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MIT

Financial Analyst

MIT
Cambridge, MA $84k - $106k/yr Full time Posted 1h ago
Accounting Analytical Skills Data Analysis Financial Analysis Financial Analyst Financial Modeling Financial Reporting Management Microsoft Excel
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Job Description

The Financial Analyst role within MIT Sloan Finance supports the development of management reporting and planning processes, enabling data-driven decision-making across portfolio performance and long-range financial outlooks.

Key Responsibilities

  • Assist in the development and implementation of monthly, quarterly, and annual management reporting.
  • Prepare, analyze, and distribute monthly variance reports, including clear explanations of key drivers and variance impacts.
  • Support management decision-making through forensic and forward-looking analysis, including financial modeling.
  • Perform needs analysis to identify requirements for upgrades and improvements to systems and processes.
  • Gather, analyze, and benchmark MIT Sloan performance against relevant external comparisons.
  • Evaluate opportunities and issues using cost benefit, what-if, breakeven, and discount cash flow analyses, and document results in highly visual PowerPoint materials.
  • Prepare annual and quarterly budget reports, forecasts, and related financial analyses.
  • Train and support portfolio personnel on the budget process and other financial policies.
  • Develop and deliver budget-related presentations to portfolio leads and senior leadership.
  • Provide periodic updates to the long-range financial planning tool for the portfolio based on new information.
  • Analyze long-range plan data and create budget materials for submission to the MIT Provost.
  • Ensure the area is in compliance regarding relevant financial activities.

Required Qualifications

  • Bachelor’s degree (or equivalent degree and/or experience).
  • Minimum five years of experience in accounting or finance, including experience related to financial planning and analysis.
  • Strong analysis and organizational skills.
  • Effective interpersonal skills, including the ability to develop and maintain excellent working relationships with clients and stakeholders across the Institute.
  • Experience with budgeting, analysis, financial reporting, and nonprofit accounting.
  • Collaborative, team-oriented approach, with comfort achieving results under ambiguous circumstances.
  • Exceptional quantitative abilities, problem solving skills, and financial acumen.
  • Ability to work effectively in a demanding environment at a sustained, rapid cadence.
  • Excellent verbal and written communication skills, including highly visual PowerPoint skills.
  • Comfort presenting complex, nuanced information directly to senior leaders.
  • Ability to suspend judgment, remain open-minded, and be transparent regarding data and facts.
  • Comfort presenting data visually and/or numerically.
  • Ability to handle confidential information with discretion and judgment.

Technology

  • Excel
  • PowerPoint

Role Details

  • Location: Cambridge, MA (Hybrid)
  • Employment Type: Full-time (Hybrid)
  • Employment Category: Exempt
  • Functional Area: Finance/Accounting
  • Department: MIT Sloan Finance
  • School Area: Sloan School of Management
  • Pay Grade: 8
  • Salary Range: USD 83,600 to 106,420 per year
  • Job Number: 26185
  • VISA Sponsorship Available: No

Education

A Bachelor’s degree (or equivalent degree and/or experience) is required.

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