Director of Derivatives Investment Controllership

Jobtome; Plainfield (NJ); On-site; USD 180,000 - 260,000; Full time

Job summary

MassMutual seeks a Director in the Controllers Organization of Corporate Finance to lead investment accounting and controllership for derivatives across multiple entities. You will drive process improvements, analytics, and controls in a fast-paced, collaborative environment.

You will partner with Investment Management Operations and other teams to ensure GAAP and statutory reporting accuracy, accelerate close, and support hedging strategies while mentoring a team of accounting professionals.

Qualifications

• Bachelor’s degree in Finance or related field.
• 8+ years in Investment Accounting/Operations incl. derivatives.
• 3+ years in insurance Investment GAAP + Statutory incl. Schedule DB.
• 2+ years in people leadership or 5+ years informal leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives.
• Manage monthly reconciliations between ledger and investment systems.
• Prepare monthly analytics and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy.
• Lead process redesign for derivatives and enhanced analytics.
• Support hedging strategies and ensure GAAP/statutory compliance.
• Collaborate with Investment Middle Office to design subledger processes.
• Serve as a point of contact for external auditors.
• Ensure controls align with NAIC Model Audit Rule.

Skills

Analytical skills

Communication

Leadership

Education

Bachelor’s degree

Tools

Aladdin platform

SQL

Job description

MassMutual seeks a Director in the Controllers Organization of Corporate Finance to lead investment accounting and controllership for derivatives across multiple entities. You will drive process improvements, analytics, and controls in a fast-paced, collaborative environment.

You will partner with Investment Management Operations and other teams to ensure GAAP and statutory reporting accuracy, accelerate close, and support hedging strategies while mentoring a team of accounting professionals.