MassMutual · 2 months ago
Investment Accounting Associate II - Governance
HARTFORD, CT
Full-time
Onsite
Mid Level
4+ years expMassMutual is a financial services company seeking an Investment Accounting Associate II for their Investment Controllership Governance team. This role involves overseeing the review, reconciliation, and analysis of key financial data, ensuring accuracy and compliance with company policies and regulations while collaborating with various internal and external partners.
FinanceFinancial ServicesInsuranceLife InsuranceRetirement
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
Qualification
Required
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
Preferred
Knowledge of and experience with investments
4+ years of significant audit-related experience (external or internal)
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
Benefits
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
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
MassMutual is a mutual life insurance company that provides investment management and trust services.
5001-10000 employees
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)
Funding
Current Stage
Late StageLeadership Team
Eddie Ahmed
Chairman, President & CEO
Roger W. Crandall
Chairman, President & CEO
Recent News
2026-01-18
2025-12-25
Company data provided by crunchbase