Head of Investment Accounting Governance

1 week ago


Hartford, Connecticut, United States MassMutual Full time


Do you want to be part of a team that encourages your growth, supports your ambitions and makes it a priority for you to reach your goals? Is helping people part of who you are? At MassMutual, we help millions of people find financial freedom, offer financial protection and plan for the future.

We do this by building trust with our customers by being knowledgeable problem solvers and prioritize their needs above all else.

We Live Mutual.

The Opportunity


The Head of Investment Accounting Governance is a key role in the delivery of MassMutual's investment strategy and in this, MassMutual's purpose: to provide financial well-being to all Americans.

We are seeking a results-oriented and highly collaborative professional with the ability to create and lead a team within the Investment Controllership team.

This position will the lead the team that is responsible for designing and executing the processes supporting the integrity of the accounting data information from the Company's securities system.


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.


We are seeking an accounting professional who wants to join a highly motivated team of professionals focused on proactively driving the development and execution of process improvements, meaningful analysis and improved coordination with the business partners for Investment activities.

The Team


This newly created team is responsible for the ensuring the integrity of the accounting information received from the Investment Operations securities system.

This team will be highly focused on the control environment supporting this purpose.

To this end, the team will work closely with its critical partner, Investment Operations.


The team will look to leverage technology and resource opportunities to ensure and efficient and effective approach to maintaining these processes.

Head of Investment Accounting Systems Governance will lead and inspire the team to continue progressing the operations model and function.


The Impact:


Reporting to MassMutual's Head of Investment Controllership, Head of Investment Accounting Governance will be a member of the Investment Controllership leadership team and a key partner and representative to the operational accounting impacts of the investment operations processes.


Against the backdrop of an increasingly complex general investment account portfolio with diverse asset classes and strategies, this role will build a framework and lead a vision that provides for the effective controls of operational securities accounting.


Stand up and lead the team responsible for ensuring effective controls related to the securities operational accounting, including execution of daily and monthly reconciliations, analysis of data exceptions, and support of system upgradesImplementation of new control processes and assess improvements by evaluating the end to end impacts to operational securities accountingPartner with teams, including but not limited to Securities Controllership.

Investment Operations, Treasury, and ERMEstablish workflows and operational securities accountingcontrolsPartner with stakeholders to meet client needsExpected Leadership Behaviors:
Create structures and processes that are routine in nature and highly scalableValue and support associates, fostering a culture of development and growthEncourage feedback and accountabilityPromote partnershipExcel at attracting, developing and retaining a diverse team of talented individuals, and effectively leveraging outsourcing models for the most efficient approach on executing on the team's mandate

Required Qualifications12+ years of work experience with a track record of increasing responsibilitySignificant knowledge and experience of U.S. GAAPBachelor's degree in accounting or finance or related disciplineCPA


Preferred QualificationsKnowledge and experience of investments is preferredStrong analytical skills: ability to analyze financial data sets and tell the story of the dataProven ability to complete high quality work efficiently and increase autonomy over timeExperience in creating and developing teamsExperience effectively leveraging outsourcing and offshoring arrangementsAble to build and maintain strong working relationships across cross-functional groupsExcellent verbal and written communication skills with the ability to express ideas in and articulate in an organized and persuasive manner to leadership, staff, regulatory bodies, etc.

Intellectual curiosity to continue learning and adding breadth and depth to understanding

Why Join UsWe'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.

#LI-IZ1MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.

Note:
Veterans are welcome to apply, regardless of their discharge status.


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

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