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Finance Associate

ElectronX
Chicago, IL Full Time
POSTED ON 4/10/2025
AVAILABLE BEFORE 5/8/2025
Who are we?

An electricity exchange for the energy transition.

ElectronX™ is a new electricity market designed to enable precision risk management, volatility hedging opportunities, and the monetization of power assets for all energy market participants. As a CFTC-regulated financial exchange (subject to approval), ElectronX will offer derivatives products that capture the intraday price fluctuations of our rapidly changing electrical grid—helping to smooth the financial path of clean energy adoption across the nation.

The Finance Associate role supports our growth as we build this innovative exchange. We're looking for professionals who began their career in accounting and now seek to expand their skillset. You'll work directly with our CFO across every aspect of our financial operations.

Your responsibilities will extend beyond traditional accounting—from implementing core financial systems to supporting the critical clearing functions driving our business. You'll develop and execute financial processes spanning both corporate finance and exchange operations in our fast-paced startup environment. Gain exposure across the entire financial spectrum of our cutting-edge trading platform while making a meaningful impact on the energy transition. As we grow, your contributions will directly shape our success, offering significant growth potential for ambitious finance professionals.

What you will be doing:

Accounting Support

  • Execute month-end close processes under CFO supervision
  • Prepare journal entries and account reconciliations
  • Support system implementation as a key user, configuring the system with custom reports and dashboards to enhance financial visibility for both current and future exchange operations
  • Process accounts payable following proper approval protocols
  • Assist with external accounting firms for tax and annual audit preparation

Clearinghouse Support

  • Process daily settlements and reconcile trading activity
  • Monitor customer accounts and related collateral deposits
  • Assist with member onboarding and documentation management, working closely with the market operations team.
  • Support preparation of clearing-specific regulatory reports

Cash & Treasury Operations

  • Support daily cash activities across corporate and clearing functions
  • Manage banking transactions for both operating and settlement accounts
  • Administer expense tracking and reporting through expense system

Regulatory Compliance Support

  • Execute reconciliation processes essential for regulatory reporting
  • Support regulatory examination preparation and maintain compliance procedure documentation

What we need from you:

  • Bachelor's degree in accounting or finance
  • 1-3 years of accounting experience
  • Working knowledge of financial systems (NetSuite experience a plus)
  • Advanced Excel proficiency
  • Exceptional attention to detail with a process improvement mindset
  • Self-directed problem-solver who thrives in a startup environment
  • Working toward or have obtained your CPA certification

Bonus points if:

  • You have experience with financial services or trading systems infrastructure
  • You're passionate about clean energy and its intersection with financial markets

What does ElectronX offer?

  • Paid healthcare including health, dental, and vision
  • 401K
  • Supplemental health and disability insurance
  • Unlimited vacation
  • Flex-work
  • ElectronX gear!

Equal Opportunity Statement:

ElectronX is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

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