Manager, Benefits and Payroll

Overview

Entrepreneurial Spirit, Rooted in Tradition. Mitsubishi Tanabe Pharma America, Inc. (MTPA) is a U.S. subsidiary of Mitsubishi Tanabe Pharma Corporation (MTPC) in Japan, which touts a storied reputation more than 300 years in the making. Our parent company - one of Japan’s most respected - is a research-driven pharmaceutical company that has tirelessly pursued medical breakthroughs with global reach. MTPC has discovered and produced several first-in-class medicines for serious diseases, including multiple sclerosis (MS), diabetes mellitus (DM), amyotrophic lateral sclerosis (ALS), and is currently developing medicines in  Neurology in Parkinson’s (PD), Spinal Cord Injury (SCI), and in high unmet areas in Immunology and Oncology.

 

MTPA is rapidly expanding its operations across all functional areas. MTPA’s commitment to patients and their communities continues with a robust late-stage pipeline of investigational treatments for difficult-to-treat diseases and commercializing products with significant unmet medical needs in North American markets.  In the United States, MTPA launched rare disease treatments including RADICAVA® (edaravone) injectables in 2017 and RADICAVA® (edaravone) oral suspension in 2022.  The company handles research, clinical development, sales, marketing, medical affairs, supply chain, and business development functions.  MTPA is dedicated to improving the treatment environment for those with debilitating diseases, researching on real-world evidence, and creating hope for all facing illness. 

 

The Payroll and Benefits Manager is responsible for overseeing the end-to-end payroll process and benefits administration to ensure employees are compensated accurately, on time, and in compliance with federal, state, and local regulations. This role ensures seamless payroll operations, including precise wage calculations, deductions, and tax withholdings, while maintaining accurate employee records.

Additionally, the incumbent manages benefits programs, including enrollment, deductions, compliance, and cost monitoring, serving as a key resource for employees regarding payroll and benefits inquiries. The Payroll and Benefits Manager also plays a critical role in system management, process optimization, reporting, and ensuring adherence to employment laws and organizational policies.

Responsibilities

 

Payroll Processing: Oversee the end-to-end payroll process, ensuring the accurate and timely calculation of employee wages, including regular pay, overtime, incentive compensation and deductions. Ensure compliance with company policies, labor laws, and tax regulations while maintaining confidentiality and accuracy in payroll transactions. Identify and resolve discrepancies in payroll data and processes.

Payroll Distribution: Manage payroll disbursement processes, including direct deposit and physical check distribution, ensuring employees receive timely and accurate payments. Work closely with financial institutions and payroll service providers to address any issues.

Tax Compliance: Ensure payroll compliance with all federal, state, and local tax regulations, including accurate calculation, withholding, and timely filing of payroll taxes. Stay updated on changes to tax laws and employment regulations, implementing necessary adjustments to payroll processes.

Benefits Administration: Manage all aspects of employee benefits programs, including enrollments, changes, terminations, and payroll deductions for health insurance, retirement plans, and other employee benefits. Oversee the annual open enrollment process, collaborating with HR and benefits providers to ensure a smooth and efficient experience. Communicate benefits information through various channels and provide ongoing support to employees regarding their benefit options.

System Management: Maintain and update payroll and benefits systems, ensuring accuracy, security, and efficiency. Troubleshoot system issues, collaborate with IT and payroll software vendors to resolve technical problems, and implement process improvements to enhance system functionality. Stay informed on advancements in payroll and HR technology to optimize payroll and benefits administration.

Compliance & Audits: Support internal and external audits by ensuring payroll and benefits records are accurate, complete, and compliant with company policies and regulatory requirements. Proactively identify areas for improvement and implement corrective actions as needed.

Employee Records Management: Maintain and update comprehensive employee payroll records, including salary details, pay rates, hours worked, tax withholdings, direct deposit information, and other relevant payroll and benefits data. Ensure data accuracy, securi