Senior Financial Analyst

Job Description

The Senior Financial Analyst is responsible for managing all aspects of expense budgeting and analysis, ensuring accurate forecasting, reporting and financial insights to support decision-making. This role also includes limited exposure to revenue planning, partner compensation, overhead allocations and aspects of pricing. This role also serves as the point person for industry surveys- overseeing data collection, submission, and benchmarking analysis. The Senior Financial Analyst plays a critical part in ensuring financial discipline and operational efficiency while supporting strategic decision-making through in-depth expense analysis and industry benchmarking.

A career at Nixon Peabody is the opportunity to do work that matters. It’s the chance to use your knowledge to shape what’s ahead. To share, to innovate, to learn at a firm that taps the power of collective thinking.

Location: Rochester, NY

Reporting Relationships: This position will report to the Supervisor of LPM/Pricing & Client Revenue Analytics

• Prepare rolling forecasts and update financial models throughout the year.
• Conduct variance analysis, identifying key cost drivers and providing recommendations to optimize spending.
• Develop and maintain financial models to improve forecasting accuracy and cost management.
• Respond to ad hoc requests from firm leadership and practice group leaders.
• Prepare and present financial metric related reports to senior management.
• Understand Partner Compensation and Overhead Expense allocations, which are maintained outside the general ledger.

• Act as the primary point of contact for industry surveys, ensuring accurate and timely data submission.
• Analyze survey results to provide benchmarking insights and assess company performance relative to industry peers.
• Summarize findings in reports and presentations for internal stakeholders.

• Assist in reporting and analyzing revenue to support decision-making.
• Gain an understanding of identifying key revenue drivers and assessing financial impacts.

• Assist with rate- setting analysis and alternative fee arrangement modeling.
• Partner with stakeholders to evaluate cost-saving opportunities and ensure financial efficiency.
• Support partners with matter profitability analysis and fee arrangements.
• Translate complex financial data into clear, actionable insights for non-finance stakeholders

To perform this job successfully, you must be able to perform each essential job responsibility listed above, satisfactorily, with or without reasonable accommodation. Nixon Peabody retains the right to change or assign other duties to this position. The requirements listed below are representative of the skills and abilities required.

• Bachelor’s Degree, preferably in Business, Finance, Accounting or Economics or relevant experience. Master’s Degree preferred
• 5+ years of Finance experience, with a strong focus on expense management and budgeting, preferably within a law firm or professional services environment
• Excellent PC skills, particularly in MS Excel and Access; including pivot tables, graphs, advanced formulas, and simple queries Proficiency working with multi-dimensional databases and query-writing a plus
• Advanced proficiency in financial tools (e.g., Budgeting Applications, GL system)
• Experience with data visualization tools (e.g., Power BI)
• Aptitude for quickly understanding, managing and manipulating data in an efficient manner
• Ability to develop processes (start to finish) and make complex reports easily repeatable
• Strong analytical, problem-solving, and leadership skills
• Solid written and oral communication…