Financial Terms Management Analyst
Share
Job Location:
San Francisco, CA - USA
Monthly Salary:
$ 77000 - 94000
Posted on:
22 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
Summary
The Financial Terms Management Analyst plays a key role in ensuring Sidleys financial terms are accurately captured implemented and maintained throughout the client-matter lifecycle. The Financial Terms Management function centralizes ownership of financial terms to reduce downstream errors enhance compliance and promote operational consistency across the revenue cycle.
The team is comprised of three specialized sub-teamsNew Business Intake Implementation and Complianceto drive agility establish clear ownership and manage workloads effectively across the team. Together these sub-teams work collaboratively to ensure that financial terms are reviewed implemented and maintained with precision and consistency. The Financial Terms Management Analyst will be assigned to one of these sub-teams based on business needs and individual skills and experience.
The ideal candidate has strong attention to detail enjoys working with data and documents and is eager to learn about legal financial operations in a fast-paced professional services environment. This role requires analytical thinking sound judgment and the ability to collaborate effectively with multiple stakeholders including partners Conflicts and New Business Pricing Billing and other revenue teams.
Duties and Responsibilities
New Business Intake Sub-Team
Partners with the Conflicts and New Business team to review and validate financial terms for both new and existing clients during the intake process. Ensures all terms align with client agreements and firm policies.
- Review and validate financial terms during the new business intake process to ensure completeness and accuracy.
- Verify that terms submitted through the New Business Form align with supporting documents existing client agreements and internal revenue policies.
- Correct and update financial-term entries in the New Business Form as needed.
- Collaborate with the Conflicts and New Business team to identify clients and matters requiring further review approval or escalation.
- Ensure intake information and finalized client financial terms are clearly documented and communicated so the Implementation sub-team can accurately configure them in the firms financial systems.
Implementation Sub-Team
Responsible for accurately setting up maintaining and communicating financial terms in the firms financial systems.
- Analyze financial terms and configure them in 3E ensuring accuracy policy compliance and alignment with client agreements.
- Perform quality checks to verify that implemented terms are complete and consistent with intake data.
- Clearly document and communicate finalized financial terms to Billing and other revenue teams including providing guidance on executing complex arrangements.
- Implement timekeeper billing rates for new and existing timekeepers including ad-hoc and annual rate updates.
- Monitor and maintain client volume discount arrangements ensuring accurate calculation tracking and reporting.
Compliance Sub-Team
Interprets and applies client-originated guidelines to ensure firmwide adherence and consistency. Supports dispute resolution and develops compliance education and prevention tools.
- Review financial sections of client-originated guidelines or agreements coordinating with the Contracts and Compliance team to ensure proper integration into firm practices.
- Investigate invoice disputes identify root causes and coordinate corrective actions with Billing eBilling and Accounts Receivable teams.
- Oversee contractors responsible for reviewing time entry narratives for compliance with client and firm requirements.
- Develop training materials tools and guidance for timekeepers and partners to promote compliance awareness.
- Identify trends and collaborate with other Financial Terms Management teams to implement preventative solutions and improve processes.
Process Improvement and Special Projects
Supports continuous improvement efforts and strategic initiatives across all Financial Terms Management sub-teams.
- Support team leadership in identifying and evaluating process improvements and automation opportunities by providing observations feedback and relevant data from daily activities.
- Assist team leadership with the documentation of current workflows procedures and training materials to inform process reviews and updates.
- Provide input and logistical support to team leadership on special projects focused on technology enhancements process improvements and workflow optimization.
- Provide general support to assist the team with other business process activities and priorities as needed.
Salaries vary by location and are based on numerous factors including but not limited to the relevant market skills experience and education of the selected candidate. If an estimated salary range for this role is available it will be provided in our Target Salary Range section. Our compensation package also includes bonus eligibility and a comprehensive benefits program. Benefits information can be found at Salary Range To perform this job successfully an individual must be able to perform the Duties and Responsibilities (Duties) above satisfactorily and meet the requirements below. The requirements listed below are representative of the minimum knowledge skill and/or ability required. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. If you need such an accommodation please email (current employees should contact Human Resources). Education and/or Experience: Required: Preferred: Other Skills and Abilities: The following will also be required of the successful candidate: Sidley Austin LLP is an Equal Opportunity Employer #LI-Hybrid #LI-JW1Qualifications
Required Experience:
IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
Sidley is a global law firm, collaborating across disciplines and borders to help clients in more than 70 countries achieve business objectives.
