Head of General Ledger Transformation
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
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