Management, Statutory Audited & Regulatory Reporting Team
Full Time
Boston, MA or Springfield, MA
The Opportunity
We seek an energetic, motivated, Financial Reporting & Analysis Associate to join our team. As a member of the team, you will be part of an interdisciplinary reporting and analysis team in our Controller's department that can execute on management reporting while leveraging and maintaining key reporting systems to optimize, compile and analyze the Company's financial results, collaborate with finance teams throughout the CFO organization, and present financial results to senior management.
The Team
The Management, Statutory Audited and Regulatory Reporting team is part of MassMutual's Corporate Finance Organization. The team is motivated by challenging work that delivers substantial impact in a culture of accountability and collaboration. Team members are energized to deliver timely and accurate financial reporting data to internal and external customers while successfully executing on financial reporting controls. Our team is a collaborative team that supports cross-functional strategic initiatives across the enterprise, optimization and oversees our business partners' results. We appreciate a diverse team and leveraging diverse thought to optimize processes and build strong relationships.
The Impact
As a Financial Reporting & Analysis Associate, you will produce, analyze and deliver regulatory, audited and management reports, utilize key financial reporting systems and collaborate with internal and external customers to execute financial reporting controls. To accomplish this, you will:
- Demonstrate business acumen to interpret statutory regulatory and reporting requirements to timely and accurately produce regulatory, audited statement and management reports for key constituents including Senior Management, External Auditors, Regulatory bodies, and the Board of Directors
- Prepare certain quarterly and annual regulatory and audited statutory exhibits, schedules and disclosures
- Complete state forms and participate in state filing processes
- Monitor executing and documenting key controls, including, but not limited to statement tie-outs, financial statement line items fluctuations, quality assurance validations and review, proper sing-offs on inputs from dependent sources
- Supervise offshore team members to timely and accurately execute query refreshes and quality assurance reviews
- Work in a fast paced and agile work environment to meet or exceed deadlines
- Follow the daily quarterly close process, track and follow up on notable items
- Participate complex cross-functional projects
- Drive continuous improvement and efficiencies within the reporting processes beyond the scope of responsibilities listed
- Develop technical skills and improve competencies supporting role
The Minimum Qualifications
- Bachelor's degree in Accounting, Finance, or related field
- 3 + years of experience working with audited statements, including disclosures OR regulatory reports OR 1 year working experience with audited statutory and GAAP reporting in life insurance companies
- 1+ years experience with general ledger reporting cubes and warehouses; and the ability to gather data elements from various sources
The Ideal Qualifications
- Master's degree in accounting, Finance, or related field
- Knowledge of advanced insurance and investment statutory accounting principles
- Expert knowledge of Excel and PowerPoint
- CPA or advanced degree in accounting
- Other competencies required include customer focus, change & innovation, strategic thinking, relationship building & influencing
What to Expect as Part of MassMutual and the Team
- Regular meetings with the Management, Statutory Audited, Regulatory Reporting and Close and Consolidation teams
- Focused one-on-one meetings with your manager
- 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. 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.
Salary Range: $88,300.00-$115,900.00
Top Skills
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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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.