Chief Financial Officer

Flanagan - Bilton

  • Chicago, IL
  • $125,000 per year
  • Permanent
  • Full-time
  • 23 days ago
The CFO will be a key member of the executive leadership team, responsible for overseeing all financial aspects of the firm, including strategic planning, budgeting, financial reporting, compliance, and risk management. This role requires a strong understanding of law firm economics, real estate taxation, and financial leadership in a professional services environment.Duties and Responsibilities:Strategic Financial Leadership
  • Develop and execute financial strategies aligned with the firm’s goals.
  • Advise the Managing Partners on financial planning, forecasting, and capital structure.
  • Lead long-term financial planning and scenario modeling.
Financial Operations
  • Oversee accounting, billing, collections, payroll, and financial reporting.
  • Ensure timely and accurate monthly, quarterly, and annual financial statements.
  • Manage cash flow, budgeting, and expense control initiatives.
Compliance & Risk Management
  • Ensure compliance with federal, state, and local tax regulations, including real estate tax law nuances.
  • Oversee audits, internal controls, and risk mitigation strategies.
  • Liaise with external auditors, tax advisors, and financial institutions.
Team Leadership
  • Lead and mentor a small finance and accounting team.
  • Foster a culture of accountability, transparency, and continuous improvement.
Technology & Systems
  • Evaluate and implement financial systems and tools to improve efficiency.
  • Collaborate with IT and operations to streamline financial workflows.
Desired Skills:
  • Bachelor’s degree in Accounting, Finance, or related field (MBA or CPA preferred).
  • Minimum 10 years of progressive financial leadership experience, preferably in a law firm or professional services environment.
  • Strong knowledge of real estate tax law or experience working with real estate-focused clients.
  • Proficiency in legal billing systems (e.g., Timeslips, Clio, QuickBooks, or similar) and financial software.
  • Exceptional analytical, communication, and leadership skills.
Compensation and Benefits:
  • Competitive base salary with performance-based bonuses: Starting at $125k
  • 120 hours of PTO after a 90-day probation period (unused hours are forfeited annually).
  • Typically, 17+ paid holidays per year.
  • Employer-paid medical, dental, vision, and basic life insurance premiums for the employee.
  • 3% employer 401k contribution after one year of employment.
  • Business casual dress code, with exceptions based on assigned tasks.
  • Team-oriented work environment.
  • Annual performance reviews.
Additional Information:This job description outlines the primary duties and qualifications for the CFO role. It is not an exhaustive list of all responsibilities, and duties may evolve to meet the needs of the firm. A pre-employment background check is required.This position offers the opportunity to lead financial operations for an established firm with growth potential.

Flanagan - Bilton