MM

MM

Head of Investment Accounting Governance

Boston, MA · Full-time

Sponsorship not specified$164k-$215kDetected 1 day ago
ExpressFinancial AnalysisAccountingExcelLeadershipCommunicationGAAPFinancial ReportingInternal Audit

About the role

  • At MassMutual, we help millions of people find financial freedom, offer financial protection and plan for the future.
  • The Head of Investment Accounting Governance is a key role in the delivery of MassMutual's investment strategy and in this, MassMutual's purpose: to provide financial well-being to all Americans.

Responsibilities

  • 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.
  • Partner with teams, including but not limited to Securities Controllership.
  • Maintain workflows and operational securities accounting controls
  • Partner with stakeholders to meet client needs

Requirements

  • 10+ years of progressive accounting, investment accounting, investment controllership, or financial reporting experience within insurance, asset management, banking, or financial services.
  • Demonstrated expertise in U.S. GAAP investment accounting and financial reporting.
  • Proven experience designing, implementing, and enhancing internal controls, governance frameworks, and operational accounting processes in a highly regulated environment.
  • Bachelor's degree in accounting, finance or related discipline
  • Knowledge and experience of investments is highly desired
  • In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services.

Skills

  • Proven ability to complete high quality work efficiently and increase autonomy over time
  • Experience in creating and developing teams
  • Experience effectively leveraging outsourcing and offshoring arrangements
  • Intellectual curiosity to continue learning and adding breadth and depth to understanding
  • ability to analyze financial data sets and tell the story of the data
  • What You Can Expect at MassMutual
  • In this role, you can expect:
  • Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
  • A collaborative environment where perspectives are welcomed
  • Employee-led communities and forums that foster connection, learning, and inclusion across the organization
  • A culture grounded in integrity, responsibility, and stewardship-supported by a company with a strong legacy and a future-focused mindset

Compensation

  • At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees.
  • Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
  • A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits.
  • $163,900-$215,000

Benefits

  • Access to learning, development, and internal networks that support continuous growth and skill-building over time
  • As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first.

Company info

  • This team is responsible for the ensuring the integrity of the accounting information received from the Investment Operations securities system.
  • This team will be highly focused on the control environment supporting this purpose.
  • To this end, the team will work closely with its critical partner, Investment Operations.
  • The team will look to leverage technology and resource opportunities to ensure and efficient and effective approach to maintaining these processes.
  • Head of Investment Accounting Systems Governance will lead and inspire the team to continue progressing the operations model and function.
  • Reporting to MassMutual's Head of Investment Controllership, Head of Investment Accounting Governance will be a member of the Investment Controllership leadership team and a key partner and representative to the operational accounting impacts of the investment operations processes.
  • Against the backdrop of an increasingly complex general investment account portfolio with diverse asset classes and strategies, this role will build a framework and lead a vision that provides for the effective controls of operational securities accounting.
  • Lead the team responsible for ensuring effective controls related to the securities operational accounting, including execution of daily and monthly reconciliations, analysis of data exceptions, and support of system upgrades
  • Maintaining control processes and assess improvements by evaluating the end to end impacts to operational securities accounting
  • Partner with teams, including but not limited to Securities Controllership. Investment Operations, Treasury, Financial Reporting and ERM
  • Ensure the integrity of investment income reporting across periods while owning the calculation and recording of known P&L exposures
  • Oversee the effectiveness of the broader control environment for the insurance company GIA

Equal opportunity

  • If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

This listing is sourced directly from MM's careers page and normalized into a canonical job model.