Investment Accounting Associate II

4 weeks ago

Boston, United States MassMutual Full time

Investment Accounting Associate II

Investment Controllership

Full-Time

Boston, MA

About the Corporate Controller Organization:

The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key business partners and regulators on the enterprise’s actual results, forecast implications and strategic decision making.  This work considers legal entity structures, distribution channel, and product results as well as how these impact our capital optimization and operating liquidity.

We are a diverse group of professionals experienced in and responsible for accounting, financial reporting, tax, policy and controls, cash operations, corporate finance data and systems management as well as wealth management finance activities. We are seeking engaging professionals with strong communication skills and deep intellectual curiosity to ensure the timely and efficient reporting of results. We not only perform the required activities. We are looked to as business partners who add value by challenging existing operating practices strengthening controls and highlighting trends and insights.

The Opportunity

This Investment Accountant role is a newly created position that will be a key addition to our Investment Controllership team. The position reports to the Director of Securities Accounting and 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.  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

As a member of the Financial Controllership Team, the incumbent will be involved in shaping the future of the organization, supporting both the on-going growth and analysis within the Investment Controllership team and other key initiatives.

The Impact

  • Creates an environment whereby the team is inspired, engaged and motivated by identifying 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 course to adapt to changing circumstances.
  • Plays a key role in leading a collaborative and inclusive culture by working closely with Investment Management.
  • Actively participate in the implementation of the Company’s new ledger and other key projects.
  • 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.

The Minimum Qualifications

  • Bachelor’s degree in Accounting, Finance or related major
  • 4+ years of related work experience with a track record of increasing responsibility
  • Significant knowledge and experience of U.S. GAAP and STAT

The Ideal Qualifications

  • CPA or CFA preferred
  • 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
  • Able to build and maintain strong working relationships across cross-functional groups
  • 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

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
  • Access to mentorship opportunities
  • 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
  • Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits 

#LI-BO1

MassMutual 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.

  • Investment Accounting Associate II

    2 days ago

    Boston, United States MassMutual Full time

    Investment Accounting Associate II Investment Controllership Full-Time Boston, MA About the Corporate Controller Organization: The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key business partners and regulators...

  • Investment Accounting Associate II

    9 hours ago

    Boston, United States MassMutual Full time

    Investment Accounting Associate IIInvestment ControllershipFull-TimeBoston, MAAbout the Corporate Controller Organization:The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key business partners and regulators on the...

  • Investment Accounting Associate II

    4 weeks ago

    Boston, MA, United States MassMutual Full time

    Investment Accounting Associate IIInvestment Controllership Full-TimeBoston, MAAbout the Corporate Controller Organization:The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key business partners and regulators on...

  • Sale Leaseback Investment Associate

    4 weeks ago

    Boston, United States Sands Investment Group Full time

    Job DescriptionJob DescriptionSands Investment Group (SIG), one of the nation's fastest growing real estate firms as named by RE Forum, is seeking two highly motivated Brokers to join our Restaurant / Sales Leaseback team. This position offers the opportunity to become an expert in a highly lucrative segment of commercial real estate brokerage under the...

  • Corporate Investments Accounting Manager

    21 hours ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description:The RoleYou will be responsible for ensuring the investments for FMR LLC and subsidiaries are recorded correctly in the general ledger and are presented accurately for financial reporting. You will also be responsible for establishing and maintaining controls around the investment process.\u00A0 You will be the main contact for investment...

  • Senior Investment Accountant

    2 weeks ago

    Boston, United States CareQuest Institute for Oral Health Inc Full time

    Job Description Job Description ABOUT US: CareQuest Institute for Oral Health is a national nonprofit championing a more equitable future where every person can reach their full potential through excellent health. We do this through our work in philanthropy, analytics and data insights, health transformation, policy and advocacy, and education as well as our...

  • Senior Investment Accountant

    9 hours ago

    Boston, United States CareQuest Institute for Oral Health Inc Full time

    Job Description Job Description ABOUT US:CareQuest Institute for Oral Health is a national nonprofit championing a more equitable future where every person can reach their full potential through excellent health. We do this through our work in philanthropy, analytics and data insights, health transformation, policy and advocacy, and education as well as our...

