Investment Accounting Associate II - Mortgage Loans & Real Estate

Investment Accounting Associate II, Mortgage Loans and Real Estate

Investment

Controllership

Full-Time/Boston, MA or Springfield, MA

The Opportunity

As an Accounting Associate II on our Investment Accounting team, you will help ensure accurate and timely monthly, quarterly, and annual accounting close cycles for our mortgage loan and real estate asset classes. You will account for investment transactions in compliance with applicable regulations and support monitoring, governance, process improvements, and transaction controls—including activities performed by third-party accounting service providers. You will also contribute to initiatives that improve efficiency and add value while building your project management expertise and deepening your knowledge of investment product accounting and its financial impacts

The Team

The Investment Controllership team is a high-profile group within the Controllers organization. Our accountants oversee a range of asset classes and investment activities, and the team continues to grow alongside our assets, strategic initiatives, and special projects. We combine strong business acumen with a commitment to delivering timely, accurate financial information. We work with agility, collaborate to improve our processes, ask thoughtful questions, identify issues with precision, and take accountability for making things right.

The Impact

Your responsibilities supporting the mortgage loan and real estate investment areas will include:

• • Review and analyze monthly, quarterly, and annual reports prepared by the third-party administrator.
  • Review financial statements, footnote schedules, regulatory filings, and management reports prepared by the third-party administrator.
  • Analyze trends and results, partnering with peers and the Financial Reporting team to develop clear commentary that explains how performance affects financial results.
  • Help prepare, analyze, and present monthly financial analysis reports to senior management.
  • Support annual regulatory financial statement audit requests and participate in discussions with auditors.
  • Identify opportunities to learn, grow, and strengthen team performance.
  • Manage competing priorities, adapt quickly, and improve established processes to achieve goals efficiently.
  • Identify and implement accounting improvements that increase efficiency and business value. Lead increasingly complex projects and continuous improvement efforts that may extend beyond the team’s core responsibilities.
  • Collaborate effectively with Accounting Policy, the Chief Investment Office, Tax, Financial Reporting, Capital Management, and business unit controllers.
  • Implement new statutory and GAAP investment accounting requirements and establish accounting processes for new investments and investment-related transactions.
  • Develop, document, and maintain a strong internal control framework that supports accurate, timely financial reporting. Recommend improvements, monitor investment accounting controls—including work performed by vendors—and ensure adherence to policies and procedures.
  • Actively participate in implementing the Company’s new ledger.

The Minimum Qualifications

• • Bachelor’s degree
  • 4+ years of investment accounting experience with increasing levels of responsibility
  • 2+ years of experience with Microsoft Excel, including experience with complex formulas, PivotTables, data analysis and large financial datasets

The Ideal Qualifications

• • Experience with investment, loan, mortgage loan, and/or real estate accounting is a plus
  • CPA designation or progress toward certification preferred
  • Knowledge of statutory (STAT) and GAAP accounting
  • Strong analytical skills, including the ability to interpret financial data and clearly communicate the story behind the results
  • Demonstrated ability to deliver high-quality work efficiently and operate with increasing independence
  • Ability to build and maintain strong relationships across cross-functional teams and with third parties
  • Excellent written and verbal communication skills, with the ability to present ideas clearly, professionally, and persuasively to leaders, colleagues, and third parties
  • Ability to succeed in a dynamic, agile environment
  • Intellectual curiosity and a commitment to continuous learning

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

Salary Range:

$99,800-$131,000

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.

Welcome

At MassMutual, we’re passionate about helping people secure their future and protect the ones they love. A career with us means you’ll help our customers protect what matters most. It also means you’ll work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are at the foundation of what makes MassMutual a strong, stable and ethical business. We invite you to explore the possibilities.​

About Us

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 customers, 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.

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