Director of Derivatives Investment Controllership

Jobtome; Howell Township (NJ); On-site; USD 180,000 - 250,000; Full time

Job summary

MassMutual seeks a Director of Investment Controllership for derivatives to lead accounting across multiple entities and drive accurate reporting and process improvements. This role demands strong leadership, deep derivative accounting knowledge, and collaboration with Investment Management and policy teams.

You will oversee reconciliations, analytics, and regulatory footnotes, while supporting hedging strategies and evolving GAAP/statutory standards in a fast-paced environment.

Qualifications

• Bachelor’s degree required; CPA/CFA/CMA designations preferred.
• 8+ years in Investment Accounting/Operations including derivatives.
• 3+ years leading teams or mentoring staff.

Responsibilities

• Lead investment accounting and controllership for derivatives across multiple entities.
• Oversee monthly reconciliations between ledger and investment systems.
• Prepare monthly analytics and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timeliness.
• Design process improvements for derivatives and evolving accounting standards.
• Collaborate with Investment Office to implement hedging strategies and subledger controls.
• Serve as primary liaison with external auditors on derivative matters.

Skills

Strong analytical skills

Excellent communication

Leadership

Education

Bachelor’s degree

Tools

Aladdin platform

SQL

Job description

MassMutual seeks a Director of Investment Controllership for derivatives to lead accounting across multiple entities and drive accurate reporting and process improvements. This role demands strong leadership, deep derivative accounting knowledge, and collaboration with Investment Management and policy teams.

You will oversee reconciliations, analytics, and regulatory footnotes, while supporting hedging strategies and evolving GAAP/statutory standards in a fast-paced environment.