Accounting Associate II
Accounting Associate II
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$ 60000 - 90000
1 Vacancy
Job Description
At Freddie Mac our mission of Making Home Possible is what motivates us and its at the core of everything we do. Since our charter in 1970 we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
We provide support to our customers processing accounts receivables and corporate payment instructions. The team supports accounts receivable processing for several Freddie Mac business lines including check processing for the entire corporation. We ensure timely counterparty payment instructions processing in accordance with corporate guidelines to mitigate fraud and ensure accurate entries.
Our Impact:
Our teams main responsibility is posting cash receipts for several Single-Family and one Multifamily business lines. In addition the team is responsible for business-to-business collection activities to maintain an industry leading low balance of aging receivables.
Other work includes accurate and timely processing of customers payment instructions researching external and internal customer payment questions and ensuring compliance with the Guide and ACH compliance. Help to strengthen working relationships between internal and external partners. We review and recommend solutions to support workflow improvement process inefficiencies provide continuous oversight of internal/external workflows and systems to support operational efficiency.
Your Impact:
In this role you will be the responsible for business to business collection activities processing of accounts receivables and corporate payment instructions for our customers. You will collaborate with internal and external business partners to address/resolve issues and escalations. This role will give you opportunities to broaden your business competence while being part of an inclusive team targeting to deliver the following:
Post customer payments to the appropriate accounts and reconcile transactions
Contact clients via phone email and written correspondence to collect outstanding payments in a professional and courteous manner
Maintain detailed and organized records of collections activities and communications.
Setup and maintain payment instructions for customers by verifying bank account t details and validate payment information to ensure accuracy and prevent errors or fraud
Maintain internal controls and update records as necessary to ensure proper audit trails.
Qualifications:
College degree or equivalent experience preferred.
1 - 2 years related experience
Experience with business-to-business collection activities
Analytical experience ability to research issues and provide analysis on trends etc.
Process oriented ability to work with in highly controlled and defined processes to ensure control compliance and execution.
Strong communications candidate will be working with business partners at Freddie lenders and customers to resolve issues.
Excellent verbal and written communication skills; customer-facing communication experience
Ability to draw conclusions by analyzing large amounts of information.
Keys to Success in this Role:
Be Mission Focused (Make Home Possible)
Deliver Results
Be Curious
Be Customer Focused
Be Innovative and Courageous
Be Analytical and Think Critically
Be Adaptable and Adopt Change
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender race color religion national origin age marital status veteran status sexual orientation gender identity/expression physical and mental disability pregnancy ethnicity genetic information or any other protected categories under applicable federal state or local laws. We will ensure that individuals 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.
A safe and secure environment is critical to Freddie Macs business. This includes employee commitment to our acceptable use policy applying a vigilance-first approach to work supporting regulatory mandates and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
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 and register with our referral code: MAC.
Time-type:Full timeFLSA Status:Non-ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $60000 - $90000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position experience skill set internal pay equity and other relevant qualifications of the applicant.Required Experience:
IC
Employment Type
Full-Time
