Financial Controller Senior

Employer
Freddie Mac
Location
McLean, VA
Salary
Competitive
Posted
Mar 15, 2019
Closes
Mar 15, 2019
Ref
11339BR
Function
Administrative
Hours
Full Time
Are you interested in a role that analyzes financial impacts? If you possess a strong financial aptitude and robust analytical skills, apply to join the Multifamily CFO Business Unit as a Financial Controller Senior and help us further our mission - Right People, Right Role, Right Now. The Multifamily CFO Business unit is responsible for all financial accounting and reporting for the Multifamily Segment in compliance with GAAP and SEC Reporting. This Financial Controller Senior position within the Multifamily CFO group will be responsible for accounting and reporting of Multifamily's Loan Loss Reserves (LLR) and select guarantor securitizations.

Responsibilities include:
*Preparing all baseline journal entries and reconciliations for the Loan Loss Reserve and select guarantor securitizations
*Supporting external 10-K and 10-Q SEC disclosures and regulatory reporting
*Preparing internal segment analytics and other corporate deliverables
*Creating Powerpoint presentations on Loan Loss Reserve/CECL results and explaining variances
*Coordinating quarterly reviews and annual audits with internal and external auditors
*Supporting ongoing control activities including revisions to SOX process flows
*Facilitating technology changes in support of business requirements
*Quickly adapting to changing priorities and new business initiatives
*Managing multiple projects under tight deadlines

Qualifications

*Typically has 5-7 years of experience in financial accounting and analysis
*Bachelor's degree in Accounting or Finance
*Master's degree in Accounting and/or CPA certification
*Relevant primary or secondary mortgage market experience
*Working knowledge of GAAP and SEC disclosure requirements
*Proficiency with Microsoft Office

Keys to success in this role:

*Strong understanding of GAAP including FASB's new financial instruments impairment model ASU 2016-13 based on Current Expected Credit Losses (CECL)
*Strong analytical and problem-solving skills
*Ability to work independently to provide timely and accurate results
*Flexible mindset in supporting other baseline General Ledger accounting functions as needed
*Excellent written and verbal communication skills

Top 3 Personal Competencies to possess:

* Drive for Execution -Focus on real results rather than the appearance of results
* Partnership -Build trust and strong partnership through my own and my team's actions
* Customer Focus -Seek and use data and feedback to enhance customer outcomes

Preferred Skills

*Experience with loan loss reserves and securitization accounting
*Experience testing and implementing financial models and automated accounting systems
*Knowledge of PeopleSoft General Ledger System

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. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.

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