Fractional CFO (Full Time Role)
Do you enjoy working with multiple clients at once? Do you like the idea of Fractional CFO work but don't want the hassle of running a business? SMB Team is seeking an internal, FULL TIME HIRE who can serve as part of our team of Fractional Financial Executives (Director of Finance/Controller) to our portfolio of law firm owner clients. The ideal candidate will have a strong understanding of financial management (preferably within the legal industry or other professional services industries) and the ability to provide strategic insights and guidance to improve financial performance and support growth. This is a hands-on, client-facing role. 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. BENEFITS – We pay for 75% of your Medical, Dental, Vision insurance for YOU and YOUR FAMILY. ☀️ FLEXIBLE VACATION TIME - We encourage you to take time to recharge so you can be your best here at work. EDUCATION – Team member education and learning budget on courses, events and books. FUN – Company activities, outings, and retreats. INVESTMENTS – 401(k) with a 3% Match. WORK STYLE – WFH or come to the office. The choice is yours! The salary for this role is $125,000 annually. Key Responsibilities:
- Provide strategic financial leadership and advice to a diverse portfolio of law firms, each with their unique financial management needs (minimum of 20 accounts)
- 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.
- Develop and implement effective cash flow management strategies to ensure 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.
- Work with each firm to select and implement financial software and tools to streamline financial processes.
- Prepare financial reports and present findings and recommendations for firm leaders and stakeholders.