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Financial Coordinator

MIT
Cambridge, MA Full Time
POSTED ON 12/24/2024 CLOSED ON 2/3/2025

What are the responsibilities and job description for the Financial Coordinator position at MIT?

Posting Description

FINANCIAL COORDINATOR, Mathematics Department, to coordinate financial activities for sponsored programs and gifts with annual expenses of ~$30M; perform diverse financial duties including preparing, reviewing, and submitting proposals and budgets; reconciling and auditing monthly accounts; and preparing and analyzing financial reports for multiple accounts or projects; advise Principal Investigators, faculty, researchers, and staff on research administration matters; escalate complex financial issues; coordinate the preparation, review, and submission of budgets and grant proposals; assist with proposal development and submissions in accordance with MIT/sponsor/donor policies; track and monitor the financial performance of grants and contracts for compliance; create, implement, and maintain financial systems for budget and proposal tracking; assist with forecasting account balances; approve travel reports and purchasing requisitions; verify procurement card expenses and requests for payments; monitor financial and research accounts, ensuring timely payment of invoices, account setups, extensions, and closeouts.


Job Requirements

REQUIRED: Bachelor’s degree and a minimum of two years of relevant financial management experience; knowledge of federal research regulations; experience in academic programs and administration; diligence, excellent organizational, interpersonal, analytical, and communication skills; demonstrated sound judgment and ability to meet short deadlines; service-oriented, multitasker who excels in team settings; proficiency in financial systems, sponsored accounting, and Microsoft Office applications (Word, Excel, PowerPoint). Experience with MIT financial systems, preferred. Job #24737-6

Salary : $30

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