Investment Accounting Associate II - Derivatives

MassMutual; Boston (MA); Híbrido; USD 90 000 - 130 000; Tempo integral

Resumo da oferta

MassMutual seeks an Investment Accounting Associate II to support derivatives accounting and close processes within the Investment Controllership team. The role interacts with Investment Management and Operations across a dynamic, agile environment and reports to the Director of Derivatives Controllership.

The ideal candidate will bring multi-year experience in investment accounting, strong Excel abilities, and a keenness to improve processes and controls in a complex corporate setting.

Qualificações

• Bachelor’s degree required; 4+ years in investment accounting or financial reporting
• Strong Excel skills with complex formulas, PivotTables, and large datasets
• Experience with investment GAAP and statutory accounting incl. Schedule DB

Responsabilidades

• Assist with monthly, quarterly, and annual close cycles for derivatives
• Collaborate with Investment Management and Operations on close cycles
• Support system improvements and implementations
• Prepare internal and external audit requests
• Identify accounting improvements to increase efficiency

Conhecimentos

Excel

Communication

Analytical skills

SQL

Tableau

Alteryx

Formação académica

Bachelor's degree

Ferramentas

Aladdin

Descrição da oferta de emprego

Investment Accounting Associate II - Derivatives

Controllers Organization of Corporate Finance

Full-Time/New York, NY and Boston, Massachusetts;

The Opportunity

This Investment Accounting Associate II role is a key representative of our Investment Controllership team. The position reports to the Director of Derivatives Controllership 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.

The Team

The Investment Controllership team is a high-profile team in the Controllers organization, comprised of accounting professionals who oversee our various asset classes and investment activities. The team continues to grow in support of our growing level of assets, key initiatives, and special projects. Our team is driven to provide timely and accurate financial information to our customers. We pride ourselves on working with agility and being a reliable source of information in the organization while continuously improving how we work together as a team to make our processes better.We pride ourselves on working with agility and being a reliable source of information in the organization while continuously improving how we work together as a team to make our processes better.

We are seeking a candidate with strong communication skills, a forward-thinking mindset, and deep intellectual curiosity to join the team who can make meaningful impact to the organization.

The Impact

• Create an environment whereby the team is inspired, engaged and motivated by 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 courses to adapt to changing circumstances.
• Work closely with Investment Management and Operations on close cycles. Prepare and review internal and external audit request.
• Actively participate in the implementation of the Company’s key projects, such as system improvement and implementation
• Responsible for ongoing activities as part of the monthly, quarterly and annual close cycles

• Execute processes and controls that support derivative accounting and controllership.

• Uses professional insight to identify and implement accounting improvements that increase the business value and efficiency of the team.
• Participating in problem solving to improve quality, cycle times, increase efficiencies, improve controls within the Investment Controllership team.

The Minimum Qualifications

• Bachelor’s degree
• 4+ years of related work experience in investment/fund accounting or financial reporting with a track record of increasing responsibility
• 2+ years of experience with Microsoft Excel, including experience with complex formulas, PivotTables, data analysis and large financial datasets

The Ideal Qualifications

• 6+ years of related work experience
• CPA, CMA or equivalent designations preferred
• Experience in financial service industry or insurance company investment GAAP and Statutory accounting including Schedule DB
• Experience with Investment software such as Aladdin
• Strong analytical skills: ability to analyze financial data sets and tell the story of the data.
• Experience with SQL or data analytics software such as Tableau and Alteryx is a plus
• Proven ability to complete high quality work efficiently and increase autonomy over time
• Able to build and maintain strong working relationships across cross-functional groups
• Excellent communication skills with the ability to express ideas in and articulate in an organized and persuasive manner to internal and external stakeholders.
• Able to work well in a dynamic and agile environment while assisting the team in execution of various priorities and related deliverables
• Intellectual curiosity to continue learning and adding breadth and depth to understanding
• Experience analyzing new investments and accounting guidance to drive appropriate and preferred investment accounting and reporting across the Company and subsidiaries
• Experience with system conversion or subledger implementation

What to Expect as Part of MassMutual and the Team

MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect:

• Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
• A collaborative environment where perspectives are welcomed
• Access to learning, development, and internal networks that support continuous growth and skill-building over time
• Employee-led communities and forums that foster connection, learning, and inclusion across the organization
• A culture grounded in integrity, responsibility, and stewardship—supported by a company with a strong legacy and a future-focusedmindset

#LI-CR37

MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.