MassMutual • Worcester, MA 01608 • Posted 4 days ago
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As a Director in the Controllers Organization of Corporate Finance at MassMutual, you will lead the investment accounting and controllership for derivatives across various insurance and non-insurance entities. This role involves ensuring the accuracy of investment results on a GAAP and statutory basis, supporting process enhancements for an accelerated close, and overseeing monthly reconciliations and financial statement reporting. The position offers a hybrid work schedule and requires a candidate with a strong background in investment accounting and/or operations for derivative investments.
About MassMutual
MassMutual is a leading financial services company based in the United States, specializing in mutual life insurance, investment management, and trust services. Established in 1851, it offers a wide range of financial products and services, including life insurance, retirement planning, and annuities, serving individual and institutional customers globally. The company is known for its strong market position, financial stability, and commitment to providing reliable financial solutions for its customers.
Director Investment Controllership- Derivatives
Controllers Organization of Corporate Finance
Full-Time
New York, NY - preferred location
Will also consider candidates based in Boston, MA or Springfield, MA
About the Corporate Controller Organization:
The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key business partners and regulators on the enterprise’s actual results, forecast implications and strategic decision making. This work considers legal entity structures, distribution channel, and product results as well as how these impact our capital optimization and operating liquidity.
We are a diverse group of professionals experienced in and responsible for accounting, financial reporting, tax, policy and controls, cash operations, corporate finance data and systems management as well as wealth management finance activities. We are seeking engaging professionals with strong communication skills and deep intellectual curiosity to ensure the timely and efficient reporting of results. We not only perform the required activities. We are looked to as business partners who add value by challenging existing operating practices strengthening controls and highlighting trends and insights.
The Opportunity
As a Director in the Controllers Organization of Corporate Finance you will join us as we continue our progress towards becoming best in class financial stewards for MassMutual. We are forward-thinking and seek others who will leverage their curiosity and take initiative. Join us as a partner who will work collaboratively and with determination to leave the company in a better place than you found it. As a Director, you will be an experienced accounting professional who wants to work with a diverse team of highly motivated professionals focused on proactively driving the development and execution of process improvement, meaningful analysis and control execution for investment accounting activities.
This work schedule is a hybrid structure to maximize collaboration and flexibility, blending time working remotely and in the office, at our New York, NY location.
The Team
The Investment Controllership team is a high-profile team in the Controllers organization, comprised of accounting professionals who oversee our various asset classes and investment activities. The team continues to grow in support of our growing level of assets, key initiatives, and special projects. Our team is driven to provide timely and accurate financial information to our customers. We pride ourselves on working with agility and being a reliable source of information in the organization. while continuously improving how we work together as a team to make our processes better. Our culture thrives on inquisitive approaches to our work to help identify issues with specificity and demonstrate high levels of accountability to make things right.
MassMutual is seeking a candidate to lead the investment accounting and controllership for derivatives across our various insurance and non-insurance entities, which entails ensuring the accuracy of the investment results across various derivative strategies on a GAAP and statutory basis. This position will also support continued process enhancements related to achieving an accelerated close that produces timely, accurate and complete investment accounting results in an efficient manner. All candidates must, in addition to possessing the specific qualifications cited below, work well within a complex, fast-paced, fluid environment, and strong organizational and interpersonal skills.
The Impact:
The Minimum Qualifications:
The Ideal Qualifications:
What to Expect as Part of MassMutual and the Team
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MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.By applying, you consent to your information being transmitted by EarnBetter to the Employer, as data controller, through the Employer’s data processor SonicJobs.
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