Associate - Financial Advisory Services

Huntington Bank; Chicago (IL); On-site; USD 114,000 - 125,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Life insurance

Disability insurance

Retirement savings plan

Paid leave

PTO

Job summary

Huntington Bank in Chicago, IL seeks an Associate for Financial Advisory Services to help clients address financial and operational challenges through transaction advisory, restructuring, turnaround, and performance improvement. You will rely on your accounting and finance knowledge to analyze data and support buy-side and sell-side diligence.

This role involves building integrated financial models, performing valuation work, and communicating findings to clients, while collaborating with

Qualifications

• BA/BS degree in Accounting, Finance, or related field required.
• Advanced Excel and PowerPoint skills; experience with Power BI/Alteryx preferred.
• Strong analytical and problem-solving abilities with attention to detail.
• Ability to manage multiple work streams and meet deadlines.
• Willingness to travel 25–50% and pass FBI background check.

Responsibilities

• Analyze historical financial results to identify normalized earnings and working capital trends.
• Assist in QoE reports, including revenue, margin, and EBITDA analyses.
• Support cash flow forecasting, liquidity analysis, and 13-week cash models.
• Build and maintain financial models; perform scenario and variance analyses.
• Collaborate with lenders, creditors, and investors during diligence processes.

Skills

Analytical thinking

Problem solving

Communication skills

Business writing

Time management

Team collaboration

Education

BA/BS degree in Accounting, Finance, or related field

Tools

Excel

PowerPoint

Power BI

Alteryx

Job description

## Associate - Financial Advisory ServicesApplyremote type: Officelocations: Chicago, IL: Boston, MA: Dallas, TXtime type: Full timeposted on: Posted Todayjob requisition id: R0073958# **Description****Summary:**As an associate on the FAS team, you will help develop solutions to the financial and operational challenges facing our clients and improving their overall performance. You will rely on your analytical skills and strong understanding of accounting and finance when you work on projects in transaction advisory. turnaround, restructuring, bankruptcy and performance improvement. Typical responsibilities will include:**Duties and Responsibilities:****Transaction Advisory:*** Analyze historical financial results to identify normalized earnings, working capital trends, and key diligence findings* Assist in the preparation of Quality of Earnings (QoE) reports, including revenue, margin, and EBITDA analyses* Identify and quantify adjustments related to non-recurring items, accounting policy differences, and operational inefficiencies* Evaluate working capital targets and drivers, including seasonality and normalization* Support client interactions, data requests, and management interviews during buy-side and sell-side diligence processes**Corporate Restructuring & Turnaround:*** Perform cash flow forecasting, liquidity analysis, and short-term cash management assessments (13-week cash flow models)* Analyze capital structures and debt agreements to identify risks, covenant constraints, and restructuring alternatives* Support development of turnaround plans, cost reduction initiatives, and operational improvement strategies* Assist with stakeholder communications, including lenders, creditors, and investors* Assisting in the bankruptcy preparation and administration for clients* Conduct scenario analysis to evaluate restructuring outcomes and strategic alternatives**Financial Modeling & Analysis:*** Build and maintain financial models including projections, sensitivity analyses, and scenario modeling* Perform variance and trend analyses across revenue streams, cost structures, and key financial KPIs* Support development of business plans, forecasts, and performance dashboards**Data Analytics & Process Improvement:*** Utilize data analytics tools (e.g., Excel, Power BI, Alteryx) to analyze large datasets and identify trends* Assist in automating and improving financial reporting and diligence workflows* Evaluate internal controls and financial reporting processes, particularly in distressed or underdeveloped environments**Basic Qualifications:*** BA/BS degree Accounting, Finance, or other analytical fields.* 2-4 years of experience in corporate restructuring, investment, accounting, and/or consulting**Preferred Qualifications:*** MBA/ MS in Accounting, Finance, or other analytical fields.* Advanced foundation in Microsoft Excel and PowerPoint.* Foundational understanding of operational & financial restructuring, debtor and creditor.* Understanding and analysis of financial statements.* Ability to design, build and use comprehensive integrated financial models.* Work well against deadlines and stay on task while supporting multiple work streams.* Can function well under pressure and work independently while knowing when to ask for guidance.* Creative problem-solving & critical thinking skills with the ability to process alternative solutions.* Strong oral communication and business writing skills.* Excellent attention to detail, leadership skills and work ethic.* Willingness to travel (25-50%).* Must be authorized to work in the United States – E-Verify Employer.* Ability to pass an FBI (Federal Bureau of Investigations) background check with fingerprinting to be associated with the broker dealer.**Exempt Status: (Yes** = not eligible for overtime pay) (**No** = eligible for overtime pay)Yes**Workplace Type:**OfficeOur Approach to **Office** Workplace TypeCertain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.**Compensation Range:**$114,000-$125,000 annual base salaryThe compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).Huntington is an Equal Opportunity Employer.Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.**Note to Agency Recruiters:** Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.