Description

The Rates Analysis Analyst will execute the accurate set-up of rates in the Firm's systems as a critical component of the Rates and Client Maintenance Process.

Responsibilities:

  • Review and Calculate new Timekeeper rates for Ebilling (Transitioned) and Non-Ebilling (Transitioned) billing rates based on the underlying client agreement for Clients 
  • Execute Client's set-up rates in SAP in place as required by the client and assist the Billing team
  • Prepare Volume Discount Tracking and Application between SAP and the client systems based on client's agreement
  • Perform Client's rates onboarding to the global transition to the team
  • Maintain Client Profile’s Fee Arrangements
  • Conduct Matter Checking Maintenance for SAP Set-up
  • Exercise a required degree of tact and diplomacy when dealing with others and in handling sensitive issues
  • Identify the most efficient way of ensuring client pricing information (for client agreements) is recorded to support the Billing team.
  • Review current client agreements and identify improvements to be made to current pricing set-ups in SAP
  • Ensure that the Firm’s central repository properly reflects the actual pricing used for Billing
  • Support to reduce billing rejections due to pricing errors
  • Work with colleagues to develop new best practices, identify new efficiencies per a culture of continuous improvement, analyze gaps in performance, and recommend methods of intervention

Skills and Experience:

  • Bachelor's degree preferred in business administration, commerce, finance, liberal arts, or related courses
  • Prior experience in a billing or pricing role is an advantage
  • General understanding of accounting or finance principles as well as the specific law firm or professional service accounting structure, environment, and requirements
  • Fluent in English (verbal and written)
  • Good working knowledge of MS Office applications (e.g. Excel, Word, Outlook)
  • Knowledge and experience of financial systems (SAP preferred but not required)
  • Have the confidence to escalate and ask questions, especially when being asked to deviate from standard processes
  • Able to prioritize and handle multiple tasks to meet deadlines
  • Able to perform at high levels in a fast-paced ever-changing work environment and successfully adapt to changing priorities and work demands, including learning new skills when required
  • Strong problem-solving and analytical skills
  • Keen attention to detail and effective organizational skills
  • Able to anticipate work needs and follow through with minimum direction, follow up on own initiative
  • Flexible to work a reasonable shifting schedule is required