Financial Officer

4 weeks ago


Cambridge, Massachusetts, United States Massachusetts Institute of Technology Full time

Job Summary:

The Financial Officer will be responsible for providing complex and detailed pre-award and post-award research administration for a group of faculty and principal investigators. This includes managing a research portfolio of approximately $4M, conducting pre-award duties such as research proposal development and submission, and performing post-award duties such as monitoring financial compliance and preparing financial reports.

Key Responsibilities:

  • Manage a research portfolio of approximately $4M
  • Conduct pre-award duties including research proposal development and submission
  • Perform post-award duties including monitoring financial compliance and preparing financial reports
  • Act as a resource for financial and compliance questions to administrative support staff and faculty
  • Resolve complex problems and handle account close-outs

Requirements:

  • Bachelor's degree and a minimum of five years of relevant experience in accounting or finance with decision-making responsibility
  • Experience with Federal contracts terms and conditions, administrative rules, cost principals and regulations under OMB guidelines
  • Experience working in both pre- and post-award research administration, as well as sponsored programs
  • Knowledge of budgeting theory and practices including reporting requirements and procedures related to federal, state and other related grants, cost accounting, government accounting and auditing
  • Knowledge of grants, contracts, and applications and familiarity with electronic research administration requirements from a variety of sponsoring agencies, federal, state, local, etc

Preferred Qualifications:

  • Financial administration experience in a university, hospital, or nonprofit organization
  • Experience working with federal sponsors including NSF, DoD, and NIH
  • Experience working with industrial and foundation sponsor
  • Experience with Cognos

Salary Range: $80,000 - $90,000, depending on experience

Requires the flexibility and ability to work occasional evenings and weekends, up to 10% time, when necessary



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