Massachusetts Institute of Technology

Assistant Controller, Real Estate Accounting

Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of six years in Real Estate Accounting
  • Bachelor's degree in accounting or finance-related discipline
  • Proficiency in Microsoft Office (Word, Excel, PowerPoint)
  • Excellent critical thinking and analytical skills
  • Strong organizational and time management skills
  • Demonstrated effective communication skills across all levels of the organization

Responsibilities

  • Oversee accounting and financial operations for MITIMCo's real estate portfolio
  • Serve as the primary liaison with the outsourced property manager's accounting team
  • Review lease data in systems like Yardi for accuracy
  • Lead monthly, quarterly, and annual financial reviews
  • Oversee budget and forecast evaluations
  • Support the annual valuation process through appraisal coordination

Benefits

  • Opportunity to work within a diverse real estate portfolio
  • Engage with a highly reputable institution
  • Collaborative team environment with opportunities for professional growth
  • Exposure to various asset types and investment structures
  • Access to advanced financial systems and technology
Full Job Description
Posting Description
ASSISTANT REAL ESTATE CONTROLLER, MIT Investment Management Company , is responsible for overseeing accounting and financial operations for MITIMCo's diverse real estate portfolio, which includes over 100 properties across multiple asset types and investment structures. Reporting to the Real Estate Controller, this role plays a key part in ensuring accurate financial reporting, strong internal controls, and adherence to best practices. The position serves as the primary liaison with the outsourced property manager's accounting team, supervising day-to-day accounting activities, reviewing lease data in systems like Yardi, and flagging potential issues to asset management. It also ensures the integrity of real estate sub-ledgers and accurate data flow into internal and third-party reporting systems. Key responsibilities include leading monthly, quarterly, and annual financial reviews; overseeing budget and forecast evaluations; and supporting the annual valuation process through appraisal coordination.

Job Requirements
REQUIRED : A minimum of six years of experience in Real Estate Accounting; bachelor's degree in accounting or finance-related discipline; proficiency in Microsoft Office (Word, Excel, PowerPoint); excellent critical thinking and analytical skills; ability to thrive in a fast-paced environment and feel comfortable working through an iterative process; strong computer skills and knowledge of relevant technology; exceptional organizational skills and effective time management skills with proven ability to multi-task; demonstrated track record of effective oral and written communication through all levels of the organization; ability to resolve complex problems in a thorough and timely manner, determining the appropriate course of action with minimal supervision. PREFERRED : Experience with joint ventures or fund accounting; experience with Yardi and/or RealPage; experience in leasehold and fee simple accounting; and experience with Fair Value accounting principles and CPA.

5/4/2026

About Massachusetts Institute of Technology

The Massachusetts Institute of Technology (MIT) is a private research university located in Cambridge, Massachusetts. MIT is a member of the Association of American Universities (AAU) and is classified among "R1: Doctoral Universities – Very high research activity". The university is known for its strong emphasis on scientific and technological research and its engineering programs. MIT was founded in 1861 and has a long history of innovation and entrepreneurship. The university has produced numerous Nobel laureates, Rhodes Scholars, and MacArthur Fellows.
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