Head of Financial and Performance Reporting

Location
Cambridge, Massachusetts (US)
Posted
14 Dec 2018
End of advertisement period
14 Feb 2019
Ref
16877
Contract Type
Permanent
Hours
Full Time

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.

HEAD OF FINANCIAL AND PERFORMANCE REPORTING, MIT Investment Management Company (MITIMCo)-Operations Team, to lead the Finance and Accounting team and be a key member of both the Valuation and Operations Management committees. Responsibilities include financial reporting for MIT and affiliates (RE LLCs, FOFs, plans, etc.), including audit and tax issue coordination; implementing and maintaining a performance reporting system for investments on an open book basis; maintaining comprehensive knowledge of US GAAP provisions and emerging matters, particularly with respect to investment companies; serving as a liaison to MIT’s controller’s department; acting as key participant in generating and reviewing financial information found in MIT’s entities under audit; working with technology group to streamline posting of external providers’ real estate, life income fund, and investment accounting information to primary ledger; consulting with MIT’s tax department on finance- and accounting-related tax issues; valuation analysis of private investments and real estate, including overseeing performance-based fee calculations for separate accounts and single investor funds; evaluating monetization opportunities for illiquid investments; partnering with Global Investment staff on financial/accounting analysis of active/prospective external funds; and participating in operational due diligence over external fund managers.

Job Requirements
REQUIRED: B.S. in accounting, finance, or related field; eight years’ asset management accounting experience (liquid and illiquid strategies); excellent interpersonal, organizational, communication, negotiation, managerial, and leadership skills; expert-level knowledge of GAAP accounting requirements and tax rules as applied to investment companies and private fund structures; experience managing performance reporting; strong Microsoft Office skills; and keen judgment. Must be able to resolve ambiguous, complex, and multivariable problems; organize/manage multiple projects; and prioritize competing needs. CPA strongly preferred. Understanding of real estate operating and development activities a plus.

Job #16877-Q