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Accounting Policy Spec II Job Details

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Accounting Policy Spec II (Ref: 29476)
Sector, Sub Sector: Other
Compliance Type: Regulatory/Compliance
Expertise: -
Company: Fannie Mae
Location: Washington , District Of Columbia Americas, United States
Employment Type: Permanent
Job Description:

THE COMPANY



Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Today, our focus is on preventing foreclosures, making mortgages and rental housing as affordable as possible, and supporting the housing recovery. We are rapidly building and realigning our company to better serve the market as we support the Administration's Homeowner Affordability and Stability Plan.



Join our dedicated, diverse, high-performing workforce and put your unique talents to good use as we work with our partners to advance our nation's housing recovery.



For more information about Fannie Mae and our career opportunities, visit www.fanniemae.com.



JOB INFORMATION



Operate with considerable latitude in performing highly complex duties related to researching, drafting, and reviewing accounting policy and supporting systems related to several areas or one complex area of accounting activity. Coordinate with and respond to consultants, auditors, and other stakeholders. Contribute to special projects. May operate in a lead role within the team. Train staff.



KEY JOB FUNCTIONS




  • Map laws and regulations to the firm's policies, policies to procedures, and procedures to controls to ensure transparency for investors and regulators.

  • Document processes, develop corresponding narratives and risk control matrices, test operating effectiveness, perform remediation as needed, and monitor overall compliance.

  • Prepare and review SEC and other external reporting relating to assigned areas. Ensure accuracy and completeness. Respond to comments.

  • Write business requirements for new systems, provide accounting direction on systems development, and prepare and participate in testing.

  • Review accounting entries to ensure alignment of operational results and supporting documentation.

  • Design and produce reports.

  • Conduct research and analyses.

  • Deliver presentations.

  • May perform highly complex projects or participate as a team member on projects at the highest level of technical complexity.

EDUCATION



  • Bachelor's Degree or equivalent required


MINIMUM EXPERIENCE



  • 4-6 years of related experience


SPECIALIZED KNOWLEDGE & SKILLS




  • CPA required.



  • 5-7 years of public accounting experience preferred.



  • Experience in the interpretation of SFAS 91, SFAS 115, SFAS 131 and SFAS 133.



  • Experience with applying GAAP to financial transactions.                                             



EMPLOYMENT               



As a condition of employment with Fannie Mae, any successful job applicant will be required to pass a pre-employment drug screen and to successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.


 


Fannie Mae is an Equal Opportunity Employer.
Job Ref No: 29476