Director, Derivatives Investment Controllership

Jobtome; Roselle Park (NJ); On-site; USD 150,000 - 230,000; Full time

Job summary

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead derivatives investment accounting and controllership across multiple entities. You will drive process improvements, ensure GAAP and statutory reporting accuracy, and partner with investment management and policy teams.

As a senior leader, you will shape controls, analytics, and close processes, mentor staff, and collaborate across the organization to deliver timely results in a fast-paced environment.

Qualifications

• Bachelor’s degree.
• 8+ years of progressive experience in Investment Accounting and/or Investment Operations including derivative investments with understanding of upstream and downstream impacts.
• 3+ years of experience in insurance GAAP with Statutory accounting including Schedule DB.
• 2+ years in people leadership or 5+ years informal leadership.
• CPA, CFA, CMA or equivalent designations.
• Experience with Aladdin platform and SQL is a plus.

Responsibilities

• Lead investment accounting and controllership for derivatives across multiple entities.
• Support accelerated close with timely, accurate results.
• Manage monthly reconciliations between ledger and investment systems for derivatives.
• Oversee monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timeliness.
• Drive process redesign for derivatives and enhance analytics.
• Collaborate with Investment Office on hedging strategies and accounting standards.
• Partner with Investment Middle Office to design subledger processes.
• Execute and oversee controls for derivative accounting.
• Serve as the point of contact for external auditors on derivative matters.
• Perform control functions per NAIC requirements.
• Conduct ad hoc analyses and support special projects.

Skills

Leadership

Analytical thinking

Communication

Team collaboration

Education

Bachelor’s degree

CPA / CFA / CMA preferred

Tools

Aladdin

SQL

Job description

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead derivatives investment accounting and controllership across multiple entities. You will drive process improvements, ensure GAAP and statutory reporting accuracy, and partner with investment management and policy teams.

As a senior leader, you will shape controls, analytics, and close processes, mentor staff, and collaborate across the organization to deliver timely results in a fast-paced environment.