Financial Controller Senior

Freddie Mac   •  

Mc Lean, VA

Industry: Accounting, Finance & Insurance


5 - 7 years

Posted 52 days ago

Are you interested in a role that analyzesfinancial impacts? If you possess a strongfinancial aptitude and robust analytical skills,apply to join the MultifamilyCFO Business Unit as a FinancialController Senior and help us further our mission – Right People, Right Role, Right Now. The MultifamilyCFO Business unit isresponsible for allfinancial accounting andreporting for the Multifamily Segment incompliance withGAAP and SEC Reporting. This FinancialController Senior position within the MultifamilyCFO group will beresponsible for accounting andreporting 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

*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