Consolidation Accounting Manager

Financial Close and Consolidation

Full-Time

Boston, MA or Springfield, MA

This is an individual contributor role

The Opportunity

As a Consolidation Accounting Manager, you will work with the Director of Financial Close and Consolidation and be a key person owning the oversight of the consolidation accounting of the non-insurance subsidiaries, including accurate debt balances, capital activity and intercompany eliminations.  This position will work very closely with the Financial Close and External Reporting leaders and Subsidiary Controllership in various projects including adding new subsidiaries, management actions and intercompany activity into the process. This is an opportunity for an experienced accounting professional who thrives in a highly dynamic and agile environment to collaborate across teams seeking solid execution and improving outcomes.

The Team

We are seeking a highly motivated Accounting Consultant to be part of Financial Close & External Reporting Team.This position will play a key role in the build out and continuous improvement of the Financial Close & External Reporting’s consolidation and close processes, reports and analysis.

The Impact

Responsible for accurate consolidation accounting of the Company’s non-insurance   subsidiaries, including accurate debt balances, capital activity and intercompany eliminationsCoordinates with teams across the organization including Investments, Subsidiary Controllership, Tax to ensure close deliverables are completed timely and accurateSupporting integration of new subsidiaries and management actions into consolidation and close processWorks with internal and third-party subsidiary accounting teams to review and manage posting of trial balances to SAP ledgerOwns Transfer Pricing (actuals)process; coordinates with relevant FP&A team members and business stakeholders to ensure appropriate methodology is followed and oversees executionMonitor the control deficiencies related to Consolidation close, including timely and effective remediationContinuous improvement and ad hoc projectsOwnership of annual investment segment surplus true-up process including allocation percentage processSubsidiary valuation process ownershipProvide management and oversight of offshore resources

The Minimum Qualifications

Bachelor’s degree in accounting, finance or related field6 + years of equivalent experience in a public accounting or large sophisticated corporate environment.

The Ideal Qualifications

CPASolid analytical and technical capability - ability to assimilate/summarize a large amount of information from multiple sources and present in a value-added form for senior management.Proficiency with Microsoft Office, Business Intelligence tools (e.g. Power BI, Tableau) and Alteryx is desired but not requiredWillingness to continuously learn new technologies and discover new ways to perform business processes more effectively and efficiently.Experience in best-in-class control execution/documentationExperience in using accounting data and information to analyze and articulate financial results.Ability to perform independent accounting research and serve as a key resource for resolution of unique or complex business problems.Ability to lead the collaboration efforts between Close and Consolidation team and other internal or external stakeholders to achieve results and improve satisfaction.Solid problem-solving skills and ability to work independently, using sound and independent judgment.Results-oriented, can work under tight timelines and manage competing priorities.Excellent customer focus and commitment to qualityStrong multi-tasking skills, ability to adapt to change and manage competing priorities.Ability to handle complex long-term focused projects and take ownership to drive them through completion.Experience working in a Finance transformational setting; driving continuous improvements and efficiencies beyond own scope of responsibility.Experience working in a Lean Six Sigma environment with strong root cause problem solving experience.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 Corporate Finance TeamFocused one-on-one meetings with your manager.Access to mentorship opportunitiesNetworking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, Veteran and disability-focused Business Resource GroupsAccess 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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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.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. EEO Statement (Opens in new window)

MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.

Salary Range: $113,100.00-$148,400.00