Chief Financial Officer (CFO)
Department: Management
Employment Type: Full Time
Location: California
Compensation: $150,000 - $275,000 / year
Description
We are a high-performing, fast-growing personal injury law firm located in the heart of Newport Beach, dedicated to fighting for justice on behalf of injured clients. Our firm is known for exceptional results, a client-centered approach, and a strong culture of professionalism and accountability. We are seeking a strategic, experienced, and results-driven Chief Financial Officer to lead our financial operations and support continued growth.
The CFO will oversee all aspects of financial strategy, reporting, planning, and operations. This role requires a strong background in law firm or professional services finance, with a strategic mindset and hands-on leadership. The CFO will work closely with the owner and executive team to develop financial strategies that enhance firm profitability, ensure operational efficiency, and support long-term growth.
Responsibilities:
- Develop and implement financial strategies aligned with firm goals.
- Manage budgeting, forecasting, and financial analysis.
- Oversee cash flow management, trust accounting, and cost control.
- Lead monthly, quarterly, and annual financial reporting.
- Ensure compliance with all regulatory requirements, including IOLTA rules.
- Collaborate with partners on compensation planning, KPIs, and case profitability.
- Optimize billing, collections, financial systems and software.
- Manage relationships with banks, vendors, auditors, and insurance providers.
- Supervise and develop a finance team, including bookkeepers and analysts.
- Participate in external strategic engagements, including industry events and speaking opportunities.
- Identify and recommend strategies to mitigate financial risks and manage all insurance policies.
- Respond to inquiries from financial partners and stakeholders.
- Provide strategic insight for growth initiatives, M&A opportunities, and new practice areas.
Qualifications:
- Bachelor's degree in accounting, finance, or a related field is required; CPA or MBA strongly preferred.
- Must have prior experience in a personal injury law firm setting, with working knowledge of marketing costs, operational expenditures, and revenue models specific to the industry.
- Proven experience in data-driven performance analysis, including tracking and interpreting costs vs. returns across departments and individual staff in personal injury casework.
- Strong knowledge of legal accounting, trust/IOLTA compliance, and case-based financial modeling.
- Proficient in legal practice management and accounting software (e.g., Clio, QuickBooks, NetDocuments).
- Excellent analytical, communication, and leadership skills.
- Strategic thinker with the ability to execute tactical plans.
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Vision insurance
- Life insurance
- Paid time off
