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Finanical 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  Financial Associate to join our team. This role will be 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 

  • Work with CFO to prepare and automate various financial reports 

 

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 

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 Finanical Associate, Street Diligence

At Street Diligence, we’re on the lookout for a passionate Financial Associate to join our dynamic team based in São Paulo! As a high-growth FinTech start-up, our mission is to empower financial institutions with innovative tools to dissect and negotiate legal and financial contracts. You’ll be working closely with our CFO, helping automate and prepare various financial reports that are crucial for our operations. In this role, you’ll manage essential accounting transactions like accounts payable, receivable, and cash receipts, ensuring everything is classified correctly. Monthly, quarterly, and annual closings will also be part of your purview, along with reconciling balance sheet accounts and filing tax returns. Your expertise in Generally Accepted Accounting Principles (GAAP) and hands-on experience with QuickBooks will be invaluable as you help navigate our financial landscape. We’re looking for someone with advanced MS Excel skills and a keen eye for detail who can thrive in a fast-paced environment. If you have a BS in Accounting or Finance and are eager to be part of an innovative company that values diversity and inclusion, we’d love to hear from you. Street Diligence is not just a workplace; it’s where we collaborate, innovate, and grow together. Join us on this exciting journey and become an integral part of our transformative vision!

Frequently Asked Questions (FAQs) for Finanical Associate Role at Street Diligence
What are the main responsibilities of a Financial Associate at Street Diligence?

As a Financial Associate at Street Diligence, your primary responsibilities will include preparing and automating financial reports with the CFO, managing accounting transactions such as accounts payables and receivables, and reconciling balance sheet accounts. You will handle monthly, quarterly, and annual closings, ensuring accurate postings and classifications, while also filing sales tax returns. Your role is vital for maintaining the financial health of our innovative FinTech platform.

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What qualifications are needed to become a Financial Associate at Street Diligence?

To become a Financial Associate at Street Diligence, candidates should possess a BS in Accounting or Finance, paired with work experience as an Accountant. A solid understanding of Generally Accepted Accounting Principles (GAAP), experience with QuickBooks, and advanced Excel skills are also required. Additional certifications, such as CPA, are considered a plus, but passion and adaptability are equally valued.

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How does the Financial Associate role contribute to the success of Street Diligence?

The Financial Associate role is crucial for the success of Street Diligence, as it ensures the accuracy and efficiency of our financial operations, allowing our team to focus on product innovation. By automating financial processes and maintaining clarity in accounting transactions, this position helps our clients navigate complex financial agreements, ultimately supporting our mission to offer industry-leading FinTech solutions.

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Are there growth opportunities for Financial Associates at Street Diligence?

Absolutely! At Street Diligence, we believe in nurturing talent and providing growth opportunities for our Financial Associates. As you gain experience and demonstrate your skills, there are chances to advance within the finance team or even transition into other areas of the company, including finance strategy or analytics, depending on your interests and aspirations.

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What is the work environment like for a Financial Associate at Street Diligence?

The work environment at Street Diligence for a Financial Associate is dynamic, supportive, and inclusive. Our remote-based model encourages collaboration across teams while allowing flexibility in your workday. We foster a culture of innovation and teamwork, where every team member is encouraged to share ideas, contribute to projects, and help shape our future. It’s a great place to grow both personally and professionally!

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Common Interview Questions for Finanical Associate
Can you describe your experience with financial reporting as a Financial Associate?

In your response, highlight specific examples of financial reports you've prepared, the software you used, and how your reports impacted decision-making. Show your attention to detail and understanding of financial accuracy, which is crucial for Street Diligence.

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What accounting software are you most comfortable with, and how have you used it in previous roles?

Discuss your hands-on experience with QuickBooks and any other accounting software you’ve used. Provide examples of tasks you managed using these tools, emphasizing your skill in organizing financial information and automating reporting processes.

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How do you ensure accuracy when managing accounts payable and accounts receivable?

You can explain your methods for double-checking transactions, documenting processes, and using software tools to minimize errors. Mention any specific techniques you utilize to stay organized and ensure that financial data is accurate and up-to-date.

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What strategies do you use to manage tight deadlines in financial reporting?

It’s helpful to share how you prioritize tasks, stay organized, and communicate effectively with your team. Discuss any systems or tools that help you manage deadlines and ensure timely reporting, demonstrating your ability to thrive under pressure.

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Can you elaborate on your understanding of GAAP?

Provide a brief overview of GAAP principles and their importance in financial reporting. Illustrate your practical understanding by discussing how you’ve applied these principles in your previous positions, especially in relation to compliance and financial accuracy.

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What role does teamwork play in your approach to financial analysis?

Emphasize collaboration in your previous roles, how you’ve worked with cross-functional teams, and the importance of communication in completing financial analyses. Highlight specific examples that demonstrate your ability to work effectively with others.

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Describe a challenge you faced in your previous financial position and how you overcame it.

This is a great opportunity to showcase your problem-solving skills. Detail the challenge, the steps you took to address it, and the positive outcome. This shows your resilience and ability to adapt to changing circumstances.

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How do you stay updated with the latest trends in financial management?

Mention the resources you use, such as finance blogs, industry publications, webinars, and professional groups. Sharing your continuous learning approach reflects your commitment to professional development, which aligns well with the values of Street Diligence.

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What do you think makes a good financial analyst?

Discuss qualities such as analytical skills, attention to detail, effective communication, and technical proficiency in finance tools. Additionally, share how these traits have contributed to your success in previous roles and will benefit Street Diligence.

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Why do you want to work for Street Diligence as a Financial Associate?

Express your enthusiasm for the innovative projects at Street Diligence and how they align with your career goals. Discuss the company’s mission and values, and emphasize your excitement about contributing to the team’s growth and the financial technology sector.

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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
December 30, 2024

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