Accounting Associate - Campus (Hybrid)

Company Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you’ll have access to continuous learning, grow your career, and help create access to fair, affordable housing finance.

This full-time associate role has a set annual gross base salary of $72,000.00. 

Job Description

As a Controllers Program Associate, you will work with cutting-edge technology on diverse teams that foster innovation and collaboration. We offer an opportunity to receive on-the-job training, gain professional development, and build a wide network of peers, managers, and officers who are experts in their fields.  

The Fannie Mae Controllers Associate Program is a compelling opportunity for recent college graduates to work on the Controllers team within our Finance Division. The team is responsible for all aspects of accounting operations, including the timely and accurate accounting and reporting of Fannie Mae’s loans, mortgage-backed securities, and single-family real estate owned properties, as well as funding and risk management instruments.  Here, you will thrive while working on challenging and impactful accounting assignments.  During the program, you will gain a breadth of experience and skills, and build a wide network of peers, managers, and officers.  

As part of this team, you will engage with highly motivated professionals who seek to continuously learn, grow, and add value to the organization every day.  These are talented professionals like yourself – accountants, as well as financial and economic modelers and analysts who perform related financial functions such as pricing valuations, credit reserves, and forecasts of home prices.  The work is complex, interesting, and will stretch your knowledge of how a robust accounting system handles an immense number of transactions throughout the life of a mortgage loan.  

As a valued colleague on our team, you will receive on-the-job training while taking on responsibility and ownership within the dynamic accounting close cycle. Our comprehensive program provides you with networking events, professional development, and leadership training to help you succeed now and in the future. 

THE IMPACT YOU WILL MAKE 

The Controllers Associate Program offers you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:      

• Partner in assessing operational impacts of key business activities that underly accounting responsibilities.   
• Develop reports to document assets, liabilities, profit and loss, tax liability, and/or other financial activities and results.   
• Gather, document, and maintain financial information from relevant finance and accounting sources.   
• Perform deep analytics and reporting on business and financial information to provide insights to stakeholders, make projections of prospective financial performance and determine appropriate treatment.  
• Interact, collaborate, and problem solve directly with finance and key business partners, including finance, accounting, and legal teams, as well as internal and external auditors.   
• Design and execute accounting and financial operations processes and related controls.  

ADDITIONAL DEVELOPMENT YOU’LL RECEIVE 

First Year Forward   

First Year Forward (FYF) is a 12-month enterprise-wide professional development program for campus hires that builds foundational industry knowledge, understanding of Fannie Mae culture and core skill development while encouraging cross department connections and collaboration. 

Each month we spotlight a specific area of the business and/or set of skills and provide curated learning resources in our employee development portal, an opportunity to attend a workshop or speaker series to strengthen the capability of that skill, and finally, we make every effort to provide a networking opportunity. 

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM 

Minimum Qualifications  

• Be authorized to work in the U.S. without sponsorship  
• Academic achievement (preferred GPA of 3.0 or above)  
• Bachelor’s degree obtained between December 2023 and May 2024 (All Controllers Program Associates will have a start date in July 2024)  

Preferred Qualifications  

• Accounting or Management Information System majors are preferred  
• Strong analytical background  
• Demonstrated leadership capabilities and the ability to contribute positivel