Fractional CFO - Legal & Professional Services

Paul Carlson, CPA - Law Firm Velocity - AE Velocity; Wisconsin; A distancia; USD 140.000 - 180.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

401(k) retirement plan

401(k) matching

Health insurance

Dental insurance

Vision insurance

Life insurance

Paid sick time

Paid vacation time

Work Location: Remote

Descripción de la vacante

Law Firm Velocity is seeking a seasoned Fractional CFO to lead strategic finance for a portfolio of law firm clients. You’ll drive advisory meetings, build predictive models, and influence decisions on compensation, hiring, and financing in a fully remote, 40-hour-per-week role.

Applicants should have 10+ years in finance, CFO/Controller experience, and strong FP&A. CPA/MBA are a plus; experience with law practice software is ideal.

Formación

• 10+ years of progressive finance experience including 3+ years as CFO/Controller or equivalent
• Experience in a fractional multi-client advisory capacity or ability to manage several relationships simultaneously
• Strong FP&A skills: forecasting, budgeting, cash flow modeling, variance analysis, scenario planning
• Law firm or professional services finance experience strongly preferred
• Bachelor’s degree in Finance or Accounting; CPA/CMA/MBA a plus

Responsabilidades

• Serve as the primary fractional CFO for a portfolio of law firm clients, owning each relationship end-to-end: expectation-setting, recurring advisory meetings, and ongoing communication
• Lead monthly and quarterly financial review meetings with firm owners—what happened, what it means, and what to do about it
• Guide clients through decisions that shape the firm: partner compensation, hiring, pricing and fees, leases, lines of credit and financing
• Build and own cash flow forecasts, budgets, and financial models used to make decisions
• Analyze law-firm KPIs—realization, utilization, collection rates, revenue per timekeeper, origination, WIP and AR aging, trust activity
• Surface risks and opportunities before owners see them: cash crunches, margin erosion, billing leaks
• Hold clients accountable to the plan and help them move forward
• Direct the Financial Analysts supporting your clients—set priorities and mentor
• Collaborate with bookkeeping team to keep financials accurate and decision-ready
• Contribute to how we deliver CFO services—sharpening models and reporting

Conocimientos

CFO experience

FP&A

Forecasting

Budgeting

Cash flow modeling

Communication

Law firm experience

CPA/MBA helpful

Multi-client advisory

Educación

Bachelor's degree in Finance or Accounting

CPA

CMA

MBA

Herramientas

QuickBooks Online

Excel/Google Sheets

Jirav

Fathom

Clio

LeanLaw

CosmoLex

PracticePanther

Descripción del empleo

Fractional CFO, CFO Services position with Law Firm Velocity

Most CFOs spend their careers being the person who says no. This isn’t that job.

Ready to join something exciting? Law Firm Velocity is crushing it as one of the top law firm CFO and bookkeeping firms in the US. We have built our reputation on being the absolute best at what we do: turning financial complexity into crystal-clear insights that help law firms thrive.

We’re adding a Fractional CFO to our CFO Services team. We’re looking for someone who has actually sat in the seat and has run finances for a real business and pushed revenue, margins and cash alongside the firm CEO.

Position Summary

Law Firm Velocity’s CFO Services team provides fractional CFO services to law firms across the country. As a Fractional CFO, you’ll be the primary strategic finance leader for a portfolio of law firm clients—the person the owner calls before they sign the lease, hire the associate, or draw on the line of credit.

What this role is: Advisory. We partner with law firm owners and their teams to drive the numbers that decide whether they can make payroll, whether the bank says yes, whether they can afford the next hire, and whether the firm grows or just gets busier. Your primary tools are running finance meetings that drive firm goals and action items along with models build in a dedicated FP&A tool.

What this role is not: Not tax prep. Not bookkeeping. Not closing the books—our bookkeeping team and Financial Analysts handle that, so your time goes to the work only a CFO can do.

This is not a passive role. The CFOs who thrive here can read a realization report, spot the problem in the trust reconciliation, and then explain both to a managing partner in plain English—someone who went to law school, not business school, and would rather be in a courtroom than a spreadsheet.

You’ll earn trust fast with owners who have run their firm for 20 years and have heard plenty of advice already. You’ll translate numbers into action, so every client meeting ends with decisions, not just a review of last month. And you’ll treat finance as something that drives the firm, not just reports on it.

