Benefits Accounting Manager

Corporate Controller Organization

Full-time

Boston, MA, Springfield, MA, or New York, NY

This is an individual contributor role

The Opportunity

The benefits accounting manager is a mastery-level position and a key contributor in the team that manages and executes corporate finance initiatives, including benefits accounting and analysis, financial statement reporting. Benefits accounting includes ownership of the accounting and financial reporting outcomes of MassMutual’s pension, thrift and other benefit plans. This is an opportunity for an individual who thrives in a highly dynamic and agile accounting environment to collaborate across teams seeking solid execution and improving outcomes. This is an opportunity for an accounting professional who wants to be part of a highly motivated team of professionals focused on proactively driving the development and execution of process improvement, meaningful analysis, and control execution for corporate accounting activities.

The Team

Our team has a high business acumen and is driven to provide timely and accurate financial information to our customers and be an agile and reliable source of information in the organization. We strive to continuously improve by working together as team to make each other and our processes better.

The Impact

• Analyze trends and results, use strong business acumen and communication skills collaborating with peers and the financial reporting team to draft and contribute to commentary which enables readers to quickly understand how performance is impacting financial results.
• Contributes to the completion of expense projections, accounting memos, and financial statements ensuring accuracy and compliance with the appropriate accounting regulations.
• Develops, documents, and assures adherence to an internal control framework that ensures accurate and timely financial reporting. Makes recommendations to continuously improve the overall control environment. Monitors the control environment of benefits accounting, including accounting performed by vendors. Ensures policies and procedures are adhered to.
• Effectively collaborates with human resources, accounting policy, close and consolidations, FP&A, expense management, financial reporting, and corporate shared services.
• Uses professional insight to identify and implement accounting improvements that increase the business value and efficiency of the team. Initiates and/or leads increasingly complex projects and continuous improvement activities that may span beyond the scope of the team's responsibilities. Responsible for leading problem solving to improve quality, close cycle times, increase efficiency, improve employee engagement and customer satisfaction.

The Minimum Qualifications

• Bachelor’s degree
• 6+ years’ experience managing and executing corporate finance initiatives, including benefits accounting and analysis and financial statement reporting

The Ideal Qualifications

• Significant experience with pension and benefit accounting
• Continuous improvement mindset
• Demonstrated versatility partnering with and influencing business leaders and peers across the organization
• Strong multi-tasking skills and ability to adapt to change
• CPA strongly preferred
• Ability to proactively take ownership of projects and drive them through to completion
• Experience in identifying internal control issues and remediation efforts
• Experience in project managing high profile projects that need collaboration across multiple groups
• Preferred experience working with and supporting several corporate units
• Intellectual curiosity to continue learning and adding breadth and depth to understanding

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Financial Controllership Team

• Focused one-on-one meetings with your manager

• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, 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

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Salary Range:

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.