Director, Derivatives Investment Controllership

Jobtome; Woodbridge Township (MI); On-site; USD 190,000 - 260,000; Full time

Job summary

MassMutual is seeking a Director in Investment Controllership to lead derivatives accounting across multiple entities. You will drive process improvements, analytics, and control execution for investment activities, partnering with Investment Management Operations and other Controllers teams to deliver accurate financial results.

The role requires strong communication, advanced technical knowledge of derivative accounting, and the ability to operate in a fast-paced, evolving environment.

Qualifications

• 8+ years in investment accounting or operations with derivatives.
• 3+ years of Investment GAAP plus Statutory accounting knowledge incl. Schedule DB.
• 2+ years in people leadership or 5+ years guiding colleagues.

Responsibilities

• Lead investment accounting and controllership for derivatives across asset classes.
• Manage monthly reconciliations between ledger and investment systems for derivatives.
• Oversee monthly analytics and present findings to stakeholders.
• Ensure footnotes and NAIC Schedule DB accuracy and timely completion.
• Drive process redesign to support evolving derivative strategies and analytics.
• Collaborate with Investment Office to implement hedging strategies and accounting standards.
• Partner with Investment Middle Office to design subledger processes.
• Serve as point of contact for external auditors on derivative matters.

Skills

Analytical skills

Written communication

Team collaboration

Deadline-driven

Education

Bachelor’s degree in Accounting/Finance

CPA CFA CMA or equivalent

Tools

Aladdin platform

SQL

Job description

MassMutual is seeking a Director in Investment Controllership to lead derivatives accounting across multiple entities. You will drive process improvements, analytics, and control execution for investment activities, partnering with Investment Management Operations and other Controllers teams to deliver accurate financial results.

The role requires strong communication, advanced technical knowledge of derivative accounting, and the ability to operate in a fast-paced, evolving environment.