Job details

Senior Payroll Associate

Bain Capital Overview

Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with approximately $160 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.

Position Overview

We are seeking an experienced and driven individual to join our payroll team as a Senior Payroll Associate. This new role will work closely with the Payroll, HR and Compensation teams to support US payroll processing and functions. This position will be responsible for entering and processing payroll for over 1,000 US employees both exempt and non-exempt. As a Senior Payroll Associate you will be responsible for executing all aspects of the payroll process, GL entries, tax filing and annual reporting. The ideal candidate should be able to roll up their sleeves and dig into the details of any payroll task using their expert payroll knowledge to ensure efficiency and accuracy.

Key Responsibilities

Process multi-state biweekly payrolls using ADP
Reconcile monthly bank statements
Enter general ledgers and reconcile payroll journal entries in Workday
Prepare manual off-cycle payments
Manage miscellaneous items for payrolls, including fringe benefits and deductions
Maintain employee 401k elections
Resolve any issues and queries from employees relating to payroll matters
Communicate with ADP on any payroll issues
Assist with payroll and corporate annual audits
Handle employment verifications
Coordinate as needed on any ad hoc projects that may arise related to payroll function
Review payroll processes and systems for efficiency and provide solutions for improvement or ways to automize on an ongoing basis
Work with the HR team to ensure effective leverage of our HRIS (Workday) for operational processes such as compensation and payroll reporting

Skills and Qualifications

6-8 years of payroll experience
Experience using ADP payroll software is preferred
Experience using Workday HRIS system is a plus
Proficiency in Microsoft Office products (Excel, Outlook, Word)
Understanding of payroll operation processes including payroll, GL, benefits, taxes and annual reporting
Ability to operate in a complex, fast paced, multi-business unit environment
Strong interpersonal skills, poise and professional capacity to interact with outside parties and internal personnel across all levels
Dedicated team player, a strong sense of ownership and bias towards delivery/action
A forward-thinking, self-motivated, and organized individual
Ability to prioritize responsibilities and work under deadlines with high attention to detail
Capacity to handle highly confidential and sensitive information

Desired Education

Bachelor’s degree required
Payroll certification a plus

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CEO of Bain Capital

Jonathan Lavine and John Connaughton

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By Bain Capital

Bain Capital is one of the world's leading private investment firms based in Boston, Massachusetts. We specialize in private equity, venture capital, credit, public equity, impact investing, life sciences, crypto, tech opportunities and more.

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