Massmutual
Financial Reporting Manager
Subsidiaries Reporting Team
Full-time
Springfield, MA or Boston, MA
The Opportunity
We seek a motivated, energetic, and skilled accountant to join Subsidiaries Reporting team in our Controller’s Organization. This position reports to the Head of Subsidiaries Reporting. As a Financial Reporting Manager, you will be part of an experienced accounting professionals who wants work with a diverse team of highly motivated professionals focused on delivering high-quality of work in a timely and accurate manner. This is an opportunity to an individual who thrives in a highly dynamic and agile accounting environment to collaborate across teams seeking solid execution and improving outcomes.
This will be an individual contributor role and will be responsible for overseeing our off-shore team.
The Team
The Subsidiaries Reporting team, part of MassMutual’s Corporate Finance Organization. The Subsidiaries Reporting team is 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 to internal and external customers while successfully executing on financial reporting controls.
The Impact
You will work with Head of Subsidiaries Reporting and be responsible for compiling, reviewing and delivering internal GAAP Consolidated financial statements and audited financial statements for various non-life subsidiaries including venture capital, asset management, foreign entities and holding companies. The role will also support annual separate account reporting and SEC filings. You will have great opportunities to collaborate with more broadly across the entire Controller Organizations and external customers.
Responsible for leading the offshore teams to prepare, review and submit the subsidiaries financial reports with full footnote disclosures in a timely and accurate manner
Perform flux analysis, complete audit tie out packages, and execute effective controls during the reporting process
Ensure that newly adopted GAAP accounting changes and the updated accounting disclosure checklist are properly and timely reflected in the financial reports
Closely monitor the critical elements related subsidiaries reporting, such as materiality thresholds, unbooked entries, management fees, capital transactions, hierarchy structure changes, and audit adjustments
Play a key role in various subsidiaries audits by working closely with external auditors and audit coordinator
Coordinate the NAIC annual statements for one reinsurer including Blue Book, Green Book and supplement reports
Supervise the offshore team and provide direct assistance and oversight with the completion of US Government quarterly/annual surveys
Participate in reviewing of annual MassMutual Green Books and registrant reports
Manage priorities effectively, ensure timely communication on any key deliverables, and lead the problem-solving discussions
Effectively collaborate with investment accounting, insurance accounting, subsidiaries controllership, investment operations, accounting policy and controls oversight, financial close & consolidations, corporate tax, expense management, capital management and other departments, as appropriate
Continue to improve the process and audit efficiency, and support critical projects/initiatives
The Minimum Qualifications
BS in accounting or finance
6+ years of experience in financial analysis and reporting
The Ideal Qualifications
MBA or equivalent preferred
Certified Public Accountant (CPA) qualification strongly preferred
Significant knowledge and experience of US GAAP and statutory reporting
Well organized and pay close attention to details
Strong oral and written communication skills
Demonstrate strong accountability and commitment
Strong multi-tasking skills and ability to adapt to change
Ability to proactively take ownership of assignments and drive them through to completion
Work in a fast paced and agile work environment to meet or exceed deadlines
Able to build and maintain strong working relationships across cross-functional groups
Experience working in a Finance transformational setting, driving continuous improvements and efficiencies beyond own scope of responsibility
Advanced knowledge of Excel and PowerPoint
Experience with Power BI and/or Alteryx would be a plus
What to Expect as Part of MassMutual and the Team
Focused one-on-one meetings with your manager
Regular meetings Subsidiaries Reporting teams, across External Reporting groups and within entire CFO organization
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
#LI-CR37
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
Scroll down to find the complete details of the job offer, including experience required and associated duties and tasks.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. #J-18808-Ljbffr
Scroll down to find the complete details of the job offer, including experience required and associated duties and tasks.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. #J-18808-Ljbffr