Financial Operations Specialist
3 weeks ago
Position: Financial Operations Specialist
Location: Chicago, IL (Remote)
Contract to Hire: 3 to 6 Months, convert to Full-Time.
Hours: 40 Hours Per Week
Rate: $20 - $25/hr
Start Date: ASAP
Responsibilities:
We are seeking an experienced and detail-oriented Financial Operations Specialist to join our team. This role is ideal for individuals with 1 to 3 years of relevant experience who are looking to further develop their skills and expertise in financial operations. The Financial Operations Specialist will play a key role in managing day-to-day financial activities and supporting strategic initiatives.
Financial Management:
- Oversee and execute various financial operations processes, including invoice processing, expense tracking, and reconciliation of financial accounts.
- Cash Flow Management and Discussions with Partners
- Monthly Financial Meeting with Partners to discuss Financial Projections, Expense projections, and reconciliation of the month.
- Develop and maintain budgets and forecasts, aligning financial management
- Regularly analyze revenue and expense trends, identifying areas for improvement and cost-saving opportunities
- Collect payments from clients and accurately record the information.
- Generate monthly financial statements and related analyses for internal stakeholders.
- Drive the annual tax process, including reconciliation, documentation, and liaising with accountants.
- Conduct end-of-year closeout tasks
Operations Management:
- Collaborate with partners to cultivate relationships with clients and consultants.
- Organize accounts and files to assist in the creation of client deliverables.
- Manage all areas of business operations, not limited to Financial and Operations
- Develop statements of work (SOWs) and add amendments when necessary.
- Collect consultants’ timesheets and create invoices monthly.
- Engage in weekly meetings with managing partners to discuss consulting-related matters and create work plans.
Requirements:
- Bachelor’s degree in Finance, Accounting, Business Administration or related field.
- Proven experience (1-3 years) in a financial operations, financial management, or related field
- Experienced with Excel required; experience with QuickBooks preferred.
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