Financial Terms Analyst

The Financial Terms Management Analyst plays a key role in ensuring Sidley’s 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-teams—New Business Intake, Implementation, and Compliance—to 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.

Clearly document and communicate intake information and finalized client financial terms to enable the Implementation sub-team to accurately configure them in the Firm's financial systems.

Implementation Sub-Team Responsible for accurately setting up, maintaining, and communicating financial terms in the firm’s 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…