Project Portfolio Financials Consultant

MassMutual - Boston, MA

Full-time - Mid Level

Boston, MA

Insurance Carriers and Related Activities

About the position

The Project Portfolio Financials Consultant will play a crucial role in supporting the newly established CFPMO at MassMutual. This position involves overseeing financial forecasting and reporting processes for Corporate Functions, ensuring that budgetary requirements are met and enforced. The consultant will collaborate with various teams and senior leadership to manage project budgets and enhance financial management processes, ultimately contributing to the organization's financial health and performance.

Responsibilities

• Oversee and run the financial forecasting and reporting process for Corporate Functions.
• Own the development, implementation, and monitoring of project budgets.
• Ensure alignment of project budgets with organizational goals and financial objectives.
• Oversee financial reporting processes, ensuring accuracy and timeliness.
• Collaborate with Strategic Planning & Delivery on reporting for projects funded by the transformation budget.
• Prepare and refine financial projections in collaboration with department heads and project leads.
• Continuously evaluate and enhance financial management processes for efficiency and accuracy.
• Report financial health and performance to leadership and key stakeholders.

Requirements

• 5+ years' experience with financial modeling, analysis, forecasting, and budgeting.
• Bachelor's Degree or equivalent experience or expertise.
• Ability to travel between Boston, MA and Springfield, MA as needed.

Nice-to-haves

• Proven success in supporting financial activities associated with project delivery within budget.
• Experience in wealth management and/or insurance industry sectors.
• Experience with process improvement.
• Strong problem-solving skills.
• Strong ability to collaborate cross-functionally.
• Ability to adapt quickly and flexibly in changing environments.
• Proficient with project management and financial tracking tools, MS Office Suite, and corporate forecasting systems.
• Finance-related Certification (ie, CFP, CPA, CFA, etc.) a plus.

Benefits

• Access to mentorship opportunities.
• Networking opportunities with various Business Resource Groups.
• Access to learning content on Degreed and other informational platforms.