Investment Accounting Manager - Governance

MassMutual•Boston, MA

1d•Hybrid

About The Position

This is an individual contributor role. The recently formed team is responsible for ensuring the integrity of the accounting information received from the Investment Operations securities system. This team is highly focused on the control environment supporting this purpose. To this end, the team works closely with its critical partners, Investment Operations and Investment Controllership. The team looks to leverage technology and resource opportunities to ensure an efficient and effective approach to maintaining and improving these processes and controls. This Investment Accounting Manager role is key to our Investment Controllership team. The position reports to the Director of Investment Operational Accounting Governance 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. We are seeking an accounting professional who wants to join a highly motivated team of professionals focused on proactively driving the development and execution of process improvements, meaningful analysis and improved coordination with the business partners for Investment activities.

Requirements

Bachelor’s degree
6+ years of experience working in investment or insurance accounting
6+ years experience with U.S. GAAP and/or STAT

Nice To Haves

CPA or CFA preferred
Master’s degree preferred
Knowledge and experience of investments
Advanced knowledge of Excel, PowerPoint, Alteryx, Power BI
Strong analytical skills: ability to analyze financial data sets and tell the story of the data
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 verbal and written communication skills with the ability to express ideas in and articulate in an organized and persuasive manner to leadership, staff, regulatory bodies, etc.
Able to work well in a dynamic and agile environment while leading the team in execution of various priorities and related deliverables
Intellectual curiosity to continue learning and adding breadth and depth to understanding

Responsibilities

Partner with teams, including but not limited to Securities Controllership, Alternative Investments, Derivatives, Investment Management Operations, Treasury, PMO and ERM.
Actively participate in the implementation of the Company’s new ledger and other key projects.
Participates in creating or reviewing, analyzing, and presenting monthly financial analysis reports to senior management.
Conduct thorough research, analysis, and retrieval of data to ensure accurate and timely preparation, review and maintenance of complex account reconciliations.
Identify and reconcile differences within established investment and accounting systems using critical analysis skills.
Propose resolutions to new and existing processing errors and/or deficiencies
Analyze and interpret financial information to ensure accuracy and compliance with company policy and regulations.
Prepare and maintain complex account records with meticulous attention to detail.
Collaborate with internal teams to resolve items and address investment-related issues.
Initiates and/or leads increasingly complex continuous improvement activities.
Participating in problem solving to improve quality, cycle times, increase efficiencies, improve employee engagement and customer satisfaction within the Investment Controllership team.
Makes recommendations to continuously improve the overall control environment.