Senior Manager Finance

Who We Are – MassMutual India

Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. Therefore, we want to inspire people to Live Mutual. We at MassMutual value diversity and inclusion. We’re people helping people

A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals.  Our employees are the foundation of what makes MassMutual a strong, stable, and ethical business.  We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.

Together, we’re stronger.

Job Description

1. Financial Controllership & Accounting

Key Responsibilities

• Own monthly, quarterly, and annual financial close processes.
• Ensure accurate bookkeeping and compliance with applicable accounting standards.
• Review journal entries, accruals, provisions, prepaid expenses, payroll accounting, and fixed asset accounting.
• Prepare and review financial statements and management accounts.
• Strengthen internal controls and ensure compliance with organizational policies.
• Drive process standardization and automation initiatives.

Expected Outcomes

• Timely and accurate books closure.
• Robust financial controls environment.
• Zero material audit observations.

2. Financial Planning & Analysis (FP&A)

Key Responsibilities

• Lead annual budgeting, forecasting, and long-range planning processes.
• Perform variance analysis for revenue, expenses, headcount, and operational metrics.
• Develop financial models, scenario analysis, and business cases.
• Support business leaders with strategic decision-making and cost optimization initiatives.
• Monitor key financial KPIs and business performance metrics.

Expected Outcomes

• High forecasting accuracy.
• Actionable financial insights for leadership.
• Improved cost efficiency and resource utilization.

3. Direct & Indirect Taxation

Key Responsibilities

• Manage Corporate Income Tax, GST, TDS, Transfer Pricing, and other regulatory compliances.
• Ensure accurate and timely filing of returns and tax payments.
• Coordinate tax assessments, audits, and notices.
• Identify tax planning opportunities while maintaining compliance.
• Liaise with tax consultants and regulatory authorities.

Expected Outcomes

• 100% compliance with tax regulations.
• No penalties or litigation due to non-compliance.
• Efficient tax governance framework.

4. MIS & Management Reporting

Key Responsibilities

• Prepare monthly, quarterly, and annual management reports.
• Deliver insights on financial performance, cost trends, headcount, profitability, and operating metrics.
• Develop dashboards and analytical reports using ERP and reporting tools.
• Present findings and recommendations to senior leadership.

Expected Outcomes

• Timely and accurate management reporting.
• Enhanced business visibility and decision support.
• Executive-ready financial dashboards.

5. Audit Management

Key Responsibilities

• Lead Statutory Audit, Tax Audit, Internal Audit, and Regulatory Audits.
• Prepare audit schedules, supporting documents, and financial statements.
• Coordinate with auditors and ensure timely closure of audit observations.
• Implement corrective actions and strengthen internal controls.

Expected Outcomes

• Successful completion of audits within timelines.
• Minimal audit observations.
• Strong governance and compliance culture.

6. SAP & Financial Systems

Key Responsibilities

• Act as Finance SME for SAP and related financial systems.
• Ensure integrity of master data, cost centers, GL structure, and reporting hierarchy.
• Support automation, enhancements, and system optimization projects.
• Drive data accuracy and process efficiencies through system controls.

Expected Outcomes

• Improved finance process efficiency.
• Reliable financial data and reporting.
• Enhanced ERP governance.

7. Team Leadership & Stakeholder Management

Key Responsibilities

• Lead and develop accounting, FP&A, taxation, and reporting teams.
• Coach and mentor finance professionals.
• Collaborate with internal stakeholders, business leaders, auditors, consultants, and regulators.
• Drive a culture of accountability, continuous improvement, and operational excellence.

Expected Outcomes

• High-performing finance team.
• Strong stakeholder relationships.
• Effective capability building.

Qualifications & Experience

• CA preferred.
• 12-15+ years of progressive experience in Finance and Accounting.
• Strong expertise in Financial Controllership, FP&A, Direct & Indirect Taxation, Audit Management, and MIS.
• Hands-on experience with SAP.
• Excellent knowledge of accounting standards, tax regulations, and internal controls.
• Advanced Excel, PowerPoint, and presentation skills.
• Strong analytical, leadership, and stakeholder management capabilities.

Key Competencies

• Strategic Thinking
• Financial Acumen
• Business Partnership
• Problem Solving
• Process Improvement
• Leadership & Team Development
• Executive Communication
• Risk & Compliance Management

Why Join Us?

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers 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, Great Place to Work® certified and India's Best Workplaces in BFSI 2023 - Top 50 organization 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.

Does this sound like a great fit? Apply today!