Financial Reporting Manager - Chicago, United States - Katten

Katten

Verified Company

Chicago, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Katten is a full-service law firm with approximately 700 attorneys in locations across the United States and in London and Shanghai.

Clients seeking sophisticated, high-value legal services turn to Katten for counsel locally, nationally and internationally.

The firm's core areas of practice include corporate, financial markets and funds, insolvency and restructuring, intellectual property, litigation, real estate, structured finance and securitization, transactional tax planning, private credit and private wealth.

Katten represents public and private companies in numerous industries, as well as a number of government and nonprofit organizations and individuals.

Financial Reporting Manager

The Financial Reporting Manager is responsible for the preparation of reporting of actual and budget financial activity of the firm by performing essential duties personally or through delegation/supervision of subordinates.

The Financial Reporting Manager maintains professionalism and strict confidentiality in all client and firm matters.

Katten offers a hybrid work model, allowing the flexibility to work both on-site and remotely on a regular basis (KattenFlex).

This position may be located in either our Chicago or New York office.

Essential Duties and Responsibilities include, but may not be limited to, the following. Other duties may be requested and/or assigned. Essential functions are primary job duties that an individual must be able to perform successfully with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Lead the preparation, review and distribution of the firm's monthly modified cash basis financial reporting (e.g., Flash and Financial Overview). Reporting includes income statement, balance sheet, statement of cash flows, and other key performance metrics (Billable hours, headcount, attorney productivity, etc.). Reporting contains relevant variance analysis to budget, forecast and prior year activity.
Manage the preparation, review and distribution of legal department, practice group and office reporting, while similar to firm, the firm's monthly reporting has a greater focus on key performance metrics. Reporting contains relevant variance analysis to budget, forecast and prior year activity.
Lead the preparation, review and distribution of financial reporting to various chief officers. Reporting is tailored to the specific focus on the chief officer with different key performance metrics than legal and practice group leaders. Reporting contains relevant variance analysis to budget, forecast and prior year activity.
Manage the preparation and review of the modified cash basis annual operating and capital expenditure budget, including income statement, balance sheet, statement of cash flows and other key performance metrics to support the revenue, expense and capital expenditures. Budgeting includes preparation for the chief officers, legal department heads and practice group leaders. This process includes multiple versions until approved by the CFO, COO, CEO and Chairman with final budget approval by the Executive Committee and Board.
Oversee the preparation of the firm's quarterly forecasts identifying YTD and projected variances to annual budget for revenue, expenses and related key performance metrics. This process includes multiple versions until approved by the Director of Financial Reporting & Budgeting, CFO, COO, CEO and Chairman with final budget approval by the Executive Committee and Board.
Lead the preparation and review of various analyses with recommendations for solutions as questions and issues from firm management and other stakeholders as they relate to financial reporting and budgeting.
Participate in the preparation of various surveys utilized in the legal industry.
Assist with the preparation of the periodic financial presentations, working closely with the Director of Financial Reporting & Budgeting, CFO, COO, and other firm leaders.
Collaborate in the reconciliation of various systemgenerated financial reports, ensuring consistency and accuracy of information. Where appropriate, assist in providing recommendations for enhancements to reporting and procedures to ensure accuracy of financial information.
Participate in the preparation of complex modeling in support of lateral partner hiring.
Take part in the design of new reports as requested by firm management.
Join in the setting of the firm's annual billing rate process.
Participate in the implementation of budget software to support annual budget and forecast process.
Assist with the implementation of reporting/database software to support monthly and periodic reporting.
Participate with systems upgrades, leading selected work streams for testing and verification of financial information used in financial reporting.
Prepare specialized reporting in support of annual partner p