Rates Analyst
2 months ago
Make an impact at Goodwin, where we partner with our clients to practice law with integrity, ingenuity, agility and ambition. We are in the business of building authentic, long-term relationships with our clients, who are some of the world’s most successful and innovative investors, entrepreneurs and disruptors in the life sciences, private equity, real estate, technology and financial industries, and where they converge. Our immersive understanding of these industries – combined with our expertise across high-stakes litigation and dispute resolution, world-class regulatory compliance and advisory services, and complex transactions – sets us apart. Our Global Operations Team – all business professionals of the firm – was named the “Best Business Team” by The American Lawyer.
The Rates Analyst will be primarily responsible for ensuring that client and matter rate information is harmonized across all systems; in accordance to the engagement framework and outside counsel guidelines. This position will focus on pricing and rates outside the US. Also, the Rates Analyst will analyse data to support pricing proposals and matter budgets for attorneys, monitor alternative fee arrangements and provide reports to internal and external stakeholders and support the annual standard rate review process. The Rates Analyst may also be tasked with handling basic finance reporting and analysis requests, as needed.
What You Will Do:
- Build and update rate cards and ebilling templates for proposed client pricing arrangements and rate submissions.
- Gather and populate financial data, including analysis of existing client and matter level rate information.
- Review and update the billing system to ensure that client and matter fee arrangements are implemented in accordance with the engagement framework and outside counsel guidelines.
- Input financial and non-financial information into the firm’s systems and assess compliance with internal and external budgeting policies.
- Update and manage client budget tracking system. Audit the existing client budgets weekly for accurate reporting.
- Onboard new timekeepers in the financial systems.
- Responsible for analysis of client and matter level rate information; including responding to timekeeper rate inquiries.
- Develop Business Intelligence (BI) dashboards and reporting to ensure data governance and integrity.
- Responsible for working with team on testing and development of user acceptance testing (UAT) pertaining to new BI reporting tools and systems or updates.
- Maintain resources and content on the intranet, collaboration website and document management system.
- Collaborate with billing, pricing and finance teams with overall rate related requests.
Who You Are:
- 3+ years’ experience as a business or financial analyst, management accountant or similar role preferred.
- Professional services or law firm experience highly regarded.
- Bachelor’s degree required.
- Excellent analytical skills and high level of attention to detail.
- Strong written and oral communication skills in English. Preference for fluency in French or German, as well.
- Advanced MS Excel skills.
- Proficiency with MS Word and PowerPoint.
- Experienced in Business Intelligence (and Business Applications) development (Alteryx and Tableau preferred).
- Ability to protect and maintain confidential and sensitive information.
Goodwin Procter LLP is an equal opportunity employer. This means that Goodwin Procter LLP considers applicants for employment, and makes employment decisions without unlawful discrimination on the basis of race, color, gender, gender identity or expression, age, religion, national origin, citizenship status, disability, medical condition, genetic information, marital status, sexual orientation, military or veteran status, or other legally protected status.
Goodwin is a disability-inclusive employer. Please contact us if you require any disability-related adjustments during the interview process, or would like to have a confidential conversation with a member of the recruitment team. If there are any disability-related reasons which have impacted your profile, we may also be able to make adjustments for these. Please see our Disability-Related Screening Adjustments page if this applies to you. (Disability refers to sensory and physical conditions, long-term health conditions, neurodivergence and mental health conditions).
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