Director, Derivatives Investment Controllership

Jobtome; Glen Rock (York County); On-site; USD 170,000 - 210,000; Full time

Job summary

MassMutual’s Controllers Organization of Corporate Finance seeks a Director Investment Controllership for derivatives. You will lead the investment accounting and controllership across multiple entities, driving process improvements and ensuring accurate GAAP and statutory results for derivative strategies.

You will oversee reconciliations, analytics, and footnote reviews, collaborating with Investment Management Operations and other teams to optimize performance and deliver timely financial

Qualifications

• Bachelor’s degree required in Finance or Accounting.
• 8+ years of progressive experience in Investment Accounting/Investment Operations including derivatives.
• 3+ years in insurance company Investment GAAP plus Statutory accounting including Schedule DB.

Responsibilities

• Lead investment accounting and controllership for derivatives across various entities.
• Oversee monthly reconciliations between ledger and investment systems for derivatives.
• Manage monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Lead process redesign efforts for derivatives and enhance analytics for quarterly results.
• Collaborate with Investment Policy to ensure GAAP and statutory accounting compliance.
• Partner with Investment Middle Office to design subledger processes supporting derivatives accounting.

Skills

Investment accounting

Derivative investments

Leadership

Analytical skills

Communication skills

GAAP knowledge

Education

Bachelor's degree in Finance or Accounting

CPA/CFA/CMA or equivalent designations

Tools

Aladdin platform

SQL

Job description

MassMutual’s Controllers Organization of Corporate Finance seeks a Director Investment Controllership for derivatives. You will lead the investment accounting and controllership across multiple entities, driving process improvements and ensuring accurate GAAP and statutory results for derivative strategies.

You will oversee reconciliations, analytics, and footnote reviews, collaborating with Investment Management Operations and other teams to optimize performance and deliver timely financial