MassMutual

SAP Business Analytics, Finance Data Management

Posted on: 23 Sep 2021

Boston, MA

Job Description

The Opportunity

As the Finance Business Analytics Consultant, you will have significant interaction and partnership with the Corporate Finance Controller’s Group and other Finance workstreams. You will play a key role in driving culture change to enable general ledger, subledger data availability, self-service, and usage across Corporate Finance.  You will partner with the project and technology team to leverage emerging GL Transformation in finance data reporting and consumption; deliver efficient and optimized financial data processes; support accounting close, financial reporting production processes.

The Team

The Finance Data Management team, within Controller’s group, manages financial data domains used by MassMutual and supports significant financial applications. The team take lead in three areas data innovation & efficiency, data governance, partnership with business and technology. The team supports a broad set of financial applications including general ledger, sub-ledgers, planning, reporting and cash operation tools. Our vision is be the expert data management function to champion and democratize optimized financial data, in turn enabling self-service across Corporate Finance to be a best-in-class strategic finance team.

The Impact

We are looking for an SAP professional who can deliver business value by supporting financial processes, application configuration and support a seamless data flow from sub ledger to general ledger then finance data lake. The key responsibilities:

Create workbook, query and delivered various results from subledger to consolidated level business needs
Setup master data including company code, profit center, cost center, consolidation
Map chart of accounts
Define cash flows including collection and disbursement processing for wires, ACH, Checks
Setup banking including cash management, A/P, A/R
Setup file transfer, manage general ledger data feeds
Configure security/access
Integrate administration platforms and distribution management platforms
Reduce manual touchpoints and automate the processes
Facilitate remediation of the finance data issues
Document processes and controls
Maintains MassMutual internal control standards

The Minimum Qualifications

5+ years of work experience in the SAP finance and accounting support role, and a bachelor’s degree in data science/engineering, statistics, finance, accounting
Acquired excellent Excel and SQL skills
Knowledge of insurance product i.e. life insurance, annuities, DI. Familiar with financial data i.e. general ledger entries, capital, invested assets, expenses, flows and insurance
Experience in SAP, FI-CO, SAP Bex, and SAP Master Data
Experience in SAP configuration for FI Treasury Accounts Payable, Accounts Receivable and Cash Management
Knowledge of understanding of accounting principles and standards

The Ideal Qualifications

Experience in financial data for financial shared services, financial reporting, or regulatory reporting
Work collaboratively with business partners to optimize business processes
Work collaboratively with system support to determine optimal workflows and development opportunities.
Organized and detail oriented, performed multiple responsibilities
Acquired flexibility to wear multiple hats in the cash operations and general ledger i.e. month- end production processes
Ability to work well under pressure and manage multiple deliverables
Ability to think critically and demonstrate good judgment
Excellent interpersonal and verbal skills
Innate desire to provide excellent service to clients
Excellent relationship building, influencing and communication skills

What to Expect as Part of MassMutual and the Team

Regular meetings with the Finance Data Management Team
Focused one-on-one meetings with your manager
Access to mentorship opportunities
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

MassMutual

Springfield, MA

MassMutual was founded on May 15, 1851. And from the beginning, we’ve had a single purpose: to help people secure their future and protect the ones they love. More than 160 years later, that commitment remains our guiding principle. It’s behind everything we do and every decision we make. It’s how we continue to deliver products and services to help our policyowners and customers achieve their financial goals, and protect those who matter most.

MassMutual is a mutual company. That means we don’t have shareholders. Instead, our members and participating policy owners are often described as sharing in our ownership. This generally means that, if you’re insured under one of MassMutual’s individual, participating whole life insurance policies, for example, you are a member entitled to vote for our Board of Directors. And if you own that participating policy, you may be eligible to share in any dividends we may declare.

As a mutual company, we operate for the benefit of our members and participating policyowners. We manage the company with a focus on their long-term interests and are not subject to the expectations of Wall Street analysts or stockholders. Throughout our history, this focus on the long-term has helped us provide financial and retirement security to millions of people. And while they're not guaranteed, we've consistently paid dividends to eligible participating policyowners since the 1860s. Our success is reflected in our financial strength ratings1, which are among the highest of any company in any industry.