Pricing Analyst

Sidley Austin LLP; Chicago (IL); Hybrid; USD 88,000 - 96,000; Full time

Job summary

Sidley Austin LLP is seeking a Pricing Analyst in Illinois to support lawyers by structuring, modeling and negotiating client and matter level fee arrangements, budgets and pricing options. You will prepare rate proposals and respond to RFPs while assisting with the annual billing rate setting and benchmarking of standard hourly rates.

The ideal candidate holds a Bachelor’s in Accounting or Finance with at least two years of financial analysis experience and strong Excel and PowerPoint skills.

Qualifications

• Bachelor’s degree, preferably in Accounting or Finance.
• A minimum of 2 years of accounting or financial analysis experience.
• Advanced capabilities and knowledge of Microsoft Excel and PowerPoint.

Responsibilities

• Provide support in developing rate proposals, alternative fee arrangements, fee estimates, matter budgets and pricing options in response to client requests.
• Assist in responding to the pricing and financial components of Requests for Proposals (RFPs) and other business development pitches.
• Provide support for the annual billing rate setting process and perform ongoing benchmarking analysis and maintenance of standard hourly billing rates throughout the year.
• Prepare analysis of historical matters, to support the pricing and budgeting process.
• Provide analysis and regular reporting to support firm, client and/or matter management needs.
• Develop/enhance financial templates and models to expand upon and streamline existing processes surrounding the Firm’s pricing function.
• Participate in team training sessions and contribute to knowledge-sharing initiatives.
• Support team efforts to track and organize pricing-related information and templates.

Skills

Analytical skills

Attention to detail

Communication skills

Team collaboration

Discretion

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel

PowerPoint

Job description

The Pricing Analyst works with team leadership to support our lawyers with structuring, modeling and negotiating client and matter level fee arrangements, client matter management, and various other initiatives to enhance the strategic pricing goals of the Pricing Team and the Firm. The ideal candidate has strong attention to detail, enjoys working with data, and is eager to learn about pricing and the revenue cycle in a fast-paced professional services environment.Duties and Responsibilities:Provide support in developing rate proposals, alternative fee arrangements, fee estimates, matter budgets and pricing options in response to client requests.Assist in responding to the pricing and financial components of Requests for Proposals (RFPs) and other business development pitches.Provide support for the annual billing rate setting process and perform ongoing benchmarking analysis and maintenance of standard hourly billing rates throughout the year.Prepare analysis of historical matters, to support the pricing and budgeting processProvide analysis and regular reporting to support firm, client and/or matter management needs.Develop/enhance financial templates and models to expand upon and streamline existing processes surrounding the Firm’s pricing function.Participate in team training sessions and contribute to knowledge-sharing initiatives.Support team efforts to track and organize pricing-related information and templates.Communicate proactively with team members to clarify requirements and meet deadlines.Education and/or Experience:Required:Bachelor’s degree, preferably in Accounting or FinanceA minimum of 2 years of accounting or financial analysis experience.Advanced capabilities and knowledge of Microsoft Excel and PowerPoint.Preferred:Previous experience working in a client facing position or a professional services firmOther Skills and Abilities:The following will also be required of the successful candidate:Strong organizational skillsStrong attention to detailGood judgmentStrong interpersonal communication skillsStrong analytical and problem-solving skillsAble to work harmoniously and effectively with othersAble to preserve confidentiality and exercise discretionAble to work under pressureAble to manage multiple projects with competing deadlines and priorities#LI-JW1#LI-HybridThe target salary range for this role is:$88,000 - $96,000 if located in Illinois.Salaries vary by location and are based on numerous factors, including, but not limited to, the relevant market, skills, experience, and education of the selected candidate. Our compensation package also includes bonus eligibility and a comprehensive benefits program. Benefits information can be found at Sidley.com/Benefits .To perform this job successfully, an individual must be able to perform the Duties and Responsibilities above satisfactorily and meet the requirements. The requirements listed above are representative of the minimum knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. If you need such an accommodation, please email [e-mail] (current employees should contact Human Resources).Sidley Austin LLP is an Equal Opportunity Employer.