Investment Accounting Associate 2 - Securities

Investment Accounting Associate II - Securities

Investment Controllership
Full-Time | Boston, MA

The Opportunity

MassMutual is seeking an Investment Accounting Associate II to join our growing Investment Controllership team. This newly created role will be a key contributor within Financial Controllership, a critical function within the Controllers Organization that strives to be a best-in-class financial steward for the company.

Reporting to the Director of Securities Controllership, you'll have the opportunity to work in a dynamic and collaborative environment, partnering across Finance, Investment Management, and other business teams. This role is ideal for an accounting professional who enjoys solving complex challenges, driving process improvements, and contributing to meaningful financial analysis that supports investment activities across the organization.

If you're looking to expand your investment accounting expertise while working on strategic initiatives and continuous improvement efforts, we'd love to hear from you.

The Team

As a member of the Financial Controllership team, you'll help shape the future of our organization while supporting the continued growth and evolution of the Investment Controllership function. You'll work alongside a highly engaged team of professionals who value collaboration, innovation, and delivering high-quality results.

The Impact

• Thrive in a complex and evolving business environment while adapting to changing priorities and opportunities
• Play a key role in fostering a collaborative and inclusive culture through close partnership with Investment Management and other business teams
• Support the implementation of the company's new general ledger and other strategic initiatives
• Collaborate across the organization to identify issues, implement solutions, and drive process improvements
• Perform and review reconciliations of investment data and general ledger balances, ensuring accuracy and completeness
• Review and support periodic journal entries related to investment accounting activities
• Assist in the preparation, review, and analysis of monthly financial reports and management reporting
• Partner with internal stakeholders to research and resolve investment-related accounting issues
• Contribute to monthly, quarterly, and annual close processes.
• Analyze investment and financial data to identify trends, explain results, and assess impacts on investment valuations and earnings
• Support regulatory and external audit requests related to financial reporting and investments
• Participate in problem-solving initiatives focused on improving quality, efficiency, and operational effectiveness
• Recommend enhancements that strengthen the overall control environment of the Securities accounting team
• Research and support the implementation of new statutory and U.S. GAAP investment accounting guidance

The Minimum Qualifications

• Bachelor's degree
• 4+ years of investment accounting experience with increasing levels of responsibility
• 4+ years of experience applying U.S. GAAP and/or STAT accounting principles
• 1+ years of experience using analytical skills to interpret financial data and communicate meaningful insights

The Ideal Qualifications

• CPA or CFA designation preferred
• Knowledge of statutory (STAT) accounting preferred
• Master's degree preferred
• Experience and understanding of investment products and investment accounting
• Demonstrated ability to produce high-quality work while taking on increasing levels of ownership and responsibility
• Experience evaluating new investments and accounting guidance to support appropriate accounting treatment and reporting across the organization
• Experience supporting accounting or financial systems implementations preferred
• Proven ability to build strong partnerships and collaborate effectively across cross-functional teams
• Excellent written and verbal communication skills, with the ability to clearly and effectively communicate complex concepts to a variety of audiences
• Ability to succeed in a fast-paced, dynamic environment while managing multiple priorities and deadlines
• Intellectual curiosity and a passion for continuous learning, growth, and professional development

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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Salary Range:

$99,800-$131,000

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

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. 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. At MassMutual, we Live Mutual.

MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees.  Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.  For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.