Strategic Incentives Group - Payroll, Associate
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Blackstone’s Payroll Team is seeking a candidate whose responsibilities will include balancing and controlling earnings and deduction totals, reconciling general ledger entries, validating pay registers and other reports, determining, and correcting out-of-balance conditions, reviewing tax reports, and researching and preparing special reports for our partner departments. Additional responsibilities include checking and auditing timekeeping and maintaining time and attendance records.
Candidates should have 4+ years of payroll experience. Candidates are expected to exhibit strong technical and analytical skills as well as exceptional communication skills. Candidates should be self-motivated and team-oriented individuals with innovative ideas and solutions who will thrive in a dynamic environment.
4+ years of U.S. Payroll experience; additional Canada experience preferred
Experience with Ceridian and Workday and other SaaS based payroll systems, in both a self-administered and managed service environment
Experience in the financial services industry is preferred
Familiarity with equity-based compensation is a plus
Strong understanding of bank and balance sheet account reconciliations
Strong technical skills
Excellent analytical and communication skills
Able to multi-task and effectively manage their own time
A collaborative team player that is always willing to partner with colleagues and inter-departmental team members
Strong Excel skills required
Prepare and process payrolls in an accurate, compliant, and timely manner
Act as a subject matter expert and/or resource to others
Understand and perform all phases of the payroll process for US and Canadian payrolls
Process special transactions (e.g., retroactive pay, mid-period increases, and garnishments)
Develop best practices to minimize risk pertaining to payroll tax compliance
Understand and keep abreast of the current tax requirements, including state and federal tax withholdings
Preparation reports requested by Finance, HR, Tax and other departments to use for analytics (includes payroll reports of earnings, deductions, taxes, insurance, leave, 401k, etc.)
Assist with ongoing set up, testing and maintenance of the payroll and timekeeping systems
Research and interpret a variety of complex information in response to inquiries
Recommend or participate in the development of new procedures and policies related to payroll operations; update policy/procedure manuals
Create and maintain Standard Operating Procedures/Checklists and ensure that policies and procedures are being adhered to
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Expected annual base salary range:$85,000 - $130,000
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:
Attending client meetings where you are discussing Blackstone products and/or and client questions;
Marketing Blackstone funds to new or existing clients;
Supervising or training securities licensed employees;
Structuring or creating Blackstone funds/products; and
Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.