Jobs Companies MassMutual Financial Control Consultant

About this Financial Control Consultant role at MassMutual

MassMutual · Onsite · Springfield, MA

The Opportunity

As a Financial Control Consultant, you will have the opportunity to demonstrate and advance your accounting, reporting, auditing, financial analysis and computer system skills by acting as the primary liaison to Corporate Finance or other financial partners on more complex matters. This position will support establishment and maintenance of controls to ensure operational integrity and meet requirements set forth by internal and external audit partners.

The Team

Operations Financial Controls supports the maintenance and integrity of MM’s financial statements by performing various control activities of operational financial transactions. The team also provides support for audits and special projects.

The Impact

The Financial Controls Consultant needs a thorough understanding of our insurance products and administrative platforms and the associated accounting practices. A successful candidate must be able to work accurately and with limited supervision and must be able to professionally represent the department to other business units, internal and external auditors, and management. This individual must also be a leader on the team to drive process improvement and provide on-going advice and support to the Manager to ensure completion of our numerous objectives.

Key Responsibilities Include:

  • Balancing and reconciliation activities for transactions processed by the Operations areas

  • Cash controls and reconciliations for cash receipts, disbursements and settle-ups between products, companies and lines of business

  • Balancing of general account and separate account cash-flows and reconciliation of unit variances and fund out of balances

  • Booking SAP/TCC General Ledger entries as necessary

  • Generating suspense listings for Operations; Partner with Operations on root cause analysis, resolution, and correction of suspense out of balances

  • Monthly and quarterly close processes for insurance accounting; including data quality checks, preparation of journal entries, compliance with regulatory requirements, as well as detailed value-added financial analysis for communication to management.

  • Provide oversight and guidance to offshore resources.

  • Support strategic/department initiatives by providing accounting and control expertise.

The Minimum Qualifications 

  • B.S. degree in Accounting, Finance or Business OR 6+ years accounting or financial reporting and analysis experience

  • 3+ years accounting or financial reporting and analysis experience

  • 3+ years General Ledger knowledge (chart of accounts) and ability to independently analyze 

  • 3+ years of transactional processing on insurance products and the associated accounting 

  • 3+ years supporting cross-functional projects and strategic initiatives to strengthen financial controls, ensure compliance, and drive business outcomes

The Ideal Qualifications

  • Strong technical skills, including MS Access, Microsoft Excel and SAP (general ledger entries)

  • Promote a culture of collaboration and teamwork 

  • Drives continuous improvement and efficiencies beyond own scope of responsibility

  • Excellent communication skills to successfully interact with employees at all levels and senior management

What You Can Expect at MassMutual  

MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect:

Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes

A collaborative environment where perspectives are welcomed  

Access to learning, development, and internal networks that support continuous growth and skill-building over time 

Employee-led communities and forums that foster connection, learning, and inclusion across the organization 

A culture grounded in integrity, responsibility, and stewardship—supported by a company with a strong legacy and a future-focused mindset

#LI-SB1

Salary Range:

$84,100-$110,300


At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

 

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees.  Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.  For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

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How this Consultant salary compares

This role pays $97,200/yrbelow the typical range for Consultant roles.

$81,475 median $116,775 $150,715

Typical range $97,200–$134,863/yr, from 29 comparable Consultant listings on JobsRadar (pay annualized to USD). See Consultant salary insights →

About MassMutual

At MassMutual, we believe in the value of being together in our offices and in personal flexibility. Our work environment is one where the majority of our team members work a hybrid schedule — working at least three days in the office (Tuesday, Wednesday and a third day) and the rest remotely, balancing flexibility with in-person collaboration. While the majority of our employees follow this hybrid model, some of our roles continue to be 100% on-site and others may be 100% remote, subject to business needs. MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members, policyowners and custome

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