Payroll Specialist

ABOUT THE ROLE

Peloton is looking for an ambitious, driven, experienced Payroll Specialist to accurately and timely execute the monthly processing and administration of Payroll.

YOUR DAILY IMPACT AT PELOTON

• Managing end-to-end payroll processing for employees that includes importing, proofing, editing, processing, and transmitting all payroll wages and tips, deductions, reimbursements, bonuses, commissions, and manual payments consistent with federal and state wage and hour laws
• Ability to collaborate with external benefits brokers to administer and support employee inquiries and policy options
• Supporting managers to increase understanding and application of HR processes
• Responding to employee inquiries in a timely manner
• Actively partnering to deliver HR solutions in areas including Management Enablement, Off-boarding, Benefits Inquiries, and other general questions
• Educate managers and employees on HR policy, process and practice to ensure effective execution
• Perform specific duties related to insurance plans, 401k, and flexible spending accounts reconciliation of accounts, timely vendor payments
• Perform updates to payroll-related information and data and manage overall payroll workflow
• Ensure timely processing of all new hires, promotions, and terminations for several units.
• Analyze and audit payroll data for accuracy of posting, including intercompany transactions.
• Prepare journal entries related to payroll and benefits and record timely and accurately
• Prepare and complete pay orders through an electronic system or distribute paychecks
• Administer statements of payment to personnel either electronically or on paper
• Process taxes and payment of employee benefits
• Keep track of hourly rates, wages, compensation benefit rates, new hire information, etc.
• Address issues and questions regarding payroll from employees and superiors
• Prepare reports for upper management and finance department
  

YOU BRING TO PELOTON

• Proven experience as payroll specialist or payroll manager
• Solid understanding of accounting fundamentals and payroll best practices
• Very good knowledge of legislation and regulations of the payroll field
• Experience with benefits administration is a big plus but not mandatory
• Strong knowledge of payroll software, applicant tracking systems, and onboarding applications
• Proficient in MS Office
• Trustworthy with attention to confidentiality
• Outstanding organizational ability with great attention to detail
• Excellent communication skills
• BA/S in business, accounting, or relevant field or equivalent years of experience

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