Outsourced CFO – Profitability Advisor, Small Law Firms

This is a fully remote position, open to applicants in Arizona, +21 more locations.

📋 Description

• Act as the financial authority and trusted consultant for a portfolio of individual and small law firm proprietors

• Evaluate pricing, profit margins, utilization rates, collections, and cash flow

• Develop financial models, forecasts, cash flow strategies, and KPI dashboards utilizing provided templates and tools

• Counsel clients on hiring practices, pricing strategies, capacity planning, and decisions for profitable growth

• Define financial priorities collaboratively with each owner

• Ensure accountability among clients and assist in transforming recommendations into tangible improvements

• Gradually establish a client base of up to 30 clients within the initial four months

• Facilitate monthly advisory sessions and quarterly in-depth analyses for each client

⛳️ Requirements

• Over 8 years of experience in finance, including advising various small business owners on pricing, profitability, and cash flow

• Background in fractional, outsourced, or virtual CFO roles

• Experience providing client advisory services (CAS) at a CPA firm, in roles such as advisory manager, senior manager, or director

• Experience at an outsourced accounting or CFO firm focused on small businesses

• Finance leadership experience at a professional services firm while advising external clients

• Practical experience in financial modeling

• Demonstrated success in enhancing a client's profit, pricing, or margins, with quantifiable results

• Capability to articulate financial concepts in simple terms for non-financial owners

• Familiarity with professional service metrics such as utilization, realization, capacity, and revenue per employee is highly desirable

• Profit First certification or a similar methodology is a significant advantage

• Must reside in AZ, CO, FL, GA, ID, IL, LA, MD, MI, MO, NC, NE, NJ, NY, OH, OR, PA, TN, TX, VA, WA, or WV

• Must possess authorization to work in the U.S. without the need for sponsorship

• Outside consulting engagements with clients are prohibited

• Willingness to participate in a brief, hands-on interview working session

🏝️ Benefits

• $200 monthly compensation for each client served

• Medical, dental, and vision insurance with 75% covered by the employer

• 401(k) matching

• Unlimited paid time off (PTO)

• Fully remote work environment

• Occasional travel to U.S. events a few times annually