Payroll Senior Associate

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to home ownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

As a valued colleague on our Payroll team, you will support the accurate and timely processing of payroll for a large, multi-state workforce. Working closely with Payroll, HR, Benefits, Finance, and external partners, you will help ensure payroll operations are compliant, efficient, and employee focused.

The ideal candidate brings payroll expertise, a solid understanding of payroll taxation and regulatory requirements, excellent analytical skills, and a passion for delivering exceptional service. Experience with Workday Payroll is preferred but not required.

The Payroll Senior Associate role offers the opportunity to make a meaningful impact while collaborating with a team dedicated to delivering accurate and compliant payroll operations.

• Support the processing of U.S. payrolls in accordance with established schedules and service level expectations.
• Review payroll transactions and validate earnings, deductions, taxes, garnishments, and leave-related payroll impacts for accuracy.
• Research, analyze, and resolve payroll issues and discrepancies by partnering with employees, HR, Benefits, Finance, and third-party vendors.
• Assist with payroll balancing, audits, reconciliations, and payroll validation processes to ensure accuracy and compliance.
• Support payroll tax activities, including tax notice resolution, state registrations, unemployment tax setup, and year-end reporting.
• Assist with year-end payroll processing activities, including W-2 and W-2c review and validation.
• Support administration of wage garnishments and other court-ordered deductions.
• Ensure compliance with federal, state, and local payroll regulations and company policies.
• Identify opportunities to improve payroll processes, controls, and operational efficiency.
• Maintain payroll documentation and contribute to knowledge sharing within the team.
• Protect confidential employee and payroll information with the highest level of integrity and discretion.
• Participate in testing, projects, system enhancements, and continuous improvement initiatives as needed.
• Collaborate with Payroll team members and cross-functional partners to support accurate payroll and workforce data.

• 2+ years of full-cycle payroll experience.
• Experience supporting payroll operations in a multi-state environment.
• Strong understanding of payroll concepts, earnings, deductions, taxes, garnishments, and leave-related payroll processing.
• Experience researching and resolving payroll issues through analysis and problem-solving.
• Proficiency in Microsoft Excel, including Pivot Tables, XLOOKUP/VLOOKUP, and data analysis techniques.
• Strong attention to detail and commitment to accuracy.
• Excellent communication and customer service skills.
• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.

• Experience with Workday Payroll.
• Bachelor's degree or equivalent combination of education and experience.
• Certified Payroll Professional (CPP) designation or progress toward certification.
• Knowledge of federal, state, and local payroll taxation, including multi-state payroll considerations.
• Experience with payroll audits, reconciliations, compliance activities, and payroll controls.
• Experience supporting payroll-related projects, process improvements, or system implementations.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Demonstrated ability to work independently while contributing to a collaborative team environment

Finance Shared Services
- Accounting
- Senior Associate

Target Pay Range: $85,000 - $110,000 a year

Education:

Bachelor's Level Degree (Required)

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For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers…