Financial Reporting Consultant

The Opportunity

As a Financial Reporting Consultant, you will focus on financial reporting received from the service providers and/or the preparation of financial analysis for the mutual funds. Additionally, you will work on special projects and ad hoc requests, as needed.

The Team

The Mutual Fund Operations Team is comprised of eight individuals who are focused on expense budgeting and accruals, mutual fund security valuation, regulatory reporting, and process improvements. The expense budgeting and accrual employees are responsible for monthly updates to fund budgets, processing of fund expenses, quarterly board reporting, and reviewing quarterly financial statements. The valuation employees are focused on the nightly fair valuation process, monthly reporting to the valuation committee, quarterly reporting to the board, and oversight of third-party pricing vendors. We have a culture of communication, understanding, and accountability. We are a very collaborative and open team with individuals who have varying levels of education and work experience. The team is motivated to work together, create efficiencies in their processes, create automation whenever possible, and encourages cross-training within the group. The team started out with a single employee and has grown over the years, with continuity on the team from 1-13 years.

The Impact

New regulatory requirements have increased demand for reporting and filings. As a result, we are looking for an experienced financial reporting professional who will be responsible for the following:

• Establishing and adhering to regulatory reporting deadline calendars (quarterly, semi-annual, and prospectus)

• Managing internal and external party deliverables related to regulatory reporting filings

• Assisting in the preparation and review of financial statements, prospectus filings, and other regulatory filings

• Compiling internal and external comments related to regulatory filings

• Updating footnote library and expense notes for fund actions throughout the period

• Assisting in the implementation of new regulatory requirements

• Working on special projects and ad hoc requests as assigned by the Treasurer and Assistant Treasurer

The Minimum Qualifications

• Associates Degree in accounting/finance OR at least 4+ years professional financial reporting experience in lieu of degree

• 2+ years of related financial reporting experience

• Experienced user of Microsoft Excel

The Ideal Qualifications

• Bachelor’s Degree in accounting or finance

• Knowledge of investments, mutual fund operations, and regulatory reporting requirements

• Advanced user of Microsoft Excel (pivot tables, macros, and queries)

• Experience in the area of process improvement

• Strong analytical and problem resolution skills

• Thrives in both a team and self-motivated environment

• Attention to detail and strong organizational skills

• Excellent verbal and written communication

• Effective time management and communication skills

• Works independently of direct supervision

Position Location - Springfield, MA

• You will be required to work from our Springfield, MA office 2-3 days per week.

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Mutual Fund Administration 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

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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.

Offers of employment are contingent on the completion of satisfactory references, background investigation, and (if applicable) any federal securities law requirements/FINRA regulations (including fingerprinting) and/or passing of a drug screening.