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Chief Financial Officer (CFO)

Bush and Bush Law Group

Denver (CO)

On-site

USD 130,000 - 165,000

Full time

5 days ago
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Job summary

An established industry player is seeking a Chief Financial Officer (CFO) to lead its financial strategy and ensure compliance in a dynamic legal environment. This role involves overseeing trust accounts, managing budgets, and collaborating closely with legal teams to enhance profitability. The ideal candidate will possess extensive experience in financial leadership within a law firm, along with strong analytical and strategic planning skills. Join a supportive and innovative team that values professional growth and work-life balance while making a significant impact on the firm's financial future.

Benefits

Flexible Work Arrangements
Performance Bonuses
Professional Development Opportunities
Positive Workplace Culture
Career Advancement Opportunities

Qualifications

  • 8-10 years of financial leadership experience in a law firm environment.
  • Expertise in trust account management and contingency fee structures.

Responsibilities

  • Develop and execute financial strategies for growth and profitability.
  • Oversee client trust accounts and ensure compliance with regulations.

Skills

Legal Accounting
Trust Account Compliance
Analytical Skills
Strategic Planning
Financial Software Proficiency
Leadership Skills
Communication Skills

Education

Bachelor's Degree in Accounting or Finance
CPA or MBA

Tools

Financial Software
Case Management Systems

Job description

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About Us: We are a fast-growing law firm in Dallas, Texas, specializing in personal injury cases. Our firm is dedicated to delivering exceptional results for our clients while fostering a positive and professional workplace culture. We are seeking an experienced Chief Financial Officer (CFO) with a strong background in financial management for law firms, including trust account management and contingency fee structures.

Key Responsibilities:

  1. Financial Strategy and Leadership:
  • Develop and execute the firm's financial strategy to drive growth and profitability.
  • Provide strategic financial guidance to the executive team, ensuring alignment with the firm's goals.
  • Accounting and Compliance:
    • Oversee management of client trust accounts, ensuring compliance with state BAR rules and legal accounting standards.
    • Implement and maintain accounting systems that ensure accurate tracking of contingency fee revenue and case costs.
    • Ensure compliance with all regulatory and tax obligations, including audits and financial reporting requirements.
  • Budgeting and Forecasting:
    • Create and manage annual budgets, financial forecasts, and cash flow analysis.
    • Monitor financial performance against benchmarks and recommend adjustments to meet goals.
  • Case Cost Management:
    • Implement systems to track case-related expenses and ensure cost efficiency.
    • Collaborate with legal teams to analyze case profitability and ROI.
  • Risk Management:
    • Assess financial risks and develop mitigation strategies.
    • Ensure the security and integrity of the firm's financial systems and data.
  • Team Leadership and Collaboration:
    • Lead the finance and accounting team, providing mentorship and fostering a culture of accountability and excellence.
    • Work closely with department heads to align financial goals with operational objectives.

    Compensation: $130,000 - $165,000 per annum.

    Requirements:

    • Education:
      • Bachelor's degree in Accounting, Finance, or a related field required.
      • CPA, MBA, or equivalent advanced degree strongly preferred.
    • Experience:
      • Minimum of 8-10 years of progressive financial leadership experience.
      • Proven track record of financial management in a personal injury law firm environment.
      • Deep understanding of trust account management and contingency fee structures.
    • Skills:
      • Expertise in legal accounting, including trust account compliance and IOLTA management.
      • Strong analytical, strategic planning, and decision-making abilities.
      • Advanced proficiency in financial software and case management systems.
      • Exceptional leadership and communication skills, with the ability to present complex financial data clearly.
    • Character:
      • High ethical standards with a commitment to maintaining compliance and transparency.
      • Strong work ethic and ability to thrive in a fast-paced, dynamic environment.
      • Team-oriented with a collaborative mindset.

    Benefits:

    • Positive Culture: Be part of a supportive and innovative leadership team.
    • Impactful Role: Play a critical role in shaping the financial future of a growing firm.
    • Competitive Compensation: Enjoy a generous salary, performance bonuses, and benefits package.
    • Professional Growth: Opportunities for career advancement and ongoing professional development.
    • Work-Life Balance: Flexible work arrangements to support a healthy balance between personal and professional life.
    Seniority level
    • Executive
    Employment type
    • Full-time
    Job function
    • Accounting/Auditing
    Industries
    • Legal services and law firms

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