Financial Analyst, MIT Sloan Finance

MIT•Cambridge, MA

12d

About The Position

The Financial Analyst for MIT Sloan Finance assists in developing and implementing monthly, quarterly, and yearly management reporting. The role prepares, analyzes, and distributes monthly variance reports and explains key drivers and variances. It ensures the area complies with financial activities and supports management decision-making through forensic and forward-looking analysis and modeling. The analyst performs needs analyses for systems and process upgrades and improvements, gathers and analyzes data, and benchmarks MIT Sloan against relevant external comparisons. The position evaluates opportunities or issues using cost-benefit, what-if, breakeven, or discounted cash flow analyses, and documents results in highly visual PowerPoint packages. The role prepares annual and quarterly budget reports, forecasts, and financial analyses; trains and supports portfolio personnel on the budget process and other financial policies; and delivers budget-related presentations to portfolio leads and senior leadership. It also updates the portfolio long-range financial planning tool as new information becomes available, analyzes long-range plan data, and creates budget materials for submission to the MIT Provost.

Requirements

Bachelor’s degree or equivalent degree and/or experience.
At least five years of experience in accounting or finance, including experience relevant to financial planning and analysis.
Strong analytical 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 and team-oriented approach, with comfort achieving results in 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 complicated and nuanced issues 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.
Discretion and judgment when handling confidential information.
Advanced Excel skills.
Advanced PowerPoint skills.

Responsibilities

Assist in developing and implementing monthly, quarterly, and yearly management reporting.
Prepare, analyze, and distribute monthly variance reports, explaining key drivers and variances.
Ensure the area is in compliance regarding financial activities.
Support management decision-making through forensic and forward-looking analysis and modeling.
Perform needs analyses for upgrades and improvements to systems and processes.
Gather and analyze information and benchmark MIT Sloan against relevant external comparisons.
Evaluate opportunities or issues using cost-benefit, what-if, breakeven, or discounted cash flow analyses.
Document analytical results in highly visual PowerPoint packages.
Prepare annual and quarterly budget reports, forecasts, and 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 portfolio long-range financial planning tool based on new information.
Analyze long-range plan data and create budget materials for submission to the MIT Provost.