Investment Accounting Senior Associate - Alternative Investments
BOSTON, MAPosted 23 days ago
Job summary
Job post source
This job is directly from MassMutual
Job overview
The Investment Accounting Senior Associate role at MassMutual is a key position within the Investment Controllership team focused on managing accounting for alternative investments and driving process improvements.
Responsibilities and impact
The role involves managing monthly, quarterly, and annual close cycles, implementing the company's new ledger, leading continuous improvement activities, collaborating with Investment Management, and enhancing the control environment.
Compensation and benefits
MassMutual offers industry-leading pay and benefits, including access to business resource groups, learning platforms, and a strong ethical business environment.
Experience and skills
Candidates need a bachelor's degree in Accounting or Finance, 4+ years of experience in alternative investment accounting (private equity, venture capital, or hedge funds), with CPA and master's degree preferred, strong analytical and communication skills, and experience with system implementations is a plus.
Career development
The company provides networking opportunities, access to learning content on platforms like Degreed, and supports professional growth through focused manager meetings and resource groups.
Work environment and culture
MassMutual values ethics, integrity, diversity, and inclusion, offering a dynamic and agile work environment with support for various business resource groups and accommodations for applicants.
Company information
MassMutual is a stable, ethical financial services company with a strong Controllers Organization responsible for financial reporting, tax, policy, controls, and corporate finance data management.
Team overview
The Investment Controllership team is a critical, diverse group within the Controllers Organization focused on accurate financial stewardship, collaboration, and continuous improvement.
Job location and travel
The position is based in Boston, MA or Springfield, MA, with no specific travel requirements mentioned.
Unique job features
This role is distinguished by its involvement in implementing a new ledger system, leading process improvements, and playing a key role in a complex corporate structure with a collaborative culture.
Company overview
MassMutual, officially known as Massachusetts Mutual Life Insurance Company, is a leading mutual life insurance firm that provides a range of financial products including life insurance, disability income insurance, long-term care insurance, retirement/401(k) plan services, and annuities. Founded in 1851, the company operates on a mutual structure, meaning it is owned by its policyholders rather than shareholders, which allows profits to be reinvested into the company or distributed to policyholders in the form of dividends. MassMutual's history is marked by a commitment to financial stability and customer-centric service, making it a reputable choice for individuals seeking comprehensive financial protection and planning services.
How to land this job
Position your resume to highlight your experience in alternative investment accounting, especially with private equity, venture capital, or hedge funds, as this role demands deep domain expertise.
Emphasize your ability to manage complex financial reporting cycles, process improvements, and collaborative problem-solving within dynamic, agile environments, reflecting the key responsibilities in the job description.
Apply through multiple platforms including MassMutual's official corporate careers page, LinkedIn, and reputable job boards to maximize your application visibility and increase chances of consideration.
Connect on LinkedIn with professionals in MassMutual's Investment Controllership or broader Controllers Organization, using ice breakers such as commenting on recent company initiatives, asking about their experience working on the new ledger implementation, or inquiring about how they foster collaboration across teams.
Optimize your resume for ATS by including keywords like 'alternative investments,' 'financial reporting,' 'process improvements,' 'investment accounting,' 'private equity,' and 'hedge fund accounting' to ensure it passes automated screenings effectively.
Utilize Jennie Johnson's Power Apply feature to automate tailored resume submissions, identify multiple application channels, and discover relevant LinkedIn contacts for networking, allowing you to focus your energy on preparing for interviews and skill enhancement.
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