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Assistant Controller, Real Estate Accounting

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MIT - Massachusetts Institute of Technology

Cambridge, MA

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Assistant Controller, Real Estate Accounting

Staff

2026-07-05

Location

Cambridge, MA

MIT Investment Management Company

Type

Full-time

Required Qualifications

6+ years Real Estate Accounting
Bachelor’s in Accounting/Finance
MS Office Proficiency
Critical Thinking & Analytical Skills
Yardi/RealPage (Preferred)
CPA (Preferred)
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Assistant Controller, Real Estate Accounting

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.

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Frequently Asked Questions

🎓What are the required qualifications for the Assistant Controller role?

Candidates need a bachelor’s degree in accounting or finance, a minimum of 6 years experience in Real Estate Accounting, proficiency in Microsoft Office (Word, Excel, PowerPoint), excellent critical thinking and analytical skills, ability to thrive in a fast-paced environment, strong organizational and communication skills, and proven problem-solving with minimal supervision. Explore more administration jobs.

📊What are the key responsibilities of this Real Estate Accounting position?

Oversee accounting and financial operations for MITIMCo’s real estate portfolio (100+ properties), act as liaison with outsourced property managers, review lease data in Yardi, ensure sub-ledger integrity, lead monthly/quarterly/annual financial reviews, oversee budgets/forecasts, and support annual valuations. Check higher ed admin roles for similar duties.

What preferred skills or experience are advantageous?

Preferred: Experience with joint ventures or fund accounting, Yardi and/or RealPage, leasehold and fee simple accounting, and Fair Value accounting principles or CPA certification. These enhance fit for real estate portfolio management. See related advice in academic CV tips.

📍Where is the job located and who does it report to?

Position is in Cambridge, MA at MIT Investment Management Company. Reports to the Real Estate Controller. Ideal for professionals in Business and Financial Services. View staff opportunities in the area.

🔒How does this role support financial reporting and controls?

Ensures accurate financial reporting, strong internal controls, and best practices adherence. Supervises day-to-day accounting, flags issues to asset management, maintains sub-ledger integrity, and supports data flow to internal/third-party systems. Learn more via higher ed career advice.

📋What application details should I prepare?

Application deadline is July 5, 2026. Tailor resume to highlight Real Estate Accounting experience, Yardi skills, and financial review expertise. No salary or visa info specified. Use our free resume template for admin roles.
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