Financial Analyst

3 weeks ago

Farmingdale, United States Simpson Thacher Full time

Description/Job Summary

The Financial Analyst is responsible for assisting management with all aspects of monthly, quarterly and annual financial reporting. Position will include matter modeling, analysis, forecasting and various other aspects of financial analytics. They will liaise with practice and office heads, practice management and administration directors to complete all finance related requests. They will also assist in various profitability tracking and budgeting analytics and reporting. Responsibilities/Duties

Assist in creation of monthly and ad-hoc profitability analyses across offices, practices, clients, matters, etc.

Complete various reconciliation processes around cost and bill rate maintenance

Prepare, review and analyze reports related to expense management including budget versus actual benchmarking

Assist with analysis of client, matter , office and practice metrics, communicating trends and implications to firm decision makers (CFO, practice/office heads, etc.)

Create pricing models to assist with competitive bid proposals and budgeting for internal matter management

Liaise with practice management professionals to build reports to more effectively manage the business and analyze financial results to identify areas of improvement and opportunity

Gather financial data for RFPs for existing and perspective business development opportunities

Develop new approaches to integrate information that will improve access to information for firm decision makers

Identify unusual patterns that require further action and make recommendations for action to management

Perform other duties as assigned

Required Skills

Ability to effectively present information verbally and in writing

Superior analytical skills

Basic math skills: addition, subtraction, multiplication, division

Advanced knowledge of MS Excel; proficiency in MS Word and PowerPoint

Ability to take initiative and complete work independently with minimal supervision

Strong organizational skills and attention to detail

Ability to work collaboratively in a team environment

Preferred Skills

Experience with 3E or other legal billing system

Required Experience

3 to 5 years of financial analysis and/or legal billing experience in legal or related field required

Required Qualifications

Bachelor's degree required

Preferred Qualifications

Degree in Accounting or Finance preferred

Details

Salary Information

NY only: The estimated base salary range for this position is $80k to $95k at the time of posting.

The actual 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. This role is non-exempt meaning that it is overtime pay eligible.

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