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We help people secure their future and protect the ones they love.
The Role
Performs accounting, reporting, controls, and governance activities for non-insurance corporate subsidiaries, with emphasis on investment activity and financial results. Supports monthly, quarterly, and annual close cycles, audits, non-routine transactions, legal entity reporting, and internal control improvements. Partners with Investment Management and cross-functional stakeholders to resolve accounting issues, implement new ledger and investment systems, analyze data, and improve reporting processes.
Summary Generated by Built In
Accounting Associate II - Corporate Subsidiaries
Corporate Subsidiaries Controllership
Fulltime/Boston, MA or Springfield, MA
The Opportunity
This Accounting Consultant role is a key role to our Corporate Accounting and Reporting team. The position reports to the Director of Corporate Subsidiaries Controllership. The role is responsible for the accounting, reporting, and control activities supporting MassMutual's non-insurance subsidiaries, with a particular focus on investment activity and related financial results. The incumbent will partner with Investment Management and other stakeholders to analyze transactions, resolve accounting issues, support close and audit requirements, and improve the processes used to deliver accurate and timely reporting. 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.
The Team
The Corporate Subsidiaries Controllership team provides controllership and governance oversight for MassMutual's non-insurance subsidiaries. The team partners across Finance and the business to promote accurate and timely financial reporting; oversee legal entity governance, capital activity, non-routine transactions, and external audits; strengthen internal controls; and drive consistency in the review and oversight of subsidiary results. The incumbent will help shape the team's operating model, develop talent, and advance improvements that strengthen execution across the subsidiary portfolio.
The Impact
The Minimum Qualifications
The Ideal Qualifications
What You Can Expect at MassMutual
At MassMutual, you'll have the opportunity to do meaningful work within a purpose-driven organization that values long-term impact. In this role, you can expect:
#LI-CR37
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
Salary Range: $99,800-$131,000
Corporate Subsidiaries Controllership
Fulltime/Boston, MA or Springfield, MA
The Opportunity
This Accounting Consultant role is a key role to our Corporate Accounting and Reporting team. The position reports to the Director of Corporate Subsidiaries Controllership. The role is responsible for the accounting, reporting, and control activities supporting MassMutual's non-insurance subsidiaries, with a particular focus on investment activity and related financial results. The incumbent will partner with Investment Management and other stakeholders to analyze transactions, resolve accounting issues, support close and audit requirements, and improve the processes used to deliver accurate and timely reporting. 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.
The Team
The Corporate Subsidiaries Controllership team provides controllership and governance oversight for MassMutual's non-insurance subsidiaries. The team partners across Finance and the business to promote accurate and timely financial reporting; oversee legal entity governance, capital activity, non-routine transactions, and external audits; strengthen internal controls; and drive consistency in the review and oversight of subsidiary results. The incumbent will help shape the team's operating model, develop talent, and advance improvements that strengthen execution across the subsidiary portfolio.
The Impact
- Creates an environment whereby the team is inspired, engaged and motivated by identifying opportunities to learn and grow
- Manages priorities effectively and adapt quickly to achieve goals while developing efficiencies and established methods in the process
- Thrives in a complex corporate structure and comfortably switch gears and alter course to adapt to changing circumstances
- Plays a key role in leading a collaborative and inclusive culture by working closely with Investment Management
- Actively participate in the implementation of the Company's new ledger and investment ecosystem
- Responsible for ongoing activities as part of the monthly, quarterly, and annual close cycles
- Uses professional insight to identify and implement accounting improvements that increase the business value and efficiency of the team
- 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
- Makes recommendations to continuously improve the overall control environment
- Compiles and prepares accounting records of MassMutual's non-insurance subsidiaries including venture capital, asset management, bank, technology, and holding companies
- Proactively supports the internal and external audits
- Contributes to the accounting, reporting, control, and legal entity implications of non-routine transactions affecting MassMutual's subsidiaries. Partners with stakeholders to assess impacts, resolve complex issues, document conclusions, and prepare concise executive summaries for leadership
The Minimum Qualifications
- Bachelor's degree
- 4+ years of accounting, reporting, controls and/or governance work experience with a track record of increasing responsibility
The Ideal Qualifications
- CPA preferred
- Knowledge of U.S. GAAP and statutory accounting
- Financial reporting experience on alternative investments
- Former experience in legal entity controller roles
- 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
- Experience analyzing new investments and accounting guidance to drive appropriate and preferred investment accounting and reporting across the Company and subsidiaries
- Experience with system implementations preferred
- 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
What You Can Expect at MassMutual
At MassMutual, you'll have the opportunity to do meaningful work within a purpose-driven organization that values long-term impact. 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
- Access to learning, development, and internal networks that support continuous growth and skill-building over time
- 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
#LI-CR37
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
Salary Range: $99,800-$131,000
Skills Required
- Bachelor's degree
- 4+ years of accounting, reporting, controls, and/or governance experience with increasing responsibility
- CPA certification
- Knowledge of U.S. GAAP and statutory accounting
- Financial reporting experience involving alternative investments
- Experience in legal entity controller roles
- Strong analytical skills and ability to interpret financial data
- Experience analyzing new investments and accounting guidance
- Experience with system implementations
- Strong cross-functional relationship-building skills
- Excellent verbal and written communication skills
- Ability to work effectively in a dynamic, agile environment
- Intellectual curiosity and willingness to continue learning
MassMutual Compensation & Benefits Highlights
How does MassMutual ensure its pay and bonus plans are competitive?
