Director of Investment Operational Accounting Governance

• Lead a team responsible for ensuring effective controls related to the securities operational accounting including execution of daily and monthly reconciliations over investment securities related balance sheet accounts net investment income and realized/unrealized investment gains and losses.
• Provide support to Investment Reconciliation Analysts on daily and monthly tasks. Organize and prepare ongoing training as needed for the entire team as new processes are implemented and existing processes are improved.
• Monitor KPI's for the team's offshore partner and demonstrate consistent performance to achieving and exceeding the goals and objectives.
• Improve and lead the development of internal control initiatives for the implementation of a new investment accounting subledger.
• Conduct thorough research analysis and retrieval of data to ensure accurate and timely preparation and maintenance of complex account reconciliations.
• Identify and reconcile differences within established investment and accounting systems using critical analysis skills.
• Support and lead initiatives to improve and modernize our monthly account reconciliation process through the use of AI and other software/automation tools.
• Conduct analysis and research over clearing suspense balances in the investment accounting subledger and general ledger.
• Work with FP&A to support quarterly management reporting and analytics over net investment income including plan vs actual analysis at the security level.
• Analyze and provide an analysis over topsides and one time adjustments to net investment income.
• Analyze and interpret financial information to ensure accuracy and compliance with company policy and regulations.
• Prepare and maintain complex account records with meticulous attention to detail.
• Collaborate with internal teams to resolve items and address investment-related issues.
• Implementation of new control processes and assess improvements by evaluating the end to end impacts to operational securities accounting.
• Partner with teams including but not limited to Securities Controllership Investment Operations Treasury Financial Reporting and ERM.
• Establish workflows and operational securities accounting.

• Bachelor's degree
• 8+ years of related experience
• 1+ years of experience developing and managing onshore and offshore teams

• Bachelor's or Master's degree in accounting finance or related field desired
• Investment operations experience is desired
• Insurance investment accounting systems experience is preferred
• Experience with securities type investments such as bonds equities mortgage loans and bank loans.
• CPA is preferred
• 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
• 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 staff regulatory bodies etc.
• Intellectual curiosity to continue learning and adding breadth and depth to understanding

• 
  MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role you can expect:
  
  • Clear areas of ownership and accountability with work that connects directly to company and customer outcomes
  
  
  • A collaborative environment where perspectives are welcomed
  
  
  • Access to learning development and internal networks that support continuous growth and skill-building over time
  
  
  • Employee-led communities and forums that foster connection learning and inclusion across the organization
  
  
  • A culture grounded in integrity responsibility and stewardship-supported by a company with a strong legacy and a future-focused mindset
  
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What We Do

Since 1851 MassMutual’s commitment has always been to help people protect their families support their communities and help one another. This is why we want to inspire people to Live Mutual. We’re people helping people. Together we’re stronger.

Why Work With Us

MassMutual has the financial security and stability of a 170+ year old company with the culture and energy of a startup. We work every day with the customer front of mind to build the best digital experience in the industry.

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