Corporate Investment Accountant - US GAAP/STAT

Job Posted 5 Hours Ago Posted 5 Hours Ago
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New York, NY
128K-168K Annually
Senior level
Big Data • Fintech • Information Technology • Insurance • Financial Services
We help people secure their future and protect the ones they love.
The Role
The Corporate Investment Accountant will oversee corporate investment accounting and ensure compliance with U.S. GAAP and statutory regulations. The role involves leading accounting models, monitoring guidance changes, improving the control environment, and collaborating with cross-functional teams to enhance processes and reporting.
Summary Generated by Built In

Corporate Investment Accountant - US GAAP/STAT
Corporate Investment Controllership
Full-time
New York, NY, Boston, MA or Springfield, MA
About the Corporate Controller Organization:
The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key business partners and regulators on the enterprise's actual results, forecast implications and strategic decision making. This work considers legal entity structures, distribution channel, and product results as well as how these impact our capital optimization and operating liquidity.
We are a diverse group of professionals experienced in and responsible for accounting, financial reporting, tax, policy and controls, cash operations, corporate finance data and systems management as well as wealth management finance activities. We are seeking engaging professionals with strong communication skills and deep intellectual curiosity to ensure the timely and efficient reporting of results. We not only perform the required activities. We are looked to as business partners who add value by challenging existing operating practices strengthening controls and highlighting trends and insights.
The Opportunity
This Corporate Investment Accountant is a newly created position that oversee corporate investment accounting for Investment Management. This position reports to the Head of Investments 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. 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.
The Team
As a member of the Financial Controllership Team, the incumbent will be involved in shaping the future of the organization, developing tomorrow's leaders and supporting the on-going growth and analysis within the Investment Controllership team.
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 and other Controllers teams.
  • 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 projects and continuous improvement activities.
  • Responsible for leading problem solving to improve quality, cycle times, increase efficiencies, improve employee engagement and customer satisfaction.
  • Oversees asset classifications to ensure consistency with the Company's accounting policies
  • Leads the completion of accounting models and transaction memos for financial transactions related to Investment Controllership ensuring accuracy and compliance with the appropriate accounting regulations.
  • Monitors impacts of accounting guidance changes and partners with Investment Management to ensure systems and processes are properly changed to ensure appropriate accounting and reporting
  • Coordinates the reporting and analysis for Investment Controllership supporting standardization to serve various customers.
  • Makes recommendations to continuously improve the overall control environment and monitoring the control environment for Investment Controllership.


The Minimum Qualifications

  • Bachelor's degree in Accounting, Finance or related major
  • 6+ years of related work experience with a track record of increasing responsibility
  • 4 + years of knowledge and experience of U.S. GAAP
  • 4+ years of knowledge and experience with U.S. Statutory guidance


The Ideal Qualifications

  • CPA or CFA preferred
  • Master's degree preferred
  • Knowledge and experience of investments
  • 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 different investment types and structures
  • 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 to Expect as Part of MassMutual and the Team

  • Regular meetings with the Investment Controllership team
  • Focused one-on-one meetings with your manager
  • Access to mentorship opportunities
  • Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
  • Access to learning content on Degreed and other informational platforms
  • Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits


#LI-CR37
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
Salary Range: $128,000.00-$168,000.00

Top Skills

U.S. Gaap
U.S. Statutory Guidance

What the Team is Saying

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The Company
HQ: Springfield, MA
6,000 Employees
Hybrid Workplace
Year Founded: 1851

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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About our 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
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HQSpringfield, MA
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Boston, MA
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New York, NY
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