Walker & Dunlop, Inc.

Payroll Specialist

Posted on: 4 Apr 2025

Bethesda, MD

Job Description

We are Walker & Dunlop.  We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.

Department Overview

Our Accounting department keeps the official books and records of the company, publishes financial statements and compliance documents, and provides analyses and tools to company leaders to make the best business decisions. The department is made up of several groups who work together to complete all accounting functions including Loan Accounting, Accounts Payable, Payroll, Financial Reporting, Corporate Taxes, Special Initiatives, and Financial Reporting & Analysis.

The Impact You Will Have                                              

The Payroll Specialist will be responsible for processing payroll and ensuring efficient delivery of accurate payroll data. The individual will engage in all aspects of the payroll process using the Workday system and will work with other staff to carry out these responsibilities. The Payroll Specialist will assist with the entire payroll process, timely recording of payroll accounting entries, and addressing employees’ questions related to payroll.

Primary Responsibilities 

Monitor Payroll processing in compliance with applicable rules and regulations

Develop a strong relationship and collaborate with the HR department to ensure seamless communication between the two teams

Prepare and/or review payroll previews and ensure accurate payroll data 

Assist with the audit and reconciliation process of personnel and payroll documents, as well as state and local tax requirements

Assist with payroll reports as needed (e.g., W-2s, Worker’s Comp, benefit plan, and 401(k)) 

Monitor and update Payroll information and resources on the company’s intranet and Workday 

Assist with the Time & Attendance process and send communications as appropriate

Assist with all Payroll related journal entries including stock options, 401K, taxes, benefits 

Assist with payroll related account reconciliation preparation including benefit accounts

Assist with payroll reconciliations to ensure compliance for HSA, 401K, and any other compensation items

Monitor company’s payroll mailbox and address payroll related questions for employees

Train employees on key payroll processes as needed and perform other duties as assigned

Attendance is generally 8:30 am – 5:30 pm EST Monday through Friday with the ability to work up to 2 of those days remotely

Education and Experience 

Bachelor’s degree strongly preferred 

1 plus year(s) of payroll processing experience with payroll tax knowledge preferred 

Experience with Workday strongly preferred 

Experience in a mid-sized financial services/real estate company preferred 

CPP designation preferred

Knowledge, Skills, and Abilities 

Ability to manage information that is highly sensitive and confidential

Basic understanding of Payroll Tax Laws and Regulations

Understanding of key financial reports, including income statements, cash flow statements and balance sheets

Excellent communication skills (verbal and written) and attention to detail

Advance knowledge of MS Excel

Strong analytical skills

Demonstrates team player mentality, interacting well within a team environment

Ability to multi-task and work under pressure

Takes initiative and identifies new ways to approach existing processes, maintains an ownership approach to problem-solving, and regularly goes above and beyond role

Ability to show ownership of your work, take on challenges and acknowledge growth

opportunities, and demonstrate patience when learning new processes

Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders

This position has an estimated base salary of $60,000 - $65,000 plus discretionary bonus. An employment offer is based on the applicant’s relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data.

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What We Offer? 

The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023 

Comprehensive benefit options* that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include:
  - Up to 83% subsidized medical payroll deductions
  - Competitive dental and vision benefits
  - 401(k) + match
  - Pre-tax transit and commuting benefits
  - A robust health and wellness program – earn cash rewards and gain access to resources that
    promote health, engagement, and balance
  - Paid maternity and parental leave, as well as other family paid leave programs
  - Company-paid life, short and long-term disability insurance
  - Health Savings Account and Healthcare and Dependent Care Flexible Spending 

Career development opportunities 

Empowerment and encouragement to give back – volunteer hours and donation matching 

 
*Eligibility may vary based on average number of hours worked 

Walker & Dunlop, Inc.

Bethesda, MD

Walker & Dunlop strives to be the premier commercial real estate finance company in the country by providing financing solutions and investment sales to owners of multifamily and commercial properties. As one of the largest providers of commercial real estate finance, we offer deep industry knowledge, an unparalleled team of finance professionals, broad market coverage and excellent customer service – all inside a public company with a family company culture. With Walker & Dunlop, clients receive a “boutique” level of service, but with all the same resources of a large lending platform. We have over 1,000 professionals located in 41 offices throughout the United States dedicated to providing our clients with the best financing available.

Our comprehensive suite of financing solutions allows us to originate loans for our own balance sheet, and investment partnerships, or for sale to Fannie Mae, Freddie Mac, HUD, life insurance companies, banks and CMBS providers. Our financing expertise, scaled lending platform and unyielding commitment to client satisfaction make Walker & Dunlop a great choice for your commercial real estate financing needs.

Specialties

commercial real estate financing, apartment financing, manufactured housing financing, healthcare financing, student housing financing, Fannie Mae, Freddie Mac, HUD, Bridge Loans, Life Company, Investment Sales, and commercial real estate

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