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Financial Analyst

Banner Witcoff
Washington, DC Full Time
POSTED ON 4/16/2024 CLOSED ON 5/14/2024

What are the responsibilities and job description for the Financial Analyst position at Banner Witcoff?

Financial Analyst
Description:
Banner Witcoff is a leader in intellectual property law for more than 100 years. We are the trusted IP partner of choice for organizations around the world. We provide sound legal guidance and inventive IP solutions to power business for start-ups, Fortune 500 companies, and everything in between.
Banner Witcoff’s Accounting Department is responsible for managing the daily accounting tasks and billing process for the firm. We pride ourselves on our relentless attention to detail and place an immense value on providing exceptional service, both internally and externally. We work as individuals, as team members, and as part of a growing and innovative law firm. We are seeking a full-time Financial Analyst to join the firm and become an integral part of our Accounting Department. The Financial Analyst will create and distribute financial reports and analysis to Firm managers and the Board of Directors.

Duties and Responsibilities:
  • Prepare, review and distribute the firm’s monthly financial reporting package. Reporting includes key performance metrics and relevant variance analysis to budget, forecast and prior year activity.
  • Prepare, review and distribute the monthly financial reporting to various managers. Reporting is tailored to the specific focus of the manager.
  • Assist with preparation of year-end reports for bonus consideration.
  • Participate in the continued development of the revenue and profitability databases for reporting purposes and the corresponding attorney dashboards. Develop new reports with the data and train end users. Train attorneys and management on use of the dashboards.
  • Participate in the review of various financial reports, identifying issues where information is inconsistent and troubleshoot for root cause to ensure accuracy of financial information.
  • Prepare ad hoc analyses with recommendations for solutions.
  • Assist with the preparation of the periodic financial presentations.
  • Develop new alerts utilizing Alert Manager software to assist with notification of events.
  • Assist with preparation of various surveys utilized in the legal industry.
  • Participate in system upgrades by testing and verifying financial information.
  • Assist with other administrative tasks and special projects as needed.
The above list of duties and responsibilities is in no way a comprehensive list. From time to time, the employee may be required to perform other duties in support of the operation of the office, as requested by his/her manager.
Requirements:
  • Bachelor’s degree in Accounting or Finance and five or more years of related experience working within a law firm is required.
  • Computer proficient with knowledge and understanding of Accounting systems (Aderant or Elite), Excel, Outlook and Word. Experience and understanding of Big Hand/Iridium or other similar reporting software.
  • Ability to identify and analyze complex accounting/financial issues and to recommend and implement solutions. Exhibit initiative and critical-thinking skills in exercising independent judgment and making decisions.
  • Superior interpersonal, verbal, and written communication skills. Ability to communicate detailed information in report format, written correspondence, e mail, or verbally. Maintain effective relationships with a diverse group of attorneys, clients, staff and outside contacts. Must maintain confidentiality of data.
  • Strong organizational skills in order to manage multiple priorities in a fast-paced, deadline-driven, detail-oriented work environment.
Banner Witcoff offers a competitive compensation and benefits package, a 35-hour workweek, business-casual attire, and a friendly office environment. We have a hybrid environment of in office and remote work. Interested candidates should apply online by sending a resume and cover letter with salary requirements.
Banner Witcoff is an Equal Opportunity Employer and provides employees with a work environment free of discrimination and harassment. The Firm will not discriminate against any applicant for employment because of race, color, religion, national origin, sexual orientation, sex, pregnancy, age, mental or physical disability, genetic information, legal citizenship or any other status protected by law.
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