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MassMutual External Reporting Specialist in Springfield, Massachusetts

  • We look forward to returning to the office in a hybrid structure to maximize collaboration and flexibility, blending time working remotely and in the office at either our Boston, MA or Springfield, MA locations.

The Opportunity

We seek an energetic, motivated, and skilled accountant to join our reporting team in our Controller’s department. As an External Reporting Specialist, you will be an experienced accounting professional who wants to work with a diverse team of highly motivated professionals focused on delivering high-quality of work in a timely and accurately manner, performing year-over-year flux analysis, and proactively driving the development and execution of process improvement. 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.

The Team

The Subsidiaries Reporting team is part of a large Reporting team and is responsible for overseeing our various legal entities reporting and audits. Our team is highly 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 by working closely with internal stakeholders and external auditors. We strive to continuously improve by working together as team to make each other and our processes better.

The Impact

As an External Reporting Specialist, you will work with Head of Subsidiaries Reporting and be responsible for the delivery of subsidiaries audited financial statements; supporting separate account reporting and filings; collaborate with internal and external customers; and execute on financial reporting controls and process improvement. To accomplish this, you will:

  • Proactively coordinate subsidiaries reporting and audits by facilitating audit meetings, collaborating with other business areas to provide support documents to external auditors, and tracking the completion and efficiency of each audit

  • Responsible for preparation, review and submission of subsidiaries financial reports, footnote disclosures and flux analysis

  • Closely monitor the subsidiaries’ materiality, unbooked entries, management fees, and audit adjustments for reconciliation

  • Timely modify the subsidiaries’ hierarchy structures and set up new subsidiary templates and reports in SAP and the CDM reporting system

  • Ensure that newly adopted GAAP accounting changes are properly and timely reflected in the subsidiary reports

  • Prepare the BOD materials for subsidiaries by working closely with the financial controllership team

  • Assist in reviewing annual MassMutual Green Books and registrant reporting, NCENTs and 24f-2 filings

  • Work closely with the off-shore resources by providing assistance and supervision

  • Continue identifying and implementing process improvement opportunities for subsidiary and separate account reporting

  • Work in a fast paced and agile work environment to meet or exceed deadlines

The Minimum Qualifications

  • BS in accounting, finance or related field; MBA or equivalent preferred

  • 5 years of experience in financial analysis and reporting

  • Significant knowledge and experience of US GAAP

  • Strong oral and written communication skills

  • Demonstrate strong accountability and commitment

  • Other competencies required include customer focus, change & innovation, strategic thinking, relationship building & influencing

The Ideal Qualifications

  • Certified Public Accountant (CPA) qualification OR Advanced degree in Accounting is preferred

  • Experience with Statutory or SEC reporting is preferred but not required

  • Strong multi-tasking skills and ability to adapt to change

  • Ability to proactively take ownership of assignments and drive them through to completion

  • In-depth knowledge of US GAAP and Statutory reporting

  • Advanced knowledge of Excel and PowerPoint

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the Subsidiary Reporting team

  • Focused one-on-one meetings 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

About MassMutual

We’ve been around since 1851. During our history, we’ve helped millions of people find financial freedom, offer financial protection, and plan for the future.

Today, we continue to develop meaningful relationships with our customers by building their trust, being knowledge problem solvers and always prioritizing their needs. MassMutual is guided by a single purpose: 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.

MassMutual was recognized as an Ethisphere 2020 World’s Most Ethical Company, a Top Place to Work in 2020 according to The Boston Globe and named among America’s Best Employers for Diversity according to Forbes 2020.

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.

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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.

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