.

IPG Photonics

About IPG Photonics

IPG Photonics is the world leader in fiber laser technology, offering solutions for applications across a wide array of industries. Headquartered in Marlborough, USA, the company has developed a robust, vertically integrated supply chain, developing key technology components in-house, thus enabling the most reliable, powerful, and efficient laser solutions. With over 30 locations across the globe, we are committed to developing innovative products that provide reliable, cost-effective solutions for our customers’ needs.

Industry
Manufacturing & Production
Company Size
1,001-5,000 employees
Headquarters
Oxford, MA
Year Founded
Unknown
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