Assisting Law Firms with ALL their Transitions
Since Firm Transitions was founded as a legal placement company, staffing continues to be a service provided for retained clients. Since the legal field continues to experience turnover due to new hires and lateral moves or attorneys leaving firms to start new ones, it is important to make sure we have your contact information and know about your various placement needs.
Position Summary
The Chief Financial Officer (CFO) oversees, directs and manages all facets of the firm's financial operational and strategic function to ensure that overall firm business objectives and profitable growth are affirmatively achieved. This position is responsible for driving business process analysis and improvements and optimizing accounting processes and systems to maximize the financial performance of the firm in alignment with the firm's goals and objectives.
The finance function at the firm includes: financial/tax planning and analysis, reporting, operational budgeting, treasury/cash management, pricing strategy, alternative fee arrangements, capital budgeting, debt financing, equipment leasing, internal controls, internal/external audit, billings, collections, accounts payable, client trust accounting, financial systems, payroll, retirement plan administration and calculation/distribution of profits to partners.
Managing a team of approximately 35 in conjunction with a Controller and other managers, the CFO provides financial leadership to the firm while ensuring its financial integrity. He or she develops the financial strategy, monitors day-to-day financial activity, drives exceptional customer service, and works to position the firm to meet both short-term and long-term financial goals. The CFO is expected to further leverage the firm's robust technology platform to make the finance department as efficient as possible.
The CFO reports to the Chief Operating Officer and serves as an important, highly-visible member of a cohesive senior administrative leadership team and partners closely in cross-functional collaboration with other department leaders including: human resources, recruiting, information technology, facilities and office administration. The CFO serves as a key advisor and strategic partner to the firm's Management Committee, Practice Group Leaders and partners regarding business planning, budgets, profitability, growth targets, and revenue goals.
The firm has a purposeful strategic plan that includes further growth of current offices and the addition of new offices, as client needs and business opportunities dictate. The CFO will play a key role in ensuring the financial operations of the firm are maintained at its current high standards and the firm is financially well positioned for continued strategic growth.
Key Duties & Responsibilities
Participate in ad hoc and ongoing administrative committees as assigned.
Soft Skill Requirements
Note: Firm Transitions is NOT a law firm. Any attorneys on our staff are NOT authorized to provide individuals or organizations with legal advice.
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Firm Transitions, LLC
844-288-9457