Head of BP&AD Expense Management and Analytics

The BP&AD Expense Strategic Finance Lead will work with business partners in Brand, Product & Affiliated Distribution (BP&AD) and within Corporate Finance to provide high quality information and analysis to facilitate assessment and reporting of business performance, identification of options and decision-making.  This role will be critical to managing BP&AD expenses and ensuring clear and concise forecasting and reporting frameworks. The role reports to the Head of BP&AD Strategic Finance within CFO, and will be partnering with Strategic Expense Management (SEM) and BP&AD Finance teams on a regular basis. This role will lead a total team of 5 including 2 direct reports and 3 indirect reports. As the BP&AD Expense Strategic Finance Lead, you’ll have an opportunity to contribute to helping our businesses grow profitably. You will develop and maintain strong knowledge of our business, products, and key industry metrics.   You will utilize your understanding of the business’ challenges and priorities to help drive decision-making.  You will partner across Finance to understand the financials, leveraging data platforms to identify key information that will help to tell the story, while leveraging AI, automation and predictive analytics to increase the value and efficiency of our reporting. You will provide support to CFO customers on performance, opportunities for cost efficiencies, benchmarking comparisons, and considerations for decision-making. You will contribute to engagement for change, innovation and value creation.

In this role, you will join our BP&AD Strategic Finance team supporting our MassMutual Life Business, Wealth business, Institutional Solutions and MMFA distribution.  The Strategic Finance team is a collaborative team whose members demonstrate accountability, agility, a dedication to be inclusive, strong business acumen, and show courage, even in the most difficult situations. Highly effective communication and influencing skills are key to successful relationship-building and the ability to articulate the reasoning and bases for recommendations and conclusions are imperative.  In addition, the ability to influence and challenge assumption in a matrixed organization will be essential.  Our team demonstrates an inquisitive approach, asking probing questions to identify issues with specificity. The Impact As the BP&AD Expense Strategic Finance Lead your work will impact strategic decisions made by your business partners; enabling better strategic decisions utilizing the financial data and tools.  You will accomplish that through the responsibilities listed below: Drive and Support Strategic Expense Initiatives : Actively participate in driving business financial projects/initiatives.  Be a respected thought partner in the development and execution of strategies and initiatives to achieve the enterprise’s strategic aspirations and goals, including active, ongoing involvement in expense initiatives including but not limited to: CBA ownership for confidential expense initiatives Partner with Corp Dev on strategic assessments and decisions impacting expenses within BPAD businesses Assess Benchmarking study and areas for potential cost improvement Review expense accrual and accounting treatment for adherence with GAAP and Accounting Policy guidance Review forecast and initiative assumptions and contribute to cost-benefit analyses to support decision making, including prioritization, in order to pursue the most beneficial initiatives and maximize benefits. Inspire, lead and execute on CFO transformation initiatives, including data driven financial analysis, automated reporting, advanced analytics, data governance, and talent strategy. Provide input to Strategic Expense Management (SEM) on new/ad-hoc strategic expense analyses and identification, assessment and tracking of enterprise expense