CorMedix Therapeutics · 14 hours ago
Dir, Payroll, Retirement & Equity Ops
Lake Forest, IL
Full-time
Onsite
Director/Executive
10+ years expCorMedix Therapeutics is a biopharmaceutical company focused on developing and commercializing therapeutic products for critical unmet medical needs. The Director, Payroll, Retirement & Equity Operations is responsible for overseeing payroll operations and the administration of retirement and equity programs, ensuring compliance and accurate processing while collaborating cross-functionally with various departments.
BiotechnologyHealth CareHealth Diagnostics
Responsibilities
Oversee accurate, compliant, and timely payroll processing for all employee populations, including multi-state requirements
Maintain and improve payroll processes, calendars, and documentation to ensure consistent execution and a positive employee experience
Ensure compliance with federal, state, and (as applicable) international payroll laws and tax regulations, including statutory reporting and year-end filings (e.g., W-2, 1099)
Serve as primary liaison to payroll vendors and service providers; manage SLAs, issue resolution, and continuous improvement
Lead payroll-related initiatives, including system implementations, integrations, upgrades, and regulatory or policy-driven changes, in partnership with HR, Finance, and IT
Own payroll reconciliations and controls; partner with Accounting on journal entries, accruals, and balance sheet reconciliations
Act as the escalation point for complex payroll inquiries and corrections; drive root-cause analysis and preventive actions
Support internal and external audits by providing documentation, data extracts, and control evidence; remediate findings as needed
Lead the stock administration function for company equity programs (e.g., RSUs, stock options, performance awards)
Ensure data integrity and accurate recordkeeping in the equity administration platform (e.g., BofA), including participant eligibility, award details, vesting, and transactions
Partner with Legal, Finance, HR, and external providers to administer equity plans in accordance with plan documents and applicable regulations
Coordinate equity-related payroll taxation and reporting (e.g., withholding at vest) and partner with Accounting on stock-based compensation expense and disclosures under ASC 718
Prepare and/or support preparation of equity reporting for leadership, the Board of Directors, and the Compensation Committee, including materials needed for quarterly close and year-end reporting (10-Q/10-K and proxy disclosures, as applicable)
Maintain and enhance internal controls, procedures, and documentation related to equity administration; support audits and quarterly reviews
Evaluate vendors and service providers; recommend enhancements, automation, and process improvements to scale operations
Manage direct report(s) and third-party consultants as applicable; set goals, provide coaching, and ensure high-quality execution
Oversee day-to-day administration of the Company’s 401(k) plan in partnership with recordkeeper, trustee, and plan advisors
Manage participant lifecycle activities: enrollments, eligibility, deferral changes, status changes, and terminations
Review and approve plan transactions as required (e.g., loans, distributions, rollovers, hardship withdrawals) to ensure adherence to plan rules and regulations
Coordinate annual compliance requirements, including nondiscrimination testing (e.g., ADP/ACP), Safe Harbor and other required notices, and plan document updates/amendments
Prepare annual census and data files; ensure accurate payroll-to-recordkeeper integrations and timely funding of contributions
Support Form 5500 preparation and related filings; coordinate annual audits for large plans (as applicable) and respond to auditor requests
Maintain accurate plan records and documentation (e.g., Summary Plan Description and participant communications) and ensure timely distribution of required notices and statements
Serve as the primary point of contact for employee questions; provide clear guidance and coordinate escalations with vendors as needed
Qualification
Required
Bachelor's degree in Finance, Accounting, Human Resources, Business Administration, or a related field (Master's/MBA a plus)
10+ years of progressive experience across payroll and equity administration, including 5+ years leading teams or programs
Strong knowledge of payroll compliance (tax, wage/hour, multi-state), retirement plan administration (ERISA/IRS/DOL requirements), and stock-based compensation concepts (including ASC 718)
Experience with equity administration platforms (e.g., BofA, E•TRADE, Carta) and payroll systems (e.g., ADP, Workday, UKG) including integrations and reporting
Demonstrated ability to design and scale operational processes, internal controls, and documentation in a high-growth environment
Excellent analytical, communication, and stakeholder-management skills; ability to translate complex topics into clear guidance for employees and leaders
High attention to detail with strong prioritization and deadline management skills
Preferred
Certified Equity Professional (CEP) or Certified Payroll Professional (CPP) a plus
Benefits
401(k)
Company
CorMedix Therapeutics
CorMedix Therapeutics is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases.
11-50 employees
Funding
Current Stage
Public CompanyTotal Funding
$96.47M2025-06-26Post Ipo Equity· $85M
2017-11-09Post Ipo Equity· $5M
2013-10-20Post Ipo Equity· $3M
Leadership Team
Joseph Todisco
Chief Executive Officer
Recent News
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