Head of Payroll and Payroll Accounting
MassMutual
Director of Expense Accounting Corporate Expense Team
Full Time/ Springfield, MA
The Director of Expense Accounting will support the Head of Expense Accounting and Allocation Modeling while leading key accounting operations that drive the accuracy and integrity of MassMutual's financial reporting. In this highly visible leadership role, you'll oversee the expense accounting team, ensuring a timely and accurate month-end close, a strong control environment, and compliance with U.You'll partner closely with Finance, FP&A, Procurement, Accounts Payable, Tax, Treasury, and Controllership teams to deliver accurate financial results, strengthen governance processes, and support strategic business initiatives. This is an exciting opportunity to influence critical accounting processes, lead a talented team, and help drive continuous improvement across the organization.
The Expense Accounting team is a key part of MassMutual's Controller organization, bringing together talented accounting professionals with diverse experiences and perspectives. Our team is responsible for delivering accurate, timely financial information and trusted guidance to stakeholders across the enterprise.
As the organization continues to grow and evolve, our team is expanding to support new business initiatives, transformation efforts, and opportunities to enhance how we serve our customers and business partners.
As a leader on our accounting team, you will oversee core expense accounting operations, ensuring accurate financial reporting, strong internal controls, and continuous process improvement. You will lead a blended onshore/offshore team, helping to assess risk, understand all their outputs, and lead tailored training to maintain/enhance professional standards and judgement.
Oversee close checklists, account reconciliations, and subledger-to-general ledger tie-outs.
Collaborate with Accounts Payable, Procurement, Payroll, Treasury, and other partners to identify and address risks impacting the close process.
Accounting Controls & Governance
Maintain a strong internal control environment supporting expense accounting processes.
Ensure appropriate segregation of duties, access controls, and approval workflows.
Partner with internal and external auditors on walkthroughs, testing, and audit requests.
Lead control self-assessments and process risk reviews, implementing improvements that enhance efficiency and accuracy.
Subsidiary & Legal Entity Expense Accounting
Oversee expense accounting activities across subsidiaries and legal entities, including intercompany transactions and settlements.
Ensure compliance with legal entity requirements, reporting structures, and accounting policies.
Support cross-entity reconciliations and statutory reporting activities.
Fixed Assets & Capitalization
Oversee Fixed Asset Accounting to ensure proper capitalization treatment.
Support accounting activities related to depreciation, asset retirements, impairments, and construction-in-progress transfers.
Review and approve expense reclassifications associated with capital projects and internally developed software.
Maintain reconciliations and supporting schedules for capital project-related accounts.
Lease Accounting
Oversee Lease Accounting activities and related expense recognition.
Review reconciliations of lease-related accounts, including audit adjustments and foreign exchange impacts where applicable.
Review supporting documentation for disclosures and financial statement reporting.
Lead and develop a blended onshore/offshore accounting team.
Drive automation and operational efficiencies utilizing tools such as Excel, Power Query, Power BI, Alteryx, SQL, and workflow automation solutions.
Lead the migration of team from SAP R3 to SAP S4, while preparing for wave 2 migration of AP, FA and Lease systems
Bachelor’s degree in Accounting, Finance, Economics or Business Administration or a Master’s Degree in Accounting.
- 8+ years of progressive accounting experience in public accounting and/or a large, complex corporate environment.
- 2+ years of experience as a people leader, responsible for managing direct reports OR 5+ years demonstrating informal leadership by guiding, coaching, and supporting colleagues in their day-to-day work
- Due to the nature of this position, as part of our background check process, candidates must be able to pass a non-registered fingerprint background check to qualify for as a fingerprint person for FINRA.
CPA, MSA, or MBA preferred.
- 10+ years of progressive accounting experience, including expense accounting and month-end close leadership.
- experience with Statutory (NAIC/SSAP) accounting within the insurance industry is highly desirable.
- Experience with lease accounting (ASC 842) and fixed asset accounting.
- Knowledge of SOX/ICFR controls, audit support, and remediation processes.
- Experience with ERP platforms such as SAP S/4HANA.
- Advanced Excel skills and exposure to analytics and automation tools.
- Strong communication and relationship-building skills, with the ability to clearly explain financial results and key business impacts.
MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
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
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
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