Financial Analyst (Billing Rates & Pricing)
New York, NY or Los Angeles, CA
A leading international law firm that provides innovative legal solutions to many of the world’s top financial institutions and Fortune Global 500 companies has an opening for a Financial Analyst for their New York or Los Angeles office. The Financial Analyst provides accurate and reliable billing rate related information and analysis to management necessary for decision making and planning.
Responsibilities
- Manage implementation and maintenance of Firm’s billing rates, exception rates, and complex fee arrangements;
- Assist with global rates management and maintenance;
- Partner with a variety of key stakeholders, both attorneys and staff to ensure coordination of rate changes, proper approval of discounts, revisions to paper and electronic billing procedures and processes to ensure seamless invoicing and approvals;
- Document, track and report on firmwide discounts;
- Manage volume discounts portfolios for firmwide clients;
- Maintain Fee Arrangement Portal;
- Reconcile engagement letters against New Business Intake Process;
- Must ensure the integrity and accuracy of system data;
- Assist with the establishment of timekeeper rates for all timekeepers based on client/matter fee arrangements;
- Timely submission of timekeeper rates for electronic billing;
- Research and respond to internal/external requests for rate related information and reporting of same;
- Prepare reports in excel format;
- Verify the accuracy of data by analyzing figures and historical statistics and uncover processing errors in time and billing transactions and ensure that financial information has been recorded accurately;
- Prepare scheduled statistical information for outside counsel;
- Assist other departments in furnishing rate related information and financial reports;
- Research and respond to queries regarding items in question;
- Assist in producing year-end Committee schedules and other schedules required;
- Review billing guidelines and engagement letters and notify appropriate departments and attorneys regarding client arrangements;
- Set up special rates, cost exceptions, task codes, billing instructions, update client groupings and narrative necessary in the accounting system;
- Work overtime as required, in particular at month end and year end; and
- Handle additional tasks and projects as assigned.
Qualifications
- A Bachelor’s degree in Business (required) with an emphasis in Accounting or Finance (preferred);
- Advanced-level proficiency in Microsoft Excel (required);
- At least 3 years of strong analytical experience;
- Expert level proficiency in English (for business communication);
- Experience working with large data sets;
- Experience working with systems;
- Experience working under tight deadlines and juggling multiple priorities;
- Experience with 3e Accounting software or similar programs (preferred);
- Experience working in a Law Firm (preferred);
- Knowledge of general Accounting principles; and
- Strong verbal and written communication skills.
Job Type: Full-time
Salary: Highly competitive above market experience
Date Active: 6.18.2019
Exempt/Not Exempt: Not Exempt