Chief Financial Officer, Open Learning

Welcome to the Massachusetts Institute of Technology - a world-renowned institution dedicated to innovation, education, and research. We are currently seeking a dynamic and experienced Chief Financial Officer for our Open Learning division. As a CFO, you will play a crucial role in shaping the financial strategy of our cutting-edge online learning platform. We are looking for a highly motivated individual with a strong background in finance and a passion for driving growth and sustainability. Join our team and make a meaningful impact on the future of education.

1. Develop and implement financial strategies and plans for the Open Learning division in alignment with the overall goals and objectives of the institution.
2. Monitor and analyze financial performance of the Open Learning division, identifying areas for improvement and making recommendations for cost savings and revenue growth.
3. Collaborate with key stakeholders to develop and maintain financial models, forecasts, and budgets to support decision making and drive business growth.
4. Oversee the financial management of online courses, programs, and initiatives, ensuring profitability and sustainability.
5. Provide leadership and guidance to the finance team, promoting a culture of accountability and continuous improvement.
6. Stay up-to-date with industry trends and best practices to identify opportunities for innovation and optimization within the Open Learning division.
7. Manage relationships with external partners, vendors, and financial institutions to ensure efficient and effective financial operations.
8. Ensure compliance with all relevant financial regulations and reporting requirements.
9. Prepare and present financial reports and analysis to senior leadership and board members.
10. Collaborate with other departments and divisions within the institution to support cross-functional initiatives and promote financial transparency and accountability.
11. Represent the Open Learning division to external stakeholders, including investors, donors, and media outlets.
12. Foster a positive and inclusive work environment, promoting diversity and inclusivity within the finance team and across the institution.

According to JobzMall, the average salary range for a Chief Financial Officer, Open Learning in Cambridge, MA, USA is between $200,000 and $300,000 per year. However, this can vary depending on the specific company, industry, and individual qualifications and experience of the CFO. Some companies may offer higher salaries or additional benefits for this position.

The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. The mission of MIT is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world. The Institute is committed to generating, disseminating, and preserving knowledge, and to working with others to bring this knowledge to bear on the world's great challenges. MIT is dedicated to providing its students with an education that combines rigorous academic study and the excitement of discovery with the support and intellectual stimulation of a diverse campus community. MIT seeks to develop in each member of the MIT community the ability and passion to work wisely, creatively, and effectively for the betterment of humankind.