MassMutual provides market-competitive salaries and generous incentive pay opportunities for all employees. Whether an employee is just starting out, transitioning to a new career, or joining us as a seasoned leader — we value their contributions.
- Competitive Salary and Bonus offerings: MassMutual’s base salaries reward and recognize employees’ experience, skills and performance. Our salary ranges are regularly benchmarked within our industry and the broader job market to ensure competitiveness. Additionally, all MassMutual employees have the opportunity to receive competitive, performance-based bonuses, either annually or more frequently.
- Annual Incentive Plan (AIP): AIP awards are discretionary and based on individual and company performance, with opportunities to earn above-target bonuses in years with exceptional results. These awards consider not only what results a person achieved, but how they achieved them, rewarding behaviors that help create a productive and welcoming work environment for everyone.
- Employees in sales roles participate in our variable incentive compensation (VIC) program instead of AIP. VIC provides incentive pay awards commensurate with results for individuals in roles that directly influence sales.
- Employees in sales roles participate in our variable incentive compensation (VIC) program instead of AIP. VIC provides incentive pay awards commensurate with results for individuals in roles that directly influence sales.
- Pay transparency and pay equity: MassMutual publishes salary ranges in job postings and is committed to promoting pay equity. This includes providing pay equity training to managers, reviewing the pay of employees who perform similar work as a standard practice when making compensation recommendations, and partnering regularly with independent external experts to check our work.
- Benefits as part of Total Rewards: MassMutual invests in every aspect of their employees’ well-being, providing a rewards package that goes far beyond a paycheck to support them physically, mentally, and financially. Their robust healthcare, retirement and protection benefits provide a range of support through all of life’s big moments — and, over the years, they have expanded their pioneering leave programs so employees can better care for themselves and the people they love.
- Health benefits: MassMutual offers a comprehensive suite of health and wellness benefits, focusing on solutions that support holistic well-being, aimed at improving access and outcomes for all, and provide flexibility to meet our employees’ and their families’ unique needs. Employees value our wide array of benefits, with one sales assistant citing “great benefits and lots of flexibility,” and another employee describing the company’s “good leadership and benefits.” (MassMutual Careers Benefits; Glassdoor). In a 2026 employee survey, one employee noted “The organization offers a wide range of programs and benefits that meaningfully support employees and foster a positive, inclusive culture.”
- Retirement and financial benefits: MassMutual provides a 401(k) plan contribution of up to 10% of eligible compensation, including up to 5% company match on employee deferrals and, for all eligible employees, a 5% annual company contribution. The company also treats eligible student loan payments like 401(k) contributions for matching purposes. The company provides a Retiree Health Reimbursement Account to eligible employees; monthly credits start at age 45. (MassMutual Careers Benefits; MassMutual 2025 Annual Report)
- Additional health programs: MassMutual offers additional benefits such as a health savings account, access to a broad network of mental health resources and providers for employees and their family members, and resources like medical and surgery decision support, healthcare navigation services, and more. All employees also have access to a Well-Being Wallet, where they can be reimbursed for up to $1,250 per year for eligible physical, mental, or financial wellness related expenses.
- Other benefits: Employees have access to an array of resources to help strengthen their overall well-being and protect the ones they love, at every stage of life. Whether growing their family, volunteering in their community, planning their legacy, or looking to save on everyday expenses like pet or auto insurance, we offer financial benefits and corporate discounts to help.
- Employee Feedback on Benefits: MassMutual conducts regular employee surveys, and benefits continuously receive positive feedback. In their 2026 survey, one employee said “...the total benefits program here at MassMutual has to be one of the best, if not the very best. It seems this company goes out of its way to make sure their employees are well taken care of." With another employee sharing “The Well-Being Wallet, education reimbursement, time off & leave programs are top notch and unlike anything I've experienced”.
- Time off & leaves: MassMutual’s flexible time-off and leave programs support employees’ well-being, help them care for loved ones, and balance personal priorities. Offerings include inclusive caregiver, bereavement, and other essential leaves; generous parental leave and financial support for adoption and surrogacy; up to 24 hours of paid volunteer time annually; and generous vacation, flexible holidays, companywide paid holidays and remote work weeks, and five “take care days.”
- External signals:
- Benefits value: Employees on external review sites regularly highlight benefits as a strength, with reviews calling out “excellent benefits,” “great benefits” and a “great benefits package.” (Glassdoor; Indeed)
- Benefits and retention: Employees surveyed on external review sites rate MassMutual’s perks and benefits an A-, with 100% saying perks and benefits play a role in staying at the company. (Comparably)
Bottom line: MassMutual supports employee wellbeing through competitive salaries and bonus opportunities, strong retirement contributions, and benefits designed to support the financial, physical, and mental well-being of employees and their families.
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The Company
What We Do
Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. This is why we want to inspire people to Live Mutual. We’re people helping people. Together, we’re stronger.
Why Work With Us
MassMutual has the financial security and stability of a 170+ year old company, with the culture and energy of a startup. We work every day with the customer front of mind to build the best digital experience in the industry.
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MassMutual Teams
MassMutual Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
We believe in capitalizing on the best of being together in our offices as well as personal flexibility. Our workplace philosophy puts office collaboration first, combined with flexibility to work remotely.
Typical time on-site:
3 days a week
