Payroll Processing In Jobs in Elgin, IL (NOW HIRING)

WHO WE ARE
We are PEAK6, a leading investment firm, using technology to find a better way of doing things. The company's first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses. PEAK6's core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, FOCUS, We Insure, Evil Geniuses, Poker Power, Zogo, and Bruce Markets.
ABOUT THIS ROLE
PEAK6 Payroll Team Lead
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 be the go-to subject matter expert who sets the standard for quality, drives process excellence, and partners 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.
You'll be responsible for:
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 - we love to eliminate manual work
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 NetSuite or similar general ledger systems a plus
• Strong analytical skills with proficiency in Microsoft Excel and the ability to build and interpret payroll reports
• A 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
OUR REWARDS
We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. As a hybrid workforce, we offer our employees the ability to work remotely up to two days a week.
Base pay offered may vary depending on job-related knowledge, skills, experience, and office location. This position also may be eligible for a discretionary annual bonus in addition to a range of health & wellness benefits, enhancing your overall compensation package.
Base Salary Range
$79,000-$98,750
PEAK6 is proud to be 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. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.
PEAK6 is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please contact our HR department at hr@peak6.com. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.
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