Job Information
Massachusetts Institute of Technology Associate Director, Finance in Cambridge, Massachusetts
Associate Director, Finance
Job Number: 24361
Functional Area: Finance/Accounting
Department: MIT Investment Management Company
School Area: Executive Vice President
Employment Type: Full-time (Hybrid)
Employment Category: Exempt
Visa Sponsorship Available: No
Schedule:
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Posting Description
ASSOCIATE DIRECTOR, FINANCE, MIT Investment Management Company (MITIMCo) (https://mitimco.org/discover/) -Operations Team, to be responsible for the financial reporting of investments in MIT’s annual treasurer’s report and ERISA plans and for issuing financial statements for MIT’s special purpose investing entities. Will work with the Office of Vice President for Finance on the preparation of tax returns for MIT’s investment entities; manage MIT’s regulatory risk and filings for various domestic/international jurisdictions; and act as a key contributor in resolving tax and other investment structuring concerns. Full descriptions of MITIMCo positions are available here (https://mitimco.org/working-at-mitimco/) .
Job Requirements
REQUIRED: bachelor’s degree in accounting, finance, or related field; ten years’ experience in asset management financial and tax accounting, both liquid and illiquid strategies; expertise in GAAP accounting requirements and tax rules as applied to investment companies and private fund structures; familiarity with derivative strategies to capture market exposure and related tax issues and other fair value financial reporting principles in order to assist with the preparation of various tax returns; experience overseeing/managing external tax preparers/consultants; experience working with cross-departmental teams to devise new solutions and ability to leverage investment knowledge to ensure that new investments are optimally structured and to successfully navigate U.S. and non-U.S. tax jurisdictions; excellent analytical, negotiation, managerial, leadership, organizational, interpersonal, and communication skills; and strong Microsoft Office skills. Must be able to effectively describe--to individuals with different areas/levels of expertise--the regulatory, financial, and tax impacts certain structuring issues can produce; resolve ambiguous, complex, and multi-variable problems; manage contradictory ideas and arbitrate opposing views; and manage and prioritize multiple and sometimes competing projects/needs. PREFERRED: CPA and understanding of real estate operating and development activities. Job #24361 Must be able to work from MITIMCo’s Cambridge, MA offices at least two days per week. 8/26/24