Director, Derivatives & Investment Controllership

Jobtome; Town of Harrison (WI); On-site; USD 190,000 - 230,000; Full time

Job summary

MassMutual’s Controllers Organization of Corporate Finance is seeking a Director of Investment Controllership for derivatives to lead accounting and control across investment activities. The role partners with Investment Management Operations and other Controllers teams to drive process improvements and ensure GAAP and statutory accuracy.

You will oversee monthly reconciliations between the ledger and investment systems, oversee analytics reporting, footnotes review, and collaborate on hedging

Qualifications

• Bachelor’s degree in finance, accounting, or related field.
• 8+ years in investment accounting/operations with derivatives.
• 3+ years in insurance GAAP plus Statutory accounting including Schedule DB.
• 2+ years leading people OR 5+ years informal leadership.
• CPA, CFA, CMA or equivalent designation.
• Experience with Aladdin platform and SQL is a plus.

Responsibilities

• Lead investment accounting and controllership for derivatives across insurance and non-insurance entities.
• Drive process improvements to accelerate close and improve analytics.
• Oversee monthly reconciliations between ledger and investment systems for derivatives.
• Prepare monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Lead re-design efforts for derivatives accounting in response to strategy changes.
• Collaborate with Investment Office on hedging strategies and accounting standards.
• Partner with Investment Middle Office to design subledger processes.
• Serve as contact for external auditors on derivative matters.

Skills

Leadership

Analytical

Communication

Cross-functional

Agile

Education

Bachelor's degree

Tools

Aladdin platform

SQL

Job description

MassMutual’s Controllers Organization of Corporate Finance is seeking a Director of Investment Controllership for derivatives to lead accounting and control across investment activities. The role partners with Investment Management Operations and other Controllers teams to drive process improvements and ensure GAAP and statutory accuracy.

You will oversee monthly reconciliations between the ledger and investment systems, oversee analytics reporting, footnotes review, and collaborate on hedging