Senior Payroll Analyst — Multi-State & Compliance

The Fannie Mae; Washington (District of Columbia); On-site; USD 85,000 - 110,000; Full time

Job summary

Fannie Mae is seeking a Payroll Senior Associate to join the Finance Shared Services - Accounting team in a full-time on-site role. You will support U.S.

payroll processing, ensuring accuracy and compliance across a multi-state workforce, while collaborating with HR, Benefits, Finance, and vendors. The ideal candidate has 2+ years of full-cycle payroll experience, solid Excel skills, and a proactive approach to resolving issues and improving processes.

Qualifications

• 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.
• Proficiency in Microsoft Excel, including Pivot Tables, XLOOKUP/VLOOKUP, and data analysis techniques.
• Excellent communication and customer service skills.
• Willingness to learn and apply new technologies, including AI.

Responsibilities

• Support the processing of U.S. payrolls in accordance with schedules and service level expectations.
• Review payroll transactions for accuracy including earnings, deductions, taxes, garnishments, and leave-related impacts.
• Research and resolve payroll issues with employees, HR, Benefits, Finance, and vendors.
• Assist with payroll balancing, audits, reconciliations, and validation processes.
• 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 efficiency.
• Maintain payroll documentation and contribute to knowledge sharing within the team.
• Participate in testing, projects, system enhancements, and continuous improvement initiatives.

Skills

Full-cycle payroll

Multi-state payroll

Payroll concepts

Excel (Pivot Tables, XLOOKUP)

Communication skills

Problem solving

Learning new tech (AI)

Analytical skills

Education

Bachelor's degree or equivalent

CPP (progress toward)

Tools

Workday Payroll

Job description

Fannie Mae is seeking a Payroll Senior Associate to join the Finance Shared Services - Accounting team in a full-time on-site role. You will support U.S.

payroll processing, ensuring accuracy and compliance across a multi-state workforce, while collaborating with HR, Benefits, Finance, and vendors. The ideal candidate has 2+ years of full-cycle payroll experience, solid Excel skills, and a proactive approach to resolving issues and improving processes.