Corporate Expense Accountant

Corporate Expense Accountant

Corporate Expense Team

Full Time

Springfield, MA

The Team

The expense team is responsible for ensuring the accuracy and integrity of the ledgers for all expense accounts. Where we don’t directly control the expenses, we partner with others to validate the amounts and understand any changes. As a team we are accountable for leases, fixed and intangible assets, inventory accounts, impairments, intercompany management fee agreements, financial exhibits, footnotes, quarterly expense commentaries for both GAAP and STAT, and other general expense support.

The Impact

You will directly contribute to the maintenance and accuracy of MassMutual’s consolidated financial statements. With support and training your actions and efforts will support our in-progress, ERP system conversion from SAP R3 to S4 Hana. We are seeking an early career accountant to support core accounting activities related to general expense recognition, subsidiary accounting, and intercompany transactions. This role is ideal for a recent accounting graduate or early career professional looking to build a strong foundation in corporate accounting, close processes, and financial controls within a multi entity environment.

General Expense Accounting

• Record and review operating expense journal entries in accordance with GAAP
• Ensure timely and accurate expense recognition, accruals, and deferrals
• Support month‑end and quarter‑end close related to operating expenses

Subsidiary & Intercompany Accounting

• Prepare and reconcile intercompany transactions and balances
• Assist with intercompany billing and settlement accounting
• Support intercompany eliminations and ensure proper documentation

Reconciliations & Controls

• Perform balance sheet and P&L account reconciliations
• Assist with execution and evidence support for key controls
• Support internal and external audit requests as needed

Reporting & Process Support

• Assist in the preparation of standard accounting reports and schedules
• Maintain accurate supporting documentation and workpapers
• Identify opportunities for process improvement and standardization

The Minimum Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or Business Administration with completion of core coursework in financial accounting and accounting principles.
• Ability to support monthly, quarterly and annual close processes which might require extended hours and weekends

The Ideal Qualifications

• Basic understanding of GAAP and general ledger accounting
• Familiarity with expense recognition, accruals, and reconciliations
• Understanding of debit/credit mechanics
• Strong oral and written communication skills
• Ability to multi-tasking skills and adapt to change
• Demonstrate accountability and commitment

What to Expect as Part of MassMutual and the Team

• Regular huddles with the Expense Accounting Team
• Focused one-on-one meetings with your manager
• Quarterly meetings with the Head of Business Operations
• 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

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Salary Range: $67,400-$88,400

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.