What You’ll Do

• Serve as the primary fractional CFO for a portfolio of law firm clients, owning each relationship end-to-end: expectation-setting, recurring advisory meetings, and ongoing communication.
• Lead monthly and quarterly financial review meetings with firm owners—what happened, what it means, and what to do about it.
• Guide clients through the decisions that shape the firm: partner compensation, associate and staff hiring, pricing and fee structures, office leases, lines of credit and financing, and growth investments.
• Build and own the cash flow forecasts, budgets, and financial models each firm uses to make decisions—tools they actually run the business on, not reports they glance at once a quarter.
• Analyze law-firm-specific KPIs—realization, utilization, collection rates, revenue per timekeeper, origination, WIP and AR aging, and trust account activity—and turn them into clear, prioritized action.
• Surface risks and opportunities before the owner sees them: cash crunches, margin erosion, billing leaks, and staffing imbalances.
• Hold clients accountable to the plan. When they get stuck, you help them take the next step.
• Direct the Financial Analysts supporting your clients—set priorities, review their work, and mentor them toward their own CFO seat.
• Collaborate with our bookkeeping team to keep client financials accurate, timely, and decision-ready.
• Contribute to how we deliver CFO services—sharpening our models, meeting cadences, and reporting so the whole team gets better.

Who You Are

You’ve sat in the CFO seat. You’ve run finance for a real business and you know what it feels like when payroll is Friday and collections are behind. You’re comfortable in the messy middle—incomplete data, a partner who’s anxious about cash, a bookkeeping backlog to sort before the real conversation can even start. You can step into that, cut it down to what matters, and help the owner make a better call with their money.

• 10+ years of progressive finance experience, including 3+ years as a CFO, Controller, or equivalent finance lead with direct responsibility for a business’s financial results.
• Experience in a fractional, multi-client, or client-facing advisory capacity—or a demonstrated ability to run several relationships and priorities at once without dropping any of them.
• Deep FP&A skill: forecasting, budgeting, cash flow modeling, variance analysis, and scenario planning, built for owners making decisions.
• Law firm or professional services finance experience strongly preferred—realization, utilization, trust (IOLTA) accounting, contingency fee timing, partner compensation. If you’ve led finance for another service-based business and learn industries fast, we want to hear from you.
• Bachelor’s degree in Finance or Accounting required; CPA, CMA, or MBA a plus.
• Strong command of QuickBooks Online and Excel/Google Sheets. Experience with FP&A platforms (Jirav, Fathom, or similar) and law practice management software (Clio, LeanLaw, CosmoLex, PracticePanther, or similar) a plus.
• A clear, confident communicator who can explain a P&L to an attorney between hearings and hold a hard conversation without losing the relationship.
• High emotional intelligence and a coaching mindset—you listen first, build trust, and tell people the truth kindly.
• Curious about AI and actively using it in your finance work.

About Us

Since 2009, we’ve been a fully virtual CPA firm specializing in providing high-quality bookkeeping and CFO services to law firms, architecture firms, and engineering firms. We’re dedicated to maintaining a collaborative and growth-oriented team culture.

Strong Team Culture – Join a supportive community that values teamwork, celebrates achievements, and works together to overcome challenges.

Growth-Oriented Environment – We’re committed to helping you grow with mentorship, skill-building, and a supportive space to expand your career.

Open Communication – We believe in transparent, honest communication where everyone’s input is respected.

Work-Life Balance – Enjoy the flexibility to succeed at both work and home with our commitment to balancing professional and personal life.

To learn more about our team and values, visit www.lawfirmvelocity.com.

Work Schedule Expectations

This is a full-time role requiring 40 hours per week. Client meetings happen during business hours, so consistent client-facing availability is expected. A secure, interruption-free home office with reliable video conferencing is essential—you’ll be on camera with owners regularly.

Other Details

Job Type: Full-time (40 hours per week), W-2

Pay scale: $140,000 to $180,000 salary with additional incentive compensation options, depending on experience

Benefits:

• 401(k) retirement plan
• 401(k) matching
• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Paid sick time
• Paid vacation time
• Work Location: Remote

While this role is 100% remote, it is a full-time working position—not a side job. Candidates must be available during designated business hours, actively perform assigned responsibilities, and consistently meet performance expectations.