MassMutual
We help people secure their future and protect the ones they love.
Hybrid

Investment Accountant

Sorry, this job was removed at 11:27 a.m. (CST) on Wednesday, August 18, 2021
Find out who's hiring in Boston, MA.
See all Finance jobs in Boston, MA
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

Accounting Consultant - Mastery

 

 

The Opportunity

This position is a key controllership role responsible for leading a team that manages and executes investment transactional accounting and analysis, including oversight of financial reporting outcomes of all MassMutual investment products. This position resides within the Controllers Organization of Corporate Finance 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 seeking solid execution and improving outcomes. This is an opportunity for an experienced accounting professional who wants to lead and develop a diverse team of highly motivated professionals focused on proactively driving the development and execution of process improvement, meaningful analysis and control execution for investment accounting activities.

 

The Team

 

The Investment controllership team is a high-profile team in the controller's organization and is currently comprised of five mastery level accountants who oversee our various asset classes and investment activity. Our team has a high business acumen and is driven to provide timely and accurate financial information to our customers and be an agile and reliable source of information in the organization. We strive to continuously improve by working together as team to make each other and our process better. The team continues to grow due to the growing level of assets and number of projects and initiatives that we are part of.

 

 

WHAT GREAT LOOKS LIKE IN THIS ROLE

This strategic leader will exhibit strong leadership presence and communications skills in presenting results to various levels of management. This will require thought leadership and entail developing sound accounting practices, efficient processes, and robust control documentation to effectively deliver timely and insightful results. This individual will be proactive in developing team vision & strategy, driving change and transformation of our accounting capabilities, and executing on projects effectively and efficiently. This leader will play a key role in actively managing team performance and developing talent within the investment accounting team and the broader Controllers community. This leader demonstrates the technical and leadership competencies and passion for continuous improvement to be considered a strong successor candidate.

 

The Impact:

  • Proactively identifies financial reporting risks and opportunities within the investment activities and translates that into decision-useful improvement recommendations –
  • Provides sound financial advice to business units or other departments, anticipating the financial statement impact of changes in the business environment and making recommendations to ensure appropriate processes are implemented and maintained -
  • Understands how data flows through the financial systems to the accounting function, planning appropriately for changes and prioritizing and implementing enhancements -
  • Establish and enhance internal controls and maintain and consistently improve upon a strong control environment within the investment accounting activities - Accountability
  • Adds value to the enterprise through close collaboration and partnership with other MassMutual business units and corporate functions to ensure the accurate, timely and efficient submission of data and analysis required to meet reporting requirements –
  • Plays a key role in creating a collaborative and inclusive culture by working closely with other Controllers teams, such as the financial close team and external reporting to ensure the accurate recognition of accounting for various transactions and events related to the investment processes and activities -
  • Drives accountability by collaborating with accounting policy and other areas within the Controllers Organization on the evaluation of new GAAP and statutory reporting impacts to the company; assisting in the implementation of new business financial reporting impacting the investment processes –
  • Contributes to the reporting of the companies strategic entity investments and managing the investment side of the reinsurance agreements

 

The Minimum Qualifications

  • BS in accounting or finance; MBA or equivalent preferred
  • Certified Public Accountant
  • 8 years of relevant experience from public accounting and/or large insurance organization
  • Significant knowledge and experience of US GAAP and statutory investment accounting

 

The Ideal Qualifications

  • Strong multi-tasking skills and ability to adapt to change
  • Ability to proactively take ownership of projects and drive them through to completion
  • Experience working in a Finance transformational setting; driving change and managing competing priorities
  • In-depth knowledge of US GAAP and Statutory accounting
  • Ability to perform and lead a team to perform independent research and prepare analyses of the impact of accounting requirements
  • Experience in best-in-class control execution/documentation
  • Detail-oriented with demonstrated oral and written communication skills

 

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 nosiness with industry leading pay and benefits

 

COMPETENCIES:

  • Business Acumen: Demonstrates understanding of financial processes and their criticality to the integrity and timeliness of financial reporting
  • Critical Thinking: Critically and logically evaluates performance benefits vs. academic approach in thinking of alternatives
  • Execution/Results: Takes ownership of problems and stays on top of them until resolved. Makes quick decisions and is able to guide teams on effective trade-offs in decision making
  • Engage and Inspire: Engage with the broader user community and build strong relationships
  • Collaborate: Conducts periodic reviews with the business community and encourages feedback towards continuous improvement
  • Learning: Constantly learns about industry best-practices around financial technology and adapts the strategy accordingly
  • Communications: Ability to establish appropriate program governance with clear communications to stakeholders along with structured change management

 

(#LI-SE1)

 

CORE VALUES

Focus on the Customer: We understand our customers well and look for every opportunity to deliver an experience that is clear, easy, personal, human, empowering and trustworthy.

Act with Integrity: We deliver on our promises by being open, honest and humble and by adhering to the letter and spirit of applicable laws, rules, regulations and company policies.

