Director, Derivatives Investment Controllership

Jobtome; Clifton (NJ); On-site; USD 180,000 - 260,000; Full time

Job summary

MassMutual seeks a Director of Investment Controllership (Derivatives) to lead the investment accounting function across various insurance and non-insurance entities. You will oversee derivative accounting, ensure GAAP and statutory accuracy, and drive process improvements to accelerate close cycles.

You will manage a high-profile team, collaborate with Investment Management Operations, and partner with the Investment Office to design robust subledger processes.

Qualifications

• Bachelor’s degree required.
• 8+ years in Investment Accounting/Investment Operations including derivatives.
• 3+ years in insurance company Investment GAAP plus Statutory including Schedule DB.
• 2+ years in people leadership or 5+ years informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across multiple entities.
• Ensure GAAP and statutory accounting accuracy for derivatives results.
• Oversee monthly reconciliations between ledger and investment systems.
• Prepare monthly analytics and present findings to stakeholders.
• Drive process redesign and enhancements for derivatives accounting.

Skills

Investment accounting

Derivatives

Leadership

Analytical skills

Communication

Aladdin platform

SQL

Education

Bachelor's degree

Tools

Aladdin

SQL

Job description

MassMutual seeks a Director of Investment Controllership (Derivatives) to lead the investment accounting function across various insurance and non-insurance entities. You will oversee derivative accounting, ensure GAAP and statutory accuracy, and drive process improvements to accelerate close cycles.

You will manage a high-profile team, collaborate with Investment Management Operations, and partner with the Investment Office to design robust subledger processes.