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Chief Financial Officer

Company:
Addition Management
Location:
Miami, FL, 33125
Pay:
300000USD - 400000USD per year
Posted:
June 22, 2025
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Description:

Job Description

Position: Chief Financial Officer

Location:Miami, FL

Salary:$300k - $400k + Bonus

POSITION SNAPSHOT

The Chief Financial Officer will be responsible for the overall financial management of the Firm, including day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities, and will be a critical member of the firms leadership team. This will include all personnel and departments responsible for accounting, finance, forecasting, budgeting, financial analysis, payroll, and institutional financing. The CFO will report to the Firms COO, Managing Partner, and Executive Committee. The CFO will work closely with and support the firms other committees, including the firms audit, budget, and distribution committees, as well as other members of the firm's management.

RESPONSIBILITIES

Manage the preparation and communication of weekly, monthly, quarterly, and annual financial statements.

Manage the month-end close process, constantly reviewingstaff and departmentprocedures while eliminating inefficiencies.

Manageall month-end closing activities, including general ledger accounts, balance sheet accounts, and overhead cost allocation.

Attend partnership meetingsand report on financial issuesas required.

Provide regular and timely analysis regarding profitability and revenues to accomplish effective business planning and evaluation.

Proactively initiate and participate in finance and business planning discussions at the partner, Firm, and Practice Group levels.

Oversee the budgeting and forecasting process, including developing and monitoring annual operating and capital budgets and business plans, keeping management informed of relevant variances, and recommending modifications to ensure compliance with parameters established to maximize profitability and firm stability.

Serve as a strategic business partner and trusted advisor to the firms COO, Managing Partner, Executive Committee, and firm leadership by regularly analyzing and evaluating operational issues and industry and competitive conditions.

Enhance and implement financial and accounting systems(Aderant Sierra), processes, tools, and control systems, business intelligence systems, electronic billing systems, accounts payable/receivables systems, and time entry systems.

Manage cash flow planning process and ensure funds availability.

Overseeand help manageweekly, monthly, and yearlycash management.

Support outstanding banking relationships and strategic alliances with vendors and business partners.

Review and analyze monthly financial results and provide recommendations.

Create and establish yearly financial objectives that align with the firmsplan for growth and expansion.

Assess and evaluate the firms financial performance concerning long-term goals, budgets, and forecasts.

Manage processes for financial forecasting, budgets, and reports to Firm management.

Develop and maintain the monthly operating budget and annual operating budget.

Provide leadership continuously for short and long-term strategic financial objectives.

Review and ensure the application of appropriate internal controls, financial procedures, and risk management procedures, including the firms insurance coverages.

Provide recommendations to enhance financial performance and business opportunities strategically.

Ensure that adequate internal controls are established and that compliance with relevant financial accounting standards and federal, state, and local regulatory and tax reporting laws is sustained.

Serve as a key point of contact for external auditors; Manage the preparation and support of all external audits.

QUALIFICATIONS

CPA is required.

Minimum of 10 years of experience in senior administrative roles for sophisticated law firms.

AderantSierralegal software experience required.

Demonstrated experience identifying organizational needs and driving change positively that ensures consistently high client service, even during changes in process or procedure.

Managerial/supervisoryandlean six sigma or process improvementexperience.

Knowledge of applicable local, state, and federaltax and bankingrules and laws.

Familiarization with PCI 4.0 requirements.

Full-time

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