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Financial Coordinator

Massachusetts Institute of Technology

Cambridge, MA · HybridFull-time$67–80K/yrSeen todaySeen in employer's feed today

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At a glance

Compensation
$67–80K/yr
Location
Cambridge, MAHybrid
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

The Financial Coordinator provides financial support to several MIT Open Learning business units. The role handles procurement, account reconciliation, expense and invoice processing, payment requests, travel expenses, credit card charges, staff and student appointments, account setup, and quarterly and year-end accruals and deferrals. It also supports internal and external stakeholders and contributes to team projects. The position is full-time and hybrid.

Skills & qualifications

RequiredNice to have

Skills

Analytical SkillsProblem SolvingCommunicationOrganizational SkillsTime ManagementAttention to DetailCustomer ServicePrioritizationDiscretionInitiativeIndependent WorkCollaborationMicrosoft ExcelMicrosoft WordSAPBuy-to-Pay Procurement SystemsRemote Team Collaboration

Qualifications

Bachelor's Degree2 Years Financial or Related ExperienceMIT Experience

Full job description

Financial Coordinator

  • Job Number: 26186

  • Functional Area: Finance/Accounting

  • Department: Open Learning, Supporting Unit, Bus/Ops

  • School Area: Office of Provost

  • Pay Range Minimum: $67,300

  • Pay Range Maximum: $80,050

  • Employment Type: Full-time (Hybrid)

  • Employment Category: Exempt

  • Visa Sponsorship Available: No

  • Schedule: Monday - Friday

  • Pay Grade: 6

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Posting Description

FINANCIAL COORDINATOR, MIT Open Learning (OL), is a key role that provides diverse financial support to several OL business units. Responsibilities include handling procurement needs, consisting of processing requisitions, managing purchase order balances and closeouts, and liaising with VPF procurement on complex contracts; reconciling accounts monthly, identifying variances, and resolving discrepancies; ensuring expenses are posted to correct general ledger account and cost objects; processing journal entries; reviewing and processing vendor invoices and working closely with AP to ensure prompt payment; processing requests for payment; reviewing and approving travel expenses; verifying credit card charges; setting up temporary staff and student appointments; requesting and monitoring account set-ups, extensions, and close-outs; assisting with quarterly and year-end accruals and deferrals; providing effective customer service to various internal and external stakeholders; working as part of a team on a wide range of projects and initiatives; and performing other duties as necessary.

The full job description is available here: https://openlearning.mit.edu/jobs

Job Requirements

REQUIRED: Bachelor's degree; two years of financial, accounting, administrative, or related experience; strong analytical, problem-solving, communication, organizational, and time-management skills; excellent attention to detail and customer service; ability to prioritize competing demands, exercise discretion with confidential information, take initiative, and work independently and collaboratively in a fast-paced environment; proficiency in Microsoft Excel and Word. PREFERRED: MIT experience; familiarity with SAP and Buy-to-Pay procurement systems; or experience collaborating with in-person and remote teams.10/26/2026

How this job compares

Set against the 6,049 open Finance jobs on Olive Jobs, counted October 27, 2026.

Pay
  • This posting$67–80K/yr
  • Massachusetts median$118–181K/yr179 salary ranges
  • US median$112–187K/yr3,979 salary ranges

This range's midpoint, $74K, is 52% below the Massachusetts median midpoint ($152K) — in the lowest quarter of Finance salary ranges in Massachusetts.

Openings
Olive Jobs lists 236 open Finance jobs in Massachusetts and 6,049 across the US. 4% of them nationwide are listed as remote or flexible.
Hiring the most in Massachusetts
Experience
This posting asks for at least 2 years of experience — less than three in four Finance postings that state a minimum ask for (median 5 years, across 4,825 postings).
Education
This posting asks for a bachelor's degree; 3,609 of the 6,049 open Finance jobs (60%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on October 27, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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