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    Finance Analyst - London, United Kingdom - Simpsonthacher

    Simpsonthacher
    Simpsonthacher London, United Kingdom

    1 week ago

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    Description
    Simpson Thacher & Bartlett LLP is one of the world's leading international law firms.

    Headquartered in New York with offices in Beijing, Brussels, Hong Kong, Houston, London, Los Angeles, Palo Alto, São Paulo, Tokyo and Washington, D.the Firm provides coordinated legal advice and transactional capability to clients around the globe.

    The Senior Financial Analyst is responsible for assisting Finance management with the preparation of profitability analysis, headcount (FTE) reporting, client/matter modeling in relation to client budget requests and matter staffing and management, Alternative Fee Arrangements (AFA) and other ad hoc requests.

    They will need to develop a working knowledge of the 3E billing system, our financial dashboards and our analytics tools (cube, Power BI).

    This individual will be required to collaborate across all levels of Firm personnel, including Partners, and various administrative departments, including different groups within Accounting.

    Assist with detailed profitability analyses of the Europe and Asia groups, including monthly, quarterly and year-over-year comparisons, identifying trends and making recommendations for action
    Create monthly and ad-hoc client/matter profitability analyses, including break-even analyses
    Ensure proper compilation of timekeeper cost rates and reconciliation across all Finance systems
    Use financial analytics tools to create models to assist in building out pricing database to improve matter budgeting
    Assist with various Firmwide initiatives, including revenue projections, the partner promotion review process and the annual business planning process
    Assist in review of headcount (FTE) reporting to office managers to ensure proper coding

    Work closely with other groups within Accounting (Billing, Rates & Compliance) on analysis of pricing arrangements in RFP process, fee agreement approval review, etc.

    Assist with development and implementation of process improvements
    Adheres to Firm policy and procedures, escalating issues when appropriate
    Assist with special projects and other duties as assigned
    Minimum of five years of financial analysis experience in legal or related field
    Demonstrate flexibility and initiative with respect to handling multiple projects and shifting priorities
    Ability to effectively present information verbally and in writing
    Proficiency in MS Excel and Word, with the ability to learn new software and operating systems
    Experience with 3E or other legal billing system preferred

    Bachelor's degree required

    Degree in Finance or Accounting preferred
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