What are the responsibilities and job description for the Payroll Associate position at Bain Capital?
BAIN CAPITAL OVERVIEW:
With approximately $215 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit, and Real Assets. Today, our team includes 1,985 employees in 24 offices on four continents.
We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.
Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes.
POSITION
The individual will join Bain Capital, LP in Boston as part of an established Payroll team. This position will be responsible for entering and processing payroll for over 1,000 US employees both exempt and non-exempt. They will record items in the general ledger, reconcile payroll accounts monthly and assist the Finance and Human Resources teams with ad hoc projects as needed.
Key Responsibilities
Expected Annual Base Salary $70,000 – 80,000
Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location. In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance. Bain Capital offers a competitive benefits package designed to support employees’ health, financial security, family needs, and overall well-being.
Bain Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.
With approximately $215 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit, and Real Assets. Today, our team includes 1,985 employees in 24 offices on four continents.
We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.
Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes.
POSITION
The individual will join Bain Capital, LP in Boston as part of an established Payroll team. This position will be responsible for entering and processing payroll for over 1,000 US employees both exempt and non-exempt. They will record items in the general ledger, reconcile payroll accounts monthly and assist the Finance and Human Resources teams with ad hoc projects as needed.
Key Responsibilities
- Process multi-state bi-weekly payrolls using ADP
- Communicate with ADP on any payroll issues
- Prepare manual off-cycle payments
- Enter general ledgers and reconcile payroll journal entries in Workday
- Manage miscellaneous items for payrolls, including fringe benefits and deductions
- Maintain employee 401k elections
- Reconcile monthly bank statements
- Respond to employee payroll related questions and issues
- Assist with payroll and corporate annual audits
- Assist with payroll related projects for HR and finance teams
- Perform ad hoc tasks as required
- 3-5 years of payroll experience
- Experience with ADP, preferably WorkForce Now
- Experience with Workday
- Proficiency in Microsoft Office products (Excel, Outlook, Word)
- Ability to operate in a complex, fast paced, multi-business unit environment
- Strong communication skills, both verbal and written, with the capacity to interact with outside parties and personnel across all levels of the firm
- A forward-thinking, organized individual
- A team player who is eager to learn and work with others in a dynamic environment
- self-motivated individual that is able to take initiative
- Ability to prioritize responsibilities and work under deadlines
- Meticulous attention to detail with a focus on high quality output
- Capacity to discretely handle highly confidential and sensitive information
- Bachelor’s degree required, preferably in Finance or Accounting
Expected Annual Base Salary $70,000 – 80,000
Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location. In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance. Bain Capital offers a competitive benefits package designed to support employees’ health, financial security, family needs, and overall well-being.
Bain Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.
Salary : $70,000 - $80,000