Finance Assistant responsible for payment management, financial document handling, and administrative support. Join Avla's innovative team transforming the insurance market without the bureaucracy.
About the role
- Join MassMutual's Investment Controllership Governance team; oversee accounting data integrity for investments. Collaborate across Securities, Operations, and Finance to strengthen controls.
Responsibilities
- Coordinate with Securities, Alternative Investments & Derivatives Controllership and Investment Operations to analyze and interpret financial information, processes and controls to ensure accuracy and compliance with company policy, regulations and other best practices
- Coordinate and review the aging analysis of suspense activity completed by our team of external consultants
- Communicate aging results to MassMutual’s finance leadership on a quarterly/monthly basis, including any potential exposure for the Company
- Assist in resolving issues related to our open investment payable/receivable balances, including coordinating with our Investment Operations team to clear aged balances
- Review balance sheet and income statement reconciliations, including analysis of our net unreconciled exposure on a monthly/quarterly basis
- Review, research and resolve daily, monthly and historical exceptions across multiple security types and accounting platforms
- Analyze and interpret financial information, processes and controls to ensure accuracy and compliance with company policy and regulations
- Propose resolutions to new and existing processing errors and/or deficiencies
- Collaborate with internal teams to resolve items and address investment -related issues
- Identify areas of risk and/or improvement within existing processes and controls across the investment ecosystem and make recommendations to continuously improve the overall control environment
- Thrive in an environment whereby the team is inspired, engaged and motivated by identifying opportunities to learn and grow
- Manage priorities effectively and adapt quickly to achieve goals while developing efficiencies and establishing methods in processes & controls
- Thrive in a complex corporate structure and comfortably switch gears and alter course to adapt to changing circumstances
- Partner with teams, including but not limited to Securities Controllership, Investment Operations, Financial Reporting & Controls and ERM
- Actively participate in the implementation of the Company’s new ledger and other key projects
- Initiate and/or lead increasingly complex continuous improvement activities
- Participate in problem solving to improve quality, cycle times, increase efficiencies, improve employee engagement and customer satisfaction within the Investment Controllership team
Requirements
- Bachelor’s degree in Accounting, Finance or related major
- 4+ years of related work experience with a track record of increasing responsibility
- 4+ years combined experience with U.S. GAAP and/or STAT
- CPA or progress towards
- Advanced knowledge of Excel and PowerPoint
- Strong analytical skills
- Proven ability to complete high quality work efficiently and increase autonomy over time
- Experience with and knowledge of US GAAP and Statutory accounting/reporting
- Able to build and maintain strong working relationships across cross-functional groups
- Demonstrate strong accountability and commitment
- Ability to proactively take ownership of assignments and drive them through to completion
- 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.
- Intellectual curiosity to continue learning and adding breadth and depth to understanding
- 4+ years of significant audit-related experience (external or internal)
Benefits
- Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
- 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
- Industry leading pay and benefits
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