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    Financial Operations Associate - Chicago, United States - Blue Star Partners LLC

    Blue Star Partners LLC
    Blue Star Partners LLC Chicago, United States

    4 days ago

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    Description

    Job Description

    Job Description

    Position: Financial Operations Associate
    Location: Remote (Chicago, IL Preferred)
    Contract to Hire: 3 Months (Intern) to Full-Time Position
    Hours: 20 – 25 Hours Per Week (3 Months)
    Rate: $15 - $18/hr
    Full-Time Position: $55K (with bonus structure)
    Start Date: ASAP


    Responsibilities:

    We are seeking an organized and eager-to-learn individual to join our team as a Financial Operations Associate. This entry-level position offers recent college graduates an excellent opportunity to gain hands-on experience in financial operations while contributing to the success of our firm. The Financial Operations Associate will work closely with our team to support various financial and operational tasks.


    Financial Management:

    • Monthly Reconciliations
    • Cash Flow Management/Discussions with Partners
    • Monthly Financial Meeting 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, or related field.
    • Proven experience (1-2 years) in a financial role or relevant internship experience.
    • Experienced with Excel is required; experience with QuickBooks preferred.
    • 0 – 2 years of Financial Analysis, Financial Management, Operation Management.
    • Seeking college students graduating Spring 2024
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