MassMutual employees
MassMutual Logo

MassMutual

Investment Accountant - Alternative Investments

Posted 15 Days Ago
Be an Early Applicant
Hybrid
Boston, MA
128K-168K Annually
Senior level
Hybrid
Boston, MA
128K-168K Annually
Senior level
The role involves managing financial reporting for alternative investments, implementing improvements, collaborating across teams, and driving process efficiencies.
The summary above was generated by AI
Investment Accountant - Alternative Investments
Investment Controllership
Full-time
Boston, MA or Springfield, MA
The Opportunity
This Investment Accounting Consultant role is a newly created position that will be a key addition to our Investment Controllership team. The position resides within the Investment Controllership team, a critical team within the Controllers Organization which aspires to be best in class financial stewards for MassMutual. This is an opportunity for an individual who thrives in a highly dynamic and agile accounting environment to collaborate across teams focused on solid execution and improving outcomes. We are seeking an accounting professional who wants to join a highly motivated team of professionals focused on proactively driving the development and execution of process improvements, meaningful analysis and improved coordination with the business partners for Investment activities.
The Team
The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key business partners and regulators on the enterprise's actual results, forecast implications and strategic decision making. This work considers legal entity structures, distribution channel, and product results as well as how these impact our capital optimization and operating liquidity.
We are a diverse group of professionals experienced in and responsible for accounting, financial reporting, tax, policy and controls, cash operations, corporate finance data and systems management as well as wealth management finance activities. We are seeking engaging professionals with strong communication skills and deep intellectual curiosity to ensure the timely and efficient reporting of results. We not only perform the required activities. We are looked to as business partners who add value by challenging existing operating practices strengthening controls and highlighting trends and insights.
The Impact
  • Creates an environment whereby the team is inspired, engaged and motivated by identifying opportunities to learn and grow.
  • Manages priorities effectively and adapt quickly to achieve goals while developing efficiencies and established methods in the process.
  • Thrives in a complex corporate structure and comfortably switch gears and alter course to adapt to changing circumstances.
  • Plays a key role in leading a collaborative and inclusive culture by working closely with Investment Management
  • Actively participate in the implementation of the Company's new ledger
  • Responsible for ongoing activities as part of the monthly, quarterly and annual close cycles
  • Uses professional insight to identify and implement accounting improvements that increase the business value and efficiency of the team.
  • Initiates and/or leads increasingly complex continuous improvement activities.
  • Participating in problem solving to improve quality, cycle times, increase efficiencies, improve employee engagement and customer satisfaction within the Investment Controllership team.
  • Makes recommendations to continuously improve the overall control environment of the Investment Controllership team.

The Minimum Qualifications
  • Bachelor's degree in Accounting, Finance or related major
  • 6+ years of related work experience with a track record of increasing responsibility including financial reporting experience on alternative investments

The Ideal Qualifications
  • 8+ years of related work experience
  • CPA preferred
  • Master's degree preferred
  • Strong analytical skills: ability to analyze financial data sets and tell the story of the data
  • Proven ability to complete high quality work efficiently and increase autonomy over time
  • Experience analyzing new investments and accounting guidance to drive appropriate and preferred investment accounting and reporting across the Company and subsidiaries
  • Experience with system implementations preferred
  • Able to build and maintain strong working relationships across cross-functional groups
  • Excellent verbal and written communication skills with the ability to express ideas in and articulate in an organized and persuasive manner to leadership, staff, regulatory bodies, etc.
  • Able to work well in a dynamic and agile environment while leading the team in execution of various priorities and related deliverables
  • Intellectual curiosity to continue learning and adding breadth and depth to understanding

What to Expect as Part of MassMutual and the Team
  • Regular meetings with the Investment Controllership 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

#LI-CR37
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.
Salary Range: $128,000.00-$168,000.00

Top Skills

Accounting
Financial Reporting
Investment Management
System Implementations

MassMutual Boston, Massachusetts, USA Office

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

Boston Campus

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.

Similar Jobs at MassMutual

Yesterday
Hybrid
Boston, MA, USA
190K-249K Annually
Senior level
190K-249K Annually
Senior level
Big Data • Fintech • Information Technology • Insurance • Financial Services
Lead and manage a team of consultants to provide strategic guidance and advanced planning solutions for high-net-worth clients, enhancing advisor experiences and driving business growth.
Top Skills: Estate PlanningInvestment ManagementTax PlanningTrust Services
Yesterday
Hybrid
Springfield, MA, USA
103K-135K Annually
Senior level
103K-135K Annually
Senior level
Big Data • Fintech • Information Technology • Insurance • Financial Services
The Learning and Performance Consultant leads strategic learning initiatives, conducts needs assessments, designs learning modules, and supports business goals in Wealth Management.
Top Skills: ArticulateBrainsharkCamtasiaLearning Management SystemMicrosoft PowerpointVimeo
Yesterday
Hybrid
Springfield, MA, USA
100K-131K Annually
Senior level
100K-131K Annually
Senior level
Big Data • Fintech • Information Technology • Insurance • Financial Services
The Systems Consultant will analyze business requirements, recommend systems solutions, support Clarity PPM projects, and manage documentation and user training.
Top Skills: AribaClarity PpmJIRAExcelSAPWorkday

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

Key Facts About Boston Tech

  • Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
  • Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
  • Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
  • Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account