Director of Derivatives Investment Controllership

Jobtome; Omaha (NE); On-site; USD 180,000 - 240,000; Full time

Job summary

MassMutual seeks a Director in Investment Controllership for Derivatives to lead accounting and controllership across multiple entities. You will drive process improvements, manage reconciliations, and ensure accuracy of derivative results under GAAP and statutory frameworks.

Ideal candidates have deep investment accounting experience, strong leadership, and proactive collaboration with Investment Management Operations, Policy, and Audit teams in a fast-paced, evolving environment.

Qualifications

• 8+ years of progressive experience in Investment Accounting and/or Investment Operations including derivative investments.
• 3+ years of experience in insurance company Investment GAAP with Statutory accounting including Schedule DB.
• 2+ years of people leadership, or 5+ years informal leadership guiding colleagues.
• CPA, CFA, CMA or equivalent designations are preferred.
• Strong analytical, written, and verbal communication skills.

Responsibilities

• Lead investment accounting and controllership for derivatives across various entities.
• Manage 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 timely completion.
• Lead process redesign for derivatives and evolving accounting standards.
• Collaborate with Investment Office on hedging strategies and policy alignment.
• Partner with Investment Middle Office to design subledger processes.
• Execute controls to support derivative accounting and controllership.
• Serve as point of contact for external auditors on derivative matters.
• Perform ad hoc analyses and support special projects.

Skills

People leadership

Analytical skills

Written communication

Verbal communication

Cross-functional collaboration

Adaptability

Education

Bachelor's degree

CPA, CFA, CMA

Tools

Aladdin platform

SQL

Job description

MassMutual seeks a Director in Investment Controllership for Derivatives to lead accounting and controllership across multiple entities. You will drive process improvements, manage reconciliations, and ensure accuracy of derivative results under GAAP and statutory frameworks.

Ideal candidates have deep investment accounting experience, strong leadership, and proactive collaboration with Investment Management Operations, Policy, and Audit teams in a fast-paced, evolving environment.