Payroll Associate

OppFi
Chicago, IL Full Time
POSTED ON 11/16/2021 CLOSED ON 1/14/2022

What are the responsibilities and job description for the Payroll Associate position at OppFi?

Helping the Everyday Consumer Build Financial Health 

OppFi is a leading financial technology platform that powers banks to help the everyday consumer gain access to credit. Through our unwavering commitment to customer service, OppFi helps consumers who are turned away by traditional providers build a better financial path. OppFi is an Inc. 5000 company for five straight years, a Deloitte's Technology Fast 500™, and the seventh fastest-growing Chicagoland company by Crain's Chicago Business. The company was also named on Forbes America 2021 list of America's Best Startup Employers and Built In's 2021 Best Places to Work in Chicago. We welcome individuals to join us in facilitating financial inclusion and credit access for everyday consumers to live the life they deserve.

OppFi is a team of caring, innovative, and inclusive individuals with diverse perspectives and backgrounds. Our employees approach every new challenge with an unparalleled ability to see what could be rather than settle for what is. We want people to be excited to come to work every day and know you are a part of making a difference. Our company values guide us and create an open and collaborative culture where we hold the door, say what we see, do what we say, and dare to win together!

What you get to do: 

The Payroll Associate will fully own the end-to-end biweekly payroll process. They will work with our Total Rewards & HRIS and People Operations teams to gather all of the needed data and ensure that it is accurately reflected in our system and in each payroll cycle. The Payroll Associate will also own communication to and from Payroll inbox, answering employee questions and working with external parties as needed.

  • Process regular biweekly payroll for ~600 exempt and nonexempt employees (and growing!), distributed across over 30 states, and select planned and unplanned off-cycle payrolls
  • Enter deduction changes in payroll system, including (but not limited to) weekly 401(k) deferral changes, ESPP deferral changes, and wage assignments
  • Partner with Total Rewards & HRIS team on ensuring that all system changes (new hires, terminations, relocations, pay rate adjustments, etc.) are up-to-date and accurate before opening payrolls
  • Manage Payroll email inbox, including answering employee questions and communicating with external parties
  • Enter new hires, terminations, and department and manager change in expense management platform and accompanying JIRA tickets
  • Complete all applicable state employment/SUI tax registrations
  • Manage all payroll-related content on company intranet site, creating new content (paycheck education for employees) and updating existing content
  • Research tax notices received from federal, state, and local agencies
  • Calculation process automation in payroll system
  • Compile materials for annual 401(k) and financial audits
  • Compile and maintain all payroll records, including all biweekly payroll information, quarterly and year-end documentation, and ad-hoc payroll reporting

What you will bring to the team:

  • 2 years experience in full-cycle, multi-state payroll processing
  • FPC or CPP credential preferred but not required
  • Proficient in Microsoft Excel with comfort using advanced functions, including v-lookups, pivot tables, and ifs/sumifs
  • Experience working in UKG or similar payroll/HRIS solution systems (we currently use UKG)
  • Experience registering in state and local tax jurisdictions

Reports to: Payroll Lead

Job Level: Associate

The minimum salary for this role is $53,000. The total compensation package includes eligibility for performance-based bonuses as well as a 1-time equity grant based on level.

The actual offer, reflecting the total compensation package and benefits, will be at the company’s sole discretion, and determined by a myriad of factors including, but not limited to, years of experience, depth of experience, and other relevant business considerations.

Define your career at OppFi

OppFi is committed to providing an exceptional employee experience from Day 1. Key new hire programs include Day 1 Orientation, training with your manager and team, lunches with our CEO and President, and an educational summit featuring presentations by our senior leaders. Throughout and beyond your first-year journey, you'll have access to a variety of events focused on culture, inclusion, connection, and education. We want you to feel welcomed, informed, and valued for who you are and what you bring to our company.

  • Day 1 - Month 3: Define Your Mission
    You’ll understand our company mission, values, and vision, and how your position at OppFi plays a part in that. With the help of your manager, you’ll set mission-aligned goals to make an impact in your role.
  • Months 3 - 6: Define Your Belonging
    You’ll understand OppFi’s culture and know how to engage with and influence that culture.
  • Months 6 - 12: Define Your Journey
    You’ll feel confident in your ability to execute in your role and empowered to take next steps in developing your career at OppFi.

Compensation and Benefits

OppFi offers a flexible remote environment, 401(k) matching program, and flexible paid vacation. Other benefits include medical benefits, dental and vision coverage, and tuition reimbursement. To support your wellness & growth, we provide monthly meditation and yoga classes and access to all LinkedIn Learning courses. We also offer Fringe, which is a lifestyle benefits platform that lets you decide how you want to spend your rewards from dozens of vendors like Uber, Doordash and Urban Sitter. Dress code is casual. 

EEOC Statement: 

OppFi is an equal opportunity employer and does not discriminate based on any actual or perceived legally recognized protected bases under local, state, or federal law or regulations. Our goal as a company is to build an equitable workplace that actively works to dismantle systems of oppression in our processes, procedures, and interactions. We aim to help our employees thrive where they work and beyond. Check out our Culture page here.

OppFi is committed to the full inclusion of all qualified individuals. As part of this commitment, OppFi will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact our People team at recruiting@oppfi.com

Pursuant to the requirements of the California Consumer Privacy Act, OppFi is providing the "OppFi California Employee Privacy Policy", which details the categories of personal information collected and your rights under the policy. If you are a California resident, please review the policy here: https://www.oppfi.com/careers/

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