Payroll Specialist

Job Description

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 bi‑weekly payroll for approximately 150 employees, including timecard review, pay‑rate 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 off‑cycle payroll items such as equity vesting, bonuses, and other one‑time adjustments.

• Prepare monthly, quarterly, and year‑end account reconciliations.

• Prepare journal entries as needed.

• Conduct regularly scheduled and ad‑hoc 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 fast‑paced environment.

• Strong and accurate data‑entry skills.

• Ability to work independently while maintaining accuracy and meeting deadlines.

• Strong communication skills.

• Proficiency in Microsoft Office, particularly Word and Excel.

#ZR
IND123

MA: $22.54 - $28.84MA: $22.54 - $28.84

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.

• 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 fast‑paced environment.
• Strong and accurate data‑entry skills.
• Ability to work independently while maintaining accuracy and meeting deadlines.
• Strong communication skills.
• Proficiency in Microsoft Office, particularly Word and Excel.

#ZR
IND123

\nCompany Description

IPG Photonics is the leading developer and manufacturer of high-performance fiber lasers and amplifiers for diverse applications in numerous markets and we are hiring! IPG is a global company with manufacturing facilities in the U.S., Germany, and Italy, with regional sales offices across the world.

As the world-leader in fiber laser technology, we have introduced innovations to make industrial lasers more power-efficient. The energy efficiencies provided by IPG fiber lasers not only lower our customer’s operating costs, but more importantly reduces their carbon footprint and reduces greenhouse emissions produced by industrial applications.

As an employee with IPG Photonics, you can expect a competitive starting wage, annual discretionary bonuses, health insurance benefits effective DAY ONE, 3 weeks of vacation, 12 paid holidays, sick time, tuition assistance, 401K with company match, and much more!

Equal Opportunity Employer / Affirmative Action M/F D/V

Company Description

IPG Photonics is the leading developer and manufacturer of high-performance fiber lasers and amplifiers for diverse applications in numerous markets and we are hiring! IPG is a global company with manufacturing facilities in the U.S., Germany, and Italy, with regional sales offices across the world. \r\n\r\nAs the world-leader in fiber laser technology, we have introduced innovations to make industrial lasers more power-efficient. The energy efficiencies provided by IPG fiber lasers not only lower our customer’s operating costs, but more importantly reduces their carbon footprint and reduces greenhouse emissions produced by industrial applications. \r\n\r\nAs an employee with IPG Photonics, you can expect a competitive starting wage, annual discretionary bonuses, health insurance benefits effective DAY ONE, 3 weeks of vacation, 12 paid holidays, sick time, tuition assistance, 401K with company match, and much more!\r\n\r\nEqual Opportunity Employer / Affirmative Action M/F D/V