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Finance Manager

1 month ago


Chicago, United States MP RPO Full time

ABOUT OUR CLIENT:

MP's client is one of the nation's leading litigation boutiques. Formed during the financial crisis in 2009 by two highly regarded partners at leading global law firms, the firm has since grown steadily to over 65 people with offices in New York, Washington, D.C., and Chicago. The firm occupies an elite space in the legal profession, representing important clients around the world in some of the most challenging disputes and investigations throughout America. The firm's culture is paramount and is the foundation for its success.

WHO YOU ARE:

Our client is looking for a Finance Manager to oversee the firm's accounting, client billing, accounts payable, accounts receivable and financial reporting for the law firm. This person must be experienced partnering with senior leadership on financial reporting. You can work a hybrid schedule out of the firms Chicago, New York or Washington D.C. Office. Must be experienced at preparing monthly reports and communicating variances in a timely manner.

WHAT YOU WILL DO:

  • Prepare monthly financial reports and communicate significant variances
  • Execute changes to procedures, policies, and systems to reduce risk and help the firm scale.
  • Synthesize, interpret, and challenge data to develop meaningful insights that inform recommendations.
  • Maintain and manage all accounts payable/receivable (AP/AR) transactions, controls, and accounting procedures.
  • Review the semi-monthly and monthly payroll files to ensure accuracy and completeness.
  • Own the annual budget processes and partner with other functional leaders to develop budgets.
  • Own monthly/quarterly closing processes.
  • Prepare timely journal entries; perform requisite reconciliations including reconciliation of partner equity accounts.
  • Manage retainer, billing, vendor, and user data both in the billing, accounting, and expense systems.
  • Assist with ad-hoc financial analysis, modeling and special projects.
  • Become a subject matter expert in Power BI, ProLaw and other firm financial platforms.
  • Cross-train with Chief Operating Officer on payroll duties and treasury management to perform in COO's absence.

WHAT YOU NEED:

  • B.A. or B.S. degree in Finance, Accounting, Business Administration or related field
  • At least 4 years of accounting/finance experience,
  • Prior management/supervisory experience
  • At least 1 year of law firm experience
  • Must be comfortable coding transactions and handling routine questions about budgets and compensation.
  • Experience with financial management, compensation and budgeting within a mid-size organization.
  • Knowledge of or familiarity with ProLaw, Aderant Expert Sierra
  • Power BI experience desired but not required.
  • Strong understanding of generally accepted accounting principles (GAAP) and IOLTA compliance requirements.
  • Advanced skill level in Excel with ability to rapidly adopt new tools and systems

ADDITIONAL INFORMATION:

  • Full-time, hybrid position - can be based out of Chicago, New York or Washington D.C.
  • Compensation range: $100k-$160k
  • Benefits: Employees are eligible for benefits date of hire
  • Benefits include: medical, dental, vision, pre-tax commuter benefits, Health Spending Account, Health Care FSA and Dependent Care FSA, Bright Horizon's back-up childcare and elder care, firm covered life insurance, parental leave, STD, LTD and other supplemental benefits. After one month of service, employees are eligible to participate in our 401(k) plan through Vanguard. New hires are auto enrolled at 3% pre-tax employee contribution and are eligible for a 3% Safe Harbor firm contribution towards their 401(k) based on total comp (base salary and bonus) in March of the following year even if they decide not to contribute to the plan The firm observes 10 holidays and grants employees 5 sick days, 3 floating holidays and up to 3 weeks of paid vacation (prorated based on start date during the first year).