The mission of the Cost Optimization team is to bring a business mindset to technology spend, ensuring costs are optimized and controlled, investment aligns with strategic goals, and value is realized. This position provides insight into and assists in the management of the firm's technology spend, and will create/refine processes and procedures to optimize interaction between IT and finance. The successful candidate for this position will be detail oriented and have a strong desire to assist the technology organization with getting the best return on investment.

Clyde & Co shifted to virtual work for the majority of our lawyers and business services team with the global outbreak of Covid-19. This precaution was taken to help protect our people, clients and communities. It is likely that this role will start virtually while the firm continues to evaluate the situation.

Key Responsibilities

• Facilitate creation and management of global Legal Delivery and Legal Technology budget
• Produce regular reports on spend, including actuals, forecasts, variance to budget, expenses, revenues, allocations, and service cost breakdowns.
• Collaborate across Corporate Finance to establish standard cost allocation methodologies & reporting structure for global service expenditures.
• Budget analysis to provide insight on areas needing increased controls & optimization.
• Complete return on investment (ROI) and cost optimization analysis for service area and contracts in concert with firm leaders.
• Work with Global Procurement to ensure proper process exists to control and document global spend and that payments align with contractual commitments.
• Creation of proposed policy changes and standardization that will lead to optimization of vendor relations and corresponding economies.
• Handle various assignments from the head of Legal Delivery or senior technology leadership.
• Produce ad hoc reports, revenue models, scenarios, and WIP breakdowns.
• Analyze direct vs indirect costs and develop global allocation methodologies in concert with firm and practice leaders.
• Work with local and global finance and fee earning teams to create a system to effectively assign direct costs and track WIP, write-offs, and fees billed.

Duties other than the above may also be assigned.

Required Education

Degree in Finance, Accounting, Business, or related field preferred.

Required Experience

• 3-5 years of financial/budgetary analysis role
• 2-5 years of technology financial planning and support
• 2-5 years of legal industry financial experience preferred
• Legal billing/revenue and work-in-process familiarity strongly preferred
• Technology financial planning and support experience preferred but not required
• International business experience and foreign currency familiarity preferred but not required

-Principals Only-

We offer a rewarding work environment that supports professional growth and opportunities. We value diversity in our work place and it is the policy of the Firm to recruit, hire, promote, reassign, compensate and train highly qualified persons without regard to race, color, sex, sexual orientation, gender identity or expression, religion, national origin, age, disability or any other basis protected by applicable law.

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