Director of Derivatives Investment Controllership

Jobtome; Rutherford (PA); On-site; USD 180,000 - 260,000; Full time

Job summary

MassMutual seeks a Director in the Controllers Organization of Corporate Finance to lead derivatives accounting and controllership across investments for both insurance and non-insurance entities. You will drive process improvements, provide deep analyses, and coordinate with Investment Management Operations and other Controllers teams.

You will oversee reconciliations, analytics, and footnote reviews, contributing to an accelerated close while maintaining accuracy and regulatory compliance.

Qualifications

• Broad experience in investment accounting and/or investment operations with derivatives.
• Strong analytical, written, and verbal communication skills.
• CPA, CFA, CMA or equivalent designations are desirable.

Responsibilities

• Lead investment accounting and controllership for derivatives across entities; ensure GAAP/STAT accuracy.
• 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.
• Drive process redesign for derivatives and support new hedging strategies.

Skills

Strong 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 derivatives accounting and controllership across investments for both insurance and non-insurance entities. You will drive process improvements, provide deep analyses, and coordinate with Investment Management Operations and other Controllers teams.

You will oversee reconciliations, analytics, and footnote reviews, contributing to an accelerated close while maintaining accuracy and regulatory compliance.