Payroll Administrator

About Us:

Rent the Runway (RTR)  is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel and accessories from hundreds of brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”

About the Job:

As a Payroll Administrator you will be a member of the Finance team responsible for supporting the payroll department in processing employee pay accurately and on time. This role involves data entry, record maintenance, and assisting with payroll reporting and compliance. You will report to the Senior Director, Payroll and work in partnership with other cross-functional departments to drive accurate results.

What You’ll Do:

• Payroll administrator responsibilities include calculating employee pay, managing deductions (including benefits, garnishments, taxes, etc), and ensuring compliance with tax regulations.
• Requires collaboration with HR, finance & legal teams to maintain accurate payroll records and resolve employee pay issues.
• Attention to detail, strong computer literacy, confidentiality, and up-to-date knowledge of employment law and tax forms, managing tight deadlines, regulatory changes, and sensitive employee data
• Facilitate employee enrollment in benefits and maintain our company’s benefit plans
• Managing electronic timekeeping systems and manually collecting and reviewing timesheets
• Providing information and answering employee questions about payroll-related matters
• Process payroll runs: Calculate and distribute salaries, overtime, bonuses, and other pay accurately and on schedule.
• Maintain payroll records and generate appropriate reports for payroll summaries and reconciliations.
• Support audits: Provide documentation and ensure payroll meets audit and control standards.
• Help with year-end payroll: Issue annual tax forms, reconcile payroll accounts, and assist with year-end close.

About You:

• 1-3 years of payroll experience is preferred
• Basic understanding of payroll or accounting principles.
• Strong attention to detail and accuracy.
• Proficiency with Microsoft Excel.
• Bachelor’s degree in Accounting is preferred
• Excellent organizational and communication skills.
• Ability to maintain confidentiality and handle sensitive information.
• Experience in Workday (or other HRIS system) /payroll processing is preferred
• Familiarity with timekeeping and benefits administration.
• Must be a detail-oriented self-starter
• Knowledge of basic tax and wage laws.
• Strong verbal and written skills for interacting with employees, HR, and finance departments

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:

• Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program  - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
• Exclusive employee subscription and rental discounts -  to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
• 401k match - an investment in your future.
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Office centric work - our corporate employees and technical leaders have the option to work remotely on Fridays, in accordance with Company policies.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

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The anticipated hourly rate for this position is $29 to $35 per hour plus benefits. The actual compensation offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held.