Value People: We respect and learn from each other's diverse backgrounds, experiences and ideas. We engage and develop people to their greatest potential.

Work Collaboratively: We work together to achieve results by actively listening, seeking, understanding and creating solutions as a unified team driving toward one company, one culture, one brand.

Achieve Results: We focus on winning by exceeding expectations and getting better – everyone, every day.

For more information, visit www.massmutual.com or find us on Facebook, Twitter, LinkedIn, YouTube, Google+, Instagram and Pinterest.

At MassMutual, we're fostering an inclusive and dynamic environment where our employees are valued for who they are and can build successful careers. For us, diversity and inclusion is more than a goal, it's the only way forward.

 

COMPENSATION

We pay competitive base salaries and we reward performance. Our salary structure is commensurate with experience. In addition, you will be eligible to participate in our comprehensive benefits program including medical insurance and 401(K).

 

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.

]]>

See More
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

What are MassMutual Perks + Benefits

MassMutual Benefits Overview

At MassMutual, employees have the opportunity to earn a competitive salary and bonus, enroll in an
array of benefits, and participate in programs and services that support healthy lifestyles, assist them
in building financial security for themselves and their families and help them live well-balanced lives.

Culture
Volunteer in local community
Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift, Matching Time and Volunteer Time Off Programs.
Partners with nonprofits
Every year, MassMutual and the MassMutual Foundation invest more than $20 million focused on advancing economic opportunity. https://www.massmutual.com/about-us/corporate-responsibility/foundation
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Employee resource groups
Employee-led culture committees
Hybrid work model
In-person all-hands meetings
Employees can either attend the in-person all-hands meeting, watch live via Zoom, or watch the recording. All employees are invited to submit questions.
Employee awards
Flexible work schedule
Flexible work arrangements, including telecommuting, are available in many departments across the company.
Remote work program
In addition to two remote days per week, MassMutual offers employees four full remote weeks of their choice per year.
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Highly diverse management team
More than half of our Board of Directors are comprised of women and people of color, making it one of the most diverse groups in the industry.
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
Hiring practices that promote diversity
Diversity recruitment program
Health Insurance + Wellness
Flexible Spending Account (FSA)
A health care flexible spending account (FSA) allows employees to save money on a before-tax basis for eligible medical, dental and vision expenses, subject to IRS limits.
Disability insurance
For details on short term and long term disability insurance please visit https://www.massmutual.com/-/media/files/employee_benefits.pdf
Dental insurance
Basic Dental covers preventive and basic restorative care; Major Dental covers all that Basic covers, plus restorations and orthodontia (limits apply).
Vision insurance
Health insurance
To learn more about our Health and Welfare Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf
Life insurance
For more information about our Life Insurance Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf
Pet insurance
Wellness programs
Team workouts
Mental health benefits
Transgender health care benefits
Wellness days
Abortion travel benefits
Our general medical travel benefit covers abortion-related travel.
Financial & Retirement
401(K)
In addition to our 401(k), MassMutual a cash balance plan that provides an account-based pension benefit based on accruals of pay credits and interest credits.
401(K) matching
Performance bonus
Charitable contribution matching
Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift and Matching Time Programs.
Pay transparency
Child Care & Parental Leave
Childcare benefits
Dependent care flexible spending account to allow you to set aside before tax dollars to pay for certain eligible child care expenses.
Generous parental leave
Leave for birth mothers of 18 weeks of fully paid leave. Non-birth mothers, fathers and adoptive parents eight weeks of fully paid parental leave.
Family medical leave
Caregiver leave: Up to two weeks paid leave to care for a loved one. Bereavement Leave: 15 days of paid time off to grieve the loss of a loved one with the employee defining who the loved one is.
Adoption Assistance
Company sponsored family events
MassMutual offers many opportunities for family events, from group volunteer experiences and chances to attend Red Sox games to business resource group-sponsored outings like annual pride parades.
Fertility benefits
Vacation + Time Off
Generous PTO
Paid holidays: 9 fixed and 1 floating. Vacation: starts at 19 vacation and personal days per calendar year, with increases at 5-year service intervals.
Paid volunteer time
Three days of paid time off is available to employees annually to give back to their communities, by sharing their time and talent with a cause close to their heart.
Paid holidays
Paid sick days
Occasional illness: up to 5 days per calendar year.
Flexible time off
Floating holidays
Bereavement leave benefits
Hardship benefits
320 hours of caregiver leave to take of loved ones when it matters most.
Office Perks
Commuter benefits
Free daily meals
Free snacks and drinks
Some meals provided
Onsite office parking
Recreational clubs
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
MassMutual's wellness wallet is a stipend available to all employees, and can be used for myriad wellness-related purchases, including home-office purchases.
Meditation space
Mother's room
Onsite gym
Professional Development
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications
Personal development training
Virtual coaching services

Additional Perks + Benefits

To learn more about our comprehensive benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

More Jobs at MassMutual

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about MassMutualFind similar jobs like this