Investment Accounting Data Analytics Specialist

About the position As an Investment Accounting Data Analytics Specialist in the Controllers Organization of Corporate Finance you will join us as we continue our progress towards becoming best in class financial stewards for MassMutual. We are forward-thinking and seek others who will leverage their curiosity and take initiative. Join us as a partner who will work collaboratively and with determination to leave the company in a better place than you found it. As an Accounting Associate in our Investment Accounting area, you will be a key contributor on the team that manages and executes investment accounting and analysis, including oversight of financial reporting outcomes of all MassMutual investment products. You will thrive in a highly dynamic and agile accounting environment, where we are focused on both execution and improvement of outcomes. If you want to continue your career as a part of a diverse team of highly motivated professionals who are focused on driving process improvement, meaningful analysis and control execution for insurance accounting activities, this role is for you! We look forward to returning to the office in a hybrid structure to maximize collaboration and flexibility, blending time working remotely and in the office, at either our Boston, MA or Springfield, MA locations.

Responsibilities

• Develops comprehensive data analysis and expectation of investment return and performance by major and minor assets type and perform flux analysis and provide insight into to variance.
• Analyze trends and results, use strong business acumen and communication skills collaborating with peers and the financial reporting team to draft and contribute to commentary which enables readers to quickly understand how performance is impacting financial results.
• Supports the Controller & Financial reporting team in providing accounting information such as financial statements, footnote schedules, regulatory reports and other management reports.
• Effectively collaborates with accounting policy, the Chief Investment office, tax, financial reporting capital management and business unit controllers.
• Lead the research and implementation of new GAAP investment accounting requirements and determines the accounting process for new investments and investment related transactions.
• 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 projects and continuous improvement activities that may span beyond the scope of the team's responsibilities.
• Responsible for leading problem solving to improve quality, close cycle times, increase efficiencies, improve employee engagement and customer satisfaction.

Requirements

• Bachelor's degree or equivalent experience
• 4+ years of data analytics, performance measurement, accounting or financial reporting experience in Assets Management or Financial Services industry
• 1+ years of investment accounting experience

Nice-to-haves

• Prior exposure to investment accounting, subsidiary ledger processing and related investment matters a plus!
• CPA/CFA or progress towards preferred
• Experience working on big data, logical analytics and ratio analysis and presentation in identifying internal control issues and remediation efforts.
• Preferred experience working with and supporting several corporate units.
• Preferred experience working in a Lean Six Sigma environment with strong root cause problem solving experience.
• Ability to partner with and influence business leaders and peers in investment process resign and improvements.
• Experience using investment data and information to analyze and communicate the implications of investment accounting and ERP tools (SAP, Hyperion, NetSuite, etc.).
• Intellectual curiosity to continue learning and adding breadth and depth to understanding.

Benefits

• Competitive salaries
• Incentive and bonus opportunities
• 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

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