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Finance Associate

Street Diligence is a high-growth FinTech start-up with an innovative product offering and ambitious expansion plans. Our clients include leading financial institutions that use our platform to analyze and negotiate advantageous terms in legal and financial contracts.  We break down key terms, identify what’s “market” and “off-market” and flags risks embedded in contract terms.  Our platform also provides unique visuals, benchmarking and comparison to place negotiations and contracts in context.  Founded in 2012, Street Diligence is headquartered in New York. 

THE ROLE

Street Diligence is looking for a Finance Associate to join our team. This role will be a remote-based, and will work with the CFO to prepare and automate various financial reports. This role will post and ensure proper classifications for all accounting transactions such as:

  • Vendor Upload 

  • Accounts payable 

  • Accounts Receivable Invoices 

  • Cash Receipts 

  • Handle monthly, quarterly and annual closings 

  • Reconcile balance sheet accounts 

  • Accrued Expenses 

  • Prepaid Expenses 

  • Accrued Interest 

  • Bank accounts (daily) 

  • Accrued Commissions 

  • Accrued Incentives 

  • Accounts payable and receivable 

  • Sales Tax Payable 

  • Ensure P&L by class is correctly posted  

  • Ensure employee expenses are correctly coded by account and class 

  • File monthly sales tax returns with appropriate states 

  • Publish accounting financial statements 

 

WHAT YOU'LL BRING TO THE TABLE 

  • Work experience as an Accountant 

  • Working knowledge of Generally Accepted Accounting Principles (GAAP) 

  • Hands-on experience with QuickBooks 

  • Advanced MS Excel skills including Vlookups and pivot tables 

  • Experience with general ledger functions and monthly closing process 

  • Strong attention to detail and good analytical skills 

  • BS in Accounting, Finance or relevant degree 

DESIRED QUALIFICATIONS

  • Additional certification (CPA) is a plus 

  • Fluent in Spanish is a plus

We know that not everyone will meet all of the qualifications listed above. If your experience doesn't perfectly align, but you believe you'd be a strong fit for the team, we encourage you to apply. We’re eager to learn more about what you can offer! 

Street Diligence is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state or local law. Street Diligence participates in the E-Verify employment system of the U.S. Government. 

Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Finance Associate, Street Diligence

Join the dynamic team at Street Diligence as a Finance Associate in São Paulo, where you’ll play a key role in the financial operations of our fast-growing FinTech start-up. In this friendly and collaborative environment, you'll work closely with our CFO to prepare and automate various financial reports that are pivotal for our clients in navigating legal and financial contracts. You'll be responsible for ensuring the proper classifications for all accounting transactions, whether it's vendor uploads, accounts payable, or managing cash receipts. Your expertise will be vital during monthly, quarterly, and annual closings, as you reconcile balance sheet accounts and handle everything from accrued expenses to sales tax returns. If you have a keen eye for detail and are well-versed in Generally Accepted Accounting Principles (GAAP), you're exactly what we're looking for. With advanced MS Excel skills and familiarity with QuickBooks, you’ll help us ensure that employee expenses are correctly coded and that our financial statements are published accurately. This remote-based position welcomes applicants who not only meet the qualifications but are also excited to be part of an innovative team. If you’re ready to make an impact and help us grow, we can’t wait to hear from you!

Frequently Asked Questions (FAQs) for Finance Associate Role at Street Diligence
What are the key responsibilities of a Finance Associate at Street Diligence?

As a Finance Associate at Street Diligence, your primary responsibilities will include preparing financial reports, overseeing vendor uploads, managing accounts payable and receivable invoices, and handling cash receipts. You'll also reconcile balance sheet accounts and ensure correct postings for accrued and prepaid expenses, along with filing monthly sales tax returns. Your role is integral in maintaining accurate financial records, which supports our clients in the financial services industry.

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What qualifications do I need to become a Finance Associate at Street Diligence?

