The Opportunity

We seek an energetic, motivated, and skilled Finance Consultant to join our team. As a Subsidiary Reporting Specialist, you will be part of an interdisciplinary reporting and analysis team in our Controller’s department that can execute on accounting principles’ disclosure requirements while leveraging key reporting systems to optimize, compile, analyze audited statements and management reports, while coordinating with internal customers as well as external auditors.  As a Finance Consultant, you will also join an energized and collaborative team that supports cross-functional strategic initiatives across the enterprise, optimization and oversees our business partners’ results.

This role will have a hybrid working arrangement (mix of in office / remote from home flexibility).

The Team

As a Subsidiary Reporting Specialist, you will join the Subsidiary Reporting team, part of MassMutual’s Corporate Finance Organization. The Subsidiary 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 be responsible for the delivery of subsidiary audited financial statements; supporting separate account reporting and filings; collaborate with internal and external customers; and execute on financial reporting controls. To accomplish this, you will:

• Assist in Non-Life subsidiary reporting and audits by facilitating the audits and collaborating with other business areas to provide support documents to external auditors
• Assist in monitoring the subsidiary materiality, unbooked entries, and audit adjustments for reconciliation
• Assist in setting up new subsidiaries reporting in CDM and footnote templates as needed
• Assist in ensuring that newly adopted GAAP accounting changes are properly and timely reflected in the subsidiary reports+
• Prepare the BOD materials for certain subsidiaries
• Provide direct assistance with production of MassMutual Green Books, registrant reporting, NCENTs and 24f-2 reviews
• 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

• Bachelor's (or Masters) degree in Accounting, Data Science, Business Intelligence or Finance is required
• Strong financial analysis and reporting background
• 5 years of experience in financial analysis and reporting
• Produce and review audited statements, including disclosures
• Experience with general ledger reporting cubes and warehouses; and the ability to gather data elements from various sources
• Experience in fast-paced, agile and flexible work environment
• Use tools, applications, and/or queries to create and configure new reports, dashboards & decision making analytics
• Validate and test data & reports to ensure accuracy and quality
• Research and interpret changes in accounting policies, competitive landscape and emerging trends.
• Other competencies required include customer focus, change & innovation, strategic thinking, relationship building & influencing.

The Ideal Qualifications

• Preferred technical skills required for this position include:  application of advanced insurance and investment statutory accounting principles
• Advanced knowledge of Excel and PowerPoint
• CPA or advanced degree in Accounting is preferred 

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Subsidiary Reporting 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

About MassMutual

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 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.

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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.

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