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SMB Team is seeking an experienced, detail-oriented Fractional CFO to manage the financial operations of our portfolio of 15 law firms. The ideal candidate will have a strong understanding of financial management within the legal industry and the ability to provide strategic insights and guidance to improve financial performance and support growth. This is an excellent opportunity for a seasoned financial professional looking to make a significant impact in a dynamic, fast-paced environment.
Key Responsibilities:
- Provide strategic financial leadership and advice to a diverse portfolio of law firms, each with their unique financial management needs.
- Oversee financial planning, budgeting, and forecasting for each firm, providing clear and accurate financial projections.
- Monitor and analyze financial performance, identifying trends, opportunities, and areas for improvement.
- Develop and implement effective cash flow management strategies, ensuring each firm's financial stability.
- Work with each firm to develop and track Key Performance Indicators (KPIs) to drive financial performance and profitability.
- Assist with practice management, including utilization and realization rate analysis, billing and collections optimization, and expense management.
- Conduct risk management assessments and provide guidance to mitigate financial risks.
- Ensure financial regulatory compliance across all firms.
- Work with each firm to select and implement financial software and tools to streamline financial processes.
- Provide M&A advisory services as needed.
- Prepare financial reports and present findings and recommendations to firm leaders and stakeholders.
Requirements
- Bachelor's degree in Finance, Accounting, or related field; MBA or relevant advanced degree is a plus.
- CPA or CFA designation strongly preferred.
- Minimum of 3 years as a fractional CFO for businesses doing $1M+ in revenue (law firm experience a plus), serving a minimum of 15 clients at a time.
- Must have served as CFO or Controller in a business doing $2.5M+ for at least 3 years.
- Proven experience in financial planning, analysis, and risk management.
- Strong understanding of legal industry-specific financial metrics and KPIs.
- Excellent leadership and team management skills with the ability to advise on strategy based on financials.
- Exceptional communication skills, with the ability to present complex financial information in a clear and concise manner.
- Proficiency with financial software and systems, including advanced Excel skills.
- Ability to handle multiple tasks, be extremely detail oriented and meet deadlines in a fast-paced environment.
- High level of integrity and dependability with a strong sense of urgency and results-orientation.
By joining our team, you'll have the opportunity to make a significant impact on the financial success of our law firms, helping them navigate the complex financial landscape of the legal industry. If you're a seasoned financial professional with a passion for the legal industry, we'd love to hear from you.
Benefits
WHAT'S IN IT FOR YOU?
An opportunity to be a part of the #1 Fastest Growing Legal Marketing & Coaching Company in the U.S.
Bonuses - Performance-based quarterly bonuses
UNLIMITED VACATION TIME (work hard, play hard)
BENEFITS Medical, dental, vision, life, & disability insurance for YOU and YOUR FAMILY
EDUCATION Team member education and learning budget (courses, events, books, etc.)and MUCH, MUCH MORE!
FUN Company activities, outings, and retreats
INVESTMENTS Simple IRA WITH a 3% Match
WORK STYLE WFH or come to the office, choice is yours!
The salary for this role is $80,000 - $120,000 annually.
SMB Team is a rapidly-growing marketing agency and coaching business for lawyers. After four years of 300% year-over-year growth, we have quickly become one of the top brands in the legal industry.
Bottom Line: We change lives. Want proof? Read our Google My Business reviews(link removed)>
There are three parts to our business:
Educational Brand: We currently run the most prominent talk show in the legal industry. Every week, we get hundreds of lawyers on our webinars by interviewing top thought leaders (as seen on our YouTube). The goal is to become THE source of education for lawyers.
Marketing Services: We offer a full suite of marketing services to our clients, including PPC, SEO, Website Design, Video, and Social Media management. Our goal is to scale our services business to over $15M in revenue in 2023.
Coaching Services: We have a rapidly-growing, Philadelphia-based coaching program for lawyers. In our first year, we built our coaching business into a multi-seven-figure business. Our program has been identified as the most comprehensive coaching program for attorneys, and we plan to double the size of our clients in the next year.
The SMB Team is an Equal Opportunity Employer. The policy of The SMB Team is to extend opportunities to qualified applicants and employees on an equal basis regardless of an individual's race, color, gender, age, national origin, religion, citizenship status, marital status, sexual orientation, gender identity, transgender status, physical or mental disability, protected veteran status, genetic information, pregnancy, or any other categories protected by applicable federal, state or local laws.
The SMB Team is an Equal Opportunity Employer - Minority/Female/Disabled/Protected Veterans
SMB Team
