Director of Accounts Payable and Disbursement (Hybrid) (Greater Boston Area, MA)

| Greater Boston Area
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The Opportunity

As a Director of Accounts Payable and Disbursement you will work in a fast paced, innovative, and collaborative environment on exciting Controller/Cash Operations directives. A Director of Accounts Payable and Disbursement interacts with other functional areas of CFO, Controller, Procurement, Operations, FP&A, Treasury, Internal Audit. This position will be responsible for all the activities in accounts payable and disbursement and will assist with the analysis, execution and implementation of corporate disbursement strategies and processes including projects that encompass changes to systems and processes aimed at removing inefficiencies, reducing manual work, and positioning Cash Operations, Accounts Payable and Disbursement team for scalability and growth.

The Team

As a Director of Accounts Payable and Disbursement, you will join the Cash Operations team, part of MassMutual's Controller organization. The Cash Operations team is motivated by the variety and challenging opportunities that substantially impact and support MassMutual operations and financial results. Team members are committed to support the organization's overall objectives and they are constantly engaged in Business Process Improvements that enhance the daily operations and the needs of our internal customers. As part of this team, you will design, build, and support all of MassMutual's accounts payable and disbursement requirements.

The Impact

As a Director of Accounts Payable and Disbursement, you will support new and emerging opportunities in the Cash Operations and Accounts Payable disbursement infrastructure ecosystems. To accomplish this, you will:

  • Establish and drives overall strategy to convert check to electronic payments

  • Establish and drives overall strategy to transition all vendors payment information, including banking instructions to our ERP system

  • Lead, develop and coach the accounts payable and disbursement team

  • Lead the Accounts Payable and Disbursement team with transformation and upgrade activities including implementing new technology solutions for the Account Payable and Disbursement organization, including harmonizing data across multiple technology platforms, administration systems

  • Own the research and resolution of key issues while prioritizing and managing expectations and delivery timelines

  • Own the Disbursement policy and sub-delegation administration. Review, maintain and communicate with stakeholders

  • Collaborate with the Head of Expense Accounting on the monthly and year-end payables close process

  • Support and recommend system implementation/upgrades for all systems as related to disbursement and accounts payable (including analyzing the potential use of blockchain technology)

The Ideal/Minimum Qualifications

  • Bachelor's degree in Accounting, Finance, Business, or related field

  • 7+ years account payable experience and disbursement policy and procedures

  • Solid understanding of (GAAP), prepaid transactions and accruals

  • Full understanding of the procure-to-pay process including supplier relationships and the impact to the payables/disbursement operations

  • Prior leadership experience required

  • Experience working with sourced teams

Preferred Qualifications:

  • Leading sourced teams

  • Ability to work independently and manage multiple projects with excellent time management skills

  • Strong computer aptitude, which includes expertise with Microsoft Excel and Word, as well as experience with account payable software (ARIBA, Others) and SAP general ledgers

  • Strong analytical and problem-solving abilities

  • Strong attention to customer service and quality results

  • Ability to build relationships and collaborate on improvements

  • Monitor key controls to mitigate risk

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the Cash Operations Team

  • Focused one-on-one meetings with your manager

  • 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

About MassMutual

We've been around since 1851. During our history, we've helped millions of people find financial freedom, offer financial protection, and plan for the future.

Today, we continue to develop meaningful relationships with our customers by building their trust, being knowledge problem solvers and always prioritizing their needs. MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It's more than our company structure – it's our way of life.  

MassMutual was recognized as an Ethisphere 2021 World's Most Ethical Company, a Top Place to Work in 2021 according to The Boston Globe and named among America's Best Employers for Diversity according to Forbes 2020.

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status

#LI-NH1

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
    • JavascriptLanguages
    • KotlinLanguages
    • PythonLanguages
    • RLanguages
    • RubyLanguages
    • ScalaLanguages
    • BashLanguages
    • GroovyLanguages
    • D3JSLibraries
    • ReactLibraries
    • ReduxLibraries
    • Twitter BootstrapLibraries
    • Redux SagaLibraries
    • ExpressFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • SparkFrameworks
    • SpringFrameworks
    • TensorFlowFrameworks
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • PostgreSQLDatabases
    • SQLiteDatabases
    • TeradataDatabases
    • Google AnalyticsAnalytics
    • OptimizelyAnalytics
    • TealiumAnalytics
    • SnowplowAnalytics
    • LookerAnalytics
    • IllustratorDesign
    • InVisionDesign
    • PhotoshopDesign
    • SketchDesign
    • Aha!Management
    • BasecampManagement
    • ConfluenceManagement
    • JIRAManagement
    • TrelloManagement
    • WordpressCMS
    • HubSpotCRM
    • SalesforceCRM
    • SendGridEmail

Location

We're excited to have our new campus opened at 10 Fan Pier in Boston's Seaport Neighborhood and to welcome our Boston based employees to come to campus on a voluntary basis.

