Finance SOX Auditor

Freddie Mac
McLean, VA
Aug 15, 2019
Aug 23, 2019
Audit and Tax
Full Time
The Finance Risk and Controls Testing team is seeking a highly motivated professional to join our growing team. As a member, you are responsible for auditing the internal controls over financial reporting to ensure compliance with the Sarbanes-Oxley Act. Our testing covers business segments: Multifamily, Single Family and Investments & Capital Markets. The assessments cover a combination of process & entity level controls, and controls within accounting and operational processes that collectively provide comfort over financial reporting at Freddie Mac.

The main areas of focus include processes such as Financial Reporting, Hedge Accounting, Investment Accounting, Debt and Derivative Accounting, Underwriting, Loan Accounting, Allowance for Loan Loss, Valuation, Loan Underwriting and Segment Governance.

Your Work Falls Into the Following Three Categories:

Audit Planning & Testing
*Perform walkthroughs of the key processes and obtain in depth understanding of the risks over financial statements and related disclosures
*Perform design and operating effectiveness assessments of the controls over financial statements and related disclosures
*Document accurate, logical, and detailed workpapers clearly describing the tests, result of work performed, and conclusions reached
*Identify deficiencies in the control design and operating effectiveness
*Lead meetings and communicate assessment/audit findings with business area
*Provide status reporting to management on the status of SOX controls and issues identified.

Knowledge of Industry Standards
*Maintain a current understanding of Sarbanes-Oxley legislation, PCAOB Standards, and other relevant guidance issued regarding Section 404 including Generally Accepted Accounting Principles.

Client/Relationship Management
*Manage positive and collaborative relationships with the business area team members and management, and with external auditors


  • Typically has 2 to 4 years of experience, including previous experience in public accounting, risk management or internal audit; other relevant experience may be considered.
  • A strong technical knowledge of Generally Accepted Accounting Principles, Generally Accepted Auditing Standards and Sarbanes Oxley/Internal Controls
  • Bachelor's degree in Accounting, Finance or related discipline or equivalent experience.
  • CPA and/or CIA certification preferred
  • Strong data analytics skill using the latest tools.
  • Proficiency in audit methodology and risk/controls assessments.
  • Demonstrated ability to effectively prioritize tasks/projects.
  • Demonstrated ability to build professional relationship and rapport with clients.
  • Demonstrated ability to work in a team environment.
  • Strong written and verbal communication skills.
  • Understanding of the financial services industry and the secondary mortgage market

Keys to Success in This Role:
  • Solid understanding of technical accounting, financial reporting and valuation of complex financial instruments.
  • Ability to take complex subjects and make it simple
  • Ability to effectively manage multiple tasks and deadlines
  • Self-motivated and takes pride in the results of their efforts

Top Three Personal Competencies to Possess:
  • Leadership: Demonstrates self-motivation
  • Drive for Execution: Completes work in a timely fashion and maintains clear, concise, and complete workpapers
  • Growth and Development: Develop the team (and help others) to be better contributors and leaders

Preferred Skills

Preferred Skills
  • Financial Services Experience
  • CPA and/or CIA certification
  • Big 4 financial services audit experience

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.