Mutual Opportunities
Director of Investment Accounting Governance
Boston, Massachusetts; Springfield, Massachusetts
Thank you to our employees for voting us one of the top places to work in Massachusetts for seven consecutive years!
Overview
Finance and Accounting is at MassMutual’s core, and our team is ushering in an era of growth. We are looking for bold ideas, creative solutions, and comfort embracing change. We strive to build a diverse team and leverage different points of view to optimize processes and build strong relationships.
Our team is motivated by challenging work that delivers substantial impact in a culture of accountability and collaboration. We treat policyowners and customers fairly and prioritize financial stability. Being part of a mutual company means that our teams can think long-term, and employees can dive deep into the complex structure of products and the organization.
Our finance teams are experts in their field and thrive in fast-paced environments. They balance the needs of the business and invest in the long term, while always putting the customer first. They align their work with our live mutual philosophy and strive to always make the right choice for our policyowners. We are building a team that truly embodies ‘together we move forward.’
“At MassMutual, finance is the heartbeat of our company. Maintaining financial strength and stability and earning trust are key to how we operate. And as a mutual life insurance company, we don’t have shareholders. This means that our finance team can think long-term when choosing the best paths to fulfill our purpose: helping people to secure their futures and protect the ones they love. We’re looking for dedicated, skilled, creative finance professionals to join us in tackling complex challenges. Here, you’ll have the opportunity to grow your career in a place that values your ideas and invites you to challenge the status quo.”
Job Description
Director of Investment Accounting Governance
Investment Controllership Governance/Investment Controllership
Full-Time/Boston, MA or Springfield, MA
The Opportunity
MassMutual is seeking an experienced and strategic leader to join our Investment Controllership team as the Director of Investment Accounting Governance. In this highly visible role, you'll help shape the future of investment operational accounting by strengthening controls, modernizing processes, and supporting the evolution of our investment accounting technology landscape.
Reporting to the Head of Investment Controllership Governance, you will lead a team of accounting professionals and an offshore partner organization while collaborating across Investment Operations, Securities Controllership, Finance, Treasury, and Enterprise Risk Management. You'll play a key role in ensuring the integrity of investment accounting data, driving operational excellence, and supporting the implementation of a new investment accounting subledger.
This is an opportunity for a leader who enjoys solving complex challenges, building high-performing teams, and driving meaningful change in a dynamic investment environment.
The Team
The Investment Accounting Governance team is responsible for maintaining the accuracy and integrity of accounting information generated by our investment accounting systems while supporting the organization's ongoing modernization efforts.
As part of this team, you'll work closely with business and technology partners to enhance controls, streamline processes, and implement new solutions that improve efficiency and transparency across the investment accounting ecosystem. The team is focused on continuous improvement and leveraging technology, automation, and data-driven insights to support a growing and increasingly complex investment portfolio.
The Impact
In this role, you will:
- Lead and develop a team responsible for operational securities accounting controls and account reconciliation activities.
- Ensure the completeness and accuracy of investment-related balance sheet accounts, net investment income, and realized and unrealized gains and losses.
- Coach, mentor, and support team members through ongoing training and professional development initiatives.
- Manage and oversee the performance of offshore partners, monitoring key performance indicators and driving continuous improvement.
- Help design and implement control frameworks supporting the transition to a new investment accounting subledger.
- Research, analyze, and resolve complex reconciliation differences across investment and accounting platforms.
- Drive initiatives that modernize and automate reconciliation processes through AI, technology, and other process improvement solutions.
- Analyze clearing and suspense balances within investment accounting and general ledger systems.
- Partner with FP&A to support management reporting and provide meaningful insights into net investment income results and trends.
- Evaluate and explain one-time adjustments and top-side accounting entries impacting investment income.
- Strengthen the operational control environment by identifying risks and implementing effective solutions.
- Collaborate across Investment Operations, Securities Controllership, Treasury, Financial Reporting, ERM, and other key business partners.
- Establish scalable workflows and operational accounting processes that support future growth and transformation.
The Minimum Qualifications
- Bachelor's degree
- 8+ years of experience in accounting, finance, or investment accounting supporting and/or overseeing accounting and operational processes related to investment portfolios, securities transactions, or financial reporting
- 2+ years of experience leading teams, including managing onshore and offshore resources
The Ideal Qualifications
- Bachelor's or Master's degree in Accounting, Finance, or a related discipline
- Experience within investment operations, investment accounting, or financial services
- Knowledge of insurance investment accounting and investment accounting platforms
- Understanding of fixed income securities, equities, mortgage loans, bank loans, and other investment asset classes
- CPA designation preferred
- Strong analytical and problem-solving skills with the ability to translate complex financial data into actionable insights
- Experience leading process improvement, automation, or transformation initiatives
- Ability to build strong, collaborative relationships across multiple functions and levels of an organization
- Excellent written and verbal communication skills with the ability to influence and present effectively to leadership and stakeholders
- A growth mindset and intellectual curiosity, with a passion for learning and continuous improvement
- Proven ability to deliver high-quality results in a fast-paced, evolving environment
What to Expect as Part of MassMutual and the Team
- MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect:
- Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
- A collaborative environment where perspectives are welcomed
- Access to learning, development, and internal networks that support continuous growth and skill-building over time
- Employee-led communities and forums that foster connection, learning, and inclusion across the organization
- A culture grounded in integrity, responsibility, and stewardship—supported by a company with a strong legacy and a future-focused mindset
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If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $137,800-$180,800
Hiring Process
Explore
Explore our open jobs by clicking 'search jobs' to find a position that aligns with your experience and skills. You may also consider joining our Talent Network.
Apply
Click the “apply” button on that job posting to complete and submit your application. Your application will be reviewed by a recruiter, which, due to the volume of applications received, may take some time as we carefully consider each application.
Screen
After your application has been reviewed, if you meet the qualifications for the role, a recruiter will reach out to you to start a conversation.
Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 85% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say the work they do at MassMutual is meaningful - 85% of employee respondents say they feel encouraged to come up with new and better ways of doing things
*Source: 2025 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. It’s more than our company structure — it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources and rely on each other when it counts.
We strive to build a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
Candy
Marketing Consultant
Atsam
Head of Advisor/Client Experience & Business Excellence
Erica
Head of Procurement
where we work
Springfield Office
1295 State Street, Springfield, MA
Boston Office
10 Fan Pier Blvd, Boston, MA
New York Office
2 Park Ave,
New York, NY
Virtual
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