Director, Derivatives Investment Controllership

Jobtome; Breezy Point (MN); On-site; USD 180,000 - 260,000; Full time

Job summary

MassMutual is seeking a Director of Investment Controllership focused on derivatives within the Controllers Organization of Corporate Finance. The role centers on leading accounting for derivatives across insurance and non-insurance entities, ensuring accurate GAAP and statutory results, and driving process improvements to accelerate close.

You will collaborate with Investment Management Operations, Investment Managers, and other Controllers teams to design operational processes and controls,

Qualifications

• Bachelor’s degree required.
• 8+ years of progressive experience in Investment Accounting and/or Investment Operations including derivative investments.
• 3+ years of experience in insurance company Investment GAAP combined with Statutory accounting including Schedule DB.
• 2+ years of experience as a people leader or 5+ years informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across multiple entities; ensure GAAP and statutory accuracy.
• Oversee monthly reconciliations between ledger and investment systems for derivatives.
• Prepare monthly analytics and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Drive process redesign for derivatives and evolve accounting standards.

Skills

Leadership

Analytical skills

Communication

Problem solving

Education

Bachelor's degree

Tools

Aladdin platform

SQL

Job description

MassMutual is seeking a Director of Investment Controllership focused on derivatives within the Controllers Organization of Corporate Finance. The role centers on leading accounting for derivatives across insurance and non-insurance entities, ensuring accurate GAAP and statutory results, and driving process improvements to accelerate close.

You will collaborate with Investment Management Operations, Investment Managers, and other Controllers teams to design operational processes and controls,