Foley & Lardner LLP
Financial Analyst, Pricing
Foley & Lardner LLP, Chicago, Illinois, United States, 60290
Financial Analyst, Pricing
Location: US-TX-Houston | US-WI-Milwaukee | US-IL-Chicago
ID:
2024-3154
Category:
Accounting/Finance
Type:
Regular Full-Time
FLSA Status:
Exempt
Scheduled Hours:
40+
Workplace:
Hybrid
OverviewFoley & Lardner LLP is a great place to work because of what we do and how we do it. Here, your unique perspectives, experiences, and abilities will be embraced and developed, so you can excel. Being a part of Foley means having the opportunities and resources necessary to gain experience, advance professional goals, and forge meaningful connections. It's a place where you can build your career and enjoy professionally satisfying work. We have over 2,300 people who are #HappyatFoley, and we think you will be too.
The Financial Analyst is a member of the Practice & Pricing Analytics team within the firm's Accounting & Finance department. The Financial Analyst must possess superior written and verbal communication skills as this role will be working with attorneys at all levels as well firm leadership. As such, the role requires this person must also have excellent judgment, decision making and problem-solving skills, as well as be a creative and innovative thinker.
Responsibilities
Review the intake of new matters and clients to ensure financial requirements are documented, applied, and communicated accurately and escalate matters where necessary.
Support attorneys and accounting personnel through recording and maintaining client budgets in legal project management system.
Monitor, respond and escalate pricing team inquiries.
Assist in the annual rate setting process by supporting analysts on the Practice & Pricing Analytics team.
Generate reports used for analysis by the team both monthly and quarterly.
Calculate cost factors on a routine basis, analyze variances and reconcile.
Responsible for filing and maintaining monthly reports from various departments.
Responsible for managing content on company intranet.
Support team members in ad-hoc pricing requests.
Assist attorneys with client-facing fee monitoring requests.
Perform other related duties as assigned.
Qualifications
Bachelor's Degree in Finance, Accounting or related field required.
Master's Degree, CPA, or equivalent designation preferred.
Minimum one (1) years' experience as a financial analyst, financial accountant, or related work required.
Strong working knowledge of Microsoft Excel required.
Knowledge of professional services, financial metrics, or billing practices preferred.
Strong analytical skills and high level of attention to detail required.
Understanding of legal terminology preferred.
Foley & Lardner LLP is a top ranked law firm with offices throughout the United States and abroad. At Foley we strive to remain true to our core values- our clients, integrity, our people, citizenship, diversity, trust & respect, stewardship & accountability and professional satisfaction. As a result, we offer the highest quality legal counsel to our clients, as well as outstanding professional opportunities for our employees.
Foley employees enjoy a comfortable, yet professional work environment, exceptional benefit package, state-of-the-art technology, work/life balance, great working relationships and much more.
We invite you to consider a career with Foley.
#J-18808-Ljbffr
Location: US-TX-Houston | US-WI-Milwaukee | US-IL-Chicago
ID:
2024-3154
Category:
Accounting/Finance
Type:
Regular Full-Time
FLSA Status:
Exempt
Scheduled Hours:
40+
Workplace:
Hybrid
OverviewFoley & Lardner LLP is a great place to work because of what we do and how we do it. Here, your unique perspectives, experiences, and abilities will be embraced and developed, so you can excel. Being a part of Foley means having the opportunities and resources necessary to gain experience, advance professional goals, and forge meaningful connections. It's a place where you can build your career and enjoy professionally satisfying work. We have over 2,300 people who are #HappyatFoley, and we think you will be too.
The Financial Analyst is a member of the Practice & Pricing Analytics team within the firm's Accounting & Finance department. The Financial Analyst must possess superior written and verbal communication skills as this role will be working with attorneys at all levels as well firm leadership. As such, the role requires this person must also have excellent judgment, decision making and problem-solving skills, as well as be a creative and innovative thinker.
Responsibilities
Review the intake of new matters and clients to ensure financial requirements are documented, applied, and communicated accurately and escalate matters where necessary.
Support attorneys and accounting personnel through recording and maintaining client budgets in legal project management system.
Monitor, respond and escalate pricing team inquiries.
Assist in the annual rate setting process by supporting analysts on the Practice & Pricing Analytics team.
Generate reports used for analysis by the team both monthly and quarterly.
Calculate cost factors on a routine basis, analyze variances and reconcile.
Responsible for filing and maintaining monthly reports from various departments.
Responsible for managing content on company intranet.
Support team members in ad-hoc pricing requests.
Assist attorneys with client-facing fee monitoring requests.
Perform other related duties as assigned.
Qualifications
Bachelor's Degree in Finance, Accounting or related field required.
Master's Degree, CPA, or equivalent designation preferred.
Minimum one (1) years' experience as a financial analyst, financial accountant, or related work required.
Strong working knowledge of Microsoft Excel required.
Knowledge of professional services, financial metrics, or billing practices preferred.
Strong analytical skills and high level of attention to detail required.
Understanding of legal terminology preferred.
Foley & Lardner LLP is a top ranked law firm with offices throughout the United States and abroad. At Foley we strive to remain true to our core values- our clients, integrity, our people, citizenship, diversity, trust & respect, stewardship & accountability and professional satisfaction. As a result, we offer the highest quality legal counsel to our clients, as well as outstanding professional opportunities for our employees.
Foley employees enjoy a comfortable, yet professional work environment, exceptional benefit package, state-of-the-art technology, work/life balance, great working relationships and much more.
We invite you to consider a career with Foley.
#J-18808-Ljbffr