Finance Shared Services - Accounting - Senior Payroll Associate (Flexible Hybrid)

Fannie Mae - Washington, DC

Full-time

Washington, DC

Credit Intermediation and Related Activities

About the position

The Senior Payroll Associate role at Fannie Mae is a critical position within the Finance Shared Services - Accounting team, responsible for the full-cycle processing of U.S. bi-weekly payroll. This role emphasizes accuracy, compliance, and excellent customer service, while also allowing for flexibility in work arrangements. The position involves using Workday software to manage payroll data, resolve discrepancies, and ensure adherence to federal and state regulations.

Responsibilities

• Collect, compile, and enter payroll data using Workday software and ensure information is processed accurately and timely.
• Process U.S. payrolls by established deadlines.
• Resolve payroll discrepancies and errors by investigating, collecting, and analyzing information.
• Upload Garnishments received daily to vendor.
• Reconcile Quarterly tax filings.
• Assist payroll team with new state registrations for State Income tax and Unemployment.
• Assist payroll team in resolution for Federal and State Tax notices.
• Perform Year-end Processing (W-2, W-2c processing).
• Ensure compliance with federal, state, and local regulations and guidelines.
• Recommend new processes to improve performance and efficiency within the payroll function.
• Maintain employee confidence and protect payroll operations by keeping information confidential.
• Assist with special projects as required.

Requirements

• 2 years of experience
• Experience with in-house full cycle payroll processing utilizing Workday.

Nice-to-haves

• Bachelor degree or equivalent
• CPP Certified or candidate
• Comprehensive knowledge of payroll practices and procedures
• Comprehensive knowledge of payroll taxation including local taxes
• Solid understanding of multi-state and federal payroll, tax, and employment laws
• Experience evaluating, analyzing, and resolving unique and complex problems, and recommending solutions
• High-level proficiency with Microsoft Office (especially Excel)
• Excellent oral and written communication skills
• Dedicated attention to detail and accuracy
• Positive attitude with a focus on providing excellent customer service
• Great time management and organization skills
• Motivated self-starter who enjoys working in a fast-paced, dynamic environment