Wiley Rein LLP, a leading Washington, DC law firm, has an opening for a Pricing Specialist to join its Accounting & Finance team. The Pricing Specialist reports to the Director of Financial Planning and Analysis and is responsible for developing, analyzing, and supporting innovative and profitable pricing solutions for the Firm and its practice groups.
• Assist in developing creative and sustainable pricing solutions in response to client demands that align fee structures with the objectives of the client, while remaining consistent with the Firm’s strategic service value and profitability goals • Analyze and track profit margin and performance to budget for all Alternative Fee Arrangements • Provide marketing with financial support for all client requests and RFP’s • Assess the profitability potential and illustrate market competitiveness of all potential pricing options and provide related insight and recommendations to Firm management • Analyze and provide recommendations for timekeeper rates at the title and client level based on industry trends, in order to maximize sustained profitability for the Firm • Support the enhancement and testing of online tools for process improvement in matter planning, pricing, and budgeting • Identify financial trends and best practices for Alternative Fee Arrangement management and recommend improvements accordingly • Create and generate project management statistics, KPI reports, as well as custom financial reports for management on a monthly and quarterly basis, including billing and realization reports, with client and matter level summaries • Understand, refine, and create SQL statements or utilize other reporting tools to extract financial data from the accounting system (Rippe & Kingston) for use in various analysis • Build and populate yearly firm budgeting templates and models for AFAs • Assist in data warehouse management for the Firm • Meet with and assist Partners and Attorneys with pricing options and solutions • Other ad hoc duties as assigned • Backup duties for other finance tasks as needed
EDUCATION AND EXPERIENCE:
• Four-year college degree required, with major in Accounting, Finance or Business Administration preferred • Minimum of 2 years of prior experience in financial analysis • Prior law firm experience a plus
KNOWLEDGE, SKILLS AND ABILITIES:
• Ability to communicate professionally and effectively, both in oral and written form • Ability to multi-task, prioritize and coordinate deadlines as well as track progress of tasks • Ability to organize work flow and use time efficiently • Ability to demonstrate attention to detail and accuracy • Must maintain confidentiality of work-related information and materials • Must establish and maintain effective working relationships in or out of a team environment • Ability to provide responsive and efficient administrative support • Strong leadership and motivational skills • Resourceful problem solving and ability to create and implement effective procedures • Advanced PC skills required, including expert proficiency with Microsoft Excel for business and financial analysis and modeling, as well as Microsoft PowerPoint for business case and data presentation and summary • Understands and adopts the organizational structure • Possesses the attitude of collaboration and sharing • Willingness to learn and adopt new industry trends, methodologies, and technologies • Flexibility and willingness to respond to issues during and outside of core business hours
WORK ENVIRONMENT/PHYSICAL DEMANDS:
• Position operates in a professional office environment which is usually quiet to moderate • Position requires that the employee have the ability to multi-task in a fast-paced work environment • The Firm requires that the duties and responsibilities of this position be performed onsite during scheduled work hours. • This position is primarily a sedentary position. However, some duties and responsibilities are required which would require the applicant to lift files, open filing cabinets, bend or stand, reach with arms and hands, climb or balance, occasionally move about to access office equipment, file cabinets, etc. • Ability to carry or lift items weighing up to 10 pounds
*This description outlines the basic requirements of this position. It is not intended to be a complete description of other requirements which include adherence to Firm policies and procedures as well as Department performance standards.
**Wiley Rein is an Equal Opportunity Employer with a strong commitment to the achievement of excellence, diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, protected veteran status, or any other characteristic protected by law.
***This Organization Participates in E-Verify.
About Wiley Rein LLP
Founded in 1983, Wiley Rein is a dominant presence in the nation’s capital. With more than 250 lawyers, the firm has earned international prominence by representing clients in complex, high-stakes regulatory, litigation, and transactional matters. The firm has dramatically expanded and evolved since we first opened our doors 32 years ago. Many of the firm’s lawyers and public policy advisors have held high-level positions in the White House, on Capitol Hill, and in federal agencies, including the U.S. Department of Defense, the U.S. Patent and Trademark Office, and the U.S. Department of Justice. Many of our attorneys have active high-level security clearances that allow them to quickly “read in” to matters when there is a need to access classified materials. The Legal Times has noted that the firm “represents as perfect a merging of public policy and corporate America as exists in Washington.”The firm operates at the intersection of politics, law, government, business, and technological innovation, representing a wide range of clients—from Fortune 500 corporations to trade associations to individuals—in virtually all industries. We have demonstrated success in areas that include e...nergy, manufacturing, defense, aerospace, intelligence, information technology, professional services, telecommunications, health care, A&E, and construction. We believe delivering consistent and successful results is achieved through building true partnerships with our clients. We do this by understanding the industries and economic climate in which they operate and the current and potential legal issues that impact their business. Most importantly, because Wiley Rein remains a Washington, DC-based firm that largely operates out of a single office, we are able to control costs and billing rates in a manner that is nearly impossible in large, multi-office or multinational law firms.