Massachusetts Institute of Technology

Manager, Financial Operations & Procurement

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, or related field
  • 7+ years of experience in financial operations, procurement, or high-volume environments
  • Strong knowledge of procure-to-pay, payroll processes, and internal controls
  • Familiarity with ERP systems (e.g., SAP, Coupa)
  • Advanced Excel skills
  • Strong analytical, leadership, and communication skills
  • Experience in higher education or large decentralized organizations preferred

Responsibilities

  • Lead and oversee buy-to-pay (B2P), accounts payable, payroll coordination, and procurement processes
  • Manage high-volume transactional activities, including vendor payments and expense processing
  • Drive process design, standardization, and continuous improvement in financial workflows
  • Ensure alignment with policies and funding requirements
  • Partner with Accounting and operational teams for accurate financial outcomes
  • Serve as a functional lead for ERP and procurement systems implementation
  • Manage and develop staff, promoting consistency and operational excellence

Benefits

  • Hybrid work schedule with at least 2 days on-site
  • Opportunities for professional development
  • Strong emphasis on internal controls and data integrity
  • Engagement in a multi-billion-dollar capital program
  • Collaborative environment with partnerships across departments
Full Job Description
Posting Description
MANAGER, FINANCIAL OPERATIONS & PROCUREMENT, Campus Services & Stewardship (CSS) - Facilities - Finance and Administration , ensures effective, compliant, and efficient financial and procurement operations across a complex, decentralized environment. Reporting to the Director of Finance and Administration, to lead buy-to-pay (B2P), accounts payable, payroll coordination, and procurement processes supporting campus operations and a multi-billion-dollar capital program; oversee high-volume transactional activity, including vendor payments, purchasing, expense processing, and labor costing, ensuring alignment with Institute policies and funding requirements; drive process design, standardization, and continuous improvement across financial workflows, strengthening internal controls, data integrity, and audit readiness; partner with Accounting, FP&A, Procurement, and operational teams to ensure accurate financial outcomes and visibility into commitments and activity; serve as a functional lead for ERP and procurement systems, supporting implementation and alignment with business processes; and manage and develop staff while promoting consistency, accountability, and operational excellence.

A full job description is available here: https://mit.edu/facilities/hr/ManagerFOP.pdf

Job Requirements
REQUIRED : Bachelor's degree in finance, accounting, or related field; a minimum of seven years of progressive experience in financial operations, procurement, or high-volume transactional environments; strong knowledge of procure-to-pay, payroll processes, and internal controls; experience with ERP systems (e.g., SAP, Coupa) and advanced Excel skills; and strong analytical, leadership, and communication skills. PREFERRED : Experience in higher education or a large, decentralized organization.

Position has a hybrid schedule - at least 2 days on-site.

5/15/2026

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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