Director, Derivatives Investment Controllership

Jobtome; Westfield (MA); On-site; USD 180,000 - 260,000; Full time

Job summary

MassMutual seeks a Director in Investment Controllership to lead derivative accounting across our insurance and non-insurance entities. You will orchestrate close processes, ensure GAAP and statutory accuracy, and partner with Investment Management Operations to drive analytics and improvements.

You will build a high-performing team, manage monthly reconciliations, and support external auditors while advancing controls in a fast-paced, collaborative environment aligned with MassMutual’s mutual

Qualifications

• Bachelor’s degree required.
• 8+ years of progressive investment accounting/operations, including derivatives.
• 3+ years in insurance GAAP with Schedule DB.

Responsibilities

• Lead investment accounting and controllership for derivatives across entities.
• Drive process improvements and accelerated close for timely results.
• Coordinate with Investment Management Operations and other Controllers teams.
• Manage monthly reconciliations between ledger and investment systems for derivatives.
• Oversee monthly analytics reports and present findings.
• Interface with external auditors on derivative matters.
• Ensure compliance with NAIC Model Audit Rule and internal controls.

Skills

Investment accounting

Leadership

Analytical skills

Communication

Derivative investments

GAAP knowledge

Education

Bachelor's degree

Tools

Aladdin

SQL

Job description

MassMutual seeks a Director in Investment Controllership to lead derivative accounting across our insurance and non-insurance entities. You will orchestrate close processes, ensure GAAP and statutory accuracy, and partner with Investment Management Operations to drive analytics and improvements.

You will build a high-performing team, manage monthly reconciliations, and support external auditors while advancing controls in a fast-paced, collaborative environment aligned with MassMutual’s mutual