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Financial Analyst (Accommodations)

Job ID: 7679

Updated: Mar 14, 2024

Location: Chicago, IL, United States

Category: Finance/Accounting

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About Kirkland & Ellis

At Kirkland & Ellis, we are united in our ambition and drive to move forward. We share core values that help us achieve excellence: collaboration, talent empowerment, service, inclusion, respect and gratitude. Our people are our greatest asset, and we invest in the brightest talent and encourage a diversity of perspectives and strengths to create dynamic teams that operate at the pinnacle of their field. Our talented professionals show up every day knowing they will engage in meaningful work, continuous learning and professional development.
 
As one of the world’s leading law firms, we serve a broad range of clients with market-leading practices in private equity, M&A and other complex corporate transactions; investment fund formation and alternative asset management; restructurings; high-stakes commercial and intellectual property litigation; and government, regulatory and internal investigations. We handle the most complicated and sophisticated legal matters because we don’t just meet industry standards, we create them. We bring innovation and entrepreneurialism to every engagement and, as a result, have long-standing client relationships with leading global corporations and financial sponsors. With 6,500 employees (including 3,500 lawyers) operating from 20 offices across the United States, Europe, the Middle East and Asia, we are one of the largest law firms in the world and a top financial performer.

Essential Job Functions

Financial Analysts work as a team and are responsible for the analysis and recordkeeping of the Firm’s Special Fee Arrangement matters, client accommodations, practice profitability analysis, and billing rate management. They also assist with client business analysis, as well as pro bono and diversity reporting.  Analysts work directly with senior managers and partners of the Firm.  This position supports the Firm on a global basis and thus requires non-standard working hours on an as-needed basis to support business operations.

ESSENTIAL FUNCTIONS (This list is not exhaustive and may be supplemented and changed as necessary.)

  • Monitor client accommodations, which includes working with billing partners on rate proposals and communicating rate arrangements to billing staff
  • Analyze client billing arrangements and proactively work with billing partners and the billing staff to ensure that the correct rates are in place for all matters
  • Participate in special analysis projects impacting all aspects of the Firm’s business, both internal and client related, e.g., profitability and resource allocation analysis, risk management issues, etc.
  • Prepare data downloads and analyze client billing and payment transactions
  • Work with revenue management staff to assess client payment patterns and profitability
  • Develop schedules and reports to evaluate client realization levels
  • Prepare survey submissions and analyze industry data from the completed survey reports
  • Assign and audit firm-wide billing rates
  • Assist in preparation of financial schedules for the annual partner meetings
  • Analyze and coordinate the Firm’s diversity reporting to clients
  • Manage reporting of the Firm’s pro bono initiatives working directly with partners who are the pro bono coordinators in each office
  • Other related duties as required

Qualifications & Requirements

  • 2-4 years of experience in accounting and/or finance, showing progressive growth in responsibilities.  A Bachelor’s degree in accounting or finance (or comparable experience) is required.  Previous experience in a professional services firm, preferably in a law firm, is desired.
  • Strong accounting, analytical, research, and conceptual thinking skills are required. The ability to work with intricate data, while maintaining an awareness of the overall objective and how all the relevant data points fit together is critical.
  • The candidate must have the ability to prioritize multiple assignments while meeting firm deadlines and be capable of working with all levels of Firm personnel, both as part of a team and independently.   
  • Excellent interpersonal and organizational skills are required and the individual must be proactive and results oriented. Attention to detail and the eagerness to learn and to progress within a dynamic and growing environment are imperative. Individuals are expected to exhibit strong customer service skills and a commitment to excellence.
  • Candidates should possess strong written and oral communication skills in order to clearly and concisely summarize observations, conclusions, and recommendations. 

Technologies/Software

  • MS Office with emphasis on Advanced Excel skills and PowerPoint presentation experience
  • General accounting software and database software, with an existing understanding of relational database concepts

How to Apply

Thank you for your interest in Kirkland & Ellis LLP.  To complete an application and submit your resume, please click "Apply Now."

Equal Employment Opportunity

All employment decisions, including the recruiting, hiring, placement, training availability, promotion, compensation, evaluation, disciplinary actions, and termination of employment (if necessary) are made without regard to the employee’s race, color, creed, religion, sex, pregnancy or childbirth, personal appearance, family responsibilities, sexual orientation or preference, gender identity, political affiliation, source of income, place of residence, national or ethnic origin, ancestry, age, marital status, military veteran status, unfavorable discharge from military service, physical or mental disability, or on any other basis prohibited by applicable law.

Closing Statement

The www.kirkland.com job postings and recruiting mailbox are for candidates only. If you are a recruiter, search firm or employment agency, and do not have a signed contract with Kirkland & Ellis LLP ("K&E") and have not been asked specifically to submit candidates, you will not be compensated in any way for your referral of a candidate even if K&E hires the candidate. Direct contact with K&E employees in an attempt to present candidates is inappropriate and will be a factor in determining any future professional relationship with the Firm. #LI-Hybrid #LI-KP1