- Analyze complex financial data, including partner compensation models, practice group profitability, and client billing metrics, to assess the firm's overall financial health.
- Develop and maintain sophisticated financial models to forecast revenue, expenses, and cash flow, considering factors specific to the Am Law 200 landscape (e.g., lateral hiring, client concentration, litigation contingencies).
- Partner with senior management to develop and implement the annual budget, including variance analysis and performance monitoring.
- Conduct in-depth research on industry trends, Am Law 200 competitor performance, and potential mergers or acquisitions.
- Prepare comprehensive financial reports (e.g., partner profitability reports, practice group performance reports) tailored for the Am Law environment.
- Identify and implement cost-saving initiatives to optimize the firm's financial efficiency while maintaining a competitive edge within the Am Law market.
- Collaborate closely with practice groups and departments to provide strategic financial guidance and support their business development efforts.
- Ensure strict adherence to accounting principles and best practices specific to Am Law firms.
- Bachelor's degree in Accounting, Finance, or a related field (CPA or MBA a plus).
- 3+ years of experience as a Senior Financial Analyst or similar role in a professional services firm, preferably Am Law 200.
- Excellent financial modeling skills (proficiency in Excel and financial modeling software).
- High level of accuracy and attention to detail.
- Strong understanding of accounting principles and financial reporting.
- Experience working within a fast-paced environment.
- In-depth understanding of accounting principles as they apply to Am Law 200 firms, including partner compensation structures, law firm accounting practices, and the unique revenue recognition rules for legal services.
- Working knowledge of the Am Law 200 landscape, including industry trends, competitor performance metrics (e.g., revenue per lawyer (RPL), PPP, lawyer productivity), and key financial ratios relevant to law firms (e.g., leverage ratio, utilization rate, work in progress (WIP) to partner capital ratio).
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Senior Financial Analyst - Miami, United States - Zerega Consulting Services, LLC
Description
Job Description
Job DescriptionOur client, an AmLaw 200 firm, is seeking a Senior Financial Analyst to join their office in Miami, Florida. The firm has eight offices across the state of Florida.
Responsibilities
Qualifications:
About Zerega Consulting:
Zerega Consulting is a woman-owned and managed legal recruiting and consulting company. Founded in 2003, their boutique search firm caters to attorneys at all levels from managing partners to associates throughout the United States.
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