Director - Derivatives Investment Controllership

Jobtome; Village of Larchmont (NY); On-site; USD 140,000 - 170,000; Full time

Job summary

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead the investment accounting and controllership for derivatives across multiple entities. You will drive accurate financial results, improve processes, and ensure compliance with GAAP and statutory requirements.

You will supervise a high-performing team, partner with Investment Management Operations and other Controllers groups, and influence strategic initiatives while maintaining strong controls and

Qualifications

• Bachelor’s degree required.
• 8+ years of progressive experience in Investment Accounting and/or Investment Operations including derivative investments.
• 3+ years in insurance company Investment GAAP and Statutory accounting including Schedule DB.
• 2+ years in people leadership or 5+ years informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across assets.
• 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.
• Drive process redesign for derivatives and enhance analytics for quarterly results.
• Collaborate with Investment Office to implement hedging strategies and ensure GAAP compliance.

Skills

Analytical skills

Communication skills

Team leadership

Adaptability

Attention to detail

Education

Bachelor’s degree

Tools

Aladdin

SQL

Job description

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead the investment accounting and controllership for derivatives across multiple entities. You will drive accurate financial results, improve processes, and ensure compliance with GAAP and statutory requirements.

You will supervise a high-performing team, partner with Investment Management Operations and other Controllers groups, and influence strategic initiatives while maintaining strong controls and