Financial Reporting Manager

Financial Reporting Manager

Subsidiaries Reporting Team

Full-time

Springfield, MA or Boston, MA

The Opportunity

We seek a motivated, energetic, and skilled accountant to join Subsidiaries Reporting team in our Controller’s Organization. This position reports to the Head of Subsidiaries Reporting. As a Financial Reporting Manager, you will be part of an experienced accounting professionals who wants work with a diverse team of highly motivated professionals focused on delivering high-quality of work in a timely and accurate manner. This is an opportunity to an individual who thrives in a highly dynamic and agile accounting environment to collaborate across teams seeking solid execution and improving outcomes.

This will be an individual contributor role and will be responsible for overseeing our off-shore team.

The Team

The Subsidiaries Reporting team, part of MassMutual’s Corporate Finance Organization. The Subsidiaries Reporting team is motivated by challenging work that delivers substantial impact in a culture of accountability and collaboration. Team members are energized to deliver timely and accurate financial reporting data to internal and external customers while successfully executing on financial reporting controls.

The Impact

You will work with Head of Subsidiaries Reporting and be responsible for compiling, reviewing and delivering internal GAAP Consolidated financial statements and audited financial statements for various non-life subsidiaries including venture capital, asset management, foreign entities and holding companies. The role will also support annual separate account reporting and SEC filings. You will have great opportunities to collaborate with more broadly across the entire Controller Organizations and external customers.

• Responsible for leading the offshore teams to prepare, review and submit the subsidiaries financial reports with full footnote disclosures in a timely and accurate manner
• Perform flux analysis, complete audit tie out packages, and execute effective controls during the reporting process
• Ensure that newly adopted GAAP accounting changes and the updated accounting disclosure checklist are properly and timely reflected in the financial reports
• Closely monitor the critical elements related subsidiaries reporting, such as materiality thresholds, unbooked entries, management fees, capital transactions, hierarchy structure changes, and audit adjustments
• Play a key role in various subsidiaries audits by working closely with external auditors and audit coordinator
• Coordinate the NAIC annual statements for one reinsurer including Blue Book, Green Book and supplement reports
• Supervise the offshore team and provide direct assistance and oversight with the completion of US Government quarterly / annual surveys
• Participate in reviewing of annual MassMutual Green Books and registrant reports
• Manage priorities effectively, ensure timely communication on any key deliverables, and lead the problem-solving discussions
• Effectively collaborate with investment accounting, insurance accounting, subsidiaries controllership, investment operations, accounting policy and controls oversight, financial close & consolidations, corporate tax, expense management, capital management and other departments, as appropriate
• Continue to improve the process and audit efficiency, and support critical projects / initiatives

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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