Investment Accountant

Posted 6 Hours Ago
Be an Early Applicant
Boston, MA
Hybrid
122K-160K 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 Investment Accountant will manage financial information integrity, collaborate with various teams, conduct complex account reconciliations, analyze financial data, and participate in the implementation of a new ledger and related projects to enhance processes and controls.
Summary Generated by Built In

Investment Accountant
Investment Controllership
Full-Time
Boston, MA or Springfield, MA
The Team
This newly created team is responsible for the ensuring the integrity of the accounting information received from the Investment Operations securities system. This team will be highly focused on the control environment supporting this purpose. To this end, the team will work closely with its critical partner, Investment Operations and Securities Controllership. The team will look to leverage technology and resource opportunities to ensure efficient and effective approach to maintaining these processes.
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 Investment Accountant role is a newly created position that will be a key addition to our Investment Controllership team. The position reports to the Director of Investment Operational Accounting Governance and 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 Impact

  • Thrives in 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.
  • Partner with teams, including but not limited to Securities Controllership, Investment Operations, Treasury, and ERM.
  • Actively participate in the implementation of the Company's new ledger and other key projects.
  • Participates in creating or reviewing, analyzing, and presenting monthly financial analysis reports to senior management.
  • Conduct thorough research, analysis, and retrieval of data to ensure accurate and timely preparation, review and maintenance of complex account reconciliations.
  • Identify and reconcile differences within established investment and accounting systems using critical analysis skills.
  • Analyze and interpret financial information to ensure accuracy and compliance with company policy and regulations.
  • Prepare and maintain complex account records with meticulous attention to detail.
  • Collaborate with internal teams to resolve items and address investment-related issues.
  • 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 within the Investment Controllership team.
  • Makes recommendations to continuously improve the overall control environment.


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
  • 6+ years combined experience with U.S. GAAP and/or STAT


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
  • 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, and staff, etc.
  • 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, LGBTQIA+, 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: $121,800.00-$159,800.00

Top Skills

Accounting
Finance

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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MassMutual Teams

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Boston Campus
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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