Job Abstract

Position reports to the Chief Operating Officer (COO) and closely works with the Managing Partner, Executive Committee, practice group leaders, and administrative management team to advance financial goals with an eye toward increasing efficiency, cost savings, and overall profitability. Oversee all aspects of the accounting function, including billing, collections, accounts payable, cash applications, taxes, financial reporting and analysis, and budgeting. Advise on financial issues such as cap... more details

Position: Chief Financial Officer

Location: Downtown Los Angeles, CA (hybrid, 2 days onsite)

Pay: $265,000 to $305,000 annually

Experience: 10+ years of law firm experience or professional services industry to oversee financial operations and provide strategic leadership to drive growth and financial performance.

Education: Bachelor's degree in Finance, Accounting, Business Administration, or related field; CPA or MBA preferred.

Type: Full-time; Direct Hire

Schedule: Monday – Friday, 9:00am to 5:30pm

Kent Daniels & Associates is seeking a Chief Financial Officer to join our dynamic law firm client!

Job Description:

Position reports to the Chief Operating Officer (COO) and closely works with the Managing Partner, Executive Committee, practice group leaders, and administrative management team to advance financial goals with an eye toward increasing efficiency, cost savings, and overall profitability.
Oversee all aspects of the accounting function, including billing, collections, accounts payable, cash applications, taxes, financial reporting and analysis, and budgeting.
Advise on financial issues such as capital structure, partner compensation, mergers and lateral attorney acquisitions, and provide input into the strategic direction of the Firm.
Lead the annual budget process, working closely with practice group leaders, committee chairs, general counsel, and the administrative management team to align financial resources with Firm priorities.
Monitor and analyze financial performance against budget and forecast, providing timely and accurate financial reports to the COO and key stakeholders.
Develop financial analyses and benchmarks relating to client, matter, and practice group profitability, lateral acquisitions and mergers, new client intake, alternative fee arrangements, and other metrics.
Establish and maintain appropriate internal controls, monitor cash flow and management, and identify and implement cost control initiatives.
Evaluate, upgrade, and manage financial systems to facilitate timely and accurate financial reporting.
Maintain relationships with financial institutions, CPAs, and other external parties.
Develop, document, communicate, and enforce policies relating to all financial functions and Firm expense guidelines.
Lead a department of 15 professionals, including a senior staff that includes a Controller, Billing and Collections Director, and Business Analytics and Pricing Director.
Participate in various Firm committees, including the Executive Committee, Finance Committee, and Retirement Plan Management Committee.

Position Requirements:

Strong command of financial planning and analysis, financial reporting, and accounting principles.
Demonstrated ability to develop and execute financial strategies to drive growth and profitability are required.
Demonstrated understanding of law firm billing/accounting system software such as Aderant or Elite is needed.
Excellent analytical skills and meticulous attention to detail.
Ability to interpret financial data and make strategic recommendations.
Strong leadership and interpersonal skills, with the ability to build and motivate high-performing teams.
Effectively communicate financial results.
Comfortable and skillful with a hands-on approach in situations where tasks and analyses cannot be delegated.

Kent Daniels & Associates is part of Array Corporation, the leading technology-enabled workforce solutions company whose mission is to fix how labor is bought, sold and delivered to enable universal access to the American Dream.

We are proud to be an Equal Employment Opportunity and Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Apply with Kent Daniels & Associates, Inc.

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