Investment Audit & Controls Oversight Director

Investment Audit & Controls Oversight Manager

Investment Controllership Governance

Controllers Organization

Full-Time

Boston, MA or Springfield, MA

This is an individual contributor role.

The Opportunity

This Investment Audit and Controls Oversight Manager role is a newly created position that will be a key addition to our Investment Controllership Governance team. The position reports to the Head of Investment Controllership Governance and resides within the Financial Controllership team, a critical team within the Controllers Organization which aspires to be best in class financial stewards for MassMutual. This is an opportunity for an individual who thrives in a highly dynamic and agile accounting environment to collaborate across teams focused on solid execution and improving outcomes.We are seeking an accounting professional who wants to join a highly motivated team of professionals focused on proactively driving the development and execution of process improvements, meaningful analysis and improved coordination with the business partners for investment activities. You will be responsible for coordinating audit activities on behalf of investment controllership and reporting progress to senior leadership, while also overseeing the control environment for investment controllership.

The Team

This recently formed team is responsible for the ensuring the integrity of the accounting information received from the Investment Operations securities system. This team is highly focused on the control environment supporting this purpose. To this end, the team works closely with its critical partners, Investment Operations and Investment Controllership.The team looks to leverage technology and resource opportunities to ensure an efficient and effective approach to maintaining and improving these processes and controls.

The Impact

In this role you will work with the Head of Investment Controllership Governance and be a key person owning oversight of the external audits, including the insurance companies and subsidiaries, and controls on behalf of Investment Controllership. Through the nature of this role, which involves coordinating and facilitating with the external auditors and within MassMutual, you will have high visibility to leadership within Controllers Organization as well as more broadly across Corporate Finance and into Investment Management.

Your responsibilities will include, among others, the following tasks :

• Engaged in audit planning and oversight, including subsidiary audits
• Understand and maintain periodic audit status against milestones
• Review periodic budget-to-actual status overall, and by audit area
• Engage in periodic meetings with audit area owners to understand any issues and resolutions
• Maintain & enhance internal SharePoint Site for dissemination of information to audit stakeholders
• Drive annual efforts to debrief and continuously improve the audits
• Oversee the design of processes and controls on behalf of Investment Controllership, ensuring appropriate documentation and coordinating the testing of operating effectiveness
• Challenge existing processes and controls across the investment ecosystem and make recommendations to continuously improve the overall control environment.
• Thrives in an environment whereby the team is inspired, engaged and motivated by identifying opportunities to learn and grow
• Manages priorities effectively and adapts quickly to achieve goals while developing efficiencies and establishing methods in processes & controls
• Thrives in a complex corporate structure and comfortably switch gears and alter course to adapt to changing circumstances
• Partner with teams, including but not limited to Securities Controllership, Investment Operations, Financial Reporting & Controls and ERM
• Actively participate in the implementation of the Company’s new ledger and other key projects
• Analyze and interpret financial information, processes and controls to ensure accuracy and compliance with company policy and regulations
• Collaborate with internal teams to resolve items and address investment-related issues.
• Initiates and / or leads increasingly complex continuous improvement activities
• Participating in problem solving to improve quality, cycle times, increase efficiencies, improve employee engagement and customer satisfaction within the Investment Controllership team

The Minimum Qualifications

The Ideal Qualifications

What to Expect as Part of MassMutual and the Team

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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.

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