- Salary
- $138k – $194k
- Location
- Chicago, United States of America · New York
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Finance
- Seniority
- Manager
- Source
- Workday
Description
Build your big career with the firm that does Big Law, Better. McDermott Will & Schulte is a leading global law firm that brings together more than 1,700+ lawyers and 1,400 business professionals. We celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune, The American Lawyer, Vault and others. We are also certified by Great Place to Work.
At McDermott, we don’t just invest in your future, we accelerate your career – wherever it may lead. That includes supporting you both in and outside of the office.
With us, you’ll find:
A firm where everyone belongs: Our award-winning culture prioritizes warmth and authenticity — we encourage you to be yourself!
Enthusiasm for all perspectives: We’re smarter and stronger when everyone has a voice and a seat at the table. We welcome unique viewpoints and ideas, and we make opportunities for you and your career to thrive.
Support to feel your best and do your best: Wellness is integral to building a successful career and a rich life. That’s why our benefits program supports your physical, emotional, mental, and financial health, with an emphasis on work-life balance.
Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence.
Job Description:
Position Summary:
The Financial Analysis & Strategy Manager serves as financial advisor to the Firm’s practice group leaders and senior managing partners. This position reports on and delivers in-depth analysis of financial results and seeks opportunities to improve the financial strength of the firm. The Financial Analysis & Strategy Manager relies on extensive experience and judgment to plan and accomplish goals.
Essential Functions and Responsibilities:
Prepare monthly financial reporting packages focusing on key performance metric results and projected trends
Provide ad hoc financial reporting and analyses for the Director of Finance, CFO, COO and senior management
Manage and develop financial models involving the Firm’s annual budget and revenue forecasting
Monitor activities of the legal cohort(s) supported and provide financial support on as needed basis to practice group/office managing partners
Collaborate with other support staff cross-functionally throughout the firm to ensure firm management is aware of any financial issues requiring attention, such as staffing, productivity and expense management
Facilitate timely and accurate reporting and analysis of profitability metrics to firm management
Develop and track targeted goals related to profit improvement for both practice groups and clients
Assist in the maintenance of the Firm’s profitability software and other financial reporting tools
Assist in the analysis of strategic investment opportunities including lateral hires (individual or groups), new office openings, office closures, attorney departures, mergers or acquisitions
Participate in various surveys of law firm performance and help benchmark Firm performance versus its peers
Manage multiple projects and overall project workflow
Manage and mentor team’s analysts; set goals, review performance, and modeling/ capability
Job Specifications:
Bachelor’s degree
At least seven (7) years of related work experience
Knowledge of Microsoft Office Suite (Excel, Outlook, PowerPoint, and Word)
Strong written and verbal communication skills
Strong organizational skills
Strong motivational and leadership skills
Strong mathematical and analytical skills
Ability to work under tight deadlines and prioritize responsibilities
Ability to handle and maintain confidential information
Successful candidates will be provided with outstanding career opportunities and will receive a competitive total rewards package with the opportunity to earn performance-based bonuses.
Target Hiring Range $138,000 - $194,000
Please note that quoted salary ranges are not guarantees of what final salary offers may be. Base pay is based on market location and may vary depending on job-related knowledge, skills, experience, and geographic location. Base pay is only one part of the Total Rewards that MWS provides to compensate and recognize our staff professionals for their work. Full time positions are eligible for a discretionary bonus and a comprehensive benefits package.
Physical Demands and Work Environment:
The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical Demands:
While performing the duties of this job, the employee is required to sit, use hands, reach with hands and arms, stoop, talk and hear
Employee must occasionally lift up to twenty (20) pounds
Work Environment:
Typical indoor office environment
Disclaimer:
The above statements are intended to describe the general nature and level of the work being performed by people within this classification. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of employees assigned to this job.
