MassMutual

Investment Accounting Manager – Securities

MassMutual

full-time

Posted on:

Location Type: Hybrid

Location: Springfield • Massachusetts • 🇺🇸 United States

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Salary

💰 $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