Foley & Lardner
Senior Financial Analyst
Foley & Lardner, Chicago, IL
Overview
Foley & 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 Senior Financial Analyst is a member of the Strategic Financial Arrangement team within the firm's Accounting & Finance department. This role will identify, analyze and address billing and collection realization opportunities by working with partners, billing functions and the pricing team. This will include understanding client pricing arrangements, ensuring rate set-ups, and monitoring practice management. The role requires they possess written and oral communication skills as they will be working with attorneys of all levels and firm leadership. The role requires the ideal candidate to manage multiple projects at a time efficiently.
Responsibilities
Qualifications
Foley & 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 Senior Financial Analyst is a member of the Strategic Financial Arrangement team within the firm's Accounting & Finance department. This role will identify, analyze and address billing and collection realization opportunities by working with partners, billing functions and the pricing team. This will include understanding client pricing arrangements, ensuring rate set-ups, and monitoring practice management. The role requires they possess written and oral communication skills as they will be working with attorneys of all levels and firm leadership. The role requires the ideal candidate to manage multiple projects at a time efficiently.
Responsibilities
- Monitor performance of pricing arrangements against established goals and key performance indicators, including utilization, leverage, realization, and profitability.
- Work with partners to improve matter management practices and processes
- Work with the billing team on building analytics into systems and processes for write-downs and write-offs information
- Review timecard records to confirm accuracy of agreed rates to billed rates in system(s)
- Review of write downs for matter management purposes and fixed fee arrangements tracked in our matter management tool
- Review write-offs and analyze the reasons for write-offs
- Perform ad-hoc analysis to meet firm needs
- Stay informed of current pricing trends within the legal market and apply learned concepts to help improve the firm's pricing capabilities
Qualifications
- Bachelor's Degree in Accounting, Finance or related field required; Master's Degree or certification preferred
- Minimum of four (4) years of experience in accounting, finance required, pricing experience preferred
- Law firm or professional services firm experience preferred
- Legal Project Management experience preferred
- Outstanding written and oral communication skills required
- Ability to be a self-starter required #LI-Hybrid