Financial Officer, Sponsored Activity

Are you a financial expert looking for a challenging and dynamic role? The Massachusetts Institute of Technology is seeking a Financial Officer to oversee sponsored activities within our prestigious institution. As a member of our team, you will play a crucial role in managing the financial aspects of research and sponsored projects, ensuring compliance with federal regulations and MIT policies. We are seeking a highly organized and detail-oriented individual with a strong background in finance and a passion for supporting cutting-edge research initiatives. Join us in our mission to advance knowledge and innovation at one of the world's top universities.

1. Oversee sponsored activities: The Financial Officer will be responsible for managing all financial aspects of research and sponsored projects at MIT. This includes overseeing budgets, tracking expenses, and ensuring compliance with federal regulations and MIT policies.
2. Manage financial aspects of research projects: The Financial Officer will work closely with researchers and project managers to develop and monitor budgets for research projects. They will be responsible for tracking expenses, forecasting spending, and providing financial reports to project stakeholders.
3. Ensure compliance: The Financial Officer will be responsible for ensuring that all sponsored activities at MIT are in compliance with federal regulations and MIT policies. This includes staying up-to-date on any changes in regulations and proactively implementing necessary changes to maintain compliance.
4. Support cutting-edge research initiatives: As a key member of the team, the Financial Officer will play a crucial role in supporting and advancing cutting-edge research initiatives at MIT. They will work closely with researchers and project managers to provide financial support and guidance throughout the research process.
5. Maintain financial records: The Financial Officer will be responsible for maintaining accurate and up-to-date financial records for all sponsored activities. This includes tracking expenses, reconciling accounts, and preparing financial reports as needed.
6. Develop and implement financial policies: The Financial Officer will work closely with other members of the finance team to develop and implement financial policies and procedures to ensure efficient and effective management of sponsored activities.
7. Provide financial guidance and support: The Financial Officer will serve as a resource and provide financial guidance and support to researchers, project managers, and other team members. This may include providing training on financial processes and procedures and answering any questions or concerns related to finances.
8. Collaborate with internal and external stakeholders: The Financial Officer will work closely with various internal and external stakeholders, including researchers, project managers, funding agencies, and auditors. They will collaborate with these stakeholders to ensure smooth financial management of sponsored activities.
9. Stay informed about industry trends: The Financial Officer will stay informed about industry trends

According to JobzMall, the average salary range for a Financial Officer, Sponsored Activity is $50,000-$90,000 per year. However, salaries can vary significantly based on factors such as location, industry, and experience level. In some cases, Financial Officers in this role may earn six-figure salaries.

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.