POOL: RedTire Program Finance Analyst Student Intern

University of Kansas; Kansas; On-site; USD 14,000 - 15,000; Part time

Benefits offered by this job

On-site at Capitol Federal Hall

Training wage $10.25/hour

Potential wage increases for returning

Job summary

University of Kansas is seeking a KU student analyst for RedTire to translate financial data from tax returns and P&Ls into valuation models and support market research. The role emphasizes applying live-case valuation techniques and real-world deal processes within the KU School of Business program.

The position is on-site at Capitol Federal Hall, offering an initial training wage of $10.25 per hour. Students may continue for multiple semesters with pay increases based on performance.

Qualifications

• Business undergrad with finance or accounting tracks or MACC/MBA with finance.
• Finance FIN 310 or Honors Finance FIN 311 course enrollment required.
• Experience in finance-related field or internship is preferred.

Responsibilities

• Extrapolate raw financial data into RedTire models (35%).
• Perform business valuation analyses using standard models.
• Assist with industry, location, and market research initiatives.
• Handle ad-hoc financial and modeling analyses as needed.
• Support day-to-day administration of RedTire and assist with leads for sellers/buyers.

Skills

Finance knowledge

Accounting basics

Curriculum coursework

Education

Finance or Accounting undergrad

MACC or MBA with Finance

Job description

Job Description

Job duties may include (but are not limited to):

• 35% - Extrapolate raw financial data (from tax returns and company P&L's) into RedTire models.
• 25% - Perform business valuation analyses using established models and procedures.
• 15% - Help with industry, location, and market research/risk initiatives.
• 15% - Other ad-hoc financial and modeling analysis duties as required.
• 10% - Assist with day-to-day administration of RedTire and help with leads for candidate business (sellers) and buyers for inclusion in the program.

Disclaimer

The University of Kansas prohibits discrimination on the basis of race, color, ethnicity, religion, sex, national origin, age, ancestry, disability, status as a veteran, sexual orientation, marital status, parental status, gender identity, gender expression, and genetic information in the university's programs and activities. Retaliation is also prohibited by university policy. The following person has been designated to handle inquiries regarding the nondiscrimination policies and is the Title IX coordinator for all KU and KUMC campuses: Associate Vice Chancellor for Civil Rights and Title IX, [e-mail], Room 1082, Dole Human Development Center, 1000 Sunnyside Avenue, Lawrence, KS 66045, 785-864-6414, 711 TTY.

Work Schedule

Flexible: up to 20 hours weekly between 8 am - 5 pm, Monday - Friday, during the semester, with the possibility of up to 40 hours weekly during academic breaks.

Required Qualifications

• Business undergraduate student with finance or accounting tracks OR MACC or MBA graduate student with finance.
• Completion or concurrent enrollment in "Finance" - FIN 310 or "Honors Finance" - FIN 311.

Preferred Qualifications

• Working experience in a Finance-related field from an external employer internship covering some aspects of working with financial statements and/or valuation methodologies.

Position Overview

RedTire is a KU School of Business venture designed to enhance the economic well-being of Kansas and the surrounding states. The program finds the most suitably qualified candidate buyers to match with a successful small- to medium-sized business, preventing the shuttering of the business due to a lack of an owner successor. RedTire assists in successfully transitioning the business to new ownership and relies on University of Kansas (KU) student interns for the financial analysis and valuation modeling phases of the process.

The KU student analyst's first objective is to provide assistance to the RedTire Director so that quality business and technical consulting assistance to RedTire clients is provided. Secondly, the aim of the role is to also provide an excellent experimental learning opportunity to the KU student. They will work on 'live real-world' case scenarios to successfully transition a business from a retiring owner by redefining their retirement to a new, younger owner who will acquire their business. The position works on-site at Capitol Federal Hall and will receive $10.25 per hour during the initial training period. Ideal candidates will continue in the role for multiple semesters and receive increasing wage adjustments for returning semesters, commensurate with performance.

The KU student in this position will receive the benefit of:

• Applying academic valuation techniques to a live company and learning other small business valuation techniques that are not generally taught in the academic accounting or finance classroom.
• Obtaining direct experience and insight into how the deal process works.
• Gaining valuable experience in dealing with project related work.
• Students employed by RedTire could also meet the KU School of Business internship requirements.

Throughout their employment, student employees will maintain and manifest positive actions that align with and support the Code of Conduct for the School of Business.

Position Requirements

During the semester term of the appointment, the student hourly must be enrolled in no fewer than 6 credit hours. For summer periods the student hourly must: (1) have been enrolled in no less than 6 hours in the past spring semester or (2) be pre-enrolled in the upcoming fall semester in no less than 6 hours or (3) be enrolled in summer session or (4) be admitted to study in the upcoming fall semester. Student Hourlies may be undergraduate or graduate students. (Exceptions granted for GRA/GTA/GA appointments DO NOT apply to Student Hourly appointments).

Employment Conditions

(1) Student employees are not eligible for remote work arrangements unless an exception is approved by the unit leadership and HR.

(2) This is an hourly/non-exempt position. A student employee cannot hold an hourly/non-exempt position and a salaried/exempt graduate or undergraduate position (GRA/GTA/GA/RUA/RGA) concurrently.