Director of Partnership Accounting

Director of Partnership AccountingAlternative Investments, Investment ControllershipFull-TimeSpringfield, MA or New York, NY, or Boston, MAThe OpportunityReporting to MassMutual’s Director of Alternative Investments, the Director of Partnership Accounting will be a key partner and representative to the investment accounting processes. The position will lead a team of MassMutual employees and a third-party partner.As a Director in the Controllers Organization of Corporate Finance, you will lead the team that manages and executes investment accounting and analysis, including oversight of financial reporting outcomes of all MassMutual Partnership investment products, including private equity, real estate equity, special purpose vehicles, and MassMutual’s investment subsidiaries. You will thrive in a highly dynamic and agile accounting environment, focused on both execution and improvement of outcomes. If you want to continue your career as part of a diverse team of highly motivated professionals, we look forward to returning to the office in a hybrid structure to maximize collaboration and flexibility.The TeamThe Investment Controllership team is a high-profile team in the Controllers organization, comprised of accountants who oversee our various asset classes and investment activity. The team continues to grow in support of our growing level of assets, key initiatives, and special projects. We pride ourselves on working with agility and being a reliable source of information in the organization.The Impact:Lead team responsible for ensuring the accurate, timely completion of monthly, quarterly, and annual accounting close cycles for complex investment accounting by effectively planning, monitoring, and problem-solving.Develop, document, and assure adherence to an internal control framework that ensures accurate and timely financial reporting.Develop and lead various initiatives focusing on increasing efficiency and adding value.Analyze trends and results, using strong business acumen and communication skills to collaborate with peers and the financial reporting team.Responsible for review, accuracy, and timely completion of Partnership footnotes and NAIC schedules.Perform frequent ad hoc analysis and assist with special projects as requested.Execute on process redesign as a result of the increase in our investment strategies and development of analytics for quarterly partnership results.Serve as the point of contact for external auditors on all partnership-related matters.Effectively collaborate with accounting policy, the chief Investment office, tax, financial reporting, capital management, and business unit controllers.Lead the research and implementation of new statutory and GAAP investment accounting requirements.The Minimum QualificationsBachelor’s or Master's degree in accounting, finance, or related field.8+ years of relevant experience in Alternative Investment Accounting, with direct experience in private equity, venture capital, or hedge fund accounting.1+ years experience leading teams in a deliverable-oriented environment.The Ideal QualificationsExperience in insurance company Investment GAAP and Statutory accounting.1+ years of experience developing and managing onshore and offshore teams.CPA or progress towards preferred.Experience in identifying internal control issues and remediation efforts.Preferred experience working in a Lean Six Sigma environment.Ability to partner with and influence business leaders and peers in investment process redesign and improvements.Experience using investment data and information to analyze and communicate the implications of investment accounting.Intellectual curiosity to continue learning and adding breadth and depth to understanding.What to Expect as Part of MassMutual and the TeamRegular meetings with the Investments Accounting Team.Focused one-on-one meetings with your manager.Access to mentorship opportunities.Networking opportunities including access to various 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.

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