Investment Accounting Associate II - Alternative Investments

Hiltonwoodclifflake; Boston (MA); On-site; USD 100,000 - 131,000; Full time

Benefits offered by this job

Competitive salary

Bonus opportunities

Professional development resources

Mentoring and internal networking

Job summary

MassMutual is seeking an Accounting Associate II to support investment accounting within the Financial Controllership team. The role reports to the Director of Partnerships and participates in monthly, quarterly, and annual close cycles, driving improvements and coordinating with business partners across Investment activities.

The ideal candidate has 4+ years in investment accounting, strong Excel skills (PivotTables, data analysis), and a CPA or progress toward certification is preferred.

Qualifications

• Bachelor's degree is required.
• 4+ years of investment accounting experience with increasing levels of responsibility.
• 2+ years of experience with Microsoft Excel, including PivotTables and data analysis.

Responsibilities

• Support monthly, quarterly and annual close cycles.
• Identify and implement accounting improvements to increase efficiency and business value.
• Lead continuous improvement activities within Investment Controllership.
• Collaborate with Investment Management and cross-functional teams to enhance processes.

Skills

Investment accounting

Excel / PivotTables

Data analysis

Education

Bachelor's degree

Tools

Microsoft Excel

Job description

Accounting Associate II - Alternative Investments
Investment Controllership/Corporate Controllership
Fulltime/Boston, MA or Springfield, MA

The Opportunity

The Accounting Associate II position reports to the Director of Partnerships and resides within the Financial Controllership team, a critical team within the Controllers Organization which aspires to be best in class financial stewards for MassMutual. This is an opportunity for an individual who thrives in a highly dynamic and agile accounting environment to collaborate across teams focused on solid execution and improving outcomes. We are seeking an accounting professional who wants to join a highly motivated team of professionals focused on proactively driving the development and execution of process improvements, meaningful analysis and improved coordination with the business partners for Investment activities.

The Team

As a member of the Financial Controllership Team, the incumbent will be involved in shaping the future of the organization, supporting both the on-going growth and analysis within the Investment Controllership team and other key initiatives

The Impact

• Creates an environment whereby the team is inspired, engaged and motivated by identifying opportunities to learn and grow.
• Manages priorities effectively and adapt quickly to achieve goals while developing efficiencies and established methods in the process.
• Thrives in a complex corporate structure and comfortably switch gears and alter course to adapt to changing circumstances.
• Plays a key role in leading a collaborative and inclusive culture by working closely with Investment Management
• Actively participate in the implementation of the Company's new ledger
• Responsible for ongoing activities as part of the monthly, quarterly and annual close cycles
• Uses professional insight to identify and implement accounting improvements that increase the business value and efficiency of the team.
• Initiates and/or leads increasingly complex continuous improvement activities.
• Participating in problem solving to improve quality, cycle times, increase efficiencies, improve employee engagement and customer satisfaction within the Investment Services Controllership team.
• Makes recommendations to continuously improve the overall control environment of the Investment Services Controllership team

The Minimum Qualifications

• Bachelor's degree
• 4+ years of investment accounting experience with increasing levels of responsibility
• 2+ years of experience with Microsoft Excel, including experience with complex formulas, PivotTables, data analysis and large financial datasets

The Ideal Qualifications

• CPA designation or progress toward certification preferred
• Knowledge of statutory (STAT) and GAAP accounting
• Strong analytical skills, including the ability to interpret financial data and clearly communicate the story behind the results
• Demonstrated ability to deliver high-quality work efficiently and operate with increasing independence
• Ability to build and maintain strong relationships across cross-functional teams and with third parties
• Excellent written and verbal communication skills, with the ability to present ideas clearly, professionally, and persuasively to leaders, colleagues, and third parties
• Ability to succeed in a dynamic, agile environment
• Intellectual curiosity and a commitment to continuous learning

Why Join MassMutual

At MassMutual, you'll do meaningful work for a company driven by a longstanding commitment to helping people secure their financial future. We invest in our employees' growth and provide opportunities to make an impact from day one.

• Meaningful work that connects directly to business performance and customer outcomes.
• Opportunities to learn, grow, and expand your accounting and finance expertise.
• A collaborative and inclusive team environment where diverse perspectives are valued.
• Access to professional development resources, mentoring, and internal networking opportunities.
• Employee resource groups and communities that foster connection, learning, and belonging.
• A culture built on integrity, accountability, and continuous improvement.

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Salary Range:

$99,800-$131,000

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We've been around since 1851. During our history, we've learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with in