Senior Financial Analyst

2 weeks ago

Chicago, Illinois, United States Kirkland & Ellis Full time
About Kirkland & Ellis

Kirkland & Ellis is a leading law firm that values collaboration, talent empowerment, service, inclusion, respect, and gratitude. Our team is united in our ambition to achieve excellence and drive forward. We invest in the brightest talent and encourage a diversity of perspectives and strengths to create dynamic teams that operate at the pinnacle of their field.

Key Responsibilities

The Senior Financial Analyst will work collaboratively within a team to monitor and execute key processes and analyses over critical aspects of the Firm's revenue cycle. This includes evaluating pricing accommodations and complex fee arrangements, as well as setting and managing bill rates. Analysts work directly with partners and senior managers of the Firm, supporting the Firm on a global basis and requiring non-standard working hours on an as-needed basis.

Essential Functions
  • Design custom analyses, vet results, and evaluate the impacts on the Firm's pricing and cost structures.
  • Meet established/on-going departmental reporting requirements, such as monitoring and analyzing complex fee arrangements, preparing reports for committees, the CFO, and other members of senior management.
  • Execute and lead revenue cycle controls to monitor material client engagements for financial risks.
  • Analyze client billing arrangements and proactively coordinate with partners and the billing staff to ensure approved fee arrangements are accurately in place for all matters.
  • Analyze client billing and payment transactions and work with revenue management staff to assess client payment patterns and profitability.
  • Develop tools and reports to evaluate client and matter level profitability metrics.
  • Continuously evaluate our processes and procedures for improvement and deploy best practices.
  • Review industry survey submissions and analyze industry data from the completed survey reports, including development of presentation materials to firm management.
  • Assign, monitor and update firm-wide billing rates.
Qualifications & Requirements
  • At least 4 years of experience in accounting and/or finance, showing progressive growth in responsibilities. A Bachelor's degree in accounting or finance (or comparable experience) is required. Previous experience in a professional services firm is preferred, but not required.
  • Strong accounting, analytical, research, and conceptual thinking skills are required. The ability to work with intricate data, while maintaining an awareness of the overall objective and how all the relevant data points fit together is critical.
  • Excellent interpersonal and organizational skills are required and the individual must be proactive and results-oriented. Attention to detail and the eagerness to learn and to progress within a dynamic and growing environment are imperative. Individuals are expected to exhibit strong customer service skills and a commitment to excellence.
  • Candidates should possess strong written and oral communication skills in order to clearly and concisely summarize observations, conclusions, and recommendations. The successful candidate will be capable of working with all levels of Firm personnel, both as part of a team and independently.
Technologies/Software
  • MS Office with emphasis on advanced Excel skills and PowerPoint presentation experience; knowledge of SQL a plus.
  • General accounting software and database software, with an existing understanding of relational database concepts.

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