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Sr Manager, Payroll & Equity Plan Administration

San Diego, CA or remote

Erasca is a San Diego based biotechnology company focused on discovering and developing precision medicines for the benefit of patients with cancer. We are advancing multiple programs targeting biological drivers of cancer and are pursuing additional pipeline expansion opportunities through academic and biopharmaceutical collaborations. Our programs, currently focused on innovative discovery research, take novel approaches to shutting down certain oncogene drivers of solid tumor malignancies. The name “Erasca” has an important embedded meaning: it is a contraction of our audacious hope to “erase cancer” that drives our mission and everything that we do on behalf of patients with cancer.

Reporting to the SVP Finance, the Senior Manager of Payroll and Equity Administration will drive the development and administration of the payroll and stock administrative functions at Erasca. The ideal candidate will be experienced in managing payroll operations and equity administration. This position will foster relationships with outsourced providers and with internal stakeholders by establishing and maintaining exceptional business relationships and working collaboratively. It is critical that you are a hands-on manager, who has prior experience in both Payroll and Equity administration.  

Essential Duties and Responsibilities:

  • Partner with key stakeholders in our Finance, Accounting, Legal, and HR teams to ensure timely and accurate record-keeping for payroll and equity programs  
  • Manage and participate in the entire payroll and timekeeping process, including reviewing, validating, and reconciling payroll data to ensure accurate payroll payments, reporting and records on a timely basis  
  • Administer Company equity plan including the processing of all employee stock transactions in record keeping systems  
  • Manage outsourced equity administration and financial reporting teams, ensuring that all equity transactions such as grants, cancellations and exercises, including required regulatory filings, are accurately recorded in a timely manner  
  • Maintain all aspects of employee stock purchase program which includes leading bi-annual plan enrollment sessions, responding to participant questions, recording all purchase transactions and ensuring contribution elections and changes are processed in payroll and equity systems  
  • Review and approve all equity related payroll transactions and ensure compliance with tax withholding requirements  
  • Manage and execute the 401K process through BlueStar including non-discriminatory testing (NDT) and other compliance reporting  
  • Ensure payroll and equity records/processes maintain compliance with applicable laws and company policies  
  • Responsible for period-end close including journal entries and reconciliations for payroll, benefits, and stock compensation 
  • Prepare or review annual tax-related documents for payroll and equity transactions  
  • Support internal and external auditors by preparing timely PBC requests and responding to questions  
  • Comply with company policies, including the performance of SOX internal control procedures with high-quality documentation  
  • Perform all duties in keeping with the Company’s core values, policies and all applicable regulations  

Required Education and Experience:  

  • Undergraduate degree with at least 6 years of a combination of payroll and stock administrator experience required, CPP (Certified Payroll Professional) and/or CEP (Certified Equity Professional) certification a plus 
  • Extensive knowledge of the payroll function including preparation, balancing, internal control, and payroll taxes 
  • Experience with US GAAP stock-based compensation standards 
  • Experience with payroll and equity administration platforms (Equity Edge preferred). 
  • Demonstrated professionalism, reliability, flexibility, attention to detail, and an ability to maintain strict privacy of confidential financial data  
  • Demonstrated ability to achieve high performance goals and meet deadlines in a fast-paced environment  
  • Effective interpersonal and communication skills; must be a collaborative team player with a can-do attitude and the ability to identify and implement creative solutions to complex technical problems  
  • Strong learning orientation, curiosity, and passion for science and patients  

Erasca, Inc., is an Equal Opportunity Employer and takes pride in maintaining a diverse and inclusive environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of sex , race, religion, national origin, ancestry, physical or mental disability, protected medical condition, genetic information, marital status, registered domestic partner status, age, sexual orientation, military and veteran status or any other basis protected by federal, state or local law or ordinance or regulation.

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