Consolidation Accounting Manager

Company: MassMutual
Location: Hartford
Posted on: April 14, 2025

Job Description:

Consolidation Accounting ManagerFinancial Close and Consolidation Full-TimeBoston, MA or Springfield, MAThis is an individual contributor roleThe 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 TeamWe 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 eliminations
• Coordinates with teams across the organization including Investments, Subsidiary Controllership, Tax to ensure close deliverables are completed timely and accurate
• Supporting integration of new subsidiaries and management actions into consolidation and close process
• Works with internal and third-party subsidiary accounting teams to review and manage posting of trial balances to SAP ledger
• Owns Transfer Pricing (actuals)process; coordinates with relevant FP&A team members and business stakeholders to ensure appropriate methodology is followed and oversees execution
• Monitor the control deficiencies related to Consolidation close, including timely and effective remediation
• Continuous improvement and ad hoc projects
• Ownership of annual investment segment surplus true-up process including allocation percentage process
• Subsidiary valuation process ownership
• Provide management and oversight of offshore resourcesThe Minimum Qualifications
  • Bachelor's degree in accounting, finance or related field
  • 6 + years of equivalent experience in a public accounting or large sophisticated corporate environment.The Ideal Qualifications
    • CPA
    • Solid 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 required
    • Willingness to continuously learn new technologies and discover new ways to perform business processes more effectively and efficiently.
    • Experience in best-in-class control execution/documentation
    • Experience 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 quality
    • Strong 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 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.#LI-CR37MassMutual 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.

Keywords: MassMutual, New York , Consolidation Accounting Manager, Accounting, Auditing , Hartford, New York