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We help people secure their future and protect the ones they love.
The Role
Supports investment securities accounting within Financial Controllership. Responsibilities include reconciling investment data and general ledger balances, reviewing journal entries, preparing financial reports, analyzing investment valuations and earnings, supporting close processes, audits, regulatory requests, accounting guidance implementation, and process improvements. The role partners with Investment Management and Finance teams and requires investment accounting experience, U.S. GAAP or STAT knowledge, and strong analytical skills.
Summary Generated by Built In
Investment Accounting Associate II - Securities
Investment Controllership
Full-Time | Boston, MA
The Opportunity
MassMutual is seeking an Investment Accounting Associate II to join our growing Investment Controllership team. This newly created role will be a key contributor within Financial Controllership, a critical function within the Controllers Organization that strives to be a best-in-class financial steward for the company.
Reporting to the Director of Securities Controllership, you'll have the opportunity to work in a dynamic and collaborative environment, partnering across Finance, Investment Management, and other business teams. This role is ideal for an accounting professional who enjoys solving complex challenges, driving process improvements, and contributing to meaningful financial analysis that supports investment activities across the organization.
If you're looking to expand your investment accounting expertise while working on strategic initiatives and continuous improvement efforts, we'd love to hear from you.
The Team
As a member of the Financial Controllership team, you'll help shape the future of our organization while supporting the continued growth and evolution of the Investment Controllership function. You'll work alongside a highly engaged team of professionals who value collaboration, innovation, and delivering high-quality results.
The Impact
The Minimum Qualifications
The Ideal Qualifications
What to Expect as Part of MassMutual and the Team:
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:
#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.
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: $99,800-$131,000
Investment Controllership
Full-Time | Boston, MA
The Opportunity
MassMutual is seeking an Investment Accounting Associate II to join our growing Investment Controllership team. This newly created role will be a key contributor within Financial Controllership, a critical function within the Controllers Organization that strives to be a best-in-class financial steward for the company.
Reporting to the Director of Securities Controllership, you'll have the opportunity to work in a dynamic and collaborative environment, partnering across Finance, Investment Management, and other business teams. This role is ideal for an accounting professional who enjoys solving complex challenges, driving process improvements, and contributing to meaningful financial analysis that supports investment activities across the organization.
If you're looking to expand your investment accounting expertise while working on strategic initiatives and continuous improvement efforts, we'd love to hear from you.
The Team
As a member of the Financial Controllership team, you'll help shape the future of our organization while supporting the continued growth and evolution of the Investment Controllership function. You'll work alongside a highly engaged team of professionals who value collaboration, innovation, and delivering high-quality results.
The Impact
- Thrive in a complex and evolving business environment while adapting to changing priorities and opportunities
- Play a key role in fostering a collaborative and inclusive culture through close partnership with Investment Management and other business teams
- Support the implementation of the company's new general ledger and other strategic initiatives
- Collaborate across the organization to identify issues, implement solutions, and drive process improvements
- Perform and review reconciliations of investment data and general ledger balances, ensuring accuracy and completeness
- Review and support periodic journal entries related to investment accounting activities
- Assist in the preparation, review, and analysis of monthly financial reports and management reporting
- Partner with internal stakeholders to research and resolve investment-related accounting issues
- Contribute to monthly, quarterly, and annual close processes.
- Analyze investment and financial data to identify trends, explain results, and assess impacts on investment valuations and earnings
- Support regulatory and external audit requests related to financial reporting and investments
- Participate in problem-solving initiatives focused on improving quality, efficiency, and operational effectiveness
- Recommend enhancements that strengthen the overall control environment of the Securities accounting team
- Research and support the implementation of new statutory and U.S. GAAP investment accounting guidance
The Minimum Qualifications
- Bachelor's degree
- 4+ years of investment accounting experience with increasing levels of responsibility
- 4+ years of experience applying U.S. GAAP and/or STAT accounting principles
- 1+ years of experience using analytical skills to interpret financial data and communicate meaningful insights
The Ideal Qualifications
- CPA or CFA designation preferred
- Knowledge of statutory (STAT) accounting preferred
- Master's degree preferred
- Experience and understanding of investment products and investment accounting
- Demonstrated ability to produce high-quality work while taking on increasing levels of ownership and responsibility
- Experience evaluating new investments and accounting guidance to support appropriate accounting treatment and reporting across the organization
- Experience supporting accounting or financial systems implementations preferred
- Proven ability to build strong partnerships and collaborate effectively across cross-functional teams
- Excellent written and verbal communication skills, with the ability to clearly and effectively communicate complex concepts to a variety of audiences
- Ability to succeed in a fast-paced, dynamic environment while managing multiple priorities and deadlines
- Intellectual curiosity and a passion for continuous learning, growth, and professional development
What to Expect as Part of MassMutual and the Team:
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-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.
