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Organization TypeLaw Firm
Years of Experience
Date Last Verified
Director of Financial Practice Management The candidate will be responsible for managing the financial and accounting functions of the Practice Groups. Works closely with the Chief Financial Officer, Chief Operating Officer/Executive Director, Director of Legal Practice Management, Managing Partner and Practice Group Leaders to help execute strategic decisions and assist in developing and implementing financial business plans for practice groups. Responsible for supporting the Chief Financial Officer in achieving firm goals and objectives by managing many financial and accounting functions of the firm including financial analysis and forecasting, developing budgets, billing and collections and providing financial management advice. Provides financial projections, analysis and growth plans for practice groups in line with organizational objectives. Participates in the development of the firm's financial plans and programs as a strategic partner. Collaborates with other stakeholders on financial strategic planning by studying economic trends and revenue opportunities. Monitors practice group financial performance by measuring, analyzing and reporting results. Reports financial status by developing forecasts, reporting results, analyzing variances and developing improvements. Provides strategic financial input and leadership on decision making issues affecting the firm; i.e. evaluation of potential alliances, acquisitions and/or mergers. Establishes and reports on financial controls and guidelines that optimize cost effectiveness and profitability. Researches, analyzes and recommends improvements in financial systems and reports. Assists CFO and COO/Executive Director with financial management and analysis as needed. Assists PGL's with the review, preparation and analysis of their group's financial information, budget process and billing rates. Assist PGL's with the financial evaluation of lateral attorney candidates through business analysis and conflict processes. Should have knowledge of business and management administration at a level normally acquired through completion of a Bachelor's degree in Business or equivalent. Master's degree in Business Administration and/or Accounting strongly preferred. Must have 5+ years of progressively more responsible work experience with legal or other professional service organization in order to gain experience in managing the firm's financial activities. Prior experience within a law firm environment is strongly preferred.
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