  • Associate Accountant

    5 days ago

    Boston, United States Fidelity Investments Full time

    **The Role** Your primary responsibilities will be to support various centralized processes across the Fidelity teams including Fixed Assets, Construction in Process, and Leases are properly accounted for and reported. You will be a key player on the monthly, quarterly and annual close processes. You will work closely with other accounting teams, Enterprise...

  • Investment Banking Associate

    4 weeks ago

    Boston, United States Selby Jennings Full time

    Investment Banking Associate Our client is a leading finance firm in Boston seeking an experienced and motivated individual for the position of Investment Banking Associate. The ideal candidate will have 3-7 years of experience working within either the industrials, consumer or commercial sectors coming from a competitive firm.Education: * Bachelor's degree...

  • Associate II, Investment Middle Office Services

    3 hours ago

    Boston, United States JPMorgan Chase & Co. Full time

    Are you a strategic thinker who is passionate about delivering exceptional support for Clients in Investment Middle Office Services (IMOS), Investment Book of Record (IBOR) and Trade Services, then this is the role for you. As a Client Service Associ Operations, Investment, Office, Associate, Client Service, Operation, Banking, Business Services

  • Investment Accountant

    4 weeks ago

    Boston, MA, United States MassMutual Full time

    Investment Accounting Consultant​Investment Controllership Full-TimeSpringfield, MA or Boston, MA or New York, NYAbout the Corporate Controller Organization:The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key...

  • Investment Funds Associate

    4 weeks ago

    Boston, United States 5 Legal Full time

    Job DescriptionJob DescriptionAm Law top 10 and one of the world's most elite law firms seeks a highly qualified associate to join their Investment Funds Group.Ideal candidates will have 1-6 years of substantive investment funds experience including private fund formation and/or M&A experience - and an interest in growing their career on an unparalleled...

  • Investment Banking Associate

    3 weeks ago

    Boston, Massachusetts, United States Selby Jennings Full time

    Investment Banking Associate Our client is a leading finance firm in Boston seeking an experienced and motivated individual for the position of Investment Banking Associate. The ideal candidate will have 3-7 years of experience working within either the industrials, consumer or commercial sectors coming from a competitive firm.Education: Bachelor's degree...

  • Director of Investment Operational Accounting Governance

    2 days ago

    Boston, United States MassMutual Full time

    Director of Investment Operational Accounting Governance Full-Time Boston, MA or Springfield, MA or New York, NY The Opportunity Reporting to the MassMutual’s Head of Investment Accounting Systems Governance Investment Controllership, the Director of Investment Operational Accounting Governance will be a key partner and representative to the operational...

  • Public Equity Investment Associate

    1 month ago

    Boston, United States Partners Capital Full time

    The Investment Associate will join our Public Equity team based in Boston or New York. The individual will be responsible for supporting senior investment professionals in our research activities across public equity strategies including fundamental long-only and long/short, long-duration, equity market neutral and quantitative strategies. The individual...

  • Public Equity Investment Associate

    5 days ago

    Boston, United States Partners Capital Full time

    The Investment Associate will join our Public Equity team based in Boston or New York. The individual will be responsible for supporting senior investment professionals in our research activities across public equity strategies including fundamental long-only and long/short, long-duration, equity market neutral and quantitative strategies. The individual...

  • Associate Accountant

    5 days ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description:The RoleYour primary responsibilities will be to support various centralized processes across the Fidelity teams including Fixed Assets, Construction in Process, and Leases are properly accounted for and reported. You will be a key player on the monthly, quarterly and annual close processes. You will work closely with other accounting teams,...

  • Associate Accountant

    4 days ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description: The Role Your primary responsibilities will be to support various centralized processes across the Fidelity teams including Fixed Assets, Construction in Process, and Leases are properly accounted for and reported. You will be a key player on the monthly, quarterly and annual close processes. You will work closely with other accounting...

  • Investment Analyst

    1 hour ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description:RoleDo you have an analytical background with a passion for investing and Portfolio Management? Do you enjoy Working with Sales and Client Teams? As part of the Investment Services Support team, your input and analysis may help millions of 401k participants retire and live well in their retirement.The investment analyst is critical to...

  • Investment Principal

    2 weeks ago

    Boston, United States Partners Capital Full time

    The Investment Principal on the Client CIO team located in Boston will lead teams that manage multi-asset class client portfolios. As a growing firm, we seek new team members who are dynamic and comfortable working in a fast-paced and collaborative environment. Client Portfolio Management (Primary Focus): The Investment Principal will serve as the Chief...