Financial Analyst

Financial Analyst - Law Firm - Chicago - Hybrid -$70-85k

*Prior/current law firm/legal industry experience is required!

Our well known law firm client in Chicago is seeking a Financial Analyst to join their team!

This individual will play a crucial role in managing and interpreting the financial data that drives the firm's strategic decisions.

Key Responsibilities:

• Financial Reporting and Analysis:
  • Prepare standard and ad-hoc financial reports, including monthly, quarterly, and annual reports.
  • Analyze financial data and trends to provide actionable insights to management, practice group leaders, and senior managing partners.
• Budgeting and Forecasting:
  • Assist with the annual budgeting process and the analysis of lateral hires.
  • Oversee and track legal department budgets and expenses, providing monthly budget reports.
  • Assist in responding to budgetary, forecast, and inter-company billing questions..
• Data Accuracy and Compliance:
  • Perform ongoing audits of financial system data to ensure data accuracy and compliance with financial reporting standard operating procedures.
  • Assist in ensuring compliance with internal financial controls and procedures, as well as regulatory requirements.
• Other Duties:
  • Support ad-hoc financial analyses and projects as required.
  • Development of Standard Operating Procedures (SOPs) for financial processes.
  • Review and track law firm timekeeper rate requests and provide recommendations.
  • Work closely with law firms to resolve invoice discrepancies and ensure compliance with billing guidelines.

Required Skills and Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Strong knowledge of financial principles and accounting practices.
• Proficiency in Microsoft Office Suite, particularly Excel (advanced functions, pivot tables, data modeling).
• Familiarity with financial reporting software.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Prior experience within a law firm is required.
• Experience with specific legal software is required. (e.g., Aderant, Elite, 3E)

To apply, please send your resume and references to

Liberty Personnel Services, Inc.
300 Conshohocken State Road, Suite 750