Director, Derivatives Investment Controllership

Jobtome; Hasbrouck Heights (NJ); On-site; USD 170,000 - 225,000; Full time

Job summary

MassMutual seeks a Director in the Controllers Organization of Corporate Finance to lead investment accounting and controllership for derivatives across insurance and non-insurance entities. You will drive process improvements, analytics, and control execution in a fast-paced environment.

You will partner with Investment Management Operations and other teams, mentor staff, and ensure GAAP and statutory reporting accuracy while supporting accelerated close.

Qualifications

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

Responsibilities

• Lead the investment accounting and controllership for derivatives across multiple entities.
• Oversee monthly reconciliations between ledger and investment systems for derivatives.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Drive process redesign for derivatives and enhance analytics for quarterly results.
• Partner with Investment Office to implement hedging strategies and evolving GAAP/Statutory rules.
• Serve as a key point of contact for external auditors on derivative matters.

Skills

Leadership

Communication

Analytical thinking

Team collaboration

Education

Bachelor’s degree

Tools

Aladdin

SQL

Job description

MassMutual seeks a Director in the Controllers Organization of Corporate Finance to lead investment accounting and controllership for derivatives across insurance and non-insurance entities. You will drive process improvements, analytics, and control execution in a fast-paced environment.

You will partner with Investment Management Operations and other teams, mentor staff, and ensure GAAP and statutory reporting accuracy while supporting accelerated close.