Financial Accounting & Analysis Professional - Freddie Mac : Job Details

Freddie Mac's Finance division is currently seeking a Financial Accounting & Analysis Professional to be part of the Hedge Accounting Group. The Hedge Accounting Group is responsible for managing current five daily hedge processes and implementing future projects to further reduce Company's GAAP volatility and better align GAAP results and economic results. The candidate will be responsible for executing daily controls and developing plans for the implementation of future projects.

Execute control checks to ensure the accurate data moves between various data sources for all Hedge Accounting Programs

Analyze daily Regression and Operation result to ensure the established thresholds are not breached and prepare weekly dashboard delivered to senior management

Assist and support ongoing SOX compliance activities

Support Internal/External Auditor requests and concerns

Design test plans and participate in the UAT for the implementation of future projects and enhancement

Interact with Asset Liability Management Desk within the Investments and Capital Markets division on derivatives that are used in the hedge accounting processes

Assist Senior staff to solve system or data issues in a transparent and timely manner

Typically has minimum 3-5 years of related experience

Bachelor's degree and/or equivalent work experience

Strong analytical and quantitative skills

Excellent verbal and written communication skills

Demonstrated proficiency in MS Excel, PowerPoint and MS Word

Previous accounting experience and/or knowledge in GAAP

Progress towards CFA, CPA, or related certifications

Proficiency in writing queries in SQL preferred

Ability to adapt to changing priorities in support of team needs; flexible

Knowledge of fixed income/interest rate risk management

Self-starter/independent thinker: demonstrated ambition to take on new roles with increasing responsibility with limited guidance and direction from management

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals 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.

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.