Hybrid Investment Accounting Associate - Governance

Posted 2 weeks ago

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About the role

  • 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

Job title

Investment Accounting Associate - Governance

Job type

Experience level

JuniorMid level

Salary

$99,800 - $131,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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