Financial Analyst

Job Description

Financial Analyst | 1970 Group

The Tone:
This is an entry-level, full-time role at 1970 Group, located on-site in Greenwich, CT. 1970 Group is a leading specialty risk financing firm, backed by Bain Capital Insurance, known for its deep expertise in structured financing and risk management. The company pioneered Insurance Collateral Funding (ICF), an innovative solution that allows clients to transfer insurance collateral requirements off their balance sheets, thus freeing up capital for strategic initiatives. This empowers CFOs and finance teams by offering flexible alternatives to traditional bank facilities. As 1970 Group experiences rapid growth and expansion across North America, the Financial Analyst role is crucial for supporting accounting operations, treasury functions, and financial reporting, ultimately maintaining the accuracy and integrity of the general ledger.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, Greenwich, CT
• Team: Finance Team
• Mission: This person will ensure the accuracy and integrity of the general ledger through daily reconciliations and support for month-end close activities.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Cash Management & Reconciliation: Perform daily and monthly reconciliations of bank and cash accounts, identifying and resolving discrepancies and escalating unusual items, while also supporting incoming and outgoing wire transfers for AP and AR to ensure accurate recording of cash movements.
• General Ledger Maintenance: Prepare and propose journal entries, including standard recurring items, accruals, reclassifications, and corrections, with appropriate supporting documentation for management review.
• Financial Reporting: Complete standardized daily, weekly, and monthly reports such as cash position reports, variance schedules, and intercompany or account-level summaries.
• Month-End & Quarter-End Close Support: Assist with close activities by preparing account analyses, balance sheet reconciliations, and supporting schedules, maintaining organized records and workpapers in line with internal controls and audit requirements.
• Ad Hoc Analysis: Provide support for internal and external audit requests and assist with various ad hoc analyses and special projects as assigned.

The Must-Haves
• Background: Hold a Bachelor’s degree in Accounting, Finance, Economics, or a related field, along with a solid understanding of basic accounting principles (GAAP/IFRS), debits, credits, and the general ledger.
• Experience: Possess 0–2 years of relevant experience, including internships, co-ops, or pertinent coursework.
• Skills: Demonstrate proficiency in Microsoft Excel, including formulas, pivot tables, and lookups, coupled with strong attention to detail, accuracy in handling high volumes of data, and effective organizational and communication abilities.
• Bonus: Exposure to an ERP or accounting system like NetSuite, familiarity with bank portals or treasury platforms, or active progress toward a CPA or MBA.