Broad Institute of MIT and Harvard · 4 hours ago
Accounting Manager
Cambridge, MA
Full-time
Onsite
Senior Level
$104K/yr - $145K/yr
7+ years expThe Broad Institute of MIT and Harvard is pioneering a new model of collaborative biomedical science to transform biology and medicine. They are seeking a hands-on Accounting Manager to lead accounting, analysis, and reporting related to revenue, endowments, and investments while ensuring accuracy and compliance in financial reporting.
BiotechnologyClinical TrialsLife Science
Responsibilities
Lead all Controller’s Office activities related to the accurate and timely accounting of revenue and its associated reporting
Oversee all aspects of revenue recognition in accordance with GAAP (ASC 958 and 606) ensuring accuracy, completeness and compliance
Develop and maintain revenue accounting policies, procedures, and internal controls to enhance accuracy, efficiency, and compliance
Partner closely with the Office of Sponsored Research, Development, and Financial Strategy, Planning & Analysis teams to ensure accurate setup, tracking, and reporting of awards and other revenues
Lead Controller’s Office input in cross-functional gift, grant, and other revenue-related contract reviews
Review and analyze award documents to assist in the classification of awards and to determine appropriate revenue recognition in accordance with GAAP
Review and approve revenue-related journal entries, ensuring timely month-end and year-end close activities
Maintain accurate rollforward schedules and reconciliations related to revenue, including advances and deferred revenue, contracts in progress, pledges receivable, net assets by restriction, etc
Responsible for identification and accurate recording of revenue-related accruals
Serve as the Controller’s Office primary point of contact for the Development team, collaborating on financial matters related to gifts, pledges, and fundraising initiatives
Serve as the Controller’s Office primary point of contact for the Office of Strategic Alliances and Partnering Finance team, ensuring accurate reporting of licensing, royalty, and other intellectual property-related revenues
Provide support for external audits, including preparation of schedules, reconciliations, and responding to auditor requests
Ensure cross-functional reporting alignment between OSR, Finance and Development
Assist with financial statement preparation and other reporting, as it relates to revenue
Research and respond to revenue-related inquiries
Support special projects, such as system enhancements and implementation of new revenue streams
Lead and manage all aspects of the investments and endowment accounting and reporting processes
Maintain roll forward schedules and reconciliations to track monthly investment activity of the Institute’s $1B endowment portfolio
Review and approve journal entries for all investment transactions (contributions/distributions, gain/loss earnings, and transfers, etc.)
Ensure accuracy of historical investment returns and net asset value using a unitized methodology across the Institute’s endowment portfolio on an ongoing basis
Prepare high-quality investment reporting and related analytics, memos, and data for Senior Leadership and the Board of Directors’ Finance and Investment Committees
Responsible for annual endowment distribution calculations and related analyses
Manage the timely receipt of recurring reports and ad hoc information requests from the Institute’s external investment managers
Research and respond to endowment and investment inquiries
Reviews journal entries and maintains roll forward schedules for marketable securities held by the Institute from IPO through liquidation
Assist with financial statement preparation and tie out as it relates to investments, such as flux analysis and cash flows
Provide support for the fiscal year-end audit and tax return preparation as it relates to these areas
Act as a reliable backup for preparation of relevant journal entries and schedules
Set team goals, assign and distribute workflows, and conduct regular performance review for direct reports (currently one direct report)
Foster a collaborative, supportive, and high-performance team environment, encouraging continuous improvement
This position requires frequent, collaborative interaction with key members of other teams within Finance and Administration as well as across the Institute
Qualification
Required
Bachelor's Degree in Accounting, Finance, or a related field
Minimum of 7 years of progressive public accounting and/or private industry experience, including at least 2 years in a supervisory role; nonprofit experience strongly preferred
Strong understanding of GAAP and financial reporting; experience with revenue recognition and fund accounting principles (ASC 606, ASC 958), including review of complex gifts and grants, as applicable to nonprofits strongly preferred
Experience with major enterprise-system software packages is a plus (SAP/Oracle)
Proficiency in Microsoft Excel (v-lookup, pivot tables etc.) and Google apps
Strong analytical and problem-solving abilities, with demonstrated attention to detail
Excellent organizational skills, attention to detail, and ability to work independently, multi-task, and meet project deadlines with a high degree of accuracy and timeliness
Excellent leadership, communication, and interpersonal skills with the ability to explain complex financial concepts to non-financial stakeholders
Benefits
Medical
Dental
Vision
Life
Disability insurance
A 401(k) retirement plan
Flexible spending and health savings accounts
At least 13 paid holidays
Winter closure
Paid time off
Parental and family care leave
An employee assistance program
Among other Broad benefits
Company
Broad Institute of MIT and Harvard
The Broad Institute brings together a diverse group of individuals from across its partner institutions — undergraduate and graduate students, postdoctoral fellows, professional scientists, administrative professionals, and academic faculty.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$283.25MKey Investors
MacArthur FoundationAlzheimer's Foundation of AmericaMassachusetts Life Sciences Center
2025-11-18Grant· $100M
2020-08-11Grant
2019-09-09Grant· $0.75M
Leadership Team
Dan Shore
Chief Financial Officer
Anne Carpenter
Institute Scientist and Imaging Platform Senior Director
Recent News
Research & Development World
2026-01-22
Broad Institute of MIT and Harvard
2026-01-17
2025-12-02
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