Business Manager
Date: Nov 27, 2024
Location: Lexington, MA, US
Company: MIT Lincoln Laboratory
Job Description
As a member of MIT Lincoln Laboratory’s Finance Department, this position reports to the Senior Financial Manager of Operations. The Business Manager for the Capital Projects Office (CPO) is responsible for managing the Facilities Modernization Plan (FMP) and overseeing the comprehensive project budgets and timelines associated with the 40-year FMP. This role involves managing the operational budget of CPO and preparing detailed financial reports for the Directors' Office and the Director of Finance (CFO). The Business Manager ensures updates are communicated to government stakeholders on the progress of the modernization initiatives.
Key Responsibilities
- Serve as the primary financial POC for the Facilities Modernization Plan (FMP) at MIT Lincoln Laboratory (MIT LL).
- Provide financial modeling and data analysis to support briefings for senior leadership at MIT, the Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) and Congress.
- Ensure alignment with DoD Financial Management Regulation (FMR), Joint Advisory Committee (JAC), and Executive Committee requirements.
- Develop and maintain financial forecasts for Lab Services (operating expenses) and FMP within CPO and the Facilities Services Department (FSD).
- Collaborate with Financial Planning and Analysis (FP&A) group to contribute to FMP rate decisions, five-year planning, monthly variance analysis, and quarterly reviews.
- Manage contracting, invoicing, business operations, and Work Breakdown Structures (WBS) for FMP projects.
- Provide financial and administrative guidance to CPO staff, including oversight of invoice processing and accurate project charging.
- Advise on MIT LL policies and support the annual Human Resources review process
Key Responsibilities (Cont.)
- Maintain and update Facilities Modernization Charge (FMC) process documentation and ensure alignment with billing and collection objectives.
- Coordinate with various departments to update collection schedules and maintain the FMC H-Clause.
- Support the development of the 40-year Master Plan schedule for building affordability and construction sequencing.
- Contribute to strategic initiatives, including technology strategy for financial reporting, budget planning, and the development of new visualizations and reporting capabilities.
- Support other F$D, CPO, FMP, and MIT LL strategy initiatives as assigned.
Qualifications
- BS in finance or related field is required, MS/MBA preferred
- Minimum of 5-8 years of experience in business management or administration, preferably in a research or technical environment.
- Strong financial and analytical skills, with experience in budgeting, financial planning, and contract management. Advanced excel skills required.
- Excellent leadership, organizational, and communication skills, with the ability to manage cross-functional teams and projects.
- Knowledge of government contracting and compliance requirements is highly desirable.
- Strong ability to analyze and present financial data clearly and concisely.
- SAP proficiency preferred; experience with SAP S/4HANA is a plus.
- Ability to work independently and problem-solve effectively.
At MIT Lincoln Laboratory, our exceptional career opportunities include many outstanding benefits to help you stay healthy, feel supported, and enjoy a fulfilling work-life balance. Benefits offered to employees include:
- Comprehensive health, dental, and vision plans
- MIT-funded pension
- Matching 401K
- Paid leave (including vacation, sick, parental, military, etc.)
- Tuition reimbursement and continuing education programs
- Mentorship programs
- A range of work-life balance options
- ... and much more!
Please visit our Benefits page for more information. As an employee of MIT, you can also take advantage of other voluntary benefits, discounts and perks.
Selected candidate will be subject to a pre-employment background investigation and must be able to obtain and maintain a Secret level DoD security clearance.
MIT Lincoln Laboratory is an Equal Employment Opportunity (EEO) employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, veteran status, disability status, or genetic information; U.S. citizenship is required.
Requisition ID: 41528
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