Accounting Policy and External Reporting Senior Director (Hybrid - 3 Days in Office)

$206,000 - $308,000/Yr

Freddie Mac - McLean, VA

Full-time - Senior

McLean, VA

Credit Intermediation and Related Activities

About the position

Freddie Mac is seeking a Senior Director to join its Accounting Policy and External Reporting group. This role involves leading the development of accounting policies for various business units and overseeing external reporting functions related to SEC filings. The Senior Director will play a crucial role in ensuring compliance with accounting standards and regulations while contributing to the overall mission of making homeownership and rental housing more accessible and affordable across the nation.

Responsibilities

• Lead accounting policy development for accounting topics impacting Freddie Mac's business units.
• Provide expert advice and accounting guidance for technical accounting issues related to new, unusual, significant, and/or complex transactions and products.
• Monitor and analyze emerging accounting issues and proposed rule changes, assisting in implementation of new requirements across affected business areas.
• Lead development of technical accounting positions for emerging accounting issues and other regulatory changes.
• Prepare and revise accounting policies and procedures to reflect new accounting pronouncements or guidance, to improve clarity, and to respond to changing circumstances.
• Lead certain external financial reporting efforts for quarterly and annual SEC filings.
• Work closely with business areas and other divisions to create quarterly and annual financial reports and disclosures and to understand and clearly explain business results.
• Ensure consistency and compliance of quarterly and annual financial reports and disclosures with accounting policies, U.S. GAAP, and SEC rules and regulations.
• Regularly communicate Freddie Mac's positions on technical accounting topics with key internal and external team members.

Requirements

• 12+ years of experience in accounting at a large financial institution or similar firm, including 4+ years of management experience.
• Bachelor's or master's degree in Accounting or Finance.
• CPA certification.
• Extensive knowledge of GAAP related to accounting for financial instruments.

Nice-to-haves

• Excellent verbal and written communication skills.
• Ability to work with and collaborate across the team and different business units.
• Creative thinking and problem solving.
• Strong attention to detail.

Benefits

• Competitive compensation
• Market-leading benefit programs
• Annual incentive program