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Payroll Team Lead

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: PEAK6
Full Time position
Listed on 2026-06-13
Job specializations:
  • Finance & Banking
    Accounting Manager, Payroll, Tax Accountant, Financial Analyst
Salary/Wage Range or Industry Benchmark: 79000 - 98750 USD Yearly USD 79000.00 98750.00 YEAR
Job Description & How to Apply Below

About This Role

As Lead Payroll at PEAK6, you will be the functional expert and operational cornerstone of the payroll team — owning end-to-end multi‑state payroll processing, compliance, and continuous improvement. You will set the standard for quality, drive process excellence, and partner cross‑functionally to keep payroll running seamlessly across PEAK6's diverse business lines. If you love solving complex payroll problems and thrive in a fast‑paced, technology‑forward environment, this role is for you.

Responsibilities

Payroll Operations
  • Own and execute bi‑weekly multi‑state payroll processing for exempt and non‑exempt employee populations across multiple legal entities via Workday Payroll
  • Maintain payroll data integrity by collecting, auditing, calculating, and entering data with a high degree of accuracy
  • Serve as the primary escalation point for complex payroll questions and discrepancies, resolving issues efficiently and with a strong employee experience in mind
  • Lead year‑end processing including W‑2 preparation, balancing, adjustments, and amendments
Compliance & Tax
  • Ensure compliance with all federal, state, and local payroll regulations including FLSA, wage and hour laws, overtime rules, and termination pay requirements
  • Manage all payroll tax obligations: registering in new states, closing inactive accounts, and resolving tax notices with third‑party systems
  • Monitor and interpret changes in payroll tax law, proactively communicating impacts and implementing updates
  • Partner with external auditors to provide documentation and support for annual audits and internal controls
Cross‑Functional Partnership
  • Act as the functional SME for payroll‑related inquiries from HR, Finance, and senior leadership — translating complexity into clear guidance
  • Collaborate to streamline onboarding/offboarding processes, pay changes, deductions, and benefits administration
  • Work with functional teams to ensure accurate and timely funding for payroll, taxes, and benefits
  • Contribute expertise during system implementations, upgrades, or integrations — particularly within Workday
Reporting & Process Improvement
  • Develop and maintain ad‑hoc payroll reporting and analytics to support leadership decision‑making
  • Reconcile monthly payroll bank transactions and support month‑end close, including journal entries and GL reconciliations
  • Identify and drive automation and efficiency opportunities within payroll operations
  • Maintain payroll policies, procedures, and internal controls documentation to ensure consistency and audit‑readiness
Qualifications
  • 5–8 years of progressive payroll experience in a fast‑paced, multi‑entity environment
  • Deep expertise in multi‑state payroll processing and a strong command of federal and state compliance, tax regulations, and wage/hour laws
  • Hands‑on Workday Payroll experience strongly preferred
  • Certified Payroll Professional (CPP) designation preferred; FPC considered
  • Experience with Net Suite or similar general ledger systems a plus
  • Strong analytical skills with proficiency in Microsoft Excel and the ability to build and interpret payroll reports
  • Technology‑forward mindset — you actively look for ways to automate, improve, and scale payroll processes
  • Excellent communicator who can distill complex payroll topics for non‑payroll stakeholders
  • Highly organized, detail‑oriented, and comfortable managing competing priorities under tight deadlines
Rewards

We offer a robust package of employee perks and benefits, including healthcare (medical, dental, vision, EAP), competitive PTO, 401(k) match, parental leave, and HSA contribution match. We also provide paid subscription to the Calm app and generous external learning and tuition reimbursement benefits. As a hybrid workforce, employees may work remotely up to two days a week.

Base pay may vary depending on experience and location. This position may also be eligible for discretionary annual bonus and health & wellness benefits.

Base Salary Range: $79,000–$98,750

EEO Statement

PEAK6 is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. PEAK6 is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to providing reasonable accommodations to qualified individuals with disabilities.

If you require accommodations, please contact

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