Senior Financial Administrator

• Job Number: 23888

• Functional Area: Finance/Accounting

• Department: Open Learning, Supporting Unit, Bus/Ops

• School Area: Office of Provost

• Employment Type: Full-time (Hybrid)

• Employment Category: Exempt

• Visa Sponsorship Available: No

• Schedule: M-F

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  Job Description

SENIOR FINANCIAL ADMINISTRATOR, Open Learning, to report to the director of finance and play a vital role within the Open Learning financial team, overseeing and reporting on the financial performance of multiple business units and managing a diverse portfolio of sponsored awards. Will assist with the development of annual budgets and quarterly forecasts for various business units; serve as a resource for business units regarding financial inquiries and problem-solving; ensure day-to-day financial operations and internal controls are supported, including the review and approval of financial transactions; support faculty in pre-award activities such as budget review and institutional information submission; communicate financial reporting to project leads and principal investigators (PIs) through monthly and quarterly reports; collaborate with business unit leads and PIs on resource allocation and payroll changes; perform complex post-award activities including award setup and budget revisions; assist PIs with financial reporting requirements to funding organizations; provide guidance on financial compliance with university policies and federal regulations; liaise with MIT Research Administration Services and Sponsored Accounting; and undertake related duties or special projects as assigned. A full job description is available here (https://openlearning.mit.edu/jobs) .

Job Requirements

REQUIRED: bachelor’s degree, preferably in finance, accounting, or business administration; at least five years of experience; experience with federal contracts and financial administration in an academic research environment; and knowledge of federal guidelines. Job #23888-8 Salary range: $80,000 - 100,000, with final salary determined by MIT’s compensation team based on the skills and experience of the candidate. This is a hybrid position. 3/29/24