MassMutual Hiring for Financial Reporting Consultant – MA Job at Springfield, MA Full Time

The Opportunity

As a Financial Reporting Consultant you will work in a fast paced, innovative, and collaborative environment focusing on regulatory and mutual fund reporting while also supporting special projects and assisting with ad hoc requests.

The Team

The Mutual Fund Operations Team is comprised of seven individual contributors who are focused on expense budgeting and accruals, mutual fund security valuation, regulatory reporting, and process improvements. The expense budgeting and accrual employees are responsible for monthly updates to fund budgets, processing of fund expenses, quarterly board reporting, and reviewing quarterly financial statements. The valuation employees are focused on the nightly fair valuation process, monthly reporting to the valuation committee, quarterly reporting to the board, and oversight of third-party pricing vendors. The regulatory reporting employee is focused on monthly N-PORT, annual N-CEN, liquidity, and financial statement reporting.

We have a culture of communication, understanding, and accountability. We are a very collaborative and open team with individuals who have varying levels of education and work experience. The team is motivated to work together, create efficiencies in their processes, create automation whenever possible, and encourages cross-training within the group. The team started out with a single employee and has grown over the years, with continuity on the team from 1-13 years.

The Impact:

Responsibilities would include:

• Assist in the preparation of the monthly N-PORT reporting process, quarterly liquidity reporting, and annual N-CEN reporting

• Gather, modify, and review data from various sources while assessing current processes for efficiencies

• Monitor and maintain our derivative holdings on a daily basis

• Assist in the preparation and review of financial statements, regulatory filings, and board reporting

• Build sub adviser and vendor relationships through regular meetings and communications

• Work on special projects and ad hoc requests as assigned

The Minimum Qualifications

• Associates Degree in finance or accounting

• Two years of related accounting, financial reporting or investments experience

• Basic understanding of investment types: mutual funds, stocks, bonds, derivatives, etc.

• Experienced user of Microsoft Excel

The Ideal Qualifications

• Bachelor’s Degree in accounting or finance

• Knowledge of investments, mutual fund operations, and regulatory reporting requirements

• Advanced user of Microsoft Excel (pivot tables, macros, and queries) and Access

• Experience in the area of process improvement

• Strong analytical and problem resolution skills

• Works independently of direct supervision

• Thrives in both a team and self-motivated environment

• Attention to detail and strong organizational skills

• Excellent verbal and written communication

• Effective time management and communication skills

Position Location

• You will be required to work from our Springfield, MA office at least 2 days a week on Tuesday & Thursday

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Mutual Fund Administration 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

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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.