Senior Financial Analyst – Chicago, IL USA

In SRA News

Top US Law Firm—Downtown Chicago
 
Position Summary
Seeking a Senior Financial Analyst to develop pricing proposals in response to client demands, while remaining consistent with the Firm’s strategy and profitability goals. This position will be a key contributor in activities relating to billing rate, alternative fee arrangement administration, and profitability analysis on client fixed fee matters. The Analyst will interact with attorneys, clients, and billing team.
 
Minimum Education & Experience

  • Bachelor’s Degree in Accounting or Finance and 6+ years’ experience in accounting and or finance required, CPA and/or MBA preferred.
  • Experience in professional services pricing, negotiations, and related areas is required.
  • Previous experience in a professional services firm, preferably in a law firm is essential.
  • Strong accounting, analytical, research, and conceptual thinking skills are required.
  • Advanced Excel skills and PowerPoint presentation experience; knowledge of SQL a plus.
  • General accounting/database software, with an existing understanding of relational database concepts.
  • Excellent interpersonal and organizational skills while being proactive and results-oriented.
  • Attention to detail and eagerness to learn/progress within a dynamic environment are imperative.
  • Strong customer service skills and a commitment to excellence.
  • Strong written and verbal communication skills to clearly and concisely summarize observations, conclusions, and recommendations.
  • Ability to work with all levels of Firm personnel, both as part of a team and independently.

 
Duties & Responsibilities

  • Support the creation, evaluation, and execution of economic models to project the financial impact of proposed pricing models with the objective of driving improvement in pricing outcomes and profitability.
  • Provide financial analysis and pricing alternatives in response to client requests.
  • Assess the profitability and market competitiveness of various pricing options and provide recommendations to Partners, CFO, and Director, Planning and Analysis.
  • Develop monthly reporting on alternative fee arrangements and fixed fee analysis.
  • Conduct detailed post matter financial analysis, utilizing historical data and insights to assist in the pricing of future matters and improving financial performance.
  • Develop innovative analytical approaches and recommend enhancements in relation to pricing, matter estimates and profitability, post matter analysis, and competitor intelligence.
  • Assist with the proactive identification of issues with existing pricing arrangements and propose methods to rectify those issues.
  • Actively participate in/contribute to system and process re-engineering efforts; recognize/assess the downstream impacts of process changes.

Salary: $95,000.00 – $110,000.00

Learn more about this position.

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