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Job of the Day: Fannie Mae Needs a Senior Accountant

Fannie Mae is looking for an Senior Accountant – Debt, Derivatives in their Washington, DC/Metro location.

The position requires a minimum of six years experience, with exposure to FASB 52, 91, 133, 155, 157, 159 a plus.


Company: Fannie Mae

Title: Sr. Accountant – Debt, Derivatives

Location: Washington, DC/Metro

Description: Operate with considerable latitude in performing highly complex duties related to preparing and analyzing financial information to record transactions, prepare financial reports, and review and verify accuracy. Provide value-added expertise to consultants, auditors, and others in development of new concepts, techniques, and standards. Utilize wide-ranging experience to conduct research and problem-solving. May operate in a lead role within the team.

Responsibilities: Compile, review, analyze, and record financial information to the general ledger; Complete monthly closings; Prepare balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports; Prepare daily, weekly, and monthly reconciliations to ensure general ledger account information is accurate, consistent, traceable, and auditable; Execute and manage timely and accurate transactions; Identify control weaknesses, communicate to management, and operate in a lead capacity in making remedial changes to tighten and enhance controls and mitigate risk; Design and produce reports; Conduct research and analyses on highly complex issues. Devise creative and effective solutions; Provide requested information to auditors, consultants, and others on highly significant matters requiring coordination; Design, modify, install, and/or maintain accounting systems to ensure adequate recognition of financial transactions; May perform highly complex projects or participate as a team member on projects at the highest level of complexity.

Qualifications/Skills: Bachelor’s Degree or Equivalent required; 6-8 years; CPA preferred; Knowledge of financial instruments (debt, derivatives, short term investments) and/or familiarity with financial statements of financial services companies; Knowledge of any of FASB 52, 91, 133, 155, 157, 159 a plus.

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