Controller

OFFICE OF THE VICE PRESIDENT FOR FINANCE

CONTROLLER

Cambridge, Massachusetts

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 in the 21st century.

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. We seek to develop in each member of the MIT community the ability and passion to work wisely, creatively, and effectively for the betterment of humankind.

THE SEARCH                                                                   

The Massachusetts Institute of Technology, one of the nation’s pre-eminent research universities seeks a collaborative, results-driven leader to serve as its next controller.

Reporting to the Vice President for Finance, the controller will be a key member of the financial leadership team responsible for financial management and stewardship of approximately $2.6B in annual expenditures and for ensuring Institute’s accounting procedures conform to GAAP.  In the current configuration, the controller supervises a team of approximately 55 employees, including 5 direct reports and oversees accounts receivable, financial accounting and reporting, global operations, the property office, sponsored accounting and tax. The controller is also responsible for monitoring and providing services to meet the evolving demands of an increasingly global institution. The controller works closely with the MIT Investment Management Company (MITIMCo) to understand and reflect investments, one of the more complicated aspects of MIT’s accounting, within MIT’s financial statements.

The next controller must understand the value, importance, and challenges of supporting world class researchers while meeting the complex accounting and financial reporting requirements of a leading research university. The successful candidate will possess excellent interpersonal and communication skills, critical problem-solving abilities, and bring a demonstrated track record of cross-campus collaboration. In addition, the controller must be able to lead and motivate others towards the accomplishment of shared goals in support of MIT’s mission.

For this critical position, MIT is seeking a strategic leader to work closely with, and provide accurate and timely financial information to, MIT’s senior leadership, the Risk and Audit Committee of the MIT Corporation, and other high-level committees as necessary, to support and further the research and educational mission of the Institute and to ensure that it achieves it operational and financial objectives. The controller will foster and maintain strong relationships with MIT departments, labs and centers to promote a strong sense of financial collaboration while providing sound fiscal analysis and advice.

For this critical position, MIT is seeking a strategic leader deeply committed to supporting MIT’s research goals by providing the highest quality of financial support. The successful candidate will possess deep accounting expertise and broad managerial experience combined with a collegial style that engenders trust and fosters collaboration. A bachelor’s degree and a CPA certification are required. An MBA or other advanced degree in accounting, finance, business, or a related field is preferred. Candidates must have a minimum of 10 years of experience as an accounting professional, including senior management experience in higher education. Equivalent experience at a public accounting firm with a higher education client base may be considered.

MIT has engaged the executive search firm Isaacson, Miller to lead this important search. Inquiries, nominations, and applications, which will remain confidential, should be directed to the search firm as indicated below.

TO APPLY:

Inquiries, nominations, and applications should be sent in strict confidence to:

Dan Rodas, Partner

Gail Gregory, Managing Associate

Isaacson, Miller

http://www.imsearch.com/8505

MIT is an equal employment opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, sex, sexual orientation, gender identity, religion, disability, age, genetic information, veteran status, ancestry, or national or ethnic origin. MIT values diversity and inclusion and seeks to build and maintain a community and culture that celebrates and values diverse backgrounds, identities and perspectives