Director, Derivatives Investment Controllership

Jobtome; Carteret (NJ); On-site; USD 180,000 - 250,000; Full time

Job summary

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead Investment Controllership for derivatives across insurance and non-insurance entities. You will drive process improvements, ensure GAAP and statutory accuracy, and partner with Investment Management Operations to optimize close cycles.

You will oversee reconciliations, analytics, footnotes reviews, and cross-functional initiatives, shaping controls and reporting in a fast-paced, collaborative

Qualifications

• Bachelor’s degree required.
• 8+ years in investment accounting/operations with derivatives.
• 3+ years in insurance GAAP + statutory (Schedule DB).
• 2+ years leading teams or 5+ years informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across insurance and non-insurance entities.
• Drive process improvements to accelerate close and enhance analytics.
• Manage monthly reconciliations between ledger and investment systems for derivatives.
• Oversee monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timeliness.
• Collaborate with Investment Office and Accounting Policy on GAAP/statutory treatment.
• Partner with Investment Middle Office to design subledger processes supporting derivatives accounting.

Skills

Leadership

Analytical

Communication

Detail-oriented

Teamwork

Problem solving

Education

Bachelor's degree

Tools

Aladdin

SQL

Job description

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead Investment Controllership for derivatives across insurance and non-insurance entities. You will drive process improvements, ensure GAAP and statutory accuracy, and partner with Investment Management Operations to optimize close cycles.

You will oversee reconciliations, analytics, footnotes reviews, and cross-functional initiatives, shaping controls and reporting in a fast-paced, collaborative