POOL: RedTire Program Finance Analyst Student Intern

University of Kansas; Lawrence, Northern (KS, KY); Hybrid; USD 1,412,000 - 1,929,000; Part time

Benefits offered by this job

Live client cases

Valuation training

KU internship credits

Job summary

The University of Kansas, through RedTire in the KU School of Business, seeks a student analyst intern to support financial analysis and valuation modeling for real-world business transitions.

You will extrapolate data, perform valuations, and assist with market research while gaining live cases and internship credit. On-site at Capitol Federal Hall, compensation starts at $10.25 per hour during training, with increases for returning semesters.

Qualifications

• Must be a business undergraduate with finance or accounting focus or MACC/MBA with finance.
• Completion or concurrent enrollment in FIN 310 or FIN 311.

Responsibilities

• Extrapolate raw financial data into RedTire models.
• Perform business valuation analyses using established models and procedures.
• Help with industry, location, and market research/risk initiatives.
• Other ad-hoc financial and modeling analysis duties as required.

Skills

Finance

Valuation

Accounting

Education

Business undergraduate student with finance or accounting tracks OR MACC or MBA graduate student with finance

Completion of FIN 310 or Honors Finance FIN 311

Job description

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.

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.

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 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.

Additional Candidate Instructions

• Primary Campus: University of Kansas Lawrence Campus