Investment Accounting Professional

Freddie Mac
McLean, Virginia
Oct 01, 2020
Oct 03, 2020
Full Time
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's Finance division is seeking a Financial Controller Professional to join the Investments and Capital Markets (I&CM) CFO department.

Our Impact:

The Investments and Capital Markets CFO department is responsible for financial accounting and reporting, portfolio risk and profitability analysis, pricing and valuation activities and financial planning & analysis for Freddie Mac's Capital Markets segment. The candidate will perform accounting close cycle execution, and financial results analysis for various investment and debt securities in the I&CM Retained Portfolio. Our team is responsible for the transactional accounting related to trades executed by the I&CM trading desk and the associated commitment accounting.

Your Impact:

In this role, you will play an integral part supporting the financial close for the I&CM CFO department. As a member of the Purchases and Commitments team, you will be responsible for the accounting and analysis related to the purchase of Agency issued UMBS and a variety of structured securitization products. You will also be tasked with supporting the implementation of a new accounting subledger including user acceptance testing and conversion activities.

Baseline Accounting
  • Perform daily/monthly validations reconciling upstream trade data in Aladdin to data in the accounting subledger
  • Research and resolve data or other issues as they arise during the execution of daily or monthly tasks
  • Prepare journal entries and supporting data
  • Perform daily/monthly validations reconciling between the subledger, general ledger and source systems
  • Support SOX documentation requirements
  • Prepare ad-hoc requests when needed
  • Interact and communicate effectively with business and other upstream or downstream partners
  • Proactively seek opportunities for improvements

Financial Reporting
  • Preparing monthly and quarterly analytics reports
  • Prepare quarterly footnotes and disclosures to support public financial reporting

Special Projects, Research & Analysis
  • Support ad-hoc financial analysis requests and special projects
  • Seek accounting or data issues with internal and external partners (change management team, traders or valuation team) in a clear and timely manner
  • Work with project team and implementation partners to resolve issues related to testing and conversion activities
  • Demonstrate ownership of issues/requests and work with the appropriate resources to help facilitate a resolution


  • 2-4 years of GAAP accounting, financial reporting and financial analytics experience
  • Bachelor's degree in Accounting, Finance or related degree
  • Strong data mining and analysis skills (SQL etc.)
  • Intermediate MS Excel and Word skills are required
  • Must have proven communication (both verbal and written) and analytical skills
  • Must be a phenomenal teammate, proactive, and detail oriented
  • Ability to manage multiple tasks and meet deadlines
  • Ability to adjust and adapt to changes in the current process in order to meet management/company's changing needs
  • Investment accounting experience preferred
  • CPA is preferred

Keys to Success in this Role:

  • Self-starter/ ambitious problem solver: demonstrate ambition to tackle new roles with growing responsibility!
  • Passion for constant learning and continual growth
  • Strong problem-solving and critical thinking capabilities
  • Ability to work in a dynamic, constantly evolving business environment
  • Highly organized
  • Proactive thinking

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.

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 and register with our referral code: MAC.

Time-type:Full time

Job Category:Finance

FLSA Status:Non-Exempt