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:
The Finance Division is seeking a Financial Accounting & Analysis professional to be a member of the Single Family Performing Loans, Securitization and Amortization group. This team is responsible for the accounting, financial reporting and analysis of the performing loan and securitization activities and related amortization of basis adjustments. The Financial Accounting & Analysis Professional will be responsible for activities that support the monthly and quarterly accounting close and reporting cycles, the analysis of the related activities, and the support for system enhancement projects.
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Our Impact:
The Single-Family Finance team is responsible for accounting, business decision support for respective business segments, financial results analysis, forecasting, profitability and performance analysis, as well as, planning, budgeting and expense management.
- Our team is responsible for monthly accounting close activities, financial reporting and analysis in the to single family performing loans area
- Ensuring the reliability of financial information disclosed in the 10-Q/10-K and regulatory reporting
- Seeking creative solutions to strengthen internal controls over financial reporting
Your Impact:
- Prepare monthly journal entries in accordance to GAAP and associated monthly accounting reconciliations
- Prepare monthly and quarterly financial reporting disclosures for 10-Q/10-K and regulatory reporting
- Analyze P&L and single-family loan volumes for reasonableness based on market/business drivers
- Validate accuracy of automated accounting transactions, identify issues, and collaborate with stakeholders to determine root cause
- Support the SF segments for ad-hoc research requests to support analytics and reporting
- Support system's changes, process improvements and implementation of new business and accounting transactions
- Assist with support of special ad-hoc projects
Qualifications:
- Minimum of 2 years of related experience
- Bachelor's Degree in Accounting, Finance or equivalent experience
- Strong knowledge of basic accounting principles
- Strong organizational and planning abilities
- Ability to change the thinking of, or gain acceptance from, others in sensitive situations, without damage to relationship
- Ability to effectively interact with other business partners, such as CM business segment, SF servicing operations, and system project management teams
- Excellent oral and written communication skills
- Demonstrated ability to produce results and solve complex problems and work on a team in a challenging environment
- Strong Microsoft Office skills
- Excellent oral and written communication skills
- Preferred experience using PeopleSoft Financials/ Hyperion, SQL querying and/or basic SAS querying
Keys to Success in this Role:
- Self-starter / independent thinker: demonstrate ambition to take on new assignments with limited guidance and direction from management
- Creative and analytical problem-solving ability
- Ability to work in a dynamic, rapidly changing environment and manage multiple tasks
- Team player and willingness to voice opinions
- Ability to collaborate across the team and with the business partners to resolve data/process issues
At Freddie Mac, our inclusive and diverse culture drives our success and makes us a stronger company. Collectively, we are both leaders and collaborators who work together to meet our mission of Making Home Possible for families across the U.S.
Apply now and learn why there's #MoreAtFreddieMac!
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:Non-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 $75,000 - $113,000 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.