
Investment Accounting Manager – Securities
MassMutual
full-time
Posted on:
Location Type: Hybrid
Location: Springfield • Massachusetts • 🇺🇸 United States
Visit company websiteSalary
💰 $128,000 - $168,000 per year
Job Level
SeniorLead
About the role
- This Investment Accounting Manager role reports to the Director of Securities Accounting and Controllership and resides within the Financial Controllership team, a critical team within the Controllers Organization
- Collaborate across teams focused on solid execution and improving outcomes
- Responsible for ongoing activities as part of the monthly, quarterly, and annual close cycles
- Participates in creating or reviewing, analyzing, and presenting monthly financial analysis reports to senior management
- Performs or reviews reconciliations of investment data for ledger tie outs
- Reviews periodic journal entries
- Analyze financial reports and investment data for trends and impacts to investment values and P&L activity
- Support annual regulatory financial statement audit requests
- Participate in auditor discussions
- 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 Securities team
- Makes recommendations to continuously improve the overall control environment of the securities team
Requirements
- Bachelor’s degree
- 8+ years of related work experience with a track record of increasing responsibility
- 4+ years experience with U.S. GAAP
- CPA or CFA preferred
- STAT experience a plus
- Master’s degree preferred
- Knowledge and experience of investments
- Strong analytical skills: ability to analyze financial data sets and tell the story of the data
- Proven ability to complete high quality work efficiently and increase autonomy over time
- Experience analyzing new investments and accounting guidance to drive appropriate and preferred investment accounting and reporting across the Company and subsidiaries
- Experience with system implementations preferred
- Excellent verbal and written communication skills with the ability to express ideas in and articulate in an organized and persuasive manner to leadership, and staff, etc.
- Able to work well in a dynamic and agile environment while leading the team in execution of various priorities and related deliverables
- Intellectual curiosity to continue learning and adding breadth and depth to understanding
Benefits
- Regular meetings with the Investment Controllership team
- Focused one-on-one meetings with your manager
- Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
- Access to learning content on Degreed and other informational platforms
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial analysisreconciliationsjournal entriesU.S. GAAPinvestment accountingdata analysissystem implementationscontinuous improvementP&L analysisregulatory financial statements
Soft skills
analytical skillscommunication skillsproblem solvingleadershipcollaborationorganizational skillsautonomyintellectual curiositycustomer satisfactionemployee engagement
Certifications
CPACFA