CFO

Job Description

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CFO

Bethesda,MD, US

2 days ago

Experience: Entry Level Salary: $150,000 - $185,000 per year

• Oversee the firm's accounting and financial operations.
• Prepare and present monthly, quarterly and annual financial reports to firm leadership.
• Prepare weekly cash position reports covering cash balances, collections, anticipated receipts and significant upcoming expenditures.
• Develop financial dashboards and KPIs related to profitability, collections, realization, cash flow and overall firm performance.
• Monitor liquidity and identify financial risks and opportunities.
• Provide financial analysis and recommendations to support strategic decisions.

• Develop forecasts, budgets, reporting tools and performance metrics.
• Analyze profitability, staffing, compensation and strategic investments.
• Partner with the Partners and COO/Office Administrator on financial and operational initiatives.
• Enhance budgeting, forecasting and long-range financial planning as the firm continues to grow.

• Lead, mentor and develop the Accounting Department.
• Oversee billing, accounts receivable, accounts payable and related functions.
• Improve accounting processes, workflows and internal controls.
• Promote a collaborative, service-oriented accounting environment.

• Oversee trust/IOLTA accounting and ensure compliance with applicable requirements.
• Ensure compliance with tax, audit and financial reporting requirements.
• Coordinate with outside accountants, auditors, banking partners and other advisors.
• Maintain strong financial controls and accounting policies.

• Optimize accounting, billing and financial systems.
• Ensure data integrity across accounting, billing and reporting platforms.
• Identify opportunities for automation and improved reporting.
• Leverage emerging technology and AI-powered tools to improve accounting operations and financial analysis.

• Bachelor's degree in Accounting, Finance or a related field.
• Progressive accounting and financial leadership experience.
• Prior law firm or professional services experience.
• Strong knowledge of financial reporting, cash management, internal controls and accounting operations.
• Experience managing and developing accounting professionals.
• Strong analytical, organizational and communication skills.
• Ability to communicate financial information effectively to non-financial stakeholders and firm leadership.

• CPA designation.
• Experience with legal accounting platforms such as Orion, Aderant, Elite, Tabs3 or similar systems.
• Strong knowledge of trust/IOLTA accounting.
• Experience developing financial dashboards, KPIs and reporting tools.
• Experience implementing process improvements or new financial systems.
• Experience with budgeting, forecasting and financial modeling.

• This is a high-impact leadership opportunity for a financial professional who wants to have a meaningful role in the direction of an established and growing law firm.
• The successful candidate will have direct visibility to firm leadership, the opportunity to build and improve financial infrastructure, and the ability to become a trusted advisor to the Partners and COO.

We are an established and respected law firm serving clients throughout the Maryland, Virginia and Washington, D.C. region. For decades, we have built our reputation on sophisticated legal representation, strong client relationships and a practical, business-minded approach to serving our clients.

Our attorneys handle a diverse range of matters, including commercial real estate, business transactions, litigation, estates and trusts, technology, alternative dispute resolution, zoning and land use, and representation of state and local entities.

As the firm continues to grow, we are investing in the infrastructure, processes and leadership needed to support that growth. This newly created Controller and/or CFO position represents an important addition to the firm's leadership structure and provides an opportunity…