Investment Accounting Associate Ii - Alternative Investments

Jobtome; Boston (MA); On-site; USD 90,000 - 130,000; Full time

Job summary

MassMutual is seeking an Accounting Associate II within the Investment Controllership team in a fulltime role based in Boston, MA or Springfield, MA. The position focuses on the development and execution of process improvements, meaningful analysis, and improved coordination with business partners for investment activities.

The role supports monthly, quarterly, and annual close cycles, and requires strong analytical skills and collaboration across teams to enhance financial controls and

Qualifications

• Bachelor's degree.
• CPA designation or progress toward certification preferred.
• Knowledge of 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.

Responsibilities

• Lead and support monthly, quarterly, and annual close cycles within Investment Controllership.
• Identify opportunities to improve processes and implement accounting improvements that add business value.
• Assist in implementing the Company's new ledger and related controls.
• Collaborate with Investment Management and cross-functional partners to drive efficiency.
• Participate in problem solving to improve quality, cycle times, and stakeholder satisfaction.
• Develop and maintain strong internal controls within the Investment Services Controllership team.

Skills

Analytical thinking

Communication skills

Collaboration

Adaptability

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.

You'll benefit from:

• 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.

MassMutual is an equal employment opportunity employer.

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