To be considered for the Finance Associate position at Street Diligence, you should have work experience as an accountant and a strong foundation in Generally Accepted Accounting Principles (GAAP). A BS in Accounting or Finance is essential, and hands-on experience with QuickBooks and advanced MS Excel skills are highly desirable. If you have additional certifications such as CPA or are fluent in Spanish, those are definite advantages in your application.

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How does Street Diligence ensure a positive work environment for Finance Associates?

At Street Diligence, we prioritize creating an inclusive and supportive work culture for our Finance Associates. We believe in recognizing merit and competence for all career decisions, and we actively encourage open communication and teamwork. Our commitment to diversity ensures that all employees can thrive, and your unique perspectives will be valued as we work towards our ambitious goals.

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What financial software does Street Diligence expect Finance Associates to know?

Finance Associates at Street Diligence are expected to have hands-on experience with QuickBooks and advanced knowledge of Microsoft Excel, including functionalities like Vlookups and pivot tables. Familiarity with general ledger functions is crucial as well, as you'll be using these tools to streamline financial operations and reporting effectively.

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Can I apply for the Finance Associate role at Street Diligence if I don't meet all the qualifications?

Absolutely! At Street Diligence, we understand that not everyone will meet every qualification listed for the Finance Associate position. If you’re passionate about finance and believe you can contribute positively to our team, we encourage you to apply regardless of whether your experience aligns perfectly with the qualifications. We are always eager to discover new talent and varying perspectives.

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Common Interview Questions for Finance Associate
What motivated you to apply for the Finance Associate position at Street Diligence?

A great response would highlight your enthusiasm for FinTech, your admiration for Street Diligence's innovative approach in the financial sector, and your eagerness to contribute to a rapidly growing start-up. Tailor your answer by sharing a personal connection to the industry or the company's mission.

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Can you describe your experience with GAAP and how it applies to the Finance Associate role?

In your answer, outline your understanding of GAAP principles, and provide specific examples of how you've applied them in past positions. Talk about any situations where strict adherence to these principles improved financial reporting or helped identify errors.

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How do you prioritize your tasks when handling multiple accounting responsibilities?

Demonstrate your ability to manage time effectively by explaining your strategy for prioritizing tasks based on deadlines and importance. Mention any tools or methods you use to stay organized, like using spreadsheets or task management software.

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What is your experience with QuickBooks and financial reporting?

Share your hands-on experience with QuickBooks, detailing specific tasks you've performed such as generating financial reports or managing vendor transactions. Mention a time when you used QuickBooks to resolve an issue or streamline a process effectively.

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How do you ensure accuracy in financial reporting?

Talk about your attention to detail, the double-checking processes you implement, or the way you reconcile accounts to ensure everything matches. Highlight any past experiences where your accuracy had a notable impact on the company.

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Have you dealt with month-end closing processes? If so, how?

Provide examples of your experience with month-end closing activities, describing the steps you take to ensure a smooth process. You can discuss reconciliations, report preparation, and any collaboration with other departments.

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What analytical skills do you bring to the Finance Associate role?

Discuss the specific analytical skills relevant to accounting, such as your ability to interpret financial data, identify trends, or analyze variances. Use examples from your experience that demonstrate your analytical mindset.

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How do you stay updated with financial regulations and tax laws?

Mention resources you use to keep abreast of changes in financial regulations and tax laws, such as professional journals, courses, or networking with other finance professionals. Stress the importance of ongoing education in your career.

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Can you provide an example of a challenging accounting issue you've handled?

Be prepared to discuss a specific challenging situation, focusing on the problem, the steps you took to solve it, and the outcome. This illustrates your problem-solving capabilities and how you think under pressure.

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What do you know about Street Diligence and our role in the financial sector?

Conduct thorough research on Street Diligence and articulate its unique value proposition, innovations in contract analysis, and how you see the Finance Associate contributing to the company's success. This shows your genuine interest in the role and company.

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Street Diligence is the leading provider of deal term analytics for fixed income investment professionals. Our web-based platform is used by leading hedge funds, global investment banks, direct lenders, restructuring advisors and insurance compani...

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Full-time, remote
DATE POSTED
January 28, 2025

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