We seek an energetic, motivated, and skilled accountant to join our reporting team in our Controller’s department. As a Subsidiaries Reporting Accountant, 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.
This role will have a hybrid working arrangement (mix of in office / remote from home flexibility).
The Subsidiaries Reporting team is part of a large Reporting team and is responsible for overseeing our various legal entities 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. We strive to continuously improve by working together as team to make each other and our processes better.
As an Investment & Subsidiaries Reporting Accountant, you will work with Head of Subsidiaries Reporting and be responsible for the delivery of subsidiaries audited financial statements; supporting separate account reporting and filings; collaborate with internal and external customers; and execute on financial reporting controls and process improvement. To accomplish this, you will:
Proactively coordinate subsidiaries reporting and audits by facilitating audit meetings, collaborating with other business areas to provide support documents to external auditors, and tracking the completion and efficiency of each audit
Responsible for preparation, review and submission of subsidiaries financial reports, footnote disclosures and flux analysis
Closely monitor the subsidiaries’ materiality, unbooked entries, management fees, and audit adjustments for reconciliation
Timely modify the subsidiaries’ hierarchy structures and set up new subsidiary templates and reports in SAP and the CDM reporting system
Ensure that newly adopted GAAP accounting changes are properly and timely reflected in the subsidiary reports
Prepare the BOD materials for subsidiaries by working closely with the financial controllership team
Assist in reviewing annual MassMutual Green Books and registrant reporting, NCENTs and 24f-2 filings
Work closely with the off-shore resources by providing assistance and supervision
Continue identifying and implementing process improvement opportunities for subsidiary and separate account reporting
Work in a fast paced and agile work environment to meet or exceed deadlines
The Minimum Qualifications
BS in accounting or finance; MBA or equivalent preferred
5 years of experience in financial analysis and reporting
Significant knowledge and experience of US GAAP
Strong oral and written communication skills
Demonstrate strong accountability and commitment
Other competencies required include customer focus, change & innovation, strategic thinking, relationship building & influencing
The Ideal Qualifications
Certified Public Accountant (CPA) qualification OR Advanced degree in Accounting is preferred
Experience with Statutory or SEC reporting is preferred but not required
Strong multi-tasking skills and ability to adapt to change
Ability to proactively take ownership of assignments and drive them through to completion
In-depth knowledge of US GAAP and Statutory reporting
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 2020 World’s Most Ethical Company, a Top Place to Work in 2020 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