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Financial Operations Associate Jobs in Elgin, IL

Loop

Customer Operations Associate I

Chicago, IL · On-site

$60K - $65K/yr

... financial clarity, and decision intelligence at scale. Today, Loop serves >20% of the Fortune 100 ... The Customer Operations Associate is directly responsible for driving automation, optimizing ...

Cubesmart

Store Operations Associate

Aurora, IL · On-site

$18 - $20/hr

Shape Your Financial Future - Build towards retirement and take advantage of a generous 401(k) ... The Store Operations Associate is responsible for two key areas: Customer Service * Developing ...

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Financial Operations Associate information

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How much do financial operations associate jobs pay per hour?

As of Sep 13, 2026, the average hourly pay for financial operations associate in Elgin, IL is $25.94, according to ZipRecruiter salary data. Most workers in this role earn between $17.60 and $29.95 per hour, depending on experience, location, and employer.

What is a financial operations associate?

Financial Operations Associates are professionals who support the financial activities of an organization, including managing transactions, reconciling accounts, processing invoices, and assisting with budgeting and reporting. They ensure that financial records are accurate and in compliance with regulations. Their role is crucial in maintaining the smooth operation of a company's financial processes and supporting the finance team with daily administrative and analytical tasks.

What are some common challenges financial operations associates face when managing transaction accuracy and reporting deadlines?

Financial Operations Associates often navigate tight deadlines and high transaction volumes, which can make maintaining accuracy a challenge. They must pay close attention to detail when reconciling accounts, processing payments, and preparing financial reports to ensure compliance and avoid discrepancies. Additionally, collaborating with cross-functional teams such as accounting, compliance, and treasury requires strong communication skills to resolve issues efficiently. Adapting to frequent changes in regulations or internal processes is also a key aspect of the role.

What are the key skills and qualifications needed to thrive as a financial operations associate, and why are they important?

To thrive as a Financial Operations Associate, you need strong analytical abilities, attention to detail, and a foundational understanding of accounting or finance principles, often supported by a relevant degree. Familiarity with financial software such as Excel, ERP systems (like SAP or Oracle), and possibly certifications like CPA or CFA are highly valued. Excellent organizational skills, clear communication, and the ability to work collaboratively make someone stand out in this role. These skills ensure accurate financial processing, compliance, and effective coordination within a fast-paced finance environment.

What are the most commonly searched types of Financial Operations jobs in Elgin, IL?

The most popular types of Financial Operations jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Financial Operations Associate jobs?

Cities near Elgin, IL with the most Financial Operations Associate job openings:

Financial Operations Associate jobs near you
Infographic showing various Financial Operations Associate job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $53,961 per year, or $25.9 per hour.

Business Operations Associate

Chicago, IL • On-site

Honeycomb Insurance
11 - 50 employees
Learn more about Honeycomb Insuranceexternal

Full-time

Medical, Retirement, PTO

Posted 25 days ago

Key responsibilities

  • Lead and manage cross-functional initiatives to achieve business outcomes.

  • Identify operational improvement opportunities, propose data-driven solutions, and implement process updates.

  • Conduct KPI analysis, develop operational dashboards, and provide data insights to support strategic decision-making.

Job description

Honeycomb Insurance

At Honeycomb, we're not just building technology; we're reshaping the future of insurance. 

In 2025, Honeycomb was recognized by Dun & Bradstreet as "Top 10 Best Start Up Companies to Work For" in Israel, named by LinkedIn as "Top 10 Startups in Chicago", and Newsweek's "Greatest Startup Workplaces in America, 2025". Through the first half of 2026 we've been recognized on Inc. Magazine's "Best Workplaces" List and Forbes "Fintech 50".

How did we earn these honors?

Honeycomb is a rapidly growing global startup, generously backed by top-tier investors and powered by an exceptional team of thinkers, builders, and problem-solvers. Dual-headquartered in Chicago and Tel Aviv (R&D center), and with 6 offices across the U.S., we are reinventing the commercial real estate insurance industry, an industry long overdue for disruption. Just as importantly, we ensure every employee feels deeply connected to our mission and one another.

With over $100B in insured assets, Honeycomb operates across 23 states, covering more than 65% of the U.S. population and increasing its coverage.

If you're looking for a place where innovation is celebrated, culture actually means something, and smart people challenge you to be better every day - Honeycomb might be exactly what you've been looking for.

Position Overview: As Honeycomb's Operations Associate, you will play a pivotal role in driving cross-functional projects aimed at achieving impactful business outcomes. Reporting to the Manager of Business Operations, you will collaborate closely with teams across Underwriting, Marketing, Sales, RevOps, Support, Product, and R&D. Your impact will be measured by how well you lead initiatives, design and optimize processes, improve efficiencies, and ensure operational alignment with the company's overall strategic goals.

What You'll Do

  • Lead Initiatives:
    • Drive critical cross-functional initiatives autonomously with input from various teams and leaders across Honeycomb
    • Manage all aspects of your key initiatives including analyses, business case development, strategic and tactical planning, execution, reporting, enablement, and impact tracking
  • Process Innovation:
    • Identify areas for operational improvement across various functions and propose data-driven solutions to streamline processes and increase efficiency.
    • Recommend and implement various operational AI-based solutions to drive scale across various operational teams.
    • Document and implement updated processes, dataflows, operational workflows, and operational tools that contribute to better operational performance and scalability.
  • Data-Driven Insights:
    • Conduct analysis on critical KPIs to understand end to end metrics
    • Leverage data analytics to recommend various improvement areas, with company's strategic goals (OKRs) in mind
    • Work closely with BI and RevOps teams to build operational dashboards in Tableau to manage processes and business outcomes
  • Stakeholder Communication & Reporting:
    • Partner with senior leadership to define and prioritize strategic initiatives that drive measurable business results.
    • Lead and manage cross-functional strategic initiatives, ensuring alignment with business objectives and timelines.
    • Provide regular updates to leadership and cross-functional teams on project status, risks, and outcomes.
    • Prepare reports and presentations on key performance indicators (KPIs), project progress, and results.
  • Change Management & Implementation:
    • Drive the execution of process changes and new initiatives across the company, including adoption reporting and impact tracking 
    • Provide enablement and training to internal teams to help them navigate new processes and systems.

Basic Requirements

  • Bachelor's degree in Business Administration, Operations Management, or related field.
  • 4+ years of experience in consulting, operations management, or strategic initiatives, preferably in an InsureTech, tech, Insurance technology department, or financial services environment.
  • Strong experience managing cross-functional teams and driving projects that deliver tangible business results.
  • Strong in data analysis and using analytics tools (Excel, Tableau, SQL, etc.) to inform decisions.
  • Excellent communication and presentation skills, with the ability to influence and collaborate with senior leadership and teams.
  • Proven ability to autonomously manage complex projects with multiple stakeholders and tight deadlines.
  • Knowledge of insurance industry trends and regulatory environment is a plus.
  • Ability to express and consider diverse opinions.
  • Passion for acquiring, applying, and sharing knowledge.
  • Willingness to travel as necessary (up to 20%).
  • This role is hybrid out of our Chicago Office 3x weekly (Tuesday - Thursday)

Benefits

  • Compensation: $115,000 - $125,000 +10%
  • Health benefits.
  • Employee stock options.
  • 401(k) plan.
  • Flexible paid time off.
  • Paid national holidays.


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