Director of Derivatives Investment Controllership

Jobtome

Long Beach (WA)

On-site

USD 170,000 - 210,000

Full time

9 days ago

Get a reply from this employer

Your resume and cover letter, tailored to exactly what they’re hiring for.

Get past ATS filters

Job summary

MassMutual seeks a Director of Investment Controllership for Derivatives to lead accounting across investment activities and derivative strategies. You will collaborate with Investment Management Operations, Controllers and policy teams to ensure accurate GAAP and statutory results, while driving process improvements and strong internal controls.

You will supervise monthly reconciliations, analytics, and footnotes reviews, and partner with the Investment Office to evolve hedging strategies

Qualifications

Bachelor’s degree required; CPA/CFA/CMA or equivalent certifications valued.
8+ years in Investment Accounting/Operations with derivative exposure.
3+ years in Insurance GAAP plus Statutory accounting including Schedule DB.
2+ years of people leadership; or 5+ years informal leadership.

Responsibilities

Lead investment accounting and controllership for derivatives across entities.
Own monthly reconciliations between ledger and investment systems for derivatives.
Oversee monthly analytics reports and present findings to stakeholders.
Review footnotes and NAIC Schedule DB for accuracy and timeliness.
Drive process redesign for derivatives to support new strategies.
Collaborate with Investment Office on 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.