A national law firm primarily focusing on complex commercial litigation is seeking a Director of Finance for the NY office.
The hire would be responsible for planning, organizing, directing and controlling the day-to-day business operations of the Firm, and for directing the implementation of the Firm’s business policies.
Responsibilities and Duties:
Coach/manage/lead accounting functions – direct daily activities, make improvements in financial operations.
Improve effectiveness and efficiency of company systems and processes.
Monitor cash ensuring sufficient cash balances for operational needs and arranging for debt financing when necessary.
Provide financial leadership to the entire organization through the development of advanced systems and reports.
Develop and maintain growth and cash flow models to assist leadership with strategic decisions.
Direct the financial affairs of the organization and prepare financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management.
Develop and oversee the implementation of financial policies, procedures and long and short-term strategies.
Ensure effective financial controls, and accurate, timely reporting.
Oversee and participate in annual budget preparation.
Review revenue and expense trends and communicate any adverse trend results to management, make recommendations for improvement and/or correction.
Present financial results at Management Committee and Partner Meetings.
Oversee billing/collection process to ensure minimal investment in WIP A/R.
Oversee financial operations and the issuance and interpretation of financial results of affiliate companies.
Direct and manage the activities and workload of the firm’s administrative staff, consultants, and vendors.
Ensure that the administrative departments are well managed and working to achieve goals in an efficient and productive manner, especially providing excellent service to clients internal and external.
Research and recommend purchase, lease or rental of necessary office equipment. Negotiate contracts with vendors.
Ensure the firm is adequately covered for various types of liability insurance including professional liability, general liability, employee dishonesty, worker’s compensation, facilities, errors and omissions, notary public, fiduciary, employment practices, directory and officer, cyber, etc. Assist with the handling of all claims for any of the above and work with vendors to ensure the best cost/benefit coverage for the firm.
Direct preparation and maintenance of Business, IT and Technology based policies and procedures; oversee implementation and monitoring of said procedures
Qualifications and Skills
BS/BA degree in Accounting or Finance is required (MBA or CPA preferred).
Working knowledge of manual and automated accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage operations and applications.
Well-developed interpersonal skills. Ability to get along well with diverse personalities; tactful, mature, and flexible.
Ability to operate independently and ‘self-manage’ projects.
Strong analytical and reasoning abilities.
Participative management style, advocates team concept.
High energy level, comfortable performing multifaceted projects in conjunction with normal activities.
Excellent written and verbal communication skills.