MassMutual Hiring for Accounting Policy/Advisory Lead Job at Boston, MA Full Time

The Accounting Policy/Advisory and Controls Oversight team is part of the Corporate Controller organization within MassMutual. As part of an ongoing transformation of Controllership function, the Accounting Policy/Advisory and Control Oversight team is looking to add a key strategic member to the group. The Accounting Policy/Advisory Lead will be a direct report to the Head of Accounting Policy/Advisory and Control Oversight. This position will have high visibility to the Controller’s and Corporate Finance Organization’s leadership teams.

A sucessful candidate will need to have the capacity to navigate through varied business activities and work collaboratively with colleagues in the Finance organization, as well as across MassMutual’s lines of business and operating groups. In doing so, this individual will gain a thorough working knowledge of MassMutual’s line of business finance and accounting processes, procedures, and operations and continue to develop a strong foundation in technical accounting.

The candidate should also possess outstanding written and verbal communication skills. The individual will have a strong technical accounting background, preferably with experience in the insurance industry, and a strong work ethic. Additionally, we expect to see the ability to collaborate with management, peers, and stakeholders in order to effectively influence and effect change.

Key Responsibilities:

• Work closely with MassMutual Finance line of business personnel in the review and analysis of significant, complex business transactions to determine the proper accounting and reporting for MassMutual.
  • Develop relationships with key finance and accounting stakeholders across MassMutual, including leadership across the Finance organization, lines of business, and operations.
• Monitor, evaluate, and influence the development of and implementation of emerging accounting requirements from the FASB, NAIC, and other regulatory bodies.
  • Regularly formulate opinions and provide updates on emerging accounting issues for discussion with the Head of Accounting Policy/Advisory and Control Oversight, as well as the Corporate Controller.
  • Proactively engage lines of business in assessing impacts and participating in the accounting standard-setting process. This includes coordination with accounting standard setters and regulators to advocate Company positions on accounting issues that could potentially impact the Company.
• Lead efforts to define the company’s application and implementation of new accounting standards, as well as other regulatory reporting matters.
  • Design, develop, and communicate additions or updates to corporate accounting policy manuals. Have a thorough assessment of risk and associated mitigation options as it relates to changes to accounting policies.
  • Provide training on new policy implementations and their application.
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  Other Responsibilities Include:
  • Continually evaluate departmental processes and recommend process improvements.
  • Establish and maintain strong, collaborative partnerships with the Company’s external auditors and regulators.

Core Competencies Include:

• An ability to execute thoroughly in a fast-paced work environment, adapting quickly to changing conditions to achieve results.
• Ability to think creatively, map out solutions and drive their implementation
• Strong project management skills with the capability to adapt quickly to achieve goals
• Drive collaborative solutions and results with peers across the organization to gain support for ideas and execute on projects that deliver value to stakeholders
• Comfortable leading meetings, making strategic recommendations and giving presentations to increasingly large audiences.

Qualifications:

• Minimum of eight years of professional accounting experience, including experience at a large public accounting firm and/or experience in the accounting policy team of another leading financial institution

• Experience in policy setting and research is a strong plus
• Advanced Degree preferred. CPA required.
• Ability to take initiative to influence and drive results within a complex organization

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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.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.