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Financial Contractor Jobs in Detroit, MI (NOW HIRING)

Lit Financial

Finance Analyst

Troy, MI · On-site

Reporting directly to the CFO, you will take full ownership of commission processing for both our W-2 loan originators and our 1099 contractor platform, then help us automate and build the processes ...

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$36

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How much do financial contractor jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for financial contractor in Detroit, MI is $36.38, according to ZipRecruiter salary data. Most workers in this role earn between $15.90 and $56.02 per hour, depending on experience, location, and employer.

What does a financial contractor do?

A Financial Contractor is an independent professional who provides financial services to businesses or individuals on a contract basis. They may handle tasks such as bookkeeping, financial analysis, tax preparation, budgeting, or consulting. Unlike full-time employees, they typically work with multiple clients and have more control over their schedules and workload. Financial Contractors are often hired for specialized expertise or to assist during peak financial periods.

What are the key skills and qualifications needed to thrive as a financial contractor?

To excel as a Financial Contractor, you need strong analytical skills, in-depth knowledge of financial regulations, and a background in accounting or finance, often supported by a relevant degree or certification (such as CPA or CFA). Familiarity with financial software like QuickBooks, Excel, and ERP systems is typically required. Strong communication, time management, and problem-solving abilities help a contractor effectively manage multiple clients and projects. These skills ensure accurate financial analysis, compliance with regulations, and the ability to build trust with clients.

What types of clients or industries do financial contractors typically work with?

Financial Contractors often serve a variety of clients, including small businesses, corporations, startups, and nonprofit organizations, spanning diverse industries such as healthcare, technology, real estate, and manufacturing. Depending on their expertise, contractors might manage tax preparation, financial planning, audits, or interim CFO responsibilities. They may work independently or as part of a consulting firm, adapting to each client’s specific financial requirements and operational structures. This versatility allows Financial Contractors to develop broad experience and expand their professional network while addressing unique challenges across different sectors.

What are popular job titles related to Financial Contractor jobs in Detroit, MI?

For Financial Contractor jobs in Detroit, MI, the most frequently searched job titles are:

What job categories do people searching Financial Contractor jobs in Detroit, MI look for?

The top searched job categories for Financial Contractor jobs in Detroit, MI are:

What cities near Detroit, MI are hiring for Financial Contractor jobs?

Cities near Detroit, MI with the most Financial Contractor job openings:

Financial Contractor jobs near you
Infographic showing various Financial Contractor job openings in Detroit, MI as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $75,679 per year, or $36.4 per hour.

Finance Analyst

Lit Financial

Troy, MI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 13 days ago

Job description

About the Job

LitFinancial is on a mission to be the most client focused mortgage company in the industry. As of 2025, LitFinancial has earned a perfect 5-star review with the Better Business Bureau and a 4.9 rating with hundreds of reviews from Google by delivering a world class experience. LitFinancial is a dynamic organization built with go-getters who are passionate, hardworking, and honest, which fuels an incredible environment.

Position Overview

We are seeking a highly motivated Finance Operations & Compensation Analyst to own compensation administration, reconciliation, and vendor financial operations as we scale. Reporting directly to the CFO, you will take full ownership of commission processing for both our W-2 loan originators and our 1099 contractor platform, then help us automate and build the processes that will carry the company from hundreds to over a thousand loan originators. This is a high-visibility role with real ownership from day one, ideal for a recent graduate with 1 to 2 years of experience who wants to build a finance function, not just work in one. This is an in-office position based in Troy, MI.

Key ResponsibilitiesCompensation Administration
  • Own end-to-end commission processing for loan originators, including calculation, review, approval, and payment.
  • Reconcile commission calculations to ensure loan-level accuracy before every pay cycle.
  • Coordinate loan-level commission detail and payment communications with loan originators and sales leadership, and resolve discrepancies quickly and professionally.
  • Support payroll processing by ensuring compensation data is complete, accurate, and delivered on schedule.
  • Partner with the product owner on platform changes affecting commissions and compensation, representing Finance requirements, validating calculation logic before changes go live, and owning the accuracy of the compensation calculation source of truth document maintained in collaboration with the product owner.
Vendor Management & Reconciliation
  • Own monthly reconciliation for our top vendor relationships, including credit reporting, health and benefits providers, and our third-party processing partner.
  • Audit vendor invoices against contracted rate cards, identify overcharges and duplicate billings, and drive disputes to resolution.
Automation & Process Building
  • Help automate revenue and compensation reconciliation, including building tools to gather and consolidate data from lender portals and internal systems.
  • Document SOPs for commission processing, reconciliation, and vendor management so every process is repeatable and audit-ready.
  • Design processes that scale: what works for hundreds of loan originators today must work for 500 to 1,000 next year.
  • Identify opportunities to eliminate manual work through automation and process optimization.
Qualifications
  • Bachelor's degree in Finance, Accounting, or a related field.
  • 1 to 2 years of experience in finance, accounting, FP&A, or a related analytical role (internship experience counts).
  • Strong Excel skills; you are comfortable working in formula-driven models and keeping them clean.
  • High attention to detail; commission errors cost money and trust, and you catch them before they happen.
  • Comfortable with ambiguity and fast-changing priorities in a scaling environment.
  • Interest in pursuing a CPA or CFA designation is a plus.
  • Exposure to mortgage, lending, fintech, or investment banking is a plus but not required.
What We Offer
  • Learn directly from our senior finance executive in a role built to shape strong finance professionals.
  • Real ownership, real impact: you will run processes that touch every producer in the company.
  • A front-row seat to a company scaling its production platform, with the opportunity to grow into a broader finance role as the team expands.
  • Competitive salary plus performance bonuses.
  • Health, dental, and vision insurance.
  • 401(k).
  • Paid time off and holidays.

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