Financial Analyst
100% Remote
Exempt
The Finance & Accounting Department of a prestigious law firm has an opening for a Financial Analyst. As a member of the firm’s Pricing Team, the Financial Analyst will function as one of the primary legal pricing professionals, while reporting to the Manager of Pricing and Practice Analysis. The Financial Analyst will work directly with attorneys to develop pricing strategies, create innovative fee structures, and implement analytics and reporting to measure success. The Financial Analyst may work a hybrid work schedule in our Chicago, Denver, Houston, New York, or Washington, DC office or may work 100% virtual/remote in a firm-approved U.S. state.Responsibilities include but are not limited to:
- Pricing – Partnering with attorneys to develop pricing strategies and fee structures that drive sector growth. Guiding attorneys on pricing best practices, assessing and tracking alternative fee arrangement risks, and communicating client value.
- Profitability – Responding to attorney requests for internal metrics by developing financial models to assess the profitability of new business proposals. Assisting in the development of creative, workable pricing solutions using alternative fee arrangements.
- Practice Analysis – Preparing and providing analysis of practice and office specific and firm wide monthly financial reports (i.e., working attorney productivity reports, key performance indicator reports, client and attorney reports, etc.) and working directly with attorneys and management to enhance business management through financial analyses and assisting with business plans.
- Best Practices – Leading individual and group attorney training sessions as needed. Actively promoting the firm’s business intelligence software, tools, and matter management techniques.
- Business Development – Assisting with budgeting and pricing related aspects of RFPs and client fee arrangement negotiations. Collaborating with Marketing to construct client budgets, rate structures, and alternative fee arrangements that maximize client value and firm profitability.
- Preparing ad hoc financial analyses, presentations, and reports for attorneys, firm departments, and firm management.
Qualifications
- Four-year degree.
- A minimum of two years of experience in legal, or related financial planning and analysis role.
- Prior experience with business intelligence or report writing software preferred.
- Proficiency in Windows operating systems and Microsoft Office Suite and/or related software.
- Ability to work effectively as a cross-functional leader across multiple projects.
- Team-oriented; able to share information, goals, opportunities, successes and failures.
- Ability to collaborate effectively, and professionally, with all levels of the firm, including clients, attorneys, and colleagues.
- Ability to influence all levels of the organization. Effectively present complex financial information in a distilled and easily understood format that will enhance decision-making.
- Ability to lead, as well as serve as a team member of, cross-departmental initiatives.
- Ability to be collegial and consensus-building, with a high degree of emotional intelligence.
- Ability to demonstrate strategic focus.
- Possess exceptional judgement and professionalism.
- Ability to define goals and follow through to achieve results.
- Ability to maintain a high level of confidentiality.
- Strong problem solving skills.
- Ability to prioritize and manage time effectively.
- Excellent organization and communications skills, both oral and written.
- Ability to work in a fast-paced environment while exhibiting a strong attention to detail.
- Ability to handle a variety of tasks simultaneously.
- Exceptional client service both internal and external.
- Flexibility to work additional hours as necessary.
The anticipated base salary for this position is $77,000.00- $95,000.00, plus bonus. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held, and if applicable, the location in which the applicant lives and/or from which they will be performing the job.
#LI-Remote
Job Type: Full-time, Remote
Salary: $77,000.00-$95,000.00, plus bonus
Date Active: 7.24.2024
Exempt/Not Exempt: Exempt