Director, Derivatives Investment Controllership

Jobtome; Little Falls Township (MN); On-site; USD 180,000 - 240,000; Full time

Job summary

MassMutual is seeking a Director of Investment Controllership for Derivatives to lead accounting and controllership across derivative activities. You will drive process improvements, coordinate with Investment Management Operations and other Controllers teams, and ensure accurate, timely reporting on GAAP and statutory bases.

You will oversee reconciliations, analytics, footnotes, and NAIC schedules while supporting hedging strategy implementations and system enhancements in a fast-paced,

Qualifications

• Bachelor’s degree.
• 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 of informal leadership.

Responsibilities

• Lead the investment accounting and controllership for derivatives across our entities.
• Drive process improvements to achieve an accelerated close with accurate results.
• Manage monthly reconciliations between the ledger and investment systems for derivatives.
• Oversee monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Lead and execute derivative process redesign and analytics enhancements.
• Collaborate with Investment Office on hedging strategies and accounting frameworks.
• Partner with Investment Middle Office to design subledger processes for derivatives.
• Execute controls in support of derivative accounting and controllership.
• Serve as a point of contact for external auditors on derivative matters.
• Perform ad hoc analysis and support special projects.

Skills

Analytical thinking

Written communication

Verbal communication

Leadership

Education

Bachelor’s degree

Tools

Aladdin platform

SQL

Job description

MassMutual is seeking a Director of Investment Controllership for Derivatives to lead accounting and controllership across derivative activities. You will drive process improvements, coordinate with Investment Management Operations and other Controllers teams, and ensure accurate, timely reporting on GAAP and statutory bases.

You will oversee reconciliations, analytics, footnotes, and NAIC schedules while supporting hedging strategy implementations and system enhancements in a fast-paced,