Director, Derivatives Investment Controllership

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

Job summary

MassMutual seeks a Director in the Controllers Organization of Corporate Finance to lead the investment accounting and controllership for derivatives across various entities. The role focuses on ensuring accuracy of investment results under GAAP and statutory frameworks, and driving process improvements for an accelerated close.

You will collaborate with Investment Management Operations, Investment Managers, and cross-functional teams to deliver timely and complete investment accounting results

Qualifications

• 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 demonstrating informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across multiple entities, ensuring GAAP and statutory accuracy.
• Develop and implement process improvements to accelerate closes and enhance analytics.
• Oversee monthly reconciliations between ledgers and investment systems for derivatives.
• Prepare monthly analytics and present findings to stakeholders.
• Collaborate with Investment Management Operations and other Controllers teams.

Skills

Investment accounting

Derivative investments

Leadership

Education

Bachelor's degree

Tools

Aladdin platform

SQL

Job description

MassMutual seeks a Director in the Controllers Organization of Corporate Finance to lead the investment accounting and controllership for derivatives across various entities. The role focuses on ensuring accuracy of investment results under GAAP and statutory frameworks, and driving process improvements for an accelerated close.

You will collaborate with Investment Management Operations, Investment Managers, and cross-functional teams to deliver timely and complete investment accounting results