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

Payroll Associate

Sorry, this job was removed at 3:01 p.m. (EST) on Thursday, October 31, 2019
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THE ROLE

Peloton’s Payroll Associate is responsible for organizing and performing the activities within the Payroll Department; overseeing and auditing the preparation, processing and maintenance of regular, special and supplemental payrolls to assure associates are paid in an accurate and timely manner. This job requires specialized subject matter expertise in the area of payroll functions and knowledge of general principles of accounting.

RESPONSIBILITIES

  • Assist the Payroll Manager in the semi monthly/bi-weekly payroll processing for 100+ locations across the United States.
  • Receive and respond to pay related inquiries using discretion & effective oral and written communication with associates and outside agencies
  • Quality Assurance:Provides monthly quality statistics and KPI metrics to RPE team and analyzes results.
  • Perform final review of payroll data related to one-time payments, retros, salary, etc. and coordinate with HR and stores on various corrections and changes for final calculation of payroll
  • Identify and assist implementation of appropriate business process efficiencies in relation to payroll processing
  • Verify changes and corrections to associate tax withholdings and bank options, and work with associates when direct deposit is returned, account is codes or account information is incorrect
  • Perform routine and highly complex accounting support work in payroll, e.g., posting/data entry, calculating data, verifying accuracy, audits and/or reviews source documents
  • Perform verification and reconciliation tasks according to department checks and balances; investigates audit discrepancies
  • Compile, review, reconcile and document transactions for payroll adjustments, garnishments, deductions, reimbursements, tax records, and other applicable transactions
  • Act as a resource person to provide information to associates regarding payroll practices and procedures, including participating in new hire orientation, in-service programs, individual counseling, etc.
  • Project Management: Manages daily workflow by level- setting processing volumes and schedules to ensure timely payroll processing, Service Level Agreement and Quality goal achievement.

QUALIFICATIONS

  • Knowledge of applicable Federal and state statutes and regulations relating to payroll
  • Knowledge of current payroll methodologies and processes, preferably in the area of multi-state payroll processing; tax withholding; voluntary deductions; garnishments, stock options, and insurances
  • Professional demeanor and strong work ethic
  • Strong verbal and written communication skills.
  • Able to deliver effective results, meet deadlines and targets.
  • Ability to problem solve, analyze, good mathematical skills and be able to multiple tasks in a fast paced environment
  • Excellent communication and organization skills; exhibits accuracy when working with details.
  • Ability to handle highly confidential data.
  • Good judgment & decision-making skills
  • Strong organizational skills
  • Ability to read and write the English language, conduct business related mathematics and analyze data as required
  • Ability to write routine reports and correspondence.
  • Proficient in Microsoft Excel, Word, and Power Point and experience with HR/Payroll database (preferably ADP) systems.

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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