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Financial Analyst

Chicago, IL 60601

Posted: 01/27/2023 Employment Type: Direct Hire/Perm Job Category: Accounting & Finance Job Number: 541848 Is job remote?: No Country: United States

Job Description

Employment: Perm
Location: Chicago, IL
Work Type: Hybrid
Pay Range: $80,000-85,000/yr Base + Bonus

Looking for a Financial Analyst to join the Chicago office. Under the direction of the Senior Manager of Financial Planning / Analysis and Strategic Projects, the Financial Analyst will assist in the planning, development, implementation and monitoring of the Firm’s financial metrics, analytics and KPIs. This includes participating in the enhancement and development of existing and future financial planning models, system implementation and improvements, and monitoring actual financial performance against plan objectives and preparation of various management reports and performance summaries. The Financial Analyst will also play a supporting role in the Firm’s strategic pricing and billing rate structure, including the support of RFP responses. This position requires demonstrated skill in quantitative financial analysis with working knowledge of general accounting principles and practices. Qualified candidates must possess a high level of motivation, initiative, leadership potential, inquisitive business mindset and ability to lead projects.

As the Financial Analyst, your duties will include but not be limited to:
  • Prepare monthly management reporting that is presented to the Senior Leadership team.
  • Assist in the creation of Practice Group reporting that will be presented to the Practice Area leaders and Practice Group leaders.
  • Prepare ad-hoc reporting as needed
  • Prepare in-depth profitability analyses and assist in development of pricing and break-even models for new and existing business.
  • Maintain billing rate structure and support strategic pricing arrangements, including modeling alternative fee arrangements, and analyzing/monitoring pricing arrangements.
  • Evaluate and analyze trends, key business drivers and financial results and advise management of variances, risks, and opportunities to support decision-making.
  • Support and work directly with the management team in analyses and monitoring of financial forecasts and key financial statistics / KPIs.
  • Respond to special requests for financial data and analyses and for information on current and proposed projects and programs.  Interpret results and format to facilitate decision making.
  • Examine past and current financial and economic developments that have an effect on the organization's spending habits, priorities and financial resources.
  • Compile financial information for periodic legal industry surveys.
  • Support key initiatives, projects, and ad-hoc requests within Finance (working with CFO, Controller and others Firm leaders) and across the Firm.
Skills & Competencies:
  • Experience in, or knowledge of, accounting and accounting principles sufficient to prepare complex and detailed financial analyses and to address a variety of firm/ department issues.
  • Experience leading projects, with the ability to complete projects on-time in a collaborative team environment.
  • Strong problem solving and demonstrated analytical skills that allow for interpretation of financial data into decision narratives.
  • Strong organizational skills to prioritize workload and maintain focus on competing assignments with a “can-do” attitude.
  • Excellent interpersonal skills and ability to work effectively in a team environment.
  • Ability to respond flexibly and positively in all circumstances, and to work calmly under pressure.
  • Ability to exercise good judgment and discretion, especially with regards to sensitive or confidential organizational matters.
  • Excellent computer skills and experience using Microsoft Excel, PowerPoint, Access and Word. Must possess ability to use these tools to present data clearly and concisely.
  • Knowledge and/or experience in using database query tools or business intelligence solutions.
Qualifications:
  • Bachelor's degree in Finance or Accounting required. MBA or CPA preferred
  • Minimum 3-6 years of Accounting and / Financial Analysis experience required
  • Law Firm and/or Professional Services experience preferred
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