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MassMutual

Financial Control Consultant

Posted An Hour Ago
Be an Early Applicant
Hybrid
Springfield, MA
84K-110K Annually
Mid level
Hybrid
Springfield, MA
84K-110K Annually
Mid level
Support and maintain financial controls for insurance operations, perform reconciliations and general ledger entries (SAP/TCC), manage monthly/quarterly closes, provide analysis and audit support, lead process improvements, and oversee offshore resources.
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The Opportunity
As a Financial Control Consultant, you will have the opportunity to demonstrate and advance your accounting, reporting, auditing, financial analysis and computer system skills by acting as the primary liaison to Corporate Finance or other financial partners on more complex matters. This position will support establishment and maintenance of controls to ensure operational integrity and meet requirements set forth by internal and external audit partners.
The Team
Operations Financial Controls supports the maintenance and integrity of MM's financial statements by performing various control activities of operational financial transactions. The team also provides support for audits and special projects.
The Impact
The Financial Controls Consultant needs a thorough understanding of our insurance products and administrative platforms and the associated accounting practices. A successful candidate must be able to work accurately and with limited supervision and must be able to professionally represent the department to other business units, internal and external auditors, and management. This individual must also be a leader on the team to drive process improvement and provide on-going advice and support to the Manager to ensure completion of our numerous objectives.
Key Responsibilities Include:
  • Balancing and reconciliation activities for transactions processed by the Operations areas
  • Cash controls and reconciliations for cash receipts, disbursements and settle-ups between products, companies and lines of business
  • Balancing of general account and separate account cash-flows and reconciliation of unit variances and fund out of balances
  • Booking SAP/TCC General Ledger entries as necessary
  • Generating suspense listings for Operations; Partner with Operations on root cause analysis, resolution, and correction of suspense out of balances
  • Monthly and quarterly close processes for insurance accounting; including data quality checks, preparation of journal entries, compliance with regulatory requirements, as well as detailed value-added financial analysis for communication to management.
  • Provide oversight and guidance to offshore resources.
  • Support strategic/department initiatives by providing accounting and control expertise.

The Minimum Qualifications
  • B.S. degree in Accounting, Finance or Business
  • 3+ years accounting or financial reporting and analysis experience
  • 3+ years General Ledger knowledge (chart of accounts) and ability to independently analyze
  • 3+ years of transactional processing on insurance products and the associated accounting
  • 3+ years supporting cross-functional projects and strategic initiatives to strengthen financial controls, ensure compliance, and drive business outcomes

The Ideal Qualifications
  • Strong technical skills, including MS Access, Microsoft Excel and SAP (general ledger entries)
  • Promote a culture of collaboration and teamwork
  • Drives continuous improvement and efficiencies beyond own scope of responsibility
  • Excellent communication skills to successfully interact with employees at all levels and senior management

What You Can Expect at MassMutual
MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect:
Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
A collaborative environment where perspectives are welcomed
Access to learning, development, and internal networks that support continuous growth and skill-building over time
Employee-led communities and forums that foster connection, learning, and inclusion across the organization
A culture grounded in integrity, responsibility, and stewardship-supported by a company with a strong legacy and a future-focused mindset
#LI-SB1
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
Salary Range: $84,100-$110,300

MassMutual Boston, Massachusetts, USA Office

Our new Boston campus opened in November in the Seaport neighborhood.

Just like MassMutual, Boston's Seaport district is surrounded by decades of history, yet is now being recognized as a hub for digital innovation and professional growth. With us you can develop the skills you need to build a successful future and connect with talented and collaborative colleagues working together to help people secure their future and protect the ones they love.

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