Director, Derivatives Investment Controllership

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

Job summary

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead investment accounting and controllership for derivatives across insurance and non-insurance entities. You will drive process improvements, partner with Investment Management Operations, and ensure accurate GAAP and statutory results in a fast-paced, collaborative environment.

You will manage monthly reconciliations, analytics, footnotes reviews, and support hedging strategy implementations while

Qualifications

• Bachelor’s degree required; 8+ years in investment accounting/operations with derivative investments
• 3+ years experience in insurance GAAP and statutory accounting including Schedule DB
• 2+ years of people leadership or 5+ years informal leadership

Responsibilities

• Lead investment accounting and controllership for derivatives across entities.
• Oversight of monthly reconciliations between ledger and investment systems for derivatives.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Collaborate with Investment Management Operations and Policy to ensure GAAP and statutory alignment.

Skills

Leadership

Communication

Analytical skills

CPA/CFA/CMA or equivalent

Education

Bachelor’s degree

8+ years experience in Investment Accounting/Operations

3+ years GAAP + Statutory accounting including Schedule DB

Tools

Aladdin

SQL

Job description

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead investment accounting and controllership for derivatives across insurance and non-insurance entities. You will drive process improvements, partner with Investment Management Operations, and ensure accurate GAAP and statutory results in a fast-paced, collaborative environment.

You will manage monthly reconciliations, analytics, footnotes reviews, and support hedging strategy implementations while