Working at MIT offers opportunities, an environment, a culture and benefits that just aren’t found together anywhere else. If you’re curious, motivated, want to be part of a unique community, and help shape the future then take a look at this opportunity.

ASSISTANT REAL ESTATE CONTROLLER, MIT Investment Management Company (MITIMCo), to be responsible for accounting- and finance‐related oversight with respect to MITIMCo’s high profile real estate portfolio located in Cambridge.  The portfolio has a current gross market value of approximately $3 billion, is comprised of multiple asset types, and is expected to grow significantly over the coming decade.  Responsibilities include overseeing the day‐to‐day accounting- and finance‐related activities of MITIMCO’s outsourced property manager; maintaining the integrity of MITIMCo’s real estate‐related subledgers; working with the accounting team of the outsourced property manager and MITIMCo asset management team to improve property and portfolio/pool level reporting; participating in review process of the properties in the portfolio; collaborating on developing policies/improvements to accounting and reporting practices; assisting with the review of quarterly reforecasts and annual budgets; assisting with the coordination and review of appraisals during the valuation process; participating in year‐end audit; tracking debt terms and monitoring critical dates; producing property level reporting for lender compliance requests; facilitating tax and PILOT payments; facilitating the communication and transition of properties from development to operating and vice versa; researching accounting issues for compliance; and participating in ad‐hoc projects/initiatives. 

Job Requirements

REQUIRED:  six years’ real estate accounting experience; bachelor’s degree in accounting or finance-related discipline; strong computer skills and proficiency with Microsoft Office (Word, Excel, PowerPoint); excellent critical thinking, analytical, organizational, time-management, and oral and written communication skills; comfort working through an iterative process; and ability to multitask, communicate effectively with people at all levels, resolve complex problems in a thorough and timely manner, and work with minimal supervision in a fast-paced environment.

 PREFERRED:  CPA and experience with Yardi.  Job #18426-10

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 considers equivalent combinations of experience and education for certain jobs. All candidates who believe they possess equivalent experience and education are encouraged to apply.