Manager, Investment Accounting at Massachusetts Mutual Life Insurance Company — BranchFactor

BranchFactor Summary

The original posting with the fluff stripped out

Expected experience: 6+ yrs
Management level: Individual contributor
Employment: Hybrid
Contract: Full-time

Compensation

Base salary	US$128,000 – US$168,000 / yr

Role speciality

Investment Accounting Income Governance

Useful technologies

Excel PowerPoint Power BI Alteryx

Required qualifications

CertificationsCPA

Preferred qualifications

CertificationsCfa

Field of studyFinance, Accounting (or related)

Study levelBachelor's or higher

Original posting

Manager, Investment Accounting - Income Governance

Investment Controllership
Full-Time | Boston, MA or Springfield, MA

This is an individual contributor role

The Team

The Investment Controllership Governance team is responsible for ensuring the accuracy, integrity, and reliability of accounting information received from the Investment Operations securities system. Working closely with Investment Operations and Investment Controllership, the team plays a key role in maintaining a strong control environment while driving continuous process improvements.

As a member of this newly formed team, you'll have the opportunity to help shape and enhance critical investment accounting processes, leverage technology and automation solutions, and contribute to a culture focused on operational excellence and continuous improvement.

The Opportunity

This role is a key position within our Investment Controllership organization. Reporting to the Director of Investment Operational Accounting Governance, you'll join the Financial Controllership team, an important part of the Controllers Organization dedicated to delivering accurate financial reporting and strong financial stewardship.

This role is ideal for a collaborative accounting professional who thrives in a dynamic environment, enjoys solving complex problems, and is passionate about improving processes and controls. You'll work across teams to analyze financial information, strengthen accounting operations, and support strategic initiatives that drive business outcomes.

The Impact

In this role, you'll be a key contributor responsible for overseeing the review, reconciliation, and analysis of investment accounting data across insurance companies and subsidiaries. You'll help ensure financial information is accurate, controls are operating effectively, and exceptions are resolved in a timely manner.

You'll partner closely with internal stakeholders and external consultants, giving you broad exposure across the Controllers Organization, Corporate Finance, and Investment Management teams. Success in this role requires strong analytical capabilities, the ability to work with large and complex data sets, and a continuous improvement mindset.

Your responsibilities will include a combination of the following:

Partner with teams across Securities Controllership, Alternative Investments, Derivatives, Investment Management Operations, Treasury, PMO, ERM, and other business areas.
Support the implementation of the company's new general ledger and other strategic finance initiatives.
Prepare, review, analyze, and present monthly financial reporting and analysis to management.
Conduct research, analysis, and data validation to support the preparation and review of complex account reconciliations.
Identify, investigate, and reconcile differences across investment and accounting systems.
Recommend and implement solutions for process issues, exceptions, and control gaps.
Analyze and interpret financial information to ensure accuracy, completeness, and compliance with company policies and regulatory requirements.
Maintain complex account records and supporting documentation with a high degree of accuracy and attention to detail.
Collaborate with internal business partners to resolve accounting and investment-related issues.
Lead and participate in continuous improvement initiatives that enhance efficiency, accuracy, and operational effectiveness.
Contribute to problem-solving efforts that improve quality, reduce cycle times, increase team effectiveness, and enhance stakeholder satisfaction.
Recommend enhancements to strengthen the overall investment accounting control environment.

The Minimum Qualifications

Bachelor's degree in Accounting, Finance, or a related field.
6+ years of experience in investment accounting, insurance accounting, or a related accounting function.
6+ years of experience applying U.S. GAAP and/or Statutory (STAT) accounting principles.

The Ideal Qualifications

CPA or CFA designation preferred.
Master's degree preferred.
Experience working with investment accounting and investment-related financial reporting.
Advanced proficiency in Excel, PowerPoint, Alteryx, and Power BI.
Strong analytical skills with the ability to interpret large data sets and communicate meaningful insights.
Demonstrated ability to produce high-quality work while managing multiple priorities and deadlines.
Proven ability to build strong relationships and collaborate effectively across cross-functional teams.
Excellent verbal and written communication skills, including the ability to present complex information clearly and confidently to various audiences.
Ability to thrive in a fast-paced, evolving environment with a focus on execution and results.
Intellectual curiosity and a commitment to continuous learning, growth, and process improvement.

What to Expect as Part of MassMutual and the Team

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, LGBTQIA+, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

#LI-CR37

Salary Range:

$128,000-$168,000

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.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

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.

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. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

BranchFactor Summary

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