Financial Reporting Accountant

Posted 17 Days Ago
Be an Early Applicant
McLean, VA
75K-113K Annually
Mid level
Financial Services
The Role
The Financial Reporting Accountant prepares FHFA Call Reports and assists with the monthly close process, involving financial statement preparation and reporting.
Summary Generated by Built In

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 Internal Reporting group within Corporate Accounting is seeking a Financial Reporting Accountant to assist with preparing FHFA Call Reports and the monthly close process. The preparation of Call Reports requires extensive use of PeopleSoft nVision financial layouts, PeopleSoft queries, Hyperion, and wDesk. The close process includes financial statement preparation and review, and subsequent reporting to both internal and external audiences.

Our Impact:

  • We are responsible for preparing, completing and submitting numerous Call Reports to FHFA on both a monthly and quarterly cadence

  • We routinely interact with FHFA to answer questions and create or modify Call Reports

  • We are responsible for the monthly General Ledger close process, including closing the ledger and running financial statements

Your Impact:

  • Prepare monthly and quarterly call reports for submission to FHFA, and assist with the change management process for these reports

  • Research Call Report questions from FHFA, including working with business areas that provide related Call Report data

  • Prepare our recurring monthly internal financial reports, including assisting with the preparation of the Monthly Volume Summary

  • Assist with the change management process and User Acceptance Testing of our financial layouts

  • Cross-train on other team responsibilities including the monthly account reconciliation (“ARMR”) process and prepare other required regulatory reports

Qualifications:

  • 2 – 5 years of experience in an accounting or financial reporting position

  • Bachelor’s degree in accounting or finance

  • Familiarity with one or more general ledger and financial reporting tools

Keys to Success in this Role:

The preferred candidate should have a strong interest in learning and understanding the underlying accounting concepts that support our financial reporting. In this position, you should have strong analytical skills, a desire to enhance your technical skills, be highly organized, possess strong communication skills, meet or beat deliverable deadlines, and be able to run multiple projects at the same time. We are looking for somebody that will grow their influence and responsibilities with limited guidance.

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.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

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.

Top Skills

Hyperion
Peoplesoft
Peoplesoft Nvision
Wdesk
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The Company
HQ: McLean, VA
9,809 Employees
On-site Workplace
Year Founded: 1970

What We Do

Freddie Mac is serving America’s homebuyers, homeowners and renters by financing the creation and preservation of more affordable homeownership and rental opportunities, providing liquidity, stability and affordability to the housing market. We are Making Home Possible for families across the nation.

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