Identify and implement accounting improvements for efficiency
Benefits
Opportunities for professional growth and development
Collaborative work environment
Engagement in key projects and initiatives
Dynamic and agile work culture
Support for work-life balance
Full Job Description
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 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
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.
About Massachusetts Mutual Life Insurance Company (MassMutual)
Massachusetts Mutual Life Insurance Company (MassMutual) Careers
Joining the team at Massachusetts Mutual Life Insurance Company (MassMutual) offers more than just a job; it opens the door to a world of job opportunities where professional growth and personal development are encouraged and nurtured. Massachusetts Mutual Life Insurance Company (MassMutual) stands as a beacon of innovation, leadership, and diversity in the insurance industry.
Explore Career Opportunities
Massachusetts Mutual Life Insurance Company (MassMutual) is actively hiring and offers a variety of positions that cater to different skills and career aspirations. From entry-level roles to leadership positions, the company seeks passionate, creative, and solution-driven team players. Explore the numerous job opportunities at Massachusetts Mutual Life Insurance Company (MassMutual) to find a position that matches your skills and interests.
Internship Programs
Kickstart your career with Massachusetts Mutual Life Insurance Company (MassMutual)'s internship programs. These opportunities provide invaluable industry experience, networking prospects, and a chance to work on real projects that impact the company and its clients. Internships at Massachusetts Mutual Life Insurance Company (MassMutual) are a stepping stone to full-time employment and offer a deep dive into the culture and operations of a leading insurance provider.
Employee Benefits and Culture
Massachusetts Mutual Life Insurance Company (MassMutual) is committed to supporting its team members not only in their professional lives but also in their personal growth. The company offers comprehensive benefits designed to nurture the well-being of its employees and their families. The culture at Massachusetts Mutual Life Insurance Company (MassMutual) is built on a foundation of respect, integrity, and diversity, fostering an environment where everyone can thrive.
Professional Development and Growth
Career growth at Massachusetts Mutual Life Insurance Company (MassMutual) is propelled by continuous learning and development opportunities. The company invests in diversity training, leadership programs, and innovation workshops to ensure that every team member has the resources to advance their career. Employees are encouraged to expand their knowledge base and acquire new skills through various training and development programs.
Networking and Innovation
At Massachusetts Mutual Life Insurance Company (MassMutual), networking and innovation go hand in hand. Employees are encouraged to connect with colleagues and industry professionals, enhancing their career prospects and contributing to the company's leadership in the market. The collaborative environment ensures that innovative ideas are shared and celebrated.
Join the Massachusetts Mutual Life Insurance Company (MassMutual) Team
Search open positions that align with your career goals at Massachusetts Mutual Life Insurance Company (MassMutual). Prepare your resume, hone your interview skills, and get ready to join a team that values leadership and professional growth. Discover how Massachusetts Mutual Life Insurance Company (MassMutual) can transform your career aspirations into reality.
Stay Connected with Massachusetts Mutual Life Insurance Company (MassMutual) Careers
Keep up to date with the latest news, career tips, and industry insights from Massachusetts Mutual Life Insurance Company (MassMutual). Subscribe to receive updates that can help you navigate your career path and make informed decisions about your professional future.
Explore Jobs and Careers at Massachusetts Mutual Life Insurance Company (MassMutual)
Whether you are seeking a new challenge, a leadership role, or a collaborative team environment, Massachusetts Mutual Life Insurance Company (MassMutual) offers a dynamic and supportive workspace for everyone. Check out the latest job openings and embark on a rewarding career journey with Massachusetts Mutual Life Insurance Company (MassMutual).
