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 careers.mit.edu and search for job ID#17642. Associated topics: audit, bank, budget, cpa, credit, finance, financial, financial planning, kpmg, treasure
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