VP, Finance Reporting (Washington) Job at Fannie Mae, Washington DC

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  • Fannie Mae
  • Washington DC

Job Description

Join to apply for the VP, Finance Reporting role at Fannie Mae

At Fannie Mae, 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 a collaborative team thriving in an energizing environment. Here, you will grow your career and help create access to affordable housing finance.

Job Description

The Vice President for Financial Reporting (VPFR) will be responsible for ensuring the accuracy, integrity, and timeliness of the company's financial reports to both internal (executive management, board, etc.) and external (SEC, regulatory, etc.) constituents. The VPFR will be charged with maintaining the company's database of financial information and adding value to management by providing them with standardized reports of the company's financial results. In addition, this individual will oversee and improve the efficiency of the entire accounting close process.

Key Responsibilities

  • Oversee the monthly, quarterly, and annual general ledger closing process ensuring that all required journal entries are timely and well controlled.
  • Increase the efficiency of the closing process to enable the reporting group to meet accelerated deadlines.
  • Compile all financial data and provide supporting detail for internal and external reporting including monthly financial reports to senior management and the Board of Directors, quarterly and annual earnings press releases, regulatory reports, and SEC filings (10-Q and 10-K).
  • Ensure the accuracy and timeliness of internal and external financial reports and develop a resolution process in instances where information is found to be inaccurate.
  • Conduct detailed and comprehensive analyses of the company’s profitability and overall financial performance, and report to management on a regular basis.
  • Participate in the development and maintenance of the company’s reporting systems, providing inputs for detailed business requirements and being involved in testing functionality.
  • Actively participate in the corporate effort to comply with the provisions of Sarbanes-Oxley 404.
  • Manage a team of approximately 30 accounting professionals.
  • Actively participate in the Controller’s Leadership Team to help set direction and prioritization.

Candidate Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field required; CPA designation required.
  • 12+ years of progressive experience in financial reporting at a complex, publicly traded company, at least 7 years in a leadership capacity.
  • Deep understanding of managing quarterly and annual external reporting processes including 10-Qs, 10-Ks, and earnings releases.
  • Experience with various financial systems (e.g., Workday) and governance best practices.
  • Experience interacting with audit teams, external auditors, and other regulatory entities.
  • Strong commitment to developing, retaining, and attracting talent in a fast-paced, complex environment.
  • Proven strong analytical, communication, and executive presentation skills.
  • Preferably experience working at a large, reputable accounting firm.

Target Pay Range: $252,000 - $341,000

Qualifications

Education: The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. Business needs may call for on-site collaboration, which means proximity to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an Equal Opportunity Employer, committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For accommodations in the application process, email us at careers_mailbox@fanniemae.com

Seniority level

  • Executive

Employment type

  • Full-time

Job function

  • Finance and Sales

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Job Tags

Full time, Work at office, Flexible hours,

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