Junior Economist at Precise: Financial Management and Forecasting for Architecture and Engineering Firms in Or Yehuda

The profession: an economist as an outsourced finance department

According to the listing, Precise provides financial management services to architecture, engineering and law firms and acts as its clients' economic department, with an emphasis on profitability, efficiency, performance improvement and decision-making. An economist in a firm like this works in practice as a financial analyst: taking a client's project data, hours, billings and cash flow and turning them into reports and forecasts the firm's managers can decide on. That is a general description of the type of role; the listing itself names financial modelling, producing and controlling financial reports, forecasts to raise profitability, trend identification, and pricing and economic feasibility analysis.

On pay, the listing does not state a salary, so there is no figure that can be attached to this role. For reference only, Israel's national minimum wage rose on 1 April 2026 to NIS 6,247.67 per month (per WageIndicator), and it is the floor for any job. Ask in the first conversation about the hourly rate, the weekly hours and whether the role can grow to full scope after your studies.

Precise in numbers

History

Precise was established in Israel in 1996 and offers financial management and business consulting, mainly to architecture and engineering practices. In the Business of Architecture podcast it describes itself as a leading provider of financial management and control services for architectural, engineering and law firms. It began offering services outside Israel in 2011, and according to partner Lior Schnabel's profile on NLA London it now operates across New York, Chicago, Boston, London, Israel and Greece.

The sources we checked do not publish headcount, client numbers or financial results, so we do not quote any. Precise is a private company and has no traded stock.

In Israel and abroad

The role is based in Or Yehuda, and the listing mentions offices in Or Yehuda and Petah Tikva. Beyond Israel, Precise serves professional firms in the US and Europe, so its work rests on metrics that are familiar across the industry everywhere: cash flow, billings, staff utilization and profitability per project. Experience with those is experience you can carry into other finance roles.

Help businesses increase their efficiency, improve their Key Performance Indicators and maximize their profit.

How the role works

According to the listing, the job covers day-to-day finance tasks, building financial models, creating and controlling financial reports, preparing forecasts to increase profitability, identifying trends, and pricing and economic feasibility analysis, among other things. The listing also stresses communication and service skills, which means the economist works with clients as well as with spreadsheets.

The Business of Architecture podcast describes how the firm works: it sets objectives with the client according to industry-standard KPIs, measures performance against the financial objectives, and runs project management and control processes, billing projections and staff allocation. Other topics in that episode include cash flow and whether a cash flow problem is really a collections issue. The listing does not say whether the work is hybrid.

Who it is for

An undergraduate student of economics, business administration or a related field. The listing asks for good interpersonal communication in writing and speech, initiative, organization and the ability to learn independently. No previous experience is needed. The role suits someone who wants to see what financial analysis looks like in practice, not only in coursework. The listing does not name tools such as Excel, but for models and forecasts it is worth arriving with a solid base in it.

Status

The listing was posted on Drushim, shown as "17 hours ago" on 28.10.2026, and was active when checked. Applications go through the listing. It states no closing date, so this article's validity was set to two weeks, until 11.11.2026.

Sources and verification

Role details: the Drushim listing (job 38676631). Company background: Lior Schnabel's profile on NLA London (nla.london) and episode 449 of the Business of Architecture podcast. Minimum wage: WageIndicator, 2.4.2026. The description of an economist as an outsourced finance department is a general explanation, not taken from the listing, and the listing states no salary.