Finance Associate

Posted 4 weeks ago

Position: Full-Time

Location: Bolingbrook, IL

Position Overview:

As a Finance Associate, you will play a vital role in supporting the accounting department in various financial activities, including but not limited to, financial analysis, budgeting, accounting, and reporting. You will work closely with the accounting manager and President to ensure the smooth and efficient operation of financial processes within the organization.

Responsibilities:

Financial Analysis:

  • Assist in preparing financial statements, including balance sheets, income statements, and cash flow statements.
  • Conduct financial analysis to assess financial performance, identify trends, and make recommendations for improvement.
  • Analyze financial data and prepare reports to support decision-making by management.

Budgeting and Forecasting:

  • Assist in the preparation of annual budgets and periodic forecasts.
  • Monitor budget vs. actual performance and provide variance analysis to management.
  • Collaborate with department heads to develop and maintain departmental budgets.

Accounting Support:

  • Assist with accounts payable and accounts receivable functions, including processing invoices, payments, and collections.
  • Reconcile bank statements and general ledger accounts to ensure accuracy and completeness of financial records.
  • Assist in month-end and year-end close processes, including preparing journal entries and reconciling accounts.

Financial Reporting:

  • Prepare financial reports for internal and external clients, including monthly, quarterly, and annual reports.
  • Ensure compliance with regulatory reporting requirements and assist in the preparation of regulatory filings.

Financial Operations:

  • Support financial operations by maintaining financial databases, spreadsheets, and other financial systems.
  • Assist in developing and implementing financial policies, procedures, and controls to ensure compliance with internal and external regulations.

Ad Hoc Projects:

  • Participate in special projects and initiatives as assigned by management.
  • Conduct research and analysis to support strategic decision-making and process improvements.

Qualifications:

  • Bachelor’s degree in finance, accounting, economics, or a related field.
  • 1-3 years of experience in finance, accounting, or a related field.
  • Strong analytical and quantitative skills with the ability to interpret financial data.
  • Proficiency in Microsoft Excel and financial modeling.
  • Knowledge of accounting principles and financial reporting standards (GAAP).
  • Excellent communication and interpersonal skills.
  • Detail-oriented with strong organizational skills and the ability to prioritize tasks.
  • Ability to work independently and collaboratively in a team environment.
  • Experience with financial software systems (e.g., ERP, QuickBooks) is a plus.
  • Professional certification (e.g., CPA, CFA) or progress towards certification is preferred but not required.

Benefits:

  • Health, dental, and vision insurance
  • 401(k) with company match
  • Paid time off and holidays
  • Opportunities for professional growth and development

Applicants must be legally authorized to work in the USA. This position involves on-site work ONLY, NO remote work. Pay commensurate with knowledge and experience on a NON-PROFIT ISLAMIC ORGANIZATION scale.

Job Features

Job Category

Al-Furqaan Foundation, All

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