Chief Financial Officer - Law Firm - Midtown Manhattan
Page Executive · New York, NY · 1 wk ago
Finance$290k–$300k/yrFull-time
Description
Reporting directly into the Managing Partner and spearheading the finance function, the Chief Financial Officer's main duties and responsibilities will include the following:
- Lead the development and execution of short term and long term financial strategy aligned with firm objectives
- Serve as a strategic advisor to executive leadership on financial implications of business decisions
- Oversee all finance, accounting, billing, collections, payroll and treasury functions
- Establish and monitor profitability targets at the firm and practice group level
- Analyze practice performance, pricing structures, billing rates and realization
- Prepare and present detailed financial reporting to executive and shareholder leadership
- Manage annual budgeting, forecasting and long range financial planning processes
- Maintain cash flow management, working capital and shareholder distributions
- Manage banking relationships, lines of credit and debt structures
- Ensure compliance with financial covenants and internal controls
- Support analysis related to lateral partner hires and group acquisitions
- Provide guidance on equity structures, capital deployment and growth investments
Profile
In return for a competitive remuneration package, the successful candidate will possess the following:
- Bachelor's degree
- 15+ years of relevant finance & accounting experience
- Strong preference for law firm experience
- Professional services experience with complex partnership or shareholder models (considered as a second preference)
- Strong knowledge of legal industry financial operations including billing, realization and collections
- Proven ability to influence and partner with senior stakeholders
- Exceptional analytical, communication and presentation skills
- Hands on leadership style with the flexibility to operate strategically and tactically
- Ability to thrive in a fast paced, collaborative environment