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Financial Analyst

1 month ago

Miami, United States H&CO USA Full time

We are partnering with a prestigious law firm to find a talented Financial Analyst to join their growing team. This role provides an exceptional opportunity to gain valuable experience in the world of legal finance.


Responsibilities:

  • Develop and suggest cost-saving tactics tailored to the legal field, such as refining partner compensation structures and streamlining billing procedures.
  • Create and deliver comprehensive reports that highlight key performance indicators (KPIs), including practice group profitability, client matter realization rates, and overall firm efficiency.
  • Assess and consolidate financial data (budgets, partner compensation structures, profitability reports for practice groups, etc.) to evaluate the financial well-being of the firm and its alignment with strategic objectives.
  • Design financial models customized to the landscape of the Am Law 200, taking into account variables like lateral hiring, client focus, and potential litigation costs.
  • Perform benchmarking analyses to gauge the firm's performance against industry peers and pinpoint areas for enhancement.
  • Track actual results against forecasts for critical metrics like partner distributions and total revenue to detect variances and potential risks.
  • Scrutinize law firm-specific ledger accounts, such as work in progress (WIP) and unbilled receivables, to ensure precise financial reporting.
  • Stay abreast of developments in the legal sector and adopt best practices in financial management for law firms.


Qualifications:

  • Bachelor's degree in Finance, Accounting, or a related field (required).
  • Familiarity with the legal industry or professional service firms (a plus).
  • Strong Excel skills and financial modeling.
  • Strong analytical and problem-solving skills.


Benefits:

  • Health
  • Dental
  • Vision
  • Short and Long-term disability
  • Supplemental life
  • 401(k)
  • PTO

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