Director of Derivatives Investment Controllership

Jobtome; Fort Gregg-Adams (VA); On-site; USD 180,000 - 270,000; Full time

Job summary

MassMutual is seeking a Director of Investment Controllership to lead derivatives accounting across both insurance and non-insurance entities. You will drive process improvements, deliver meaningful analytics, and ensure robust controls in a fast-paced environment.

The role requires deep GAAP and statutory knowledge, strong leadership, and collaboration with Investment Management Operations to advance controls and close timelines.

Qualifications

• Bachelor’s degree in Finance or Accounting or related field.
• 8+ years in Investment Accounting/Operations including derivative investments.
• 3+ years experience in insurance Investment GAAP and Statutory accounting including Schedule DB.

Responsibilities

• Lead investment accounting and controllership for derivatives across multiple entities.
• Manage monthly reconciliations between ledger and investment systems for derivatives.
• Oversee the preparation of monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Lead process redesign efforts for derivatives and evolving accounting standards.
• Partner with Investment Middle Office to design subledger processes for derivatives.

Skills

Analytical skills

Written communication

Verbal communication

Leadership

Adaptability

Education

Bachelor’s degree

Tools

Aladdin platform

SQL

Job description

MassMutual is seeking a Director of Investment Controllership to lead derivatives accounting across both insurance and non-insurance entities. You will drive process improvements, deliver meaningful analytics, and ensure robust controls in a fast-paced environment.

The role requires deep GAAP and statutory knowledge, strong leadership, and collaboration with Investment Management Operations to advance controls and close timelines.