Peloton
Peloton is the leading interactive fitness platform globally, with a passionate community of over 6.9 million Members.
Hybrid

Director, Global Payroll

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THE ROLE

Peloton’s Director of Global Payroll will be responsible for overseeing employee payroll and related system/administrative functions to ensure accurate, timely and reporting of all wage and tax data in accordance with federal, state, and global regulations. The Director of Global Payroll will be responsible for developing and designing both process and systemic solutions to improve efficiencies within the payroll department and support operational needs.

RESPONSIBILITIES

  • Oversees all aspects of payroll administration, timekeeping and scheduling systems, taxes and garnishments in a multi-state, global environment for approximately 2000+ employees. Payroll cycles include salaried employees, hourly employees, commission for sales leaders and bonuses.
  • Leads a team responsible for critical payroll processes including: management and maintenance of ADP payroll tables; configuration and rules within the system; partnership with accounting on bank audits, reconciliation and compliance; partnership with external auditors and response to data and reports; cross-functional requests for analysis or reports; and responding to customer/employee inquiries.
  • Establishes, maintains and manages processes and controls to avoid errors.
  • Sets goals and standards for expected performance of payroll leaders and staff; mentors the team.
  • Establishes and enforces customer service excellence to increase employee satisfaction and support all levels of management.
  • Ensures processes are in place to facilitate the timely and accurate processing of all payroll changes (new employees, terminations, stock-based compensation income, etc.) in ADP Workforce Now and ADP Streamline.
  • Partners with the business units and users to identify training and business operational needs and opportunities; captures business requirements and develops/designs system solutions.
  • Plans, directs, and coordinates tasks with payroll leaders and staff to ensure timely and accurate payroll adjustments, payroll cycle, including incoming/outgoing interfaces, deductions, tax reporting, and funding.
  • Manages expenses and budgets to ensure alignment with company business goals and objectives.
  • Manages all system upgrades in conjunction with the team, implements new payroll-related modules; ensures integrity of all payroll related data through system audits, testing, application of system upgrades, bundles/fixes and tax updates.
  • Partners with departments across the business to streamline cross-functional processes, identify improvement opportunities and resolve technical payroll system solutions.
  • Manages third party vendor relationships and interfaces in partnership with Payroll Manager
  • Supports People Systems/Benefits/Finance/M&A Teams on all ADP projects impacting payroll data.
  • Partners with Compensation team on pay practice policies and implements/configures payroll system to accommodate pay programs.
  • Maintains proper documentation and knowledge to successfully respond and comply with federal and state labor audits.

QUALIFICATIONS

  • Bachelor’s degree in Accounting and/or Finance preferred 
  • Experience with ADP Workforce Now and ADP Payroll required.
  • Minimum ten years payroll management experience, preferably with a global public company.
  • A strong understanding of equity compensation and how it impacts ordinary income and related tax withholdings.
  • A track record or success mentoring and developing a payroll team.
  • Eagerness to learn and being proactive in taking on new opportunities and challenges.
  • Experience using Excel for analyzing data, including knowledge of pivots and common function.
  • Proven experience with the integrations of payrolls resulting from the acquisition of new legal entities.
  • Ability to work independently and take initiative to meet deadlines in a time-sensitive, fast-paced environment with great accuracy.
  • Strong attention to detail with the ability to multi-task and work in a dynamic work environment with dedication to follow-through on all tasks and meeting deadlines is crucial.
  • Ability to provide excellent customer service while exercising the highest level of confidentiality when dealing with employee information.

ABOUT PELOTON

Founded in 2012, Peloton is a global interactive fitness platform that brings the energy and benefits of studio-style workouts to the convenience and comfort of home. We use technology and design to bring our Members immersive content through the Peloton Bike, the Peloton Tread, and Peloton Digital, which provide comprehensive, socially-connected fitness offerings anytime, anywhere. We believe in taking risks and challenging the status quo by continuously innovating and improving. Our team is made up of passionate brand ambassadors, and we know that together, we go far.

Headquartered in New York City, with offices, warehouses and retail showrooms in the US, UK and Canada, Peloton is changing the way people get fit. Peloton has been named to many prestigious industry lists, including Fast Company's Most Innovative Companies, CNBC's Disruptor 50, Crain's New York Business' Tech25 and Fast50, as well as TIME's Genius Companies. Visit www.onepeloton.com/careers to learn more about joining our team.

