The Office of the Vice President for Finance (VPF) works to advance MIT’s mission by supporting thoughtful stewardship and effective deployment of the Institute’s financial resources. An administrative unit of the Office of the Executive Vice President and Treasurer, VPF oversees the operations needed to pay MIT's employees and enable them to purchase goods and services that support world-class education and research. It also helps the MIT community make thoughtful decisions about allocating resources by collecting and reporting financial data and coordinating the Institute’s annual budget process.
VPF is forward-thinking and future-oriented. Through technology and process improvements, this 140-person office is working to create a seamless administrative experience for MIT colleagues and make it easier for them to comply with grant, accounting and other applicable rules. VPF also seeks to enhance the quality of financial information available to MIT and is focused on providing services that are readily adaptable to the evolving demands of an increasingly global Institute.
A team-oriented office, VPF strives to exemplify financial and administrative excellence and the highest levels of integrity, inclusiveness and accountability.
Learn more about VPF's business units:
- VPF Headquarters
- Accounts Payable
- Accounts Receivable
- Administrative Services and Operations
- Budget and Financial Analysis
- Financial Accounting and Reporting
- Financial Systems
- Global Operations
- Merchant Services
- Office of Insurance
- Office of the Recording Secretary
- Practice and Process Improvement
- Procurement Operations
- Property Office
- Sponsored Accounting
- Strategic Sourcing
- Travel and Card Services
- Treasury and Planning