Financial Accounting Systems - Head of Solution Design and Implementation
Company: MassMutual
Location: Boston
Posted on: May 6, 2024
Job Description:
About the Corporate Controller Organization:The Controllers
Organization is responsible for delivering on the foundation of
credibility and control of the core financial information leveraged
across Finance to communicate with leadership, key business
partners and regulators on the enterprise's actual results,
forecast implications and strategic decision making. This work
considers legal entity structures, distribution channel and product
results as well as how these impact our capital optimization and
operating liquidity.We are a diverse group of professionals
experienced in and responsible for accounting, financial reporting,
tax, policy and controls, cash operations, corporate finance data
and systems management as well as wealth management finance
activities. We are seeking engaging professionals with strong
communication skills and deep intellectual curiosity to ensure the
timely and efficient reporting of results. We not only perform the
required activities. We are looked to as business partners who add
value by challenging existing operating practices strengthening
controls and highlighting trends and insights.The OpportunityThe
Financial Accounting Systems - Solution Design and Implementation
Lead is a newly created role that will be responsible for the
requirements, solution design and testing areas of the MassMutual's
enterprise accounting systems upgrade to SAP's S4/Hana platform.
The person in this position will lead a team and report directly to
the Head of Finance Accounting Systems Transformation (FAST).As a
Solution and Implementation Lead you will be responsible for:
- Understanding the capabilities and functionalities of the SAP
S4/Hana accounting platform
- Business process mapping and gap analysis across Finance
- Finalizing scope, business requirements and functional
requirements working with process owners, program workstream owners
and technology partners. Propose optimal configurations for
operational accounting activities within the general ledger to meet
business unit reporting requirements as well as external regulatory
filings and other audit requirements. Consider governance and
internal control procedures and ensure redesigned processes and
functionalities maintain and strengthen control environment.
- Defining and finalizing the solution design and implementation
plan
- Defining Benefit Realization framework
- Designing the User Acceptance Testing (UAT) criteria, testing
plan and detailed scenarios
- Own and manage the UAT execution including business sign-offs;
collaborate with process owners and program team on defect
resolutionYou will be expected to take proactive ownership and
drive workstreams to completion. You will lead and supervise a team
of MassMutual employees and implementation partner(s) working on
the workstream under your ownership.Minimum Qualifications:
- Minimum 12-15 years of SAP implementation experience in a
technical or functional role in the insurance industry
- Strong understanding of financial accounting, closing,
consolidation and reporting processes, preferably in Insurance
industry
- Excellent knowledge of the SAP general ledger, FPSL, Group
Reporting, Cash Disbursement, Fixed Asset, AP and AR and related
configuration opportunities for a complex financial institution
with multi-currency transactions. We will consider other large ERP
system for the right candidate (Oracle).
- BS in accounting and finance; MBA or equivalent preferred
- Certified Public Accountant or SAP Certification (Specialist or
Professional)Other Knowledge, Skills and Abilities:
- Ability to work with senior management and influence decision
making
- Strong multi-tasking skills and ability to adapt to change
- Ability to proactively take ownership of projects and drive
them through to
- Experience working in a Finance transformational setting;
driving change and managing competing priorities.
- Ability to assess alternative configuration options within the
general ledger, given regulatory and business reporting
requirements and make comprehensive recommendations for optimal set
up
- Detail-oriented with demonstrated oral and written
communication skills
- Ability to work with all levels of personnel, from staff to
executive management
- Authorized to work in the United States without sponsorship now
or in the
- Travel between New York, Boston and Springfield
required#LI-IZ1MassMutual 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.
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Keywords: MassMutual, Nashua , Financial Accounting Systems - Head of Solution Design and Implementation, Accounting, Auditing , Boston, New Hampshire
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