Reporting Specialist - Mastery (Hybrid)
* We have returned to the office in a hybrid structure to maximize collaboration and flexibility, blending time working remotely and approx. 2 days in the office at either our Boston, MA, Springfield, MA or Cincinnati, OH locations.
The Opportunity
We seek an energetic, motivated, and skilled accountant to join our reporting team in our Controller's Organization. As a Reporting Specialist, you will be an experienced accounting professional who wants to work with a diverse team of highly motivated professionals focused on delivering high-quality of work in a timely and accurately manner, performing year-over-year flux analysis, and proactively driving the development and execution of process improvement.
This is an opportunity for an individual who thrives in a highly dynamic and agile accounting environment to collaborate across teams seeking solid execution and improving outcomes.
The Team
As part of the broader Reporting team in the Controllers Organization of Corporate Finance, this position will be a key contributor on the Subsidiaries Reporting team that oversees our various legal entities analysis, reporting and audits. Our team is highly motivated by challenging work that delivers substantial impact in a culture of accountability and collaboration. Team members are energized to deliver timely and accurate financial reporting data by working closely with internal stakeholders and external auditors/project consultants. We strive to continuously improve by working together as team to make each other and our processes better.
The Impact
As a Reporting Specialist, you will work with Head of Subsidiaries Reporting and be a key player for actively managing subsidiaries financial statements and audits; overseeing and reviewing tasks performed by the outsourced offshore teams, including subsidiaries reporting and SEC filings; effectively collaborating with external auditors and internal key stakeholders cross-divisional organizations; working on highly visible and complex financial upgrading/implementing new systems projects; and driving continuous improvements and efficiencies in financial reporting and controls.
- Supervise the off-shore resources to timely and accurately prepare, review and submit subsidiaries financial reports, footnote disclosures and fluctuation analysis for a number of subsidiaries
- Proactively manage a variety of complex subsidiaries' reporting functions. The subsidiaries include but are not limited to large asset management companies with elaborate consolidations and eliminations processes, investment funds operating within appropriate regulatory environment and subject to stringent reporting deadlines, foreign entities wherein foreign currency translation expertise is applied, non-profit organization with special oversights.
- Effectively collaborate with numerous of stakeholders within the Controllers Organization, Investment Management, asset management subsidiaries, Treasury, Legal to timely track the completion and efficiency of each audit. Multiple audits may be executed simultaneously throughout the year
- Drive accountability by collaborating with accounting policy and other areas within the Controllers Organization while evaluating and implementing new GAAP accounting and reporting standards applicable to the subsidiaries
- Reviewing MassMutual NAIC annual statements for Separate Accounts, registrant reporting, and NCENTs and 24f-2 filings with SEC in compliance with regulatory requirements
- Prepare the BOD materials for subsidiaries by working closely with the various leaders within the Controllers Organizations
- Closely monitor the subsidiaries' materiality, unbooked entries, related party transactions, audit adjustments, and subsidiaries' hierarchy structure changes to ensure that subsidiaries reporting is operating within the broader control efficient environment
- Provide support to a highly visible on-going accounting system upgrading project and assist with implementing of a new reporting tool
- Initiate and/or lead increasingly complex projects and continuous improvement activities that may span beyond the scope of the team's responsibilities. Responsible for leading problem solving to improve quality, increase efficiencies, improve employee engagement and customer satisfaction
- Hybrid schedule
The Minimum Qualifications
- BS in accounting or finance; MBA or equivalent preferred
- 6 years of progressive experience in accounting/finance
- 2 years in financial analysis and reporting
- Significant knowledge of and experience with US GAAP reporting
- Strong oral and written communication skills
- Demonstrate strong accountability and commitment
- Ability to perform independent research and serve as a key resource for resolution of unique or complex business problems
- Other competencies required include customer focus, change & innovation, strategic thinking, relationship building & influencing
- Ability to proactively take ownership of assignments and drive them through to completion
- Intellectual curiosity to continue leaning and adding breadth and depth to understanding of tasks at hand
The Preferred Qualifications
- Certified Public Accountant (CPA) qualification preferred
- Experience with and knowledge of Statutory reporting
- Strong multi-tasking skills and ability to adapt to change
- Experience working in a Finance transformational setting; driving continuous improvements and efficiencies beyond own scope of responsibility
- Advanced knowledge of Excel and PowerPoint
What to Expect as Part of MassMutual and the Team
- Regular meetings with the Subsidiary Reporting 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 nosiness 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 2019 World's Most Ethical Company, a Top Place to Work in 2019 according to The Boston Globe and named among America's Best Employers for Diversity according to Forbes 2020. MassMutual ranks No. 84 on the Fortune 500 list of largest companies.
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.
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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.