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.