The Opportunity
MassMutual is seeking an experienced finance executive to spearhead a multi-year transformation of the finance organization by standing up and leading a newly established Finance Transformation team, delivering transformation outcomes as quickly as possible while minimizing risk and disruptions, and driving sustained behavioral change. Reporting directly to the CFO, this mission-critical leader will be key in enabling Finance’s ability to achieve its long-term ambition of becoming a trusted business partner and steward of long-term value creation for policyowners.
The Team
This leader will be accountable for building and leading a Transformation team that can execute on a multi-year transformation journey. This team will include direct and indirect reports who are the business line experts, managing and/or supporting significant financial applications, technology and financial data domains used within Corporate Finance. In addition to focus on transformative technology, this team will enable CFO’s transformation by maintaining relationships with key partners in ETX/SP&D; by managing our outsourcing/offshoring strategy; and by providing critical support of the CFO and CFO organization (e.g. departmental effectiveness, strategic planning and communication, etc.)
The Impact
Key accountabilities for this role include:
– Identify, prioritize, mobilize against and oversee results delivery of Finance Transformation initiatives, acting as the single source of truth
– Drive buy-in for transformation initiatives across key stakeholders
Lead and influence strategic and operational planning to achieve accounting and finance digitization goals for process innovation and finance system modernization, including the implementation of solutions that meet business objectives, fulfill data governance requirements, and satisfy internal financial controlsManage a two-way feedback loop with both peers within finance and stakeholders outside of financeCreate alignment across key stakeholders with competing priorities to ensure shared understanding and mutual collaborationLead change management and continuous improvement efforts supporting transformation in the Corporate Finance organizationPermeate a culture of change management and adaptability to achieve sustained behavior; providing support to the organization through all phases of transition (engagement, design, monitor,feedback, etc.)Build and enable/execute our change agenda across CFO and other key stakeholders as appropriate, including the establishment and measurement of continuous improvement goals and the communication in place to supportOversee the team that works across CFO work with teams to map current processes/documentation. and facilities redesign efforts. Ensure ; ensure continuous improvements best practices and proper change management is in place to support continuous improvement efforts– Serve as Finance’s primary liaison with Enterprise Technology and Experience (ETX), PMO, and Strategic Planning & Delivery (SP&D) to ensure budget requirements are validated/met, and for technical and PMO resourcing and enablement
Oversee and support the creation of a holistic Finance technology architecture vision and roadmap that is fully integrated across enterprise systems, with the support of ETXPartner with ETX to integrate finance system target state architecture within overall MassMutual technology roadmapDrive centralization of finance technology decision-making, spend and value tracking– Lead Finance’s outsourcing/offshoring strategy
Define and execute a long-term target operating model for outsourcing and offshoring within Finance, aligned with cost efficiency, controls, and performance requirementsEstablish robust SLAs, KPIs, and governance processes to monitor outsourcing partner performance and enforce accountability across processesPartner with internal process owners to ensure outsourcing needs are met and seamless coordination between internal teams and external vendorsInfluence transformation decisions at the enterprise level to deploy best in class processes and systems across Finance.Lead process mapping/documentation and operational redesign efforts across core Finance processes to identify incremental improvement opportunitiesAct as a strategic right hand to the CFO, coordinating critical internal leadership communications, activities, and eventsCoordinate CFO Leadership Team priorities to ensure consistent communication and alignment across Finance functions, support the CFO with preparations for key meetings and events, and lead ad-hoc strategic efforts on behalf of the CFO, aligning closely with key partners such as Strategic Communications– Build and lead a Finance Transformation team
Design and build a transformation team that can execute on a multi-year transformation journeyTeam includes direct reports as well as matrixed reports who drive transformation within their respective areas of Corporate Finance (e.g. Controllers, Treasury, Actuarial, etc.) Work with HR to ensure critical talent needs are met, supporting the staffing, onboarding, and coaching of Finance Transformation working team members Expected leadership behaviors:
– Lead both direct and indirect reports, focused on talent development, building an inclusive team and environment, and role modeling an agile mindset through change and ambiguity.
– Inspire others and drive culture of continuous improvement, curiosity, open communication, feedback, and accountability
– Develop the next generation of leaders who can build strategic partnerships with internal and external stakeholders to facilitate knowledge transfer and talent mobility
– Create structures and processes for enterprise mindset
– Promote collaboration and an enterprise mindset
MINIMUM REQUIREMENTS
15+ years of leadership experience as a finance or accounting leader at a major financial institutiondeep working knowledge of accounting, finance, and treasury operations, commercial banking products, and finance technology needs for large financial institutions. distinguished record of standing up and leading/overseeing the successful implementation of large scale finance transformation projectsProven and demonstrated leadership skills including relationship building, change management, and collaboration skills with a clear ability to influence, gain buy-in and negotiate with partners and peersStrong strategic and execution skills with ability to influence, collaborate, and work across the organizationUndergraduate degree in business administration or related field including finance and accounting. in general business ?IDEAL REQUIREMENTS
Prior leadership experience in driving transformation – preferably within in a Finance Organization iotn Prior leadership within FP&A, Treasury, or Controllership, ideally within an insurance company or financial services organization Prior experience leading a matrixed organizationOutstanding written and verbal communication skillsMaster’s degree and CPA designation or Actuarial background preferrableMassMutual 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. EEO Statement (Opens in new window)
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.