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: $99,800-$131,000
Skills Required
- Bachelor's degree
- 4+ years of investment accounting experience with increasing levels of responsibility
- 4+ years of experience applying U.S. GAAP and/or STAT accounting principles
- At least 1 year of experience using analytical skills to interpret financial data and communicate meaningful insights
- CPA or CFA designation
- Knowledge of statutory accounting
- Master's degree
- Experience and understanding of investment products and investment accounting
- Experience evaluating new investments and accounting guidance for appropriate accounting treatment and reporting
- Experience supporting accounting or financial systems implementations
- Strong cross-functional collaboration and communication skills
- Ability to manage multiple priorities and deadlines in a fast-paced environment
MassMutual Compensation & Benefits Highlights
How does MassMutual ensure its pay and bonus plans are competitive?
MassMutual provides market-competitive salaries and generous incentive pay opportunities for all employees. Whether an employee is just starting out, transitioning to a new career, or joining us as a seasoned leader — we value their contributions.
- Competitive Salary and Bonus offerings: MassMutual’s base salaries reward and recognize employees’ experience, skills and performance. Our salary ranges are regularly benchmarked within our industry and the broader job market to ensure competitiveness. Additionally, all MassMutual employees have the opportunity to receive competitive, performance-based bonuses, either annually or more frequently.
- Annual Incentive Plan (AIP): AIP awards are discretionary and based on individual and company performance, with opportunities to earn above-target bonuses in years with exceptional results. These awards consider not only what results a person achieved, but how they achieved them, rewarding behaviors that help create a productive and welcoming work environment for everyone.
- Employees in sales roles participate in our variable incentive compensation (VIC) program instead of AIP. VIC provides incentive pay awards commensurate with results for individuals in roles that directly influence sales.
- Employees in sales roles participate in our variable incentive compensation (VIC) program instead of AIP. VIC provides incentive pay awards commensurate with results for individuals in roles that directly influence sales.
- Pay transparency and pay equity: MassMutual publishes salary ranges in job postings and is committed to promoting pay equity. This includes providing pay equity training to managers, reviewing the pay of employees who perform similar work as a standard practice when making compensation recommendations, and partnering regularly with independent external experts to check our work.
- Benefits as part of Total Rewards: MassMutual invests in every aspect of their employees’ well-being, providing a rewards package that goes far beyond a paycheck to support them physically, mentally, and financially. Their robust healthcare, retirement and protection benefits provide a range of support through all of life’s big moments — and, over the years, they have expanded their pioneering leave programs so employees can better care for themselves and the people they love.
- Health benefits: MassMutual offers a comprehensive suite of health and wellness benefits, focusing on solutions that support holistic well-being, aimed at improving access and outcomes for all, and provide flexibility to meet our employees’ and their families’ unique needs. Employees value our wide array of benefits, with one sales assistant citing “great benefits and lots of flexibility,” and another employee describing the company’s “good leadership and benefits.” (MassMutual Careers Benefits; Glassdoor). In a 2026 employee survey, one employee noted “The organization offers a wide range of programs and benefits that meaningfully support employees and foster a positive, inclusive culture.”
- Retirement and financial benefits: MassMutual provides a 401(k) plan contribution of up to 10% of eligible compensation, including up to 5% company match on employee deferrals and, for all eligible employees, a 5% annual company contribution. The company also treats eligible student loan payments like 401(k) contributions for matching purposes. The company provides a Retiree Health Reimbursement Account to eligible employees; monthly credits start at age 45. (MassMutual Careers Benefits; MassMutual 2025 Annual Report)
- Additional health programs: MassMutual offers additional benefits such as a health savings account, access to a broad network of mental health resources and providers for employees and their family members, and resources like medical and surgery decision support, healthcare navigation services, and more. All employees also have access to a Well-Being Wallet, where they can be reimbursed for up to $1,250 per year for eligible physical, mental, or financial wellness related expenses.
- Other benefits: Employees have access to an array of resources to help strengthen their overall well-being and protect the ones they love, at every stage of life. Whether growing their family, volunteering in their community, planning their legacy, or looking to save on everyday expenses like pet or auto insurance, we offer financial benefits and corporate discounts to help.
- Employee Feedback on Benefits: MassMutual conducts regular employee surveys, and benefits continuously receive positive feedback. In their 2026 survey, one employee said “...the total benefits program here at MassMutual has to be one of the best, if not the very best. It seems this company goes out of its way to make sure their employees are well taken care of." With another employee sharing “The Well-Being Wallet, education reimbursement, time off & leave programs are top notch and unlike anything I've experienced”.
- Time off & leaves: MassMutual’s flexible time-off and leave programs support employees’ well-being, help them care for loved ones, and balance personal priorities. Offerings include inclusive caregiver, bereavement, and other essential leaves; generous parental leave and financial support for adoption and surrogacy; up to 24 hours of paid volunteer time annually; and generous vacation, flexible holidays, companywide paid holidays and remote work weeks, and five “take care days.”
- External signals:
- Benefits value: Employees on external review sites regularly highlight benefits as a strength, with reviews calling out “excellent benefits,” “great benefits” and a “great benefits package.” (Glassdoor; Indeed)
- Benefits and retention: Employees surveyed on external review sites rate MassMutual’s perks and benefits an A-, with 100% saying perks and benefits play a role in staying at the company. (Comparably)
Bottom line: MassMutual supports employee wellbeing through competitive salaries and bonus opportunities, strong retirement contributions, and benefits designed to support the financial, physical, and mental well-being of employees and their families.
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The Company
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
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
