Financial Control Consultant

Posted An Hour Ago
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Springfield, MA, USA
Hybrid
84K-110K Annually
Mid level
Big Data • Fintech • Information Technology • Insurance • Financial Services
We help people secure their future and protect the ones they love.
The Role
Support and maintain financial controls for insurance operations, perform reconciliations and general ledger entries (SAP/TCC), manage monthly/quarterly closes, provide analysis and audit support, lead process improvements, and oversee offshore resources.
Summary Generated by Built In
The Opportunity
As a Financial Control Consultant, you will have the opportunity to demonstrate and advance your accounting, reporting, auditing, financial analysis and computer system skills by acting as the primary liaison to Corporate Finance or other financial partners on more complex matters. This position will support establishment and maintenance of controls to ensure operational integrity and meet requirements set forth by internal and external audit partners.
The Team
Operations Financial Controls supports the maintenance and integrity of MM's financial statements by performing various control activities of operational financial transactions. The team also provides support for audits and special projects.
The Impact
The Financial Controls Consultant needs a thorough understanding of our insurance products and administrative platforms and the associated accounting practices. A successful candidate must be able to work accurately and with limited supervision and must be able to professionally represent the department to other business units, internal and external auditors, and management. This individual must also be a leader on the team to drive process improvement and provide on-going advice and support to the Manager to ensure completion of our numerous objectives.
Key Responsibilities Include:
  • Balancing and reconciliation activities for transactions processed by the Operations areas
  • Cash controls and reconciliations for cash receipts, disbursements and settle-ups between products, companies and lines of business
  • Balancing of general account and separate account cash-flows and reconciliation of unit variances and fund out of balances
  • Booking SAP/TCC General Ledger entries as necessary
  • Generating suspense listings for Operations; Partner with Operations on root cause analysis, resolution, and correction of suspense out of balances
  • Monthly and quarterly close processes for insurance accounting; including data quality checks, preparation of journal entries, compliance with regulatory requirements, as well as detailed value-added financial analysis for communication to management.
  • Provide oversight and guidance to offshore resources.
  • Support strategic/department initiatives by providing accounting and control expertise.

The Minimum Qualifications
  • B.S. degree in Accounting, Finance or Business
  • 3+ years accounting or financial reporting and analysis experience
  • 3+ years General Ledger knowledge (chart of accounts) and ability to independently analyze
  • 3+ years of transactional processing on insurance products and the associated accounting
  • 3+ years supporting cross-functional projects and strategic initiatives to strengthen financial controls, ensure compliance, and drive business outcomes

The Ideal Qualifications
  • Strong technical skills, including MS Access, Microsoft Excel and SAP (general ledger entries)
  • Promote a culture of collaboration and teamwork
  • Drives continuous improvement and efficiencies beyond own scope of responsibility
  • Excellent communication skills to successfully interact with employees at all levels and senior management

What You Can Expect at MassMutual
MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. 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-SB1
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: $84,100-$110,300

Skills Required

  • B.S. degree in Accounting, Finance or Business
  • 3+ years accounting or financial reporting and analysis experience
  • 3+ years General Ledger knowledge (chart of accounts) and ability to independently analyze
  • 3+ years of transactional processing on insurance products and the associated accounting
  • 3+ years supporting cross-functional projects and strategic initiatives to strengthen financial controls
  • Strong technical skills, including MS Access, Microsoft Excel and SAP (general ledger entries)
  • Promote a culture of collaboration and teamwork
  • Drives continuous improvement and efficiencies beyond own scope of responsibility
  • Excellent communication skills to successfully interact with employees at all levels and senior management

What the Team is Saying

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The Company
HQ: Springfield, MA
6,000 Employees
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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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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