Job Summary:
The Financial Analyst is responsible for compiling, analyzing, and reporting on the firm's revenue, production, and financial performance metrics to support operational and strategic decision-making. Reporting to the Financial Analysis Manager, this role is responsible for routine reporting and ad-hoc reporting, bonus cycle calculations, assistance in the revenue budget compilation, year end statistical reporting and preparation of annual law firm surveys. This analyst works closely with Accounts Receivable, Billing, and practice group leadership to ensure complete and accurate data is provided for meaningful insight into firm performance. This position requires a strong understanding of the firm's data sources and metric definitions, exceptional analytical and problem-solving skills, attention to detail, effective communication, and the ability to collaborate across departments while meeting critical reporting deadlines. This team member must be capable of working in a fast-paced environment, managing time-sensitive materials while maintaining strict confidentiality due to the nature of the position.
***Salary in the range of $65,000 - $90,000 dependent on location and experience level***
Essential Job Duties:
-
Coordinate and perform monthly financial system close activities, including preparation and completion of financial system reconciliations, to ensure accurate and timely financial reporting.
-
Compile, analyze, and communicate routine financial results through reports and presentations tailored to diverse audiences across the firm.
-
Prepare and validate compensation and bonus cycle calculations in accordance with firm policies and approved methodologies.
-
Monitor and analyze departmental, practice group, office, and firmwide financial performance, identifying trends, variances, risks, and opportunities.
-
Prepare and analyze ad hoc financial reports, models, and data analyses for attorneys, administrative departments, operational teams, and firm leadership to support business and strategic decision-making.
-
Prepare forecasts, trend analyses, and financial models to support firm planning, resource allocation, and strategic decision-making.
-
Compile and analyze the revenue budget using timekeeper data within the firm's budgeting software and input from leadership across the firm, ensuring alignment with the compensation budget.
-
Identify, recommend, implement and document process and reporting improvements by leveraging a comprehensive understanding of underlying business needs and financial information.
-
Assist in the creation, implementation, and maintenance of financial databases and dashboards.
-
Monitor, validate, and reconcile dashboard data against the firm's financial management system (3E) to ensure data integrity and reporting accuracy.
-
Prepare annual law firm surveys as directed by firm leadership.
-
Coordinate and complete special projects and strategic initiatives as assigned by Finance and Firm leadership.
Minimum Requirements:
-
Bachelor's degree in Finance, Accounting or other related field
-
3+ years of financial analysis, accounting, or related financial experience
-
Advanced proficiency in Microsoft Excel, including formulas, pivot tables, lookups, and financial modeling.
-
Ability to manage multiple priorities, meet deadlines, and work effectively in a fast-paced environment.
-
Strong analytical, problem-solving, and organizational skills with exceptional attention to detail.
-
Strong written and verbal communication skills, including the ability to present financial information to both financial and non-financial stakeholders.
-
Ability to work independently while collaborating effectively with attorneys, administrative leadership, and cross-functional teams.
-
Ability to maintain confidentiality and exercise sound judgment when handling sensitive financial information.
-
Must be able to perform all essential duties
Preferred Requirements:
-
Experience in a law firm, professional services firm, or other partnership-based organization
-
Experience with 3E, AFS or Iridium
-
Experience with business intelligence and data visualization tools such as Power BI
-
Experience utilizing SQL, data query tools, or reporting platforms to extract and analyze large datasets
-
Experience developing financial dashboards, databases, and reporting solutions
-
Knowledge of law firm financial metrics, including utilization, realization, productivity, leverage, and profitability
Other Requirements:
The requirements described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Equipment Operated:
This position requires extensive use of a computer and telephone. This position also requires the use of printing, copying, faxing and scanning equipment.
Physical Requirements:
While performing the duties of this job, the employee is occasionally required to sit; stand; talk; see; and hear.
Mental Requirements:
Ability to communicate effectively, verbally and in writing, with a diverse group of people.
Work Environment:
While performing the duties of this job, the employee may be exposed to weather conditions while traveling. The noise level in the work environment is usually moderate.
The above statements are intended to describe the general nature and level of work being performed in this position. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Benefits provided include: Paid time off, Health insurance, Vision and Dental Insurance, 401k (with an employer match), life insurance, and many others. Please reach out for a comprehensive list of benefits provided.
Ice Miller is committed to recruiting, developing and retaining talented attorneys and professional staff from all backgrounds. To succeed, we take great pride in a culture where everyone at Ice Miller feels respected, is treated fairly and has the opportunity to perform to their highest potential.
Candidates must have permanent authorization to work in the United States.
Ice Miller LLP is an Equal Opportunity Employer.
