Assistant Director of Finance, MIT Media Lab


: $142,370.00 - $142,370.00 /year *

Employment Type

: Full-Time


: Financial Services - Banking/Investment/Finance

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Position Overview:Reporting to the Media Lab s Director of Operations and Strategy, this position will manage a team of seven that provides day-to-day financial services for a large, interdisciplinary research lab with current annual activities totaling over $80mm. The Assistant Director of Finance will manage the financial reporting, budgeting, planning, and forecasting processes for the Lab.?
Principal Duties and Responsibilities:Lead the Lab s financial planning process including annual budgets, multi-year forecasts and monthly monitoring;Oversee management of research revenues and expenditures in compliance with sponsor regulations and MIT policy;Responsibility for making all finance-related decisions on behalf of the Media Lab s Director of Operations and Strategy when he is not available;Serve as a final escalation contact to the PIs in the Lab when financial advice or guidance is needed;Actively identify and evaluate trends, opportunities, and risks that impact the financial position of the Lab;Work closely with the Director of MAS on high level issues to ensure effectiveness of our team s collaboration and processes;Develop materials for and deliver clear and effective presentations on the Lab s financial position to internal audiences, including ML faculty, VPF, and the Dean s Office;Apply a deep understanding of the Lab s financial drivers, the MIT budgeting and accounting systems, and the external financial environment to enable the Director of Operations and Strategy and Lab Director to make financially sound business decisions;Work with the Lab s Senior Business Analyst in developing key reports on the financial status of the Lab s research groups;Recommend actions to streamline processes, improve operational efficiencies, and identify opportunities for reducing operational costs;Serve as primary liaison to MIT s central financial groups and the Dean s Office for the School of Architecture and Planning, including representing ML finance at SA+P s AO meetings. Qualifications & Skills: REQUIRED:Bachelor s degree, preferably in a quantitative discipline (finance, accounting, economics or other related field);A minimum of five years of financial management experience, including significant experience in an academic/research environment;Must have computer and quantitative expertise, including advanced Excel and financial reporting capabilities; Must have strong verbal and written communication and presentation skills;Must have a solid history of supervising individuals and teams;Demonstrated comfort and expertise in dealing with diverse academic and professional community.PREFERRED:MIT experience;Familiarity with MIT business systems, including SAP, KC, and Tableau strongly preferred;Knowledge of standard federal regulations.
To apply, go to and search for job ID#17642.
Associated topics: audit, bank, budget, cpa, credit, finance, financial, financial planning, kpmg, treasure * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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