Responsibilities of our Chief Financial Officer (CFO):
- Ensure compliance with all accounting-related laws, trust accounting regulations, third-party lenders, and Firm policies.
- Provide strategic recommendations to the Managing Partner and executive management team on long-term business and financial planning initiatives and impacts.
- Monitor and manage company cash flow.
- Prepare, execute, and monitor the company budgets and forecasts
- Manage the company's external consultants and processes related to audit, taxes, insurance, and risk management.
- Prepare all financial reports as necessary for analysis and comply with internal and external reporting requirements.
- Assess and evaluate the financial performance of the organization with regard to long-term operational and financial goals.
- Monitor spending throughout the year and confers with appropriate personnel regarding discrepancies or variances with various vendors and clients.
- Supervise the accounting department to ensure the proper functioning of all systems and workflows. Prepare, review and analyze monthly financial reports and review with Firm leadership.
- Review spending in all respects and suggest potential changes to cut costs.
- Oversee law firm payroll.
- Supervise the Firm's settlement processes and accounts payable
- Performs other duties as assigned.
Qualifications of our Chief Financial Officer (CFO):
- BSc/BA in Accounting, Finance, or relevant field; MSc/MBA is a plus.
- A CPA is required, as well as at least 10+ years of accounting/finance experience and 5+ years of experience in a CFO-type capacity. Previous experience in managing the finances of a law firm or other services business (Preferred but not required).
- Proven experience in managing the accounting processes for multiple entities with intercompany transactions. In-depth knowledge of corporate financial law and risk management practices.
- Experience in complying with third-party loan documents.
- Excellent knowledge of data analysis and forecasting methods.
- Proficient in the use of MS Office and enterprise-level accounting/financial management software (e.g. Intacct, NetSuite, SAP, Microsoft, Sage, or other enterprise-level accounting software)
- Ability to strategize and solve problems.
- Strong leadership and organizational skills.
- Excellent communication and people skills.
- An analytical mind, comfortable with numbers.