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What are Peloton Perks + Benefits

Peloton Benefits Overview

At Peloton, we do not subscribe to a one-size-fits-all approach - our workforce is diverse, so our benefits must be, too. Our goal is to enable our team members to be their best, most authentic selves while providing inclusive benefits to them and their families in the moments that matter most. Peloton is proud to offer comprehensive health care, mental health benefits, childcare solutions, generous paternal leave, equity packages, and more to all full time team members. In the United States, we are proud to have recently extended our medicinal benefits offering to portions of our part-time populations at certain threshold of hours. All team members are eligible for a referral bonus plan, pre-paid legal assistance, product & appear discounts, and complimentary access to the Peloton digital app.

Culture
Volunteer in local community
Peloton offers paid Volunteer Time Off to enable and empower our team members to volunteer for causes that positively impact their communities.
Partners with nonprofits
Peloton has donated funds to organizations across a variety of causes, inclusive of Hunger Relief Efforts, Civil Rights Groups, and more.
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Remote work program
Peloton's remote work program allows Team Members to work from home on occasion, as needed for them.
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Diversity manifesto
Diversity employee resource groups
Peloton Employee Resources Groups are employee-led groups that foster a diverse and inclusive workplace aligned with Peloton's organizational mission, values, goals, business practices, & overall D&1
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Peloton employees can contribute up to $2750 annually to their FSA.
Disability insurance
Disability insurance covers 60% of annual salary up to $10000 monthly maximum payout.
Dental insurance
Peloton's dental plan covers up to $3000 of expenses.
Vision insurance
Health insurance
Peloton covers up to 90% of premiums for high deductible health plans.
Life insurance
Peloton's Life Insurance is equal to 2 times an employee's annual salary with a minimum coverage of $100,000.
Pet insurance
Pet insurance is a voluntary employee-paid benefit.
Wellness programs
Team workouts
Peloton team members have free access to the Peloton digital product and can take workouts anytime!
Mental health benefits
Peloton partners with Lyra to provide mental health benefits to all employees, with 25 free sessions per year.
Financial & Retirement
401(K)
In addition to benefits that provide security for you today, you can make saving for the future easy with a 401(k) plan that allows you to save a portion of your salary towards retirement.
401(K) matching
Peloton provides employees with a 401(K) matching plan managed by ADP. We match 100% of contributions up to 4% of an employee's annual gross pay.
Company equity
Employee stock purchase plan
Our Employee Stock Purchase Plan (ESPP) is an optional program that allows eligible team members to use payroll deductions to purchase Peloton stock twice a year at a discount.
Child Care & Parental Leave Benefits
Childcare benefits
Peloton partners with Bright Horizons and Urban Sitters for Backup child care assistance. Subsidized child care & family care.
Generous parental leave
Parental Leave is a Company-Paid benefit which will pay your salary following the birth, adoption, or placement of a child. Up to 18 weeks total.
Family medical leave
Peloton provides eligible team members with up to 12 weeks of unpaid, job-protected leave per year.
Adoption Assistance
Peloton reimburses for eligible adoption expenses and 18 week of paid leave.
Vacation & Time Off Benefits
Generous PTO
Hourly team members receive between 10 to 20 days per year of paid time off based on years of service.
Paid volunteer time
Peloton employees receive 16 hours per year of paid volunteer time.
Paid holidays
Paid sick days
Team Members receive 48 hours of sick time up front.
Office Perks
Commuter benefits
Peloton offers pre-tax commuter benefits for all employees for both Transit and Parking.
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Peloton hosts happy hours in our NYC Penthouse on occasion.
Recreational clubs
Relocation assistance
Peloton offers a comprehensive relocation policy for employees relocating.
Fitness stipend
Peloton is proud to offer all full-time team members an annual reimbursement of $500 for Wellness related events registration/sponsor fees.
Home-office stipend for remote employees
During these unprecedented times, Peloton offers remote employees the ability to reimburse purchases for their at-home office, not exceeding $500.
Onsite gym
Professional Development Benefits
Tuition reimbursement
Peloton has partnered with Gradifi to help pay down your student debt and pay for your children's future education.
Promote from within
Continuing education stipend
Peloton provides $5250 annually of financial assistance for certain education related expenses to foster & encourage the professional development of our team members.

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