Director, Derivatives Investment Controllership

Jobtome; Nutley Township (SD); On-site; USD 180,000 - 250,000; Full time

Job summary

MassMutual seeks a Director of Investment Controllership for derivatives to lead accounting and controllership across multiple entities. You will drive process improvements, ensure GAAP and statutory accuracy, and partner with Investment Management Operations and other Controllers teams.

You will guide a high-performing team, manage monthly reconciliations, analytic reports, and footnotes reviews while refining hedging strategies and evolving accounting standards.

Qualifications

• Bachelor’s degree required.
• 8+ years in investment accounting/operations including derivative investments.
• 3+ years in investment GAAP with statutory accounting including Schedule DB.
• 2+ years leading people OR 5+ years informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across multiple entities.
• 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 process redesign for derivatives and enhance analytics for quarterly results.
• Collaborate with Investment Office to implement hedging strategies and ensure GAAP/statutory reflection.
• Partner with Investment Middle Office to design subledger processes supporting derivatives accounting.
• Execute and oversee controls that support derivative accounting.
• Serve as a point of contact for external auditors on derivative matters.

Skills

Strong analytical

Written and verbal communication

Leadership

Education

Bachelor’s degree

Tools

Aladdin platform

SQL

Job description

MassMutual seeks a Director of Investment Controllership for derivatives to lead accounting and controllership across multiple entities. You will drive process improvements, ensure GAAP and statutory accuracy, and partner with Investment Management Operations and other Controllers teams.

You will guide a high-performing team, manage monthly reconciliations, analytic reports, and footnotes reviews while refining hedging strategies and evolving accounting standards.