Senior Financial Analyst
Hughes Hubbard & Reed LLP New York, New York, United States · $120K–$150K/yr
Law Practice · 501-1,000 employees
About the role
The Senior Financial Analyst is responsible for financial analysis, planning, reporting, and maintaining internal controls, including month-end closing and audit coordination. They will also manage banking operations, prepare annual budgets, and oversee escrow transactions and expense allocations.
What they look for
Requirements
Candidates must hold a BA or BS in Finance or a related field and possess 5-7 years of progressive experience. Proficiency in Microsoft Office, specifically Excel, along with strong analytical and organizational skills, is required.
Full description
Position Summary:
- Financial Analysis, Planning & Reporting and Internal Controls
- Reporting Structure: Reports to Director of Financial Planning & Analysis
Principal Duties and Responsibilities:
Financial Analysis, Planning & Reporting:
- Balance sheet - cash accounts reporting and analyses
- Review month - end reports – for accuracy & completeness
- Prepare and review month - end and year-end entries & closing
- Debt Instruments - commitment fees on credit facilities & letter of credit payments
- Liaise with banks with regards to the firm's banking operations and optimize interest earned on the firm’s excess cash
- Monitor bank accounts: third party activities in multi-currency accounts & wire receipts reconciliations (from bank to book)
- Organize financial month-end meetings and compile scrub package
- Lead and coordinate the firm’s financial audit: serve as point-of-contact for auditors & monitor and handle all requests in designated portal for planning, interim, and year-end audits
- Review & prepare general journal entries
- Update monthly Firm statistics
- Coordinate with Paris office on transferring funds to NY while keeping enough funds in Paris to cover operational expenses
- GL accounts analyses and reconciliations
- Prepare expense allocation schedule quarterly for professional liability insurance, employee pension expenses
- Review trial balance reports to ensure net balance to zero
- Ad hoc & special projects as requested by senior management
- Prepare and distribute monthly reports to senior management, and managers
- Prepare annual expense budget: work with department heads and other offices to finalize individual budgets & review and adjust with CFO and COO prior to presenting to partnership
- Rent and subleases: enter monthly rent invoices for payment, review for accuracy & prepare monthly sublease invoices for firm’s subtenants and confirm receipt of payment
- Iridium – work with third-party reporting group to implement fields and calculations to Excel cubes and BI reports as needed
- Contribute to firm’s insurance renewals – provide requested financial data and coordinate payment of certain insurance invoices
- Quarterly and annual bank, government, and law publication surveys
- Reviewing appropriateness of AP expense/banking details for payment
- SAM.gov registration and LEI renewals
Internal Controls:
- Review and approve bank reconciliations for all offices, including outstanding checks and cleared checks
- Oversee escrow transactions, monthly reconciliations and adjustments
- Review bank statement to cash report
Position Specific Skills and Requirements:
- Advanced Microsoft Office Suite skills required
- Excel proficiency (pivot tables, formulas, macros) required
- Business Intelligence knowledge required
- Financial Modeling experience required
- Elite 3E Accounting Software knowledge desirable
- AI knowledge (Co-Pilot, August) desirable
- SQL proficiency desirable
Education and General Requirements:
- BA or BS in Finance or related field, required; advanced degree and/or professional designation desirable.
- 5-7 years of progressive experience.
- General knowledge of Modified Cash Basis.
- Strong analytic skills.
- Detail-oriented and a self-starter; strong organizational skills and ability to problem solve.
- Strong work ethic and ability to work as a team player.
- Ability to collect and summarize data to prepare clear and concise reports.
- Strong oral and written communications skills.
- Ability to multi-task and prioritize duties.
- Hybrid schedule (minimum of 3 days per week in-person in the NY Office).
- Target salary range: $120,000-$150,000.
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, or protected veteran status. Hughes Hubbard & Reed takes affirmative action in support of its policy to and advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities. VEVRAA Federal Contractor.
Salary Range
$120,000—$150,000 USD
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