Accountant II

Job Description


Fannie Mae provides reliable, large-scale access to affordable mortgage credit in communities across our nation. We are the leading source of funding for housing in America, which means more people can buy or rent a home. We are focused on sustaining the housing recovery, improving our company, and leading change to make housing better.

Join our diverse, high-performing team and make a difference as we work together to enable access to a good home.

For more information about Fannie Mae, visit



Under limited supervision, compile, consolidate, and analyze accounting and finance information for production of financial reports and statements. Ensure that documentation and process flows are complete, current, and accessible. Perform research and analyses requested by management.


  • Prepare journal entries, reconcile sub-ledgers, and complete extracts for report distribution. Produce monthly, quarterly, and year-end reporting.
  • Reconcile and adjust various general ledger accounts and/or bank statements. Ensure accurate, complete, and timely transaction processing. Bring inconsistencies and problems to the attention of management.
  • Perform moderately complex analyses.
  • Respond to inquiries from internal and external customers.
  • Assist in testing and implementing changes to accounting functions and processes necessary to comply with changes in accounting regulations.
  • Recommend technological enhancements.
  • May serve as point of contact for accounts payable or accounts receivable transactions.
  • May perform moderately complex accounting projects or participate as a team member on more complex projects.
  • Manage workflow to ensure all payroll transactions are processed accurately and timely
  • Reconcile payroll prior to transmission and validate confirmed reports
  • Understand proper taxation of employer paid benefits
  • Process correct garnishment calculations and compliance
  • Execute time (eTime) and attendance processing and interface with payroll
  • Process accurate and timely year-end reporting when necessary (W-2, W-2c)
  • Develop ad hoc financial and operational reporting as needed
  • Process manual checks



  • Bachelors degree or equivalent



  • 2-4 years of related experience  


  • Strong knowledge and expertise in Excel is required
  • Strong attention to detail is required
  • Must have knowledge and demonstrated experience in daily payroll department operations
  • Must be able to work across teams within the organization


As a condition of employment with Fannie Mae, any successful job applicant will be required to successfully complete a background investigation.

Fannie Mae is an Equal Opportunity Employer.

Req ID: 57657