Legal Electronic Billing Analyst (Finance)
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Role/ Department: Legal Electronic Billing Analyst/Legal and Corporate Affairs
The Legal Electronic Billing Analyst is responsible for monitoring the Thomson Reuters Legal Tracker E-Billing system (f.k.a. Serengeti) used by Northern Trust's Legal Department to monitor and track outside counsel legal spend.
The key responsibilities of the role include:
• Ensure and enforce law firm compliance with Northern Trust billing guidelines.
• Timekeeper rate analysis: audit law firm timekeeper submissions to develop core rosters to work on all Northern Trust matters.
• Facilitate issue resolutions with law firms and legal vendors.
• Invoice auditing and analysis.
• Produce quarterly and year-end reports, develop ad-hoc reports as needed based on fields/data collected within Thomson Reuters Legal Tracker.
• Run legal spend reports for in-house counsel and upper management as needed.
• Set budgets, develop, and monitor alternative fee arrangements and establish Legal Tracker automation controls.
• Generate/Audit weekly invoice batch for distribution to A/P team for payment of legal invoices.
• Development and implementation of audit controls, special projects, and workflow enhancements.
• Design training PowerPoint presentations on invoice review and approval processes for in-house counsel and bankers.
• Responsible for smooth operation of billing processes, ensuring quality of system data and creation of timely actionable business intelligence from legal billing information.
• Manage a fast-paced queue of support requests and daily case related tasks of varying level of complexity that are a part of the team's varied service portfolio.
• Utilize established standard operating procedures and documented processes to drive all issues to resolution, prioritizing customer satisfaction and efficient task execution.
Skills/ Qualifications:
• Three to five years demonstrated experience with electronic billing and billing compliance at global law firm or in-house corporate law department.
• Bachelor's degree (four year)
• Advanced Excel, Pivot Tables, VLOOKUP, and formula skills
• Effective communication skills and ability to distill and convey information in a concise and crisp manner.
• Ability to think strategically, while simultaneously maintaining day-to-day operations.
• Ability to build trust with executives and internal/external stakeholders of all levels.
Working Model: Hybrid (#LI-Hybrid)
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
Salary Range:
$63,200 - 94,800 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
