Mutual Opportunities
Head of Corporate Finance Information
Boston, Massachusetts; Springfield, MassachusettsThank you to our employees for voting us one of the top places to work in Massachusetts for five 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.’
Job Description
THE OPPORTUNITY
This role is responsible for the architecture and execution of the Corporate Finance information ecosystem, which includes setting the strategy and roadmap for the interconnectivity and usability of financial information across CFO. This role will oversee the teams accountable for the various components of the financial infrastructure, including financial data (e.g., data warehouses, data lakes, and data capabilities), significant financial applications, and the successful transformation, upgrade, and maintenance of the enterprise accounting general ledger on the SAP platform.
The individual will lead and transform the integrity and actionability of the company’s financial information, as well as drive influence across Corporate Finance, Enterprise Technology, and executive leaders across the company.
This role will oversee a team that manages and supports a broad set of significant financial applications and financial data domains including the SAP general ledger, sub-ledgers, planning, reporting and treasury tools.
The team delivers an appropriately defined set of well-maintained, accurate, governed and controlled data sets and data culture through automating processes and identifying industry leading tools to enhance financial data management. This role works closely with Enterprise Technology to ensure alignment to the enterprise technology and data management strategy and framework.
This leader will champion across Corporate Finance to build a common understanding of effective technology and data usage leading to data-informed decisions and actions. The individual must have strong technical understanding of financial data, applications and software development life cycle from planning and analysis to build, test and deployment.
This highly visible role leads meaningful impact with the finance information ecosystem. The successful candidate has the ability to influence strategic finance direction and partner across Corporate Finance and business partners to effectuate positive change on enterprise results and strategic delivery.
The Head of Corporate Finance Information will lead a cross-functional team within the Controllers organization, overseeing the Corporate Finance information ecosystem. Their 30+ member team is responsible for the success of interdependencies among the Corporate Finance information infrastructure.
This role reports directly to the Corporate Controller.
RESPONSIBILITIES
Set Strategy
- Lead functional strategy and implementation of effective management, governance and sustainment of Corporate Finance information ecosystem data domains and applications
- Drive functional strategy for the near-term upgrade and ongoing maintenance of our enterprise accounting ledger
- Drive strategy on how data flow should flow through the financial systems, planning appropriately for changes while prioritizing and implementing enhancements.
- Establish the operating model for applying data governance, data management and financial application support, defining and operationalizing key processes and setting standards with clear roles and accountability
Governance
- Establish effective governance and management process around the general ledger and financial data infrastructure for master and reference data changes
- Enhance governance and internal control procedures to maintain and consistently improve on a strong control environment with key timelines, milestones and deliverables for successful initiative execution
Leading Team
- Champion a culture in Corporate Finance where employees are equipped to effectively participate in the governance of data as part of analyzing and driving decisions and action
- Solve complex business problems and have a high degree of accountability
- Foster and engage a high-performing, inclusive culture by attracting, retaining, and developing diverse talent who feel engaged in the vision and priorities
- Develop the next generation of leaders who strategically partner with internal/external stakeholders to facilitate knowledge transfer and talent mobility
- Drive employee and team engagement, development, and communication
Stakeholder Engagement
- Build a strong engagement model with the Enterprise Technology organization in partnering on our financial technology
- Collaborate with functional owners to create and maintain operational reporting and automated processes/tools
- Partner with and provide oversight of our strategic partners for support of our general ledger, treasury production and financial applications
- Influence and work with senior leadership to identify and prioritize opportunities for enhanced financial information and establish the associated delivery roadmap
- Collaborate and partner with other MassMutual business units and corporate functions to map the accurate, timely and efficient submission of data required to meet financial reporting requirements
- Collaborate closely with other Controllers teams to ensure the accurate recognition of accounting for various transactions and events
- Collaborate with accounting policy and Controllers units on the evaluation of new GAAP and statutory reporting impacts, while assisting on the implementation of new financial reporting processes on the operational aspects of accounting recognition
QUALIFICATIONS
- Bachelor’s degree with a Master’s degree or equivalent preferred
- 15+ years’ experience in a progressively more impactful leadership role involving financial applications and data governance in the financial services industry
- Direct experience in strategy design and execution management for a general ledger upgrade and financial data infrastructure development
- Excellent knowledge of SAP (or similar enterprise ERP) general ledger and related configuration opportunities for a complex financial institution
- Ability to assess alternative configuration options within the general ledger and financial data infrastructure, given regulatory and business reporting requirements and make comprehensive recommendations for optimal design
- Leadership experience and detail orientation with complex cross-functional projects involving multiple business areas across a diverse value stream
- Demonstrated experience in driving innovation, automation and change leadership
- Effective knowledge and experience with corporate governance best practices, as well as internal control principles and execution
- Strong understanding of US GAAP and insurance statutory accounting and financial reporting regulations
- Knowledge and background with life insurance, annuities, disability income, and investments preferred
- Track record presenting complex matters in a clear concise manner, with the ability to influence positive action among executives, partners and teams
- Ability to effectively identify, communicate and share solutions through both written and verbal communication
- Sound business judgment in an environment of rapid change with the ability to respond to changes in conditions, tight deadlines and high-pressure situations
- Experience working in a transformational setting through driving change to achieve improved outcomes while managing competing priorities
- Demonstrated experience in leading, managing and developing a high impact team that exhibits strong results delivery, diversity in thought and composition, strong business partnerships and talent development
- Experience as a senior leader in a Corporate Finance function
#LI-IZ1
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.
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.
Hiring Process
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Screen
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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*
- 88% of employee respondents say they are proud to work at MassMutual
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90
% of employee respondents say they feel encouraged to bring forth new ideas - 86% of employee respondents say MassMutual cares about and supports the well-being of their employees
*Source: 2024 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 embrace diversity in every sense, focusing on building 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.
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