Massachusetts Institute of Technology - Cambridge, MA
posted 3 months ago
The Manager of Investment and Gift Accounting at the Office of the Vice President for Finance (VPF) is a pivotal role responsible for overseeing the financial reporting, compliance, analysis, control, and enhancement of complex accounting and financial functions related to investments and gifts. This position requires a thorough understanding of generally accepted accounting principles (GAAP) in the U.S. and involves accurately reporting investment and gift figures. The manager will analyze and report on fluctuations in investment and gift values to senior management, ensuring that all financial activities align with regulatory standards and internal policies. In this role, the manager will serve as the primary contact in the Controllership for all matters concerning gifts and investments. This includes managing the Pool A endowment payout within the SAP system and overseeing the accounting for life-income and donor-advised giving programs. The manager will also supervise an accounting officer and a senior staff accountant, providing guidance and support to ensure the accuracy and efficiency of financial operations. The position demands a proactive individual who can work independently and collaboratively within a team. The manager will be expected to handle multiple priorities, often under tight deadlines, while effectively communicating complex financial issues to a diverse group of stakeholders. The ability to adapt to a dynamic environment and maintain high standards of customer service is essential for success in this role.