Financial Planning & Tax Analyst

Chapman and Cutler LLP is seeking to hire a Financial Planning & Tax Analyst to join the Financial Management Department in the Chicago office. The Financial Planning & Tax Analyst will be a key driver of the Firm's financial health. This role is responsible for firmwide and department-level budgeting, cash flow modeling, and coordinating and reporting on Financial Management special projects. The position requires an in-office presence but includes flexibility for some remote work.

The responsibilities of the Financial Planning & Tax Analyst will include:

Financial Planning & Analysis Reporting

• Firm and Department Budgeting: Builds, maintains, and consolidates firmwide annual budgets and rolling forecasts for administrative and legal departments.
• Monthly Reporting Packages: Prepares end-to-end monthly financial reporting packages, including budget-to-actual variance analysis and key performance indicator (KPI) tracking.
• Presentation Development: Translates analytical results into concise presentations, executive summaries, and dashboards, and communicates complex concepts (and complex data results) in easy-to-understand terminology to senior leadership and practice group leaders.
• Cash Flow Modeling: Develops and maintains cash flow and liquidity forecasts, monitors collections and overhead, enhances reporting with trend and historical analysis, and builds dashboards to drive efficiency and financial performance.
• Attorney Metrics Review: Produces Professional Personnel Committee/Partner Review Committee (PPC/PRC) and attorney metrics models to evaluate individual attorney performance from a practice management perspective, identifying trends for practice group leaders.
• Evaluation of Practice and Business Initiatives: Generates financial analysis of potential lateral acquisitions, business development and operational initiatives and other strategic growth opportunities.
• Ad Hoc Reporting: Provides ad hoc financial analyses to support business planning, resource allocation, and operational efficiency initiatives.

Tax Analysis and Partnership Compliance

• Quarterly Tax Estimation: Supports Firm compliance with state income tax requirements, including calculation and timely payment of quarterly estimates.
• Filing & Compliance: Coordinates federal, state, and local tax filings (including partnership returns and other applicable filings, such as sales/use tax or local gross receipts taxes).
• AI-Automated Tax Workflow: Leverages AI-enabled tools and automation to streamline tax data extraction and K-1 schedule preparation, and flags potential compliance risks.
• Regulatory Research: Monitors and evaluates tax law and regulatory developments impacting partnerships and professional services, and identifies opportunities to maximize tax credits and incentives.

MINIMUM QUALIFICATIONS:

The successful candidate will have a Bachelor's degree in Finance, Accounting, or a related field and two to four years of financial analysis or accounting experience, preferably in a professional services or law firm environment.

• Advanced-level Excel experience with strong proficiency in Excel modeling, including the ability to build complex cash flow and three-statement models, use dynamic arrays and Power Query, and create automated data links from scratch
• Strong proficiency in Power BI to accelerate report building and financial data structuring
• Experience creating standard accounting reports and customized accounting and finance reports
• Commitment to client service
• Ability to juggle competing priorities
• Ability to work in a fast-paced environment with a strong sense of urgency while delivering high-quality work product
• Committed to following all Firm security protocols and maintaining information security

In accordance with the Illinois Pay Transparency Law, the expected salary range for this Illinois position is $89,000-$106,000. The benefits overview for this position is available for review at the below link.

Benefits Overview

Please submit a cover letter and resume. All applicants will be considered; however, the hiring decision will be made based on qualifications for the position.

Chapman and Cutler LLP is an Equal Opportunity Employer M/F/D/V/SO.