Financial Analyst

Company: Phelps Dunbar Llp
Location: New Orleans
Posted on: September 2, 2024

Job Description:

Phelps Dunbar is an AmLaw 200 full-service law firm. The Financial Analyst is responsible for the preparation of the monthly revenue management reports and budget variance analyses across several key performance indicators. This position also assists in the preparation and maintenance of the annual firm revenue budget and forecast, profitability analyses of clients and timekeepers and other routine and special reports for distribution as needed. The Financial Analyst regularly interacts directly with senior management and partners and is expected to uphold all firm policies and procedures and represent the department with a professional and positive manner.Essential Duties and Responsibilities:Proactive analysis of production, profitability and overall financial performance on a monthly and quarterly basisGenerate and distribute standard and custom reports for Firm management and partners to track WIP, AR, billings, and other statistics including, client, matter and timekeeper profitability, cross-selling, historical trending, top clients, etcProvide support for the annual revenue budget and forecasting process for the practice groups, including timekeeper rate setting, headcount analysis, billing realization reviewAssist with pricing models that are mutually beneficial for the Firm and clientsReview rate exceptions and discounts for all clients and matters and work with Billing Partners to update as neededGenerate routine and complex raw data via SQL for distribution as needed by other internal departments for trending, prospective client RFPs, etcResponsible for timekeeper management, including new timekeeper requests, rate review, and access to time entryAssist with implementation of firm wide initiatives and upgradesOther duties as assigned by DirectorEducation and Experience Required:Bachelors degree in finance or accountingMinimum of 1 year experience in a financial analysis role in a professional environment; law firm preferredQualifications and Skills Required:Excellent interpersonal and team working skills, including the ability to work with all levels within an organizationAble to critically think through issues, and articulate thoughts and concepts adeptlyAbility to see an issue through from start to finish, while organizing work flow and using time efficientlyAbility to anticipate work needs and follow through with minimum direction, follow up on own initiativeExceptional attention to detail, determination, self-motivation and resolveAdvanced knowledge of MS Excel, Access and PowerPointExperience with Elite 3E, SQL and Power BI preferredPerformance Measures:Performance is measured by the employees knowledge, dependability, technical skills, aptitude to produce standard and custom reports timely and accurately that are actionable.Proactive in quickly resolving issues and improving processes.Ability to take ownership of projects and complete with minimum direction.by Jobble

Keywords: Phelps Dunbar Llp, New Orleans , Financial Analyst, Accounting, Auditing , New Orleans, Louisiana