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Internship

Campus – Accounting Program Intern

Flexible Hybrid

Posted on 8/16/2024

Fannie Mae

10,001+ employees

Facilitates affordable housing through mortgage financing

Social Impact

Financial Services

No H1B Sponsorship

Washington, DC, USA

Flexible hybrid role.

Category

Financial Accounting

Tax Accounting

Financial Analysis

Accounting

Required Skills

Financial analysis

Data Analysis

Requirements

Be authorized to work in the U.S. without sponsorship
Academic Achievement (preferred GPA of 3.0 or above)
Accounting major or minor in Bachelor’s and/or Master’s degree
Rising senior enrolled in a bachelor's degree program (2026 graduation date) OR graduating seniors planning to enter 5th year Master’s/CPA program
Strong analytical background
Demonstrated leadership capabilities and the ability to contribute to a team atmosphere
Self-starter, strong business acumen, and results focused
Superior communication skills, both oral and written
Fluency and aptitude with technology applications

Responsibilities

Execute accounting and financial operations processes and related controls.
Analyze accounting results using reports to explain 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 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.

Job Description

With Fannie Mae’s 10-week (June 2025 - August 2025) paid internship program you will be empowered to drive change, lead with creativity, own your career, and make a difference. As a path to our full-time opportunities, you will be a true contributor on a team that fits your skills and interest in a dynamic environment alongside our employees.

THE IMPACT YOU WILL MAKE

As an Accounting Intern on our Controllers team within our finance department, you will have the opportunity to support finance functions in accounting, reporting, controls, SOX/FORM, tax, as well as product support in our shared services organization.

Examples of intern tasks and projects include: 

Execute accounting and financial operations processes and related controls. 
Analyze accounting results using reports to explain 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 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.

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)
Accounting major or minor in Bachelor’s and/or Master’s degree

Preferred Qualifications

Rising senior enrolled in a bachelor’s degree program (2026 graduation date) OR graduating seniors planning to enter 5th year Master’s/CPA program
Strong analytical background
Demonstrated leadership capabilities and the ability to contribute to a team atmosphere
Self-starter, strong business acumen, and results focused
Superior communication skills, both oral and written
Fluency and aptitude with technology applications

Fannie Mae

View Company Profile

Fannie Mae operates in the U.S. housing finance system by purchasing mortgages from lenders, which helps these lenders maintain cash flow and offer more loans to consumers. The company buys mortgages from banks and financial institutions, holding some in its portfolio while packaging others into mortgage-backed securities (MBS) that are sold to investors. This process provides a steady flow of capital back into the housing market, promoting homeownership and rental opportunities. Fannie Mae generates revenue through fees for guaranteeing MBS payments and from interest on its mortgage portfolio. Its goal is to facilitate access to affordable housing and maintain the stability of the housing market, while also engaging in community service and promoting diversity and inclusion within its workforce.

Company Stage

IPO

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

1938

Simplify's Take

What believers are saying

AI integration in underwriting reduces default rates, enhancing Fannie Mae's risk management.
Green mortgages align with Fannie Mae's mission for sustainable housing solutions.
Digital mortgage platforms improve application processes, boosting customer satisfaction.

What critics are saying

Desktop Underwriter 12.0 may cause delays if lenders resist new credit risk focus.
Labor shortages could challenge Fannie Mae's affordable housing initiatives.
Higher loan-to-value ratios in appraisal alternatives may increase financial risk.

What makes Fannie Mae unique

Fannie Mae's Desktop Underwriter 12.0 enhances credit risk assessment for mortgage approvals.
The MPF Program expands lending to Native Americans on tribal trust lands.
Fannie Mae's valuation modernization offers appraisal alternatives to streamline property value assessments.

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