Payroll Specialist- A/R duties - Oxford, MA
Oxford, MA 
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Posted 10 days ago
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
  • 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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"Equal Opportunity Employer / Affirmative Action M/F D/V
IPG Photonics Corporation is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. All employment decisions and personnel actions at IPG Photonics are administered without regard to race, color, religion, creed, national origin, ancestry, sex, age, qualified mental or physical disability, gender identity, sexual orientation, genetic carrier status, any veteran status, any military service, any application for any military service, or any other category or class protected by applicable federal, state or local laws. IPG Photonics Corporation provides reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans' Readjustment Assistance Act of 1974 and Title I of the Americans with Disabilities Act of 1990. Applicants who need accommodation in the job application process should contact (508) 506-2527 or email HR.Accommodations@ipgphotonics.com opens an email client applicationto request assistance. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to.
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Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3+ years
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