Michael Page
Financial Reporting Manager
Michael Page, Chicago, Illinois, United States, 60290
Career Growth and Leadership OpportunitiesDirect impact on the firm's financial performanceAbout Our Client
I am working with a prestigious law firm seeking a Financial Reporting Manager to join their team. This is an exciting opportunity for a skilled financial professional with experience in the legal sector, looking to take on a leadership role in managing financial reporting and budgeting processes. The firm values integrity, professionalism, and confidentiality, and it offers an environment where attention to detail and the ability to work under tight deadlines are highly valued.
Job Description
As the Financial Reporting Manager, you will lead the preparation and distribution of key financial reports for various departments within the firm. Your responsibilities will include, but are not limited to, the following:
Monthly Financial Reporting : Oversee the preparation and review of monthly modified cash basis financial reports, including income statements, balance sheets, statements of cash flows, and other key performance metrics (e.g., billable hours, attorney productivity, etc.). Provide variance analysis against budget, forecast, and prior-year data.Department-Specific Reporting : Manage reporting for legal departments, practice groups, and office leaders, focusing on the financial and key performance metrics relevant to each group.Budget and Forecasting : Lead the preparation of annual operating and capital expenditure budgets, incorporating income statements, balance sheets, cash flow statements, and key performance metrics. Manage the quarterly forecasting process, analyzing year-to-date and projected variances.Data Analysis and Recommendations : Prepare various analyses, offering recommendations to firm leadership based on financial reporting and budgeting data. Contribute to strategic financial decisions, such as partner hiring models and compensation cycles.System Improvements : Collaborate in reconciling financial reports, recommend process enhancements, and assist in the implementation of budgeting and reporting software. Lead work streams during system upgrades to ensure financial data accuracy.Team Leadership : Supervise and mentor the Reporting & Budgeting team, ensuring the timely and accurate delivery of financial reports. You will be responsible for training, performance reviews, and managing day-to-day operations within the team.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
The Successful Applicant
Experience : A Bachelor's degree in Accounting, Finance, or a related field is required (advanced degree preferred). You should have at least 5 years of experience in financial reporting and budgeting, ideally within a law firm or professional services environment. A minimum of 3 years of supervisory experience is also required.Technical Skills : Strong proficiency in accounting software (experience with CMS/Aderant or Elite required), Excel, PowerPoint, and MS Word. Familiarity with budgeting and reporting software, such as Iridium, is highly desirable.Leadership & Communication : Excellent interpersonal, verbal, and written communication skills are essential. The successful candidate will have the ability to lead a team effectively, communicate complex financial data in a clear manner, and work collaboratively with stakeholders across the firm.Analytical Abilities : Strong analytical skills, with a keen eye for detail and a comprehensive understanding of accounting principles. You must be able to perform in-depth analysis of financial data, balance sheet activity, and budget variations to provide actionable insights.Problem-Solving & Initiative : Proactive in identifying and addressing complex financial issues. You should demonstrate critical thinking and the ability to make independent decisions while managing competing priorities in a deadline-driven environment.Organizational Skills : Strong organizational skills and the ability to manage multiple projects simultaneously. You will need to keep accurate records, compile data, and provide concise financial reports to firm leadership.What's on Offer
This is an outstanding opportunity for a Financial Reporting Manager looking to make a significant impact within a top-tier law firm. In return for your expertise, you will receive:
Competitive Salary : A generous compensation package based on experience and qualifications.Professional Development : Opportunities for training, career advancement, and ongoing professional growth.Collaborative Environment : A supportive team-oriented culture where your contributions will directly influence the firm's financial performance and strategic direction.Comprehensive Benefits : A full range of benefits, including health insurance, retirement plans, and more.Hybrid - 3 days in-office
Contact
Gary Michals
Quote job ref
JN-112024-6586696
I am working with a prestigious law firm seeking a Financial Reporting Manager to join their team. This is an exciting opportunity for a skilled financial professional with experience in the legal sector, looking to take on a leadership role in managing financial reporting and budgeting processes. The firm values integrity, professionalism, and confidentiality, and it offers an environment where attention to detail and the ability to work under tight deadlines are highly valued.
Job Description
As the Financial Reporting Manager, you will lead the preparation and distribution of key financial reports for various departments within the firm. Your responsibilities will include, but are not limited to, the following:
Monthly Financial Reporting : Oversee the preparation and review of monthly modified cash basis financial reports, including income statements, balance sheets, statements of cash flows, and other key performance metrics (e.g., billable hours, attorney productivity, etc.). Provide variance analysis against budget, forecast, and prior-year data.Department-Specific Reporting : Manage reporting for legal departments, practice groups, and office leaders, focusing on the financial and key performance metrics relevant to each group.Budget and Forecasting : Lead the preparation of annual operating and capital expenditure budgets, incorporating income statements, balance sheets, cash flow statements, and key performance metrics. Manage the quarterly forecasting process, analyzing year-to-date and projected variances.Data Analysis and Recommendations : Prepare various analyses, offering recommendations to firm leadership based on financial reporting and budgeting data. Contribute to strategic financial decisions, such as partner hiring models and compensation cycles.System Improvements : Collaborate in reconciling financial reports, recommend process enhancements, and assist in the implementation of budgeting and reporting software. Lead work streams during system upgrades to ensure financial data accuracy.Team Leadership : Supervise and mentor the Reporting & Budgeting team, ensuring the timely and accurate delivery of financial reports. You will be responsible for training, performance reviews, and managing day-to-day operations within the team.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
The Successful Applicant
Experience : A Bachelor's degree in Accounting, Finance, or a related field is required (advanced degree preferred). You should have at least 5 years of experience in financial reporting and budgeting, ideally within a law firm or professional services environment. A minimum of 3 years of supervisory experience is also required.Technical Skills : Strong proficiency in accounting software (experience with CMS/Aderant or Elite required), Excel, PowerPoint, and MS Word. Familiarity with budgeting and reporting software, such as Iridium, is highly desirable.Leadership & Communication : Excellent interpersonal, verbal, and written communication skills are essential. The successful candidate will have the ability to lead a team effectively, communicate complex financial data in a clear manner, and work collaboratively with stakeholders across the firm.Analytical Abilities : Strong analytical skills, with a keen eye for detail and a comprehensive understanding of accounting principles. You must be able to perform in-depth analysis of financial data, balance sheet activity, and budget variations to provide actionable insights.Problem-Solving & Initiative : Proactive in identifying and addressing complex financial issues. You should demonstrate critical thinking and the ability to make independent decisions while managing competing priorities in a deadline-driven environment.Organizational Skills : Strong organizational skills and the ability to manage multiple projects simultaneously. You will need to keep accurate records, compile data, and provide concise financial reports to firm leadership.What's on Offer
This is an outstanding opportunity for a Financial Reporting Manager looking to make a significant impact within a top-tier law firm. In return for your expertise, you will receive:
Competitive Salary : A generous compensation package based on experience and qualifications.Professional Development : Opportunities for training, career advancement, and ongoing professional growth.Collaborative Environment : A supportive team-oriented culture where your contributions will directly influence the firm's financial performance and strategic direction.Comprehensive Benefits : A full range of benefits, including health insurance, retirement plans, and more.Hybrid - 3 days in-office
Contact
Gary Michals
Quote job ref
JN-112024-6586696