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Chief Financial Officer (CFO)

Dallas, TX, USA

84 Days ago

Job Description


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.

Requirements

Key Responsibilities:
  • 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 the 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.

Key Skills Required

Account ManagementAccountingBudgetingCost ManagementAccountsAccountabilityAccounting StandardsAnalysisCash Flow AnalysisCollaborationCommitmentCommunicationComplianceCost EfficiencyDevelopmentDynamic EnvironmentFinanceFinancial DataFinancial GoalsFinancial leadershipFinancial ManagementFinancial PerformanceFinancial ReportingForecastingGuidanceLeadershipManagementManagement SystemsProfessional DevelopmentProfessional GrowthProfitabilityProgressiveProven Track RecordReportingRisk ManagementSecurityShapingStrategic PlanningStrategySupportiveTeam LeadershipWork EthicWork-Life Balance

Job Overview


Job Function: Banking / Finance

Job Type: Full Time

Workplace Type: Not Specified

Experience Level: Executive

Salary: Competitive & Based on Experience

Experience: 8 - 10 yrs

Contact Information


Company Name: Bush & Bush Law Group

Recruiting People: HR Department

Website: http://www.bushlawgrp.com

Location

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