Investment Accounting Associate - Corporate Subsidiaries

Full job description
Investment Accounting Associate, Corporate Subsidiaries

Financial Controllership

Full-Time

Boston MA or Springfield MA

The Opportunity

This position is a key contributor on the team that manages and executes corporate accounting and analysis, including oversight of financial reporting outcomes of MassMutual subsidiaries and benefit plans. This position resides within the Financial Controllership 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 seeking solid execution and improving outcomes. This is an opportunity for an accounting professional who wants to join a highly motivated team of professionals focused on proactively driving the development and execution of process improvement, meaningful analysis and control execution for corporate accounting activities.

We look forward to returning to the office in a hybrid structure to maximize collaboration and flexibility, blending time working remotely and in the office.

The Team

The Corporate Subsidiaries Controllership team is a high-profile team in the controller’s organization which oversees our various legal entities, leads special projects, and maintains strong relationships across the organization. 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 processes better. The team continues to grow due to the growing level of subsidiaries and number of projects and initiatives that we lead.

The Impact:

Analyze trends and results, use strong business acumen and communication skills collaborating with peers and the financial reporting team to draft and contribute to commentary which enables readers to quickly understand how performance is impacting financial results.
Contributes to periodic financial results review and analysis and manages cross functional projects including new legal entity creation, restructuring and dissolution.
Develops, documents, and assures adherence to an internal control framework that ensures accurate and timely financial reporting. Makes recommendations to continuously improve the overall control environment. Monitors the control environment of subsidiary accounting, including accounting performed by vendors. Ensures policies and procedures are adhered to.
Effectively collaborates with accounting policy, close consolidations, investment controllership, corporate tax, FPA, expense management, cash operations, investment management operations, financial reporting, capital management and corporate shared services.
Uses professional insight to identify and implement accounting improvements that increase the business value and efficiency of the team. Initiates and/or leads increasingly complex projects and continuous improvement activities that may span beyond the scope of the team's responsibilities. Responsible for leading problem solving to improve quality, close cycle times, increase efficiencies, improve employee engagement and customer satisfaction.
The Minimum Qualifications

Bachelor’s degree in accounting or finance
4+ years’ experience working in a large sophisticated corporate environment with knowledge and experience in U.S. GAAP
The Ideal Qualifications

Continuous improvement mindset
Demonstrated versatility partnering with and influencing business leaders and peers across the organization
Strong multi-tasking skills and ability to adapt to change
CPA or progress towards a plus, public accounting experience
Ability to proactively take ownership of projects and drive them through to completion
Experience in identifying internal control issues and remediation efforts
Experience in project managing high profile projects that need collaboration across multiple groups
Preferred experience working with and supporting several corporate units
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 Financial 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 business with industry leading pay and benefits
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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.

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