Head of General Ledger Transformation

| Greater Boston Area

 

The Head of General Ledger Transformation is a newly created role that will be responsible for the successful transformation/upgrade of the MassMutual enterprise accounting general ledger on the SAP platform. The person in this position will lead a team and report directly to the Corporate Controller.

 

KEY RELATIONSHIPS:

 

Reports to: Corporate Controller

Other Relationships: Senior leadership within CFO, Controllers Organization and the business

RESPONSIBILITIES:

 

  • Build, lead and manage a team responsible for an upgrade of our enterprise accounting ledger
  • Guides the team in establishing effective governance and key timelines, milestones and deliverables for successful initiative execution
  • Coordinate and collaborate across Finance, enterprise technology, internal audit, enterprise risk, other business units and external audit, as appropriate
  • Develop strong and effective partnerships with key vendor contacts as well as implementation partners
  • Propose optimal configurations for operational accounting activities within the general ledger to meet business unit reporting requirements as well as external regulatory filings and other audit requirements
  • Understand how data flow through the financial systems to the accounting function, planning appropriately for changes and prioritizing and implementing enhancements.
  • Establish and enhance governance and internal control procedures and maintain and consistently improve upon a strong control environment
  • Collaborate and partner with other MassMutual business units and corporate functions to map the accurate, timely and efficient submission of data required to meet financial reporting requirements
  • Collaborate closely with other Controllers teams, such as the financial close team and external reporting to ensure the accurate recognition of accounting for various transactions and events
  • Collaborate with accounting policy and other areas within the Controllers Organization on the evaluation of new GAAP and statutory reporting impacts to the company; assisting in the implementation of new business financial reporting processes on the operational aspects of accounting recognition

 

CANDIDATE QUALIFICATIONS:

  • BS in accounting or finance; MBA or equivalent preferred
  • Certified Public Accountant
  • 10-15 years of relevant experience from public accounting and/or public multinational companies in the insurance industry
  • Excellent knowledge of the SAP general ledger and related configuration opportunities for a complex financial institution
  • Excellent knowledge and understanding of US GAAP and insurance statutory accounting and financial reporting regulations

Other Knowledge, Skills and Abilities:

  • Ability to work with senior management and influence decision making
  • Strong multi-tasking skills and ability to adapt to change
  • Ability to proactively take ownership of projects and drive them through to completion
  • Experience working in a Finance transformational setting; driving change and managing competing priorities
  • Ability to assess alternative configuration options within the general ledger, given regulatory and business reporting requirements and make comprehensive recommendations for optimal set up
  • Use increasing insight to identify and implement improvements that increase the business value and efficiency of the work performed. Initiates and/or leads increasingly complex projects and continuous improvement activities that may span beyond the scope of own team's responsibilities
  • Experience in best-in-class control execution/documentation
  • Detail-oriented with demonstrated oral and written communication skills
  • Ability to work with all levels of personnel, from staff to executive management
  • Authorized to work in the United States without sponsorship now or in the future
  • Travel between Boston and Springfield required

#LI-DNI

 

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Location

We currently have multiple Boston office locations and are excited to be building our new Boston Campus at 10 Fan Pier targeted to open 2021.

An Insider's view of MassMutual

What’s the vibe like in the office?

We work in an open floor plan, so there is a lot of opportunity for networking across roles, teams and levels. Everyone is very friendly and welcomes the opportunity to get to know other people on the floor.

Kristina

Digital Adoption Team Lead

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

Digital Lead

How do you empower your team to be more creative?

I encourage my team to embark on ‘deep work’ at least once a week on a ‘meeting-free’ designated day. We have design reviews to brainstorm alternative ways to solve business problems from a software engineering point of view. We consider self-reflection and brainstorming to be fundamental components of creativity.

Mike

Head of Data Science Software Engineering

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
Intracompany committees
Daily stand up
Team owned deliverables
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
Someone's primary function is managing the company’s diversity and inclusion initiatives
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
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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