Investment Accounting Associate II - Derivatives

MassMutual • Boston, MA

5d • Hybrid

About The Position

This Investment Accounting Associate II role is a key representative of our Investment Controllership team. The position reports to the Director of Derivatives Controllership and resides within the Financial Controllership team, a critical team within the Controllers Organization which aspires to be best in class financial stewards for MassMutual. This is an opportunity for an individual who thrives in a highly dynamic and agile accounting environment to collaborate across teams focused on solid execution and improving outcomes.

Requirements

• Bachelor’s degree
• 4+ years of related work experience in investment/fund accounting or financial reporting with a track record of increasing responsibility
• 2+ years of experience with Microsoft Excel, including experience with complex formulas, PivotTables, data analysis and large financial datasets

Nice To Haves

• CPA, CMA or equivalent designations preferred
• Experience in financial service industry or insurance company investment
• GAAP and Statutory accounting including Schedule DB
• Experience with Investment software such as Aladdin
• Strong analytical skills: ability to analyze financial data sets and tell the story of the data.
• Experience with SQL or data analytics software such as Tableau and Alteryx is a plus
• Proven ability to complete high quality work efficiently and increase autonomy over time
• Able to build and maintain strong working relationships across cross-functional groups
• Excellent communication skills with the ability to express ideas in and articulate in an organized and persuasive manner to internal and external stakeholders.
• Able to work well in a dynamic and agile environment while assisting the team in execution of various priorities and related deliverables
• Intellectual curiosity to continue learning and adding breadth and depth to understanding
• Experience analyzing new investments and accounting guidance to drive appropriate and preferred investment accounting and reporting across the Company and subsidiaries
• Experience with system conversion or subledger implementation

Responsibilities

• Work closely with Investment Management and Operations on close cycles.
• Prepare and review internal and external audit request.
• Actively participate in the implementation of the Company’s key projects, such as system improvement and implementation
• Responsible for ongoing activities as part of the monthly, quarterly and annual close cycles
• Execute processes and controls that support derivative accounting and controllership.
• Uses professional insight to identify and implement accounting improvements that increase the business value and efficiency of the team.
• Participating in problem solving to improve quality, cycle times, increase efficiencies, improve controls within the Investment Controllership team.

Benefits

• competitive salaries
• incentive and bonus opportunities
• bonus target or in a sales-focused role a Variable Incentive Compensation component
• extensive benefits offerings

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level