- Evaluate intricate financial data, including partner compensation models, practice group profitability, and client billing metrics.
- Assess the overall financial health of the firm by analyzing these factors.
- Develop and maintain advanced financial models.
- Forecast revenue, expenses, and cash flow, considering specific Am Law 200 landscape factors (e.g., lateral hiring, client concentration, litigation contingencies).
- Collaborate with senior management to create and execute the annual budget.
- Perform variance analysis and monitor performance.
- Conduct in-depth research on industry trends, competitor performance among Am Law 200 firms, and potential mergers or acquisitions.
- Prepare comprehensive financial reports customized for the Am Law environment.
- Examples include partner profitability reports and practice group performance reports.
- Identify and implement cost-saving initiatives to enhance financial efficiency while maintaining competitiveness.
- Collaborate closely with practice groups and departments, providing strategic financial guidance to support their business development efforts.
- Ensure strict compliance with accounting principles and best practices specific to Am Law firms.
- Bachelor's degree in Accounting, Finance, or a related field (CPA or MBA is advantageous).
- At least 3 years of experience as a Senior Financial Analyst or in a similar role within a professional services firm, preferably an Am Law 200 firm.
- Proficiency in financial modeling software (including Excel).
- Effective communication skills to present complex financial information clearly and concisely.
- High attention to detail and accuracy.
- Familiarity with accounting principles and financial reporting.
- Experience working in a fast-paced environment.
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Senior Financial Analyst - Miami, United States - Career Staffing Talent
Description
Career Staffing Talent (CST) is working with a Miami/Fort Lauderdale Am Law 200 firm to recruit a Senior Financial Analyst (MUST COME FROM PROFESSIONAL SERVICES - LAW OR ACCOUNTING) for its downtown Miami office. The position will support the firm across its multiple offices and work closely with the Finance department.
The position is full-time in-office, M-F. Compensation is market (DOE). The benefits are excellent
Below is the job description. Please feel free to apply, and we will be happy to discuss the role further to determine if this position makes sense for you.
THIS POSITION IS AN IMMEDIATE HIRE. THE INTERVIEW PROCESS WILL BE STREAMLINED.
ALL INQUIRIES WILL BE KEPT CONFIDENTIAL.
_______
Analyze Complex Financial Data:
Sophisticated Financial Modeling
Budget Development and Implementation:
Industry Research and Insights:
Tailored Financial Reporting:
Cost Optimization and Strategic Guidance:
Adherence to Accounting Principles:
Education and Experience Requirements: