Director of Derivatives Investment Controllership

Jobtome

Belleville (IL)

On-site

USD 180,000 - 230,000

Full time

9 days ago

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Job summary

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead investment accounting and controllership for derivatives across multiple entities. The role emphasizes process improvement, close efficiency, and strong collaboration with Investment Management Operations and other control teams.

The position requires extensive knowledge of investment accounting, GAAP and statutory reporting, and leadership experience.

Qualifications

Bachelor’s degree required.
8+ years of investment accounting/operations experience including derivatives.
3+ years in investment GAAP plus statutory accounting with Schedule DB.
2+ years of people leadership or 5+ years informal leadership.

Responsibilities

Lead investment accounting and controllership for derivatives across entities.
Drive process improvements and timely, accurate accounting results.
Manage monthly reconciliations between ledger and investment systems for derivatives.
Oversee monthly analytics and present findings to stakeholders.
Review footnotes and NAIC Schedule DB for accuracy and timeliness.
Design process redesigns for derivatives and enhance analytics.
Collaborate with Investment Office on hedging strategies and accounting standards.
Partner with Investment Middle Office to support subledger processes.
Execute controls and interface with external auditors on derivative matters.
Ensure compliance with NAIC Model Audit Rule and internal controls.