Todt predicted an "extremely difficult" championship ahead, given the rule changes on engines, tyres and aerodynamics.
BBC: SPORT | Motorsport | Formula One | Ferrari to unleash new car in May
Ferrari boss Jean Todt said Schumacher's passion for racing was as strong as ever.
BBC: SPORT | Motorsport | Formula One | Schumi 'will get better'
Massa was visited by Ferrari team principal Stefano Domenicali and Domenicali's predecessor Jean Todt on Tuesday.
But Todt stressed he did not want comparisons with Schumacher to overshadow Raikkonen as he settles in.
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"We didn't hire Raikkonen because Schumacher decided to leave racing, " Todt told Italian newspaper Corriere della Sera.
BBC: SPORT | Motorsport | Formula One | Schumacher may advise Raikkonen
"Clearly, this will require continuous and intense effort on our part, but this is true for everyone, " said Todt.
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"Michael will be a super assistant to Jean Todt, " Ferrari president Luca di Montezemolo said at Monza on Sunday.
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He is managed by Nicolas Todt, the son of Ferrari boss Jean Todt.
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Although the team are expected to wait until Schumacher's long-term plans are clearer before committing themselves, Ferrari sporting director Jean Todt sounded positive about the Brazilian.
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The new stewards set-up is part of a wide-ranging restructuring of the way the FIA administers F1 introduced by Todt, who was elected to succeed Mosley in October.
The timepiece, produced as a limited edition of 35 pieces, was made in partnership with Jean Todt, a French motor sport executive, who wanted a watch to travel the world with.
Todt has stated publicly there will be "healthy competition" between Raikkonen and fellow Ferrari driver Felipe Massa, although it is likely the Finn will assume number one status in due course.
BBC: SPORT | Motorsport | Formula One | Schumacher may advise Raikkonen
But Brawn could still be back at Ferrari in 2007 after his time out from the sport and has said he will have talks in the middle of next year with Todt and di Montezemolo.
BBC: SPORT | Motorsport | Formula One | Schumacher offered Ferrari role
"He's as motivated as he has ever been and if he went off the track at times this season, it didn't embarrass him too much as he won the title, " Todt told the Independent newspaper.
BBC: SPORT | Motorsport | Formula One | Schumi 'will get better'
Di Montezemolo again reiterated his opposition to the ban on testing during the F1 grand prix season and said he would be putting across his arguments when he meets Ecclestone and FIA president Jean Todt.
Factor in Rubens Barrichello's frightening accident, when one of his rear wheels flew off at 180mph, and you wonder how Jean Todt, Ferrari's team director, managed to limit himself to "disappointing" as his word for the weekend.
Ecclestone said that he and Jean Todt, the president of motorsport's world governing body the FIA, would consult with the teams in Shanghai, China this weekend where the third round of the F1 championship is taking place.
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