Mutual Opportunities
Controller - Credit Union
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
Controller - Credit Union
Springfield, MA - Hybrid (3 days in office per week)
The Opportunity:
As the Controller of MassMutual Federal Credit Union (MMFCU), you will be a valued member of a supportive, diverse, and skilled team. All MMFCU team members are committed to delivering a consistent and memorable experience to our members and potential members. You will be responsibly for the accounting operations of the credit union, to include overseeing the accuracy and timeliness of the accounting records, preparation of standard internal and external financial reports, and maintenance of a comprehensive set of internal controls designed to mitigate risk, enhance the accuracy of the credit union’s reported results, and ensure that reported results comply with generally accepted accounting principles, as well as state and federal credit union regulations.
The Team:
The finance team is comprised of a CFO, an accounting specialist and an accounting assistant. The team is expected to work cross-functionally and collaboratively with other business units within the organization.
The Impact:
Oversee accurate and efficient accounting operations, internal controls, and financial reporting for the credit union.
Responsible for the chart of accounts and necessary internal controls over the general ledger to include appropriate reconciling processes, software application, and segregation of duties.
Responsible for the standard internal and external financial reporting of the credit union, including the quarterly NCUA 5300 report.
Work closely with the CFO to ensure accounting estimates are accurate and well-supported this will include leading the efforts to comply with FASB’s current expected credit losses standard (CECL).
Maintain a documented system of accounting internal controls, policies, and procedures.
Manage the accuracy and productivity of the daily activities of accounts payable, accounts receivable, fixed assets.
records, and general accounting.
Assist in the preparation and the monitoring of the budget.
Ensure accounting records and reports are in compliance with GAAP and government regulations.
Cooperate with and assist external auditors and regulators as appropriate.
Assist with various profitability analysis and reporting, including assessment of the credit union’s operations and products and services.
Comply with local, state, and federal government reporting requirements.
Establish effective communications and processes within the department.
Minimum Qualifications:
Bachelor's Degree in accounting, finance or business
5+ years of progressively responsible work experience; preferably in a bank or credit union, or equivalent combination of education and experience.
Preferred Qualifications:
MBA or CPA
Proven knowledge of GAAP
Understanding of audit functions and procedures and related regulations.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Familiarity with credit union accounting terminology and standards.
Familiarity with credit union system terminology and acronyms.
What to Expect as Part of the Team
Regular collaboration with the CFO and leadership team
Focused one-on-one time 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
Employment is contingent upon successfully passing a credit check.
#LI-DM2
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.
Salary Range: $92,800.00-$121,800.00
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*
- 88% of employee respondents say they are proud to work at MassMutual
-
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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