Manager, Investment Accounting - Income Governance
MassMutual · Boston, MA · 3 wk ago
HybridAccounting$128k–$168k/yrFull-time
About the role
The Manager, Investment Accounting - Income Governance role is an individual contributor position within the Investment Controllership team at MassMutual. This role is full-time and based in either Boston, MA or Springfield, MA.
Responsibilities
- Partner with teams across Securities Controllership, Alternative Investments, Derivatives, Investment Management Operations, Treasury, PMO, ERM, and other business areas.
- Support the implementation of the company's new general ledger and other strategic finance initiatives.
- Prepare, review, analyze, and present monthly financial reporting and analysis to management.
- Conduct research, analysis, and data validation to support the preparation and review of complex account reconciliations.
- Identify, investigate, and reconcile differences across investment and accounting systems.
- Recommend and implement solutions for process issues, exceptions, and control gaps.
- Analyze and interpret financial information to ensure accuracy, completeness, and compliance with company policies and regulatory requirements.
- Maintain complex account records and supporting documentation with a high degree of accuracy and attention to detail.
- Collaborate with internal business partners to resolve accounting and investment-related issues.
- Lead and participate in continuous improvement initiatives that enhance efficiency, accuracy, and operational effectiveness.
- Contribute to problem-solving efforts that improve quality, reduce cycle times, increase team effectiveness, and enhance stakeholder satisfaction.
- Recommend enhancements to strengthen the overall investment accounting control environment.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field.
- 6+ years of experience in investment accounting, insurance accounting, or a related accounting function.
- 6+ years of experience applying U.S. GAAP and/or Statutory (STAT) accounting principles.
Qualifications
- CPA or CFA designation preferred.
- Master's degree preferred.
- Experience working with investment accounting and investment-related financial reporting.
- Advanced proficiency in Excel, PowerPoint, Alteryx, and Power BI.
- Strong analytical skills with the ability to interpret large data sets and communicate meaningful insights.
- Demonstrated ability to produce high-quality work while managing multiple priorities and deadlines.
- Proven ability to build strong relationships and collaborate effectively across cross-functional teams.
- Excellent verbal and written communication skills, including the ability to present complex information clearly and confidently to various audiences.
- Ability to thrive in a fast-paced, evolving environment with a focus on execution and results.
- Intellectual curiosity and a commitment to continuous learning, growth, and process improvement.
Skills
- Strong analytical skills.
- Advanced proficiency in Excel, PowerPoint, Alteryx, and Power BI.
- Experience with U.S. GAAP and/or Statutory (STAT) accounting principles.
- Experience with investment accounting and investment-related financial reporting.
- Strong communication skills.
- Collaborative and problem-solving abilities.
- Continuous improvement mindset.
Benefits
MassMutual offers competitive compensation and comprehensive benefits, including:
- Medical, dental, and vision insurance.
- A 401(k) retirement plan with company matching.
- Generous vacation and sick leave.
- Volunteering time off.
- A Well-Being Wallet of up to $1,250 per year.
- Caregiver leave.
Pay
$128,000 - $168,000 annually
Schedule
Hybrid schedule with at least three days per week in the office and remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.