Senior Payroll Specialist

ABOUT THE ROLE

We are seeking a Senior Payroll Specialist to join our team. Reporting to the Senior Manager, Payroll - the Senior Payroll Specialist will be responsible for maintaining the integrity of payroll processes to ensure accurate and timely payroll processing for over 7500 employees. This role will work closely with People Team, Benefits, Compensation, and Equity on payroll-related matters as well as interact closely with the accounting. This is an opportunity for a highly driven payroll professional who is pro-active, detail-oriented, self-directed to join a dynamic, fast-paced, high-growth organization. The Senior Payroll Specialist will assist with all current and upcoming projects as well as strengthening our overall processes.

YOUR DAILY IMPACT AT PELOTON

• Ensures accurate and timely processing of payroll-related transactions for over 7,500 US employees in compliance with the company policies and all federal, state, and local laws and regulations
• Ensure accurate and timely processing of US Stock and Equity transactions
• Manage monthly and quarterly wage reconciliations and tax filing requirements including year-end reporting, W-2s, and amendments
• Perform complex analysis of payroll issues and determine root cause and implement reasonable solutions
• Complete post payroll audits and reporting, prepare metrics and track errors using technology and reporting tools
• Follow payroll procedures and adhere to payroll policies. Interprets and evaluates policies and procedures and suggests changes for improving the responsiveness, efficiency, and accuracy of the department
• Provide timely customer service to employees and ensure all payroll errors are handled completely, effectively, timely, and professionally
• Assist payroll leadership team with special projects as assigned
• Ensure compliance with federal, state, local tax and wage and hour laws, regulations, or guidelines, including payroll tax registrations
• Ensure compliance with SOX controls
• Facilitate and perform regular payroll audits and assist in preparing supporting schedules for external auditors
• Assist with financial reconciliation inquiries and requests in relation to payroll
• Manage state agency correspondence and compliance documentation requests

YOU BRING TO PELOTON

• 7+ years of multi-state payroll experience is required
• Thorough understanding of current payroll tax laws and regulations, including multi-states, local, and federal tax law required
• Ability to function in a fast-paced, high growth environment with excellent interpersonal skills, positive attitude, flexibility, and a willingness to learn new things
• Strong analytical and organizational skills, able to manage multiple priorities, and effective verbal and written communication skills
• A customer service, teamwork, accuracy, and strong attention to detail mindset is required
• Proficient in Ceridian, ADP WFN & Success Factors

Base Salary: $70,880.00  to $115,200.00

The base salary range represents the low and high end of the anticipated salary range for this position based at our New York City headquarters. The actual base salary offered for this position will depend on numerous factors including individual performance, business objectives, and if the location for the job changes. Our base salary is just one component of Peloton’s competitive total rewards strategy that also includes annual equity awards and an Employee Stock Purchase Plan as well as other region-specific health and welfare benefits.

As an organization, one of our top priorities is to maintain the health and wellbeing for our employees and their family. To achieve this goal, we offer robust and comprehensive benefits including:

• Medical, dental and vision insurance 
• Generous paid time off policy
• Short-term and long-term disability
• Access to mental health services
• 401k, tuition reimbursement and student loan paydown plans
• Employee Stock Purchase Plan
• Fertility and adoption support and up to 18 weeks of paid parental leave 
• Child care and family care discounts
• Free access to Peloton Digital App and apparel and product discounts
• Commuter benefits and Citi Bike Discount
• Pet insurance and so much more!

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