Campus - Accounting Associate (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 will 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.

Job Description

WHAT WE OFFER 

As an Accounting 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 IMPACT YOU WILL MAKE 

The Controller’s division at Fannie Mae 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.  

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 have the opportunity to support accounting functions in accounting, reporting, controls, and strategic project work.   
 
The Day-to-Day 

The Accounting Associate role will offer 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    

As a full-time associate, you will have the opportunity to be part of First Year Forward (FYF), an immersive experience designed to complement your on-the-job training.  FYF will help you gain exposure to our business and provide networking opportunities during your first 12 months and beyond. While in your new role, First Year Forward will empower you to succeed through:   

• Professional development and training    
• Networking and community-building experiences     
• Developing industry knowledge   
• Access to an online portal for information sharing and career development tools   

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 2022 and May 2023  

Preferred Qualifications  

• Accounting or Management Information System majors are preferred  
• Strong analytical background  
• Demonstrated leadership capabilities and the ability to contribute positively to a team atmosphere  
• Self-starter, strong business acumen, attention to detail and results focused  
• Superior communication skills, both oral and written  
• Fluency and aptitude with technology applications  

Additional Information

Fannie Mae is primarily a hybrid company. We embrace flexibility for our employees while providing office space for in-person work and collaboration. This role is classified as Hybrid. If you speak with a Recruiter, they will provide