| Times New prominent DC Law Firm is currently seeking a Manager, Billing Rates & Pricing for our Practice Operations Department. Qualified candidate must have a minimum of five years finance experience and hold a BA degree Finance or Accounting, or Business Administration/Management. Prior law firm experience and/or an MBA is preferred. The current salary range is flexible for the right candidate so please submit your resume today for Position help achieve the goals of the Practice Operations, specific to the management of firm-wide billing rates and pricing. This role will aid in the s effort to effectively and efficiently manage our pricing initiatives. This position will also work closely with the financial organization in utilizing accurate data, preparing rate schedules and will supply important guidance and data for use in the business planning / Job responsibilities of the Manager include (but are not limited to) the Develop billing rates for all timekeepers in the USA that are appropriate to the practice areas and geographic locations. This includes managing the process for the annual rate increase and analyzing industry data. Benchmarking analysis at a minimum of 2x per year, this Manager will lead the effort on utilizing industry data to help s internal management understand how our pricing compares to the market by title, years of experience, geography, Assign billing rates for any new timekeepers that start employment with Howrey in the Assist in transition of financial systems (from WSI to SAP). Training will be Identify/develop new SAP reports (as appropriate) that increase the accuracy and consistency of the rates setting Provide accurate rates for client engagements per the agreement identified in the engagement Assess client/matter rates to ensure that rates are current per the client Work with European accountants and managing partners to maintain current billing rates in Euros and GBP for European timekeepers, and assign appropriate billing rates for US timekeepers working on matters billed in Euros or Manage the process of increasing the rates of newly admitted Publish current standard and preferred rates (in local currency) on intranet Manage the Dollar Rate Report Manage the processes around month-end position will spend a lot of time working very closely with the Managers in the Conflicts and the Client Budgeting Work with the Conflicts Manager understand and maintain the rate/pricing structure within our current environment (WSI) and the new environment everything that the SAP Rates Analyst currently does so as to provide back-up Work closely with Manager, Client Budgeting & Finance in the following To assign appropriate and accurate rate/pricing structure for all client engagements; in other words, ensure that USD, Euro, and GBP rates are implemented properly per the agreement identified in the engagement On any annual increases to the rate/pricing structure. The two roles will work together with lawyers to devise strategies to increase rates and or improve realization and profitability on To devise strategies to increase rates and/or improve realization and profitability on position has 1 Direct Report: SAP Rates Analyst. Expectations surrounding the management of the Rates Analyst Manage the position/delegate work and suggest changes (or new structure) after thorough assessment of existing Oversee SAP Rates s management of the Rate Requests inbox to ensure that rate requests are processed accurately and Oversee SAP Rates s management of the rate tables to ensure that the appropriate rate structures are maintained per the client agreement. Provide a seamless bridge between multiple internal business and technology teams in providing accurate Apply sound and expert judgment project management acumen to manage |
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