An Insider's view of MassMutual

What's something quirky about your company?

Unique to MassMutual is that the cyber security mission parallels our corporate mission; to help people secure their future and protect the ones they love. Working in Cyber Security is fascinating because you must stay ahead of the threat actors and it's meaningful because you are solving problems that protect our employees and customers.

Lisa

Head of Cyber Business Risk

What's the biggest problem your team is solving?

You don’t think of insurance as a hotbed for innovation but the very nature of our organization, Digital Experience, is to reimagine how a 168-year old company does business with its customers. Our Design team takes pride in an inclusive design process with everyone invited to provide feedback, from Product to Engineering to QA.

Maria

Digital Lead - Design

What makes someone successful on your team?

Successful people on my team are: passionate, curious, receptive, and engaged. Each team member is expected to be passionate about the work that they do, and the domains in which they practice. They are always solving unique problems and must be curious about finding new solutions.

David

Lead Architect

How do your team's ideas influence the company's direction?

One of our projects is an application we built for our Investment Mgmt team called ViPER (Visualizing Investment Portfolio Enhanced Reporting). The application makes it easy to manage reports and get insights from Data Science models. Now with ~150 active users, it reflects how we’re using DS to facilitate data driven decision processes across MM.

Jasmine

Head of Data Science - Investments Domain

What are MassMutual Perks + Benefits

MassMutual Benefits Overview

At MassMutual, employees have the opportunity to earn a competitive salary and bonus, enroll in an
array of benefits, and participate in programs and services that support healthy lifestyles, assist them
in building financial security for themselves and their families and help them live well-balanced lives.

Culture
Volunteer in local community
Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift, Matching Time and Volunteer Time Off Programs.
Partners with Nonprofits
Every year, MassMutual and the MassMutual Foundation invest more than $20 million focused on advancing economic opportunity. https://www.massmutual.com/about-us/corporate-responsibility/foundation
Eat lunch together
Intracompany committees
Daily sync
Team owned deliverables
Team based strategic planning
Open office floor plan
Diversity
Documented equal pay policy
Dedicated Diversity/Inclusion Staff
Highly diverse management team
More than half of our Board of Directors are comprised of women and people of color, making it one of the most diverse groups in the industry.
Unconscious bias training
Diversity manifesto
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
A health care flexible spending account (FSA) allows employees to save money on a before-tax basis for eligible medical, dental and vision expenses, subject to IRS limits.
Disability Insurance
For details on short term and long term disability insurance please visit https://www.massmutual.com/-/media/files/employee_benefits.pdf
Dental Benefits
Basic Dental covers preventive and basic restorative care; Major Dental covers all that Basic covers, plus restorations and orthodontia (limits apply).
Vision Benefits
Health Insurance Benefits
To learn more about our Health and Welfare Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf
Life Insurance
For more information about our Life Insurance Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf
Wellness Programs
Onsite Gym
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
In addition to our 401(k), MassMutual a cash balance plan that provides an account-based pension benefit based on accruals of pay credits and interest credits.
401(K) Matching
Performance Bonus
Match charitable contributions
Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift and Matching Time Programs.
Child Care & Parental Leave Benefits
Child Care Benefits
Dependent care flexible spending account to allow you to set aside before tax dollars to pay for certain eligible child care expenses.
Generous Parental Leave
Leave for birth mothers of 18 weeks of fully paid leave. Non-birth mothers, fathers and adoptive parents eight weeks of fully paid parental leave.
Flexible Work Schedule
Flexible work arrangements, including telecommuting, are available in many departments across the company.
Family Medical Leave
Caregiver leave: Up to two weeks paid leave to care for a loved one. Bereavement Leave: 15 days of paid time off to grieve the loss of a loved one with the employee defining who the loved one is.
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid holidays: 9 fixed and 1 floating. Vacation: starts at 19 vacation and personal days per calendar year, with increases at 5-year service intervals.
Paid Volunteer Time
Three days of paid time off is available to employees annually to give back to their communities, by sharing their time and talent with a cause close to their heart.
Paid Holidays
Paid Sick Days
Occasional illness: up to 5 days per calendar year.
Perks & Discounts
Casual Dress
Commuter Benefits
Game Room
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Lunch and learns
Cross functional training encouraged
Promote from within
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

To learn more about our comprehensive benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

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