- Salary
- $120k – $145k
- Location
- New York, United States of America
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Finance
- Seniority
- Senior
- Visa
- Not sponsored
- Source
- Workday
Description
Job Summary & Objectives
The Senior Financial Analyst provides financial planning, analysis, and decision support to Firm management. This includes profitability assessments, projections, client analytics, headcount/FTE analysis, and client/matter modeling related to budget requests, along with other financial analytics tasks.
In this position, it is essential to gain a solid understanding of the technology the Firm utilizes (i.e. 3E billing system, financial dashboards, Ideate data cube and Power BI) to be able to extract, analyze, and present insights. This person will need to work collaboratively with all levels of Firm personnel, including Partners, Practice Directors, and various administrative departments, including different groups within Finance.
Essential Job Duties & Responsibilities
- Assess quarterly profitability and conduct break-even analysis by utilizing key metrics such as hours, leverage, and expenses. This includes providing comparisons on a monthly, quarterly, and year-over-year basis, identifying trends, delivering insights, and making recommendations to management.
- Collaborate with the Practice(s) to help them reach their financial and strategic goals by gaining a thorough understanding of the Practice and offering data-driven recommendations for action.
- Contribute to the Firm’s business development efforts by delivering insights into our clients' financial performance, identifying trends, and uncovering opportunities to help formulate our client teams’ growth strategy.
- Build relationships with Partners and business leaders to ensure appropriate support of strategic initiatives.
- Assist with various Firmwide initiatives, including revenue projections, attorney promotion review processes and the annual business planning process.
- Build and maintain complex financial models.
- Support the analysis of metrics for our offices, practices, clients and matters.
- Collaborate with other groups within Finance (Billing, Pricing, etc.) on analysis of pricing arrangements in RFP process, fee agreement approval review, etc.
- Engage in various special projects related to profitability, client analysis, reporting enhancements, and process simplification for the department.
- Adhere to Firm policy and procedures, escalating issues when appropriate.
Education
Required
- Bachelor’s degree required.
Preferred
- Degree in Finance or Accounting preferred
Skills and Experience
Required
- 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.
- Excellent analytical, problem-solving, and critical-thinking abilities.
- Ability to work well independently as well as effectively within a Global team.
- Ability to effectively present information verbally and in writing, with ability to influence stakeholders.
- Proven ability to work with financial systems, data cubes, and dashboards.
- Excellent attention to detail
- Strong organizational skills
- Proficiency in MS Excel and PowerPoint, with the ability to learn new software and operating systems
Salary Information
NY Only: The estimated base salary range for this position is $120,000 to $145,000 at the time of posting.
The actual salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held, and if applicable, the location in which the applicant lives and/or from which they will be performing the job. This role is exempt meaning it is not overtime pay eligible.
Simpson Thacher will not sponsor applicants for work visas for this position.
Simpson Thacher will not sponsor applicants for work visas for this position.
Privacy Notice
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Simpson Thacher & Bartlett is committed to a collegial work environment in which all individuals are treated with respect and dignity. The Firm prohibits discrimination or harassment based upon race, color, religion, gender, gender identity or expression, age, national origin, citizenship status, disability, marital or partnership status, sexual orientation, veteran’s status or any other legally protected status. This Policy pertains to every aspect of an individual’s relationship with the Firm, including but not limited to recruitment, hiring, compensation, benefits, training and development, promotion, transfer, discipline, termination, and all other privileges, terms and conditions of employment.
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