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Finance Lead

McLean, VA

At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.


Employees, contingent workers and visitors are no longer required to show proof of vaccination to be on-site. Effective January 2023, Freddie Mac’s hybrid work arrangement is 3 days in the office (specifically Tuesday, Wednesday & Thursday).


We are seeking a top candidate for a senior leadership role on the Finance team that supports the Enterprise Operations and Technology (EO&T) team. This leader will be responsible for partnering with the EO&T organization to manage spend while delivering outstanding technology services. They will support business unit transparency to enable consumption awareness and management of IT services. This person will be a role model within the team and promote a culture of engagement and accountability.


Our Impact:

The organization is responsible for partnering with the EO&T organization to provide technology services for the company. They provide guidance and control over capital expenditures within the Division. They facilitate the annual planning process and the ongoing governance process. They provide regular reporting and analysis to ensure proactive management of technology spend. They support the decision-making process on new products and services and promote a culture of fiscal responsibility. They provide transparency of IT spend on services to the business units to enable them to be fiscally responsible consumers of IT services.


Your Impact:

  • Develop EO+T division annual budget and financial operating plans. Integrate standard setting and common practices within the division, which support the division to tackle business issues and unique planning and budgeting needs
  • Develop analysis and provide insight into budget and spend activity, including recommendations to improve operating efficiency
  • Support all governance functions by establishing financial guidelines and controls to ensure transparent decision making and ongoing monitoring of performance against plans
  • Produce meaningful and timely management reports of actual versus expected results, interpretive analysis, for the purpose of assessing performance and directing business strategies
  • Develop relevant financial forecasts accompanied by related driver analysis and assumptions in the support of the business
  • Expand and maintain Total Cost of Ownership (TCO) model for the Division and at the corporate level, providing a simplified clarity and transparency to the business lines into the cost to support their business via Bill of IT
  • Ensure appropriate application of all accounting policies and ensure GAAP compliant financial statements
  • Establish financial processes and controls for new products as they are developed. Work with regulators, external auditors, and internal auditors, as required


Qualifications:

  • Minimum of 15 years of proven experience
  • 4 - 8 years of management experience
  • Bachelor's degree in Accounting, Finance, Business Administration, or related field; or an equivalent combination of education and experience from which comparable knowledge and skills were acquired
  • Strong verbal/written communication and social skills
  • Strong analytical and reporting capabilities with functional expertise and knowledge in planning, reporting, budgeting, analytics and/or expense management
  • Experience leading and developing teams within a dynamic and sophisticated environment
  • Demonstrated strong leadership skills in leading and building cross-divisional relationships that enable operational execution of the highest priorities
  • Demonstrated knowledge and insights on technology business management structure (TBM) and Infrastructure as a service gained by prior experience in a managerial role within an IT finance group or division
  • Proven results improving processes and driving cost savings initiatives
  • Experience building, developing, and mentoring teams


Keys to Success in this Role:

  • Leadership of the team with a focus on engagement, growth and development
  • Proactive financial leadership to help drive informed decisions
  • Maintenance of a persistent structure of costs to enable transparency and understanding over time
  • The ability to understand and explain to leaders complex financial situations
  • The ability to cultivate positive and strong relationships and partner with business leaders and senior executives throughout the corporation


Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.


We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.


Time-type:Full timeJob Category:FinanceFLSA Status:ExemptThe anticipated annualized base salary range for this position is $192,000 to $288,000 and is eligible to participate in the annual incentive program.

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