Financial Analyst

Katten•New York, NY

15d•$65,000 - $75,000•Hybrid

About The Position

The Financial Analyst prepares the reporting of actual and budget financial activity of the firm while working under the general direction of the Financial Reporting & Budgeting Manager and according to established firm policies and procedures. The Financial Analyst 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).

Requirements

Bachelor’s degree in Accounting, Finance, or equivalent.
Recent graduate with internship experience or one year of related financial analysis experience is required.
Computer proficient with knowledge and understanding of Microsoft Excel, Power Point, Outlook and Word.
Strong interpersonal, verbal, and written communication skills. Ability to communicate with courtesy and diplomacy, efficiently follow written and verbal instructions, provide information, and maintain effective relationships with a diverse group of attorneys, clients, staff and outside contacts.
Analytical skills requiring an aptitude for detail, precision, and logic with knowledge of complex accounting principles in order to conduct detailed analysis of general ledger accounts, income statement activity and budget variations.
Exhibit willingness to take initiative and applies critical-thinking skills in exercising independent judgment to manage multiple priorities in a fast-paced, deadline-driven, detail-oriented work environment.
Ability to identify and analyze accounting/financial issues and problems and occasionally suggest solutions. Proactive troubleshooting and follow-through skills.
Demonstrates organizational skills including record keeping, data collection, and system information. Ability to compile and analyze data and furnish concise, detailed information in report format, written correspondence, e‑mail, or verbally.
Ability to perform mathematical calculations and apply mathematical concepts when computing, reconciling balances, verifying numerical data, preparing various accounting reports, providing back-up assistance and support in performing all aspects of accounting operations and participating in preparation of the budget.
Ability to occasionally retrieve and distribute files, written documentation, or office supplies weighing up to 10 pounds.
Required to work towards deadlines; must be able to work more than 35 hours per week in New York.

Nice To Haves

Law firm experience desired, but not required.

Responsibilities

Preparation and distribution of legal department, practice group and office reporting. Reporting contains relevant variance analysis to budget, forecast and prior year activity.
Participate in the preparation of the modified cash basis annual operating budget, including income statement and other key performance metrics to support revenue and expenses. Budgeting includes preparation for business professional chiefs, legal department heads and practice group leaders. This process includes multiple versions until approved by the Director of Financial Reporting & Budgeting, the CFO, COO, CEO and Chairman with final budget approval by the Executive Committee and Board.
Preparation and distribution of financial reporting to various business professional chiefs. Reporting is tailored to the specific focus on the business professional chief with different key performance metrics than legal and practice group leaders. Reporting contains relevant variance analysis to budget, forecast and prior year activity.
Participate in 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.
Assist with 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.
Partake in testing of various system-generated financial reports, identifying issues where information is inconsistent and troubleshoot for root cause to ensure accuracy of financial information.
Participate in testing the development of new reports as requested by firm management.
Assist with the implementation of budget software to support annual budget and forecast process.
Perform calculations in support of essential duties and responsibilities.
Complete special projects as requested and furnish related information and reports as needed.