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, security, and compliance with record-keeping regulations.

Employee Support : Serve as the primary point of contact for employee payroll and benefits inquiries, providing clear and timely responses regarding pay statements, deductions, benefits, tax withholdings, and

related matters. Educate employees on payroll policies and benefits programs to enhance understanding and engagement.

Reporting: Generate and analyze payroll and benefits reports for management, providing insights on payroll expenses, tax liabilities, benefits costs, and other key metrics, as needed. Prepare detailed reports for audits, compliance reviews, and financial planning.

Qualifications

• Minimum of 5 years of experience in payroll and benefits

• Extensive knowledge of payroll processing, benefits administration and tax compliance.

• Proficiency in payroll and benefits management systems/software.

• Outstanding interpersonal and customer service skills with the ability to work both independently and on teams

• Strong analytical and problem-solving abilities

• Excellent communication, presentation and interpersonal skills

• Working knowledge of compliance with ERISA, IRS laws, and current regulations pertinent to health and welfare plans

• Ability to effectively manage multiple priorities and projects at once

Our Value Proposition:

Enjoy the fast-moving, entrepreneurial spirit more typically found in a small biotech, complemented by the benefits of a global pharmaceutical/chemical conglomerate. At this time, Mitsubishi Tanabe Pharma America offers our employees unparalleled opportunities for career success coupled with a supportive level of employee benefits.

MTP provides a competitive benefits package inclusive of Medical and Dental health benefits, short-term and long-term disability plans, Company Paid and Supplemental Life insurance and additional voluntary benefits such as Critical Illness Insurance, Accident Insurance, Legal Plan, and ID Theft Protection. In addition, we provide a generous PTO policy based on tenure, commencing with 24 PTO days, pro-rated based on hire date.

The salary range for this position is $100,000 - $120,000. Factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, as well as market and business considerations may influence base pay offered. This salary may be subject to a geographic adjustment (according to a specific city and state and depending on the role), if an authorization is granted to work outside of the location listed in this posting.

This position is eligible to participate in our annual Short-Term Incentive (STI) program. Specific information about the plan including eligibility rules and target, will be furnished upon hire.

Job Locations US-NJ-Jersey City

Job ID 2025-1934

# of Openings 1

Category Human Resources

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.