At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
Freddie Mac is looking for a Senior Director to join its Accounting Policy and External Reporting group! The Senior Director will lead accounting policy development for certain business units and will also be responsible for certain external reporting functions related to quarterly and annual SEC filings.
Our Impact:
The Accounting Policy and External Reporting group is responsible for developing Freddie Mac's accounting policies for significant transactions, monitoring emerging accounting issues and proposed rule changes, and preparing quarterly and annual SEC filings. This team is part of the Corporate Accounting and Analysis department, which is responsible for leading corporate financial reporting and analysis functions, including financial reporting, accounting policy, tax and regulatory reporting, risk oversight, and Sarbanes-Oxley (SOX) and internal controls compliance.
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Your Impact:
- Lead accounting policy development for accounting topics impacting Freddie Mac's business units. Provide expert advice and accounting guidance for technical accounting issues related to new, unusual, significant, and/or complex transactions and products.
- Monitor and analyze emerging accounting issues and proposed rule changes, assisting in implementation of new requirements across affected business areas.
- Lead development of technical accounting positions for emerging accounting issues and other regulatory changes.
- Prepare and revise accounting policies and procedures to reflect new accounting pronouncements or guidance, to improve clarity, and to respond to changing circumstances.
- Lead certain external financial reporting efforts for quarterly and annual SEC filings.
- Work closely with business areas and other divisions to create quarterly and annual financial reports and disclosures and to understand and clearly explain business results.
- Ensure consistency and compliance of quarterly and annual financial reports and disclosures with accounting policies, U.S. GAAP, and SEC rules and regulations.
- Regularly communicate Freddie Mac's positions on technical accounting topics with key internal and external team members.
Qualifications:
- 12+ years of experience in accounting at a large financial institution or similar firm, including 4+ years of management experience
- Bachelor's or master's degree in Accounting or Finance
- CPA
- Extensive knowledge of GAAP related to accounting for financial instruments
Keys to Success in this Role:
- Excellent verbal and written communication skills
- Ability to work with and collaborate across the team and different business units
- Creative thinking and problem solving
- Strong attention to detail
Current Freddie Mac employees please apply through the internal career site.
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $206,000 - $308,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.