Massachusetts Institute of Technology

Senior Financial Officer

About the Employer

Job Description

SENIOR FINANCIAL OFFICER , Chemistry To be responsible for managing financial activities, understanding the strategic and operational objectives, and providing high-level financial work (financial modeling, analysis, budget development, etc.). Responsibilities include: Direct supervision and mentoring of financial personnel. Recruiting and training staff. Conducting performance evaluations and promoting professional development for financial staff. Acting as counsel to all staff on financial matters, including the detailed management of general accounts, gift/endowed accounts, and sponsored research accounts. Developing and implementing financial policies, procedures, and process improvements. Identifying operational problems and deficiencies and recommending solutions to senior leaders. Developing and submitting the annual MIT budget narrative and detailed budget for submission into Nimbus. Developing budgets and financial models. Performing budget forecasts, projections, and financial analysis. Managing monthly and fiscal year-end closing processes. Developing financial reports and forecasts that enable Senior Leadership to effectively manage finances. Frequently negotiating in complex and/or sensitive matters, influencing through formal authority. Job Requirements REQUIRED : Bachelor's degree in finance, accounting, or a related field; a minimum of seven years of experience in financial management; initiative; ability to prioritize multiple assignments, work under pressure, and meet deadlines; attention to detail; solid interpersonal, communication, analytical, and organizational skills; ability to solve accounting problems using sound accounting and financial management principles; advanced computer skills, including knowledge of and experience with centralized, interactive personnel, general ledger, and purchasing computer systems; and ability to work both independently and as a member of a centralized finance team. PREFERRED : Master's degree; advanced knowledge of Microsoft Excel and Word, SAP, Cognos, Kuali COEUS, Quickbase; and experience at MIT and with its financial and accounting systems. Job 24654-10 12/3/2024 J-18808-Ljbffr