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The Payroll Advisor role at Fannie Mae involves advising the Payroll team on the full-cycle processing of U.S. bi-weekly payroll. This position focuses on ensuring accurate and timely payroll data entry in the Workday Payroll system, providing excellent customer service to employees regarding payroll inquiries, and managing special projects as needed. The role emphasizes compliance with federal, state, and local regulations while recommending process improvements to enhance payroll efficiency.