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MassMutual · 3 days ago

Corporate Expense Accountant

Hartford, CT

Full-time

Onsite

Senior Level, Lead/Staff

8+ years exp

MassMutual is seeking a highly skilled Senior Accountant to provide oversight of fixed assets, intangible assets, and lease accounting. This role involves ensuring compliance with accounting principles and providing expert guidance to the corporate processes while overseeing an offshore team.

FinanceFinancial ServicesInsuranceLife InsuranceRetirement

H1B Sponsor Likely

Responsibilities

Oversee the acquisition, capitalization, tracking, depreciation, revaluation, and disposal of fixed assets (SAP FA sub ledger)

Maintain and reconcile the fixed asset sub ledger to the SAP general ledger, ensuring completeness and accuracy

Assist and advise Procurement and Accounts Payable on capital expenditures and prepaid accounting treatments

Ensure compliance with company capitalization thresholds and asset classification policies

Manage accounting for intangible assets, including software developed internally and acquired externally

Apply appropriate capitalization and amortization rules for internal-use software, cloud computing arrangements, and other intangible assets

Distinguish between research and development phases for internally generated intangible assets; expense or capitalize costs as required

Track and report on the useful life, impairment, and amortization of intangible assets, including providing guidance on asset impairments and write offs

Lead monthly assets under construction governance calls, ensuring compliance with appropriate accounting policies and guidance

Oversee lease accounting in accordance with ASC 842, IFRS and other relevant standards

Track and account for leasehold improvements, sale-leasebacks, and related transactions

Ensure proper classification, amortization, and reporting of lease assets and liabilities. (Lease Harbor sub ledger)

Collaborate with facilities and legal teams to ensure accurate lease documentation and compliance

Develop and maintain robust internal controls for asset and lease management

Provide expense accounting oversight and support to Enterprise Technology and Experience organization (IT), ensuring the accurate and timely recognition of expenses

Prepare monthly, quarterly, and annual reports, roll forwards and footnotes on asset and lease activity

Support budget preparation and financial analysis related to assets and leases, where actuals can inform the budgeting and forecasting processes

Recommend improvements to procedures and systems for enhanced asset management

Provide guidance and support to other accounting team members

Qualification

Fixed Assets AccountingLease AccountingGAAP ComplianceSAP S4 HANAExpense AccountingAccounting Policy ResearchInternal ControlsFinancial ReportingProcess ImprovementCommunication SkillsLeadership ExperienceTeam Collaboration

Required

Bachelor's Degree

8+ years of progressive expense accounting experience with a combination of the following, owning a Fixed Asset subledger and related processes, creating and supporting journal entries, reconciling accounts and working with account controls

4+ years of experience applying GAAP and statutory accounting principles

6+ years of experience with SAP R3 or S4 journal entry processes, or comparable ERP system

6+ years of experience with month-end, quarter-closing, and year end accounting cycles

Preferred

MBA, MSA or CPA

15+ years of progressive accounting experience in a variety of expense roles

Experience with Lease accounting software (Lease Harbor, Trullion, etc)

Prior experience with offshore, sourced team members

Ability to influence others using expert knowledge, effective communications and demonstrated results

Ability to interact with all levels within an organization – listening, leading, and advising as needed

Experience writing accounting memorandums, business processes and standard work

SAP S4 Hana with SAC and AO experience

Previous experience summarizing and presenting accounting results to senior leadership

Ability to create and evolve new processes

Prior experience advising and teaching accounting concepts and processes to non-accounting business partners

Prior leadership experience

Benefits

Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, 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

Company

MassMutual

Glassdoor3.9

MassMutual is a mutual life insurance company that provides investment management and trust services.

Founded in 1851

Springfield, Massachusetts, USA

5001-10000 employees

https://www.massmutual.com/

H1B Sponsorship

MassMutual has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (96)

2024 (94)

2023 (66)

2022 (115)

2021 (121)

2020 (73)