Columbia, South Carolina
Guangzhou, China
Los Angeles, California
knoxville, Tennessee
Glassboro, New Jersey
Brooklyn, NY, 11225, USA
Posted: 19-Sep-24
Location: Cleveland, Ohio
Type: Full Time
Required Education:
Benesch is proud to announce the opening for a Sr. Data Analyst in our Cleveland office! This position is hybrid and has work from home flexibility.
Position Summary:
Our Cleveland office has an amazing opportunity for a Sr. Data Analyst who is looking to utilize their experience and work with a fast paced, energetic financial team. This role is perfect for the analyst who excels in financial and data modeling as well as ad hoc reporting. The Sr. Data Analyst works hand-in-hand with attorneys and practice groups to develop, automate and implement financial reports, budgets and forecasts in one of the nation's fastest growing law firms.
The Senior Data Analyst is the point person for data analysis, building of pricing models and the development of reporting mechanisms to track and evaluate pricing and project management. Additionally, the role will seek to partner with peers in FP&A, marketing, client experience and client intake to consider how the firm tracks, reports and analyzes data across the firm's ecosystem and ensure data consistency and usefulness.
Essential Functions:
1. Develops and coordinates pricing strategies, including analyzing client requirements and creating alternative or innovative pricing models to meet both client and firm needs/goals.
2. Builds models, templates and tools necessary for the analysis of all types of fee proposals.
3. Develops project/matter planning and budgeting techniques, processes and tools to help scope, price and staff matters.
4. Develops tools for the tracking, measurement and reporting of financial performance for hourly and AFA fee structures and for clients/matters with matter, portfolio or project management requirements.
5. Provides decision support analysis and advises firm leadership on alternative or innovative pricing arrangements and billing structures and rates.
6. In collaboration with other firm departments, assists with the implementation of profitability, utilization, staffing and legal project management software, as appropriate.
7. Works with attorneys to define/refine scope and build budgets at the task and/or phase code level, if necessary, and assist with the management of related matters. Evaluate proposed engagement budgets against prior engagements.
8. Undertakes the preparation of studies, reports, and analyses on pricing arrangements at the firm, departmental, practice and client level, including analysis of prior work, estimates and leverage.
9. Produces and runs pricing scenario modeling for future fee proposals by combining specific criteria with prior work models.
10. Identifies financial trends and alternative or innovative pricing best practices and recommend improvements, including the identification and evaluation of market pricing tools and external sources of information. Carry out training and implementation of those tools throughout the firm.
11. Supports the Business Development/Marketing Department to provide information and informed responses for the financial portions of client proposals and RFPs, as well as client outreach and engagement efforts.
12. Oversees matter closing documentation, including gathering relevant matter data intelligence for use in knowledge management and future pricing, project budgets and analysis. Ensure data integrity of clients/matters, including alternative billing arrangements.
13. Creates, runs and analyzes financial performance and variance reports and provide profitability and financial analysis on all aspects of firm production. Prepare and analyze the firm's historical data and advise, propose, create and subsequently assist in the evaluation of alternative or innovative pricing arrangements.
14. Assists in the identification, at a firm, departmental, office and/or practice group level, high potential areas of growth, trends, concerns, improved profitability or efficiency gains to target for evaluation.
15. Establishes guidelines for planning and executing data projects and products for internal and external clients, including applying quality control and assurance processes throughout the data analytics practice and managing client-oriented analytics projects and solutions deployments.
16. Adopts new data analytics tools and/or software, design and oversee an automated reporting process for all alternative or innovative pricing arrangements as well as matters/clients above a certain fee level in collaboration with the firm's Legal Project Management program.
Additional Responsibilities:
1. Performs other duties as assigned.
Confidentiality:
Due to the nature of your employment, various documents and information, which are of confidential nature, will come into your possession. Such documents and information must be kept confidential at all times.
Benesch is an equal opportunity employer. We strongly value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability (where applicant is qualified to perform the essential functions of the job with or without reasonable accommodations), medical condition, protected veteran status, gender identity, genetic information, or any other characteristic protected by federal, state, or local law.
Applicants who are interested in applying for a position and require special assistance or an accommodation during the process due to a disability should contact the Benesch Human Resources Department by phone at 216-363-4578 or email at [email protected].
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
Qualifications:
The Senior Data Analyst must have a Bachelor's Degree and three to five years of financial and data analytics experience, with law firm experience a plus. A high proficiency in Microsoft Office Suite; advanced proficiency in SQL, BI reporting tools (Power BI or Tableau) and at least one program language (Python or R) is needed, and understanding of Aderant a plus. Experience with SharePoint, database management, and data presentation software/tools is highly preferred. A knowledge of corporate finance and accounting principles and terminology, with general knowledge of the legal services business is helpful. The Senior Data Analyst should possess strong business acumen and analytical skills and the ability to learn and apply new skills quickly and effectively. Must be well organized with strong attention to detail and good business judgment, capable of handling sensitive information with appropriate discretion.