eBilling Rates Analyst
eBilling Rates Analyst
Category
Finance
Location
New York, New York
Employment Type
Permanent
Salary
$90200 - $115200
Job Description:
In this capacity, the Analyst, eBilling Rates will:
* Monitor and research status of eBills submitted as related to rates, identify issue and works with colleagues to address rejections and reductions as they arise; update administrative application with current status;
* Coordinate with colleagues and client to resolve unsuccessful electronic vendor rate submissions and collaborates with pricing team to address and resubmit rates as appropriate to eBilling vendors;
* Review Client guidelines against finance application to ensure billing instructions are current and adhere to client and attorney protocol;
* Provide overflow support to billing team members to assist with timekeeper rate submission, rate rejections via eBilling vendors;
* Assist with proposing all new onboarded eBilling clients to electronic billing vendors; knowledge of various LEDES template formats, and can assist billers with navigating the various eBilling vendor sites;
* Analyze historical billing data, client financials, and rate submissions to comply with client engagement and rate agreements;
* Prepare detailed reports and presentations to support pricing recommendations and strategic decisions;
* Monitor pricing effectiveness and make recommendations for adjustments based on performance metrics;
* Partner with finance, billing, pricing and eBilling to ensure pricing strategies are integrated into the firm's overall financial goals;
* Provide training and support to attorneys and staff on pricing strategies and tools;
* Ensure pricing practices comply with relevant regulations and internal policies;
* Stay current with industry best practices and emerging trends in legal pricing;
* Works overtime as required, in particular at month end and year end; and
* Handles additional billing projects as assigned.
Job Requirements:
Proficiencies:
* Knowledge of various eBilling vendors (e.g., Legal Tracker, T360, Collaborati);
* Knowledge of generally accepted accounting principles and methods;
* Proficiency in windows and web-based accounting programs (3E preferred);
* Proficiency in Excel;
* Fundamental proficiency in Word and Outlook;
* Organized, professional, analytical and capable of solving problems;
* Advanced financial analysis skills, including the ability to prepare concise reports to assist firm management in assessing the effectiveness and financial impact of pricing proposals and matter debriefs;
* Advanced knowledge of mathematical and basic statistical concepts, including fractions, percentages, and ratios, and the ability to apply this knowledge to large volumes of data to reach meaningful conclusions;
* Advanced organizational skills, including the ability to maintain and track large volumes of data, prioritize workload, coordinate multiple projects simultaneously, meet deadlines, and adapt to change;
* High level of attention to detail;
* Ability to learn, leverage, and use additional programs, including budgeting and financial management software;
* Ability to work independently and be proactive; and
* Proven success working in teams, both virtually and in person.
Qualifications:
* Bachelor's degree or equivalent in accounting or related field (preferred);
* At least 4 years of general accounting experience (required);
* At least 4 years of legal eBilling experience (preferred);
* At least 4 years of law firm experience (preferred); and
* At least 3 years' experience with pricing of legal services preferred, including a strong working knowledge of non-hourly pricing models (preferred).