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Job Title
Financial Analyst
Job Location
Kansas City
Job Type
Business Services
Country/Territory
United States
Region
The Americas
Description
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.
CLYDE & CO PRIVACY NOTICE: https://www.clydeco.com/help/privacy