Senior Financial Analyst

Simpson Thacher and Bartlett LLP

$120K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Finance or Accounting preferred.
  • Minimum of five years of financial analysis experience in legal or related field.
  • Strong analytical, problem-solving, and critical-thinking abilities.
  • Ability to work independently and as part of a global team.
  • Excellent verbal and written communication skills, with stakeholder influence.
  • Proficiency with financial systems, data cubes, and dashboards.
  • Strong organizational skills and attention to detail.

Responsibilities

  • Assess quarterly profitability and conduct break-even analysis.
  • Collaborate with Practices to achieve financial goals through data-driven recommendations.
  • Provide insights on clients' financial performance for business development initiatives.
  • Build relationships with Partners and business leaders for strategic support.
  • Assist with firmwide initiatives, including revenue projections and business planning.
  • Build and maintain complex financial models.
  • Analyze metrics across offices, practices, clients, and matters.

Benefits

  • Hybrid work environment to promote flexibility.
  • Engagement in special projects to enhance profitability and reporting processes.
  • Opportunity to support various departments for a comprehensive understanding of Finance.
Full Job Description
Job Summary & Objectives

The Senior Financial Analyst plays a key role in supporting financial management by preparing monthly, quarterly, and annual analyses. Their primary responsibilities involve being strong business partners to the practices and assisting Finance management with the preparation of profitability analysis, client analysis, headcount reporting, and other ad hoc requests.

In this position, it is essential to gain a solid understanding of the 3E billing system, our financial dashboards, and our analytic tools such as cube and Power BI. 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 accounting.

Essential Job Duties & Responsibilities
  • 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.
  • 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.
  • Contribute to the firm's business development by delivering insights into our clients' financial performance, analyzing trends, and formulating their strategy.
  • Lead coverage of key clients, provide analysis to inform decisions and drive delivery of strategic client objectives.
  • Build relationships with Partners and business leaders to ensure appropriate support of strategic initiatives.
  • Assist with various Firmwide initiatives, including revenue projections, various promotion review processes and the annual business planning process.
  • Create monthly and ad-hoc profitability analyses.
  • Support the analysis of current Client/Matter metrics as well as Office/Section metrics.
  • 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
  • Ability to work well independently as well as effectively within a Global team
  • Ability to effectively present information verbally and in writing
  • Excellent attention to detail
  • Strong organizational skills
  • Proficiency in MS Excel and PowerPoint, with the ability to learn new software and operating systems


Preferred
  • Experience with 3E or other legal billing system preferred


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.

#LI-Hybrid

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