Legal Staff Accounting/Finance in Wilmington, NC

Law Firm

Wilmington, NC

Legal Staff Accounting/Finance in Wilmington, NC

Legal Staff

No

Job Title: Chief Financial Officer

Job Responsibilities:
- Develop and maintain financial models, forecasts, and budgets to guide business decisions.
- Analyze financial data and key performance indicators (KPIs) to identify trends, opportunities, and risks.
- Provide strategic recommendations to optimize financial performance and support growth initiatives.
- Oversee accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
- Ensure compliance with local, state, and federal regulatory requirements, such as business licensure and asset registration.
- Apply knowledge of Generally Accepted Accounting Principles (GAAP) in daily operations.
- Familiarize with local, state, and federal tax laws and consult with advisors like CPAs and business law attorneys.
- Coordinate external audits and manage relationships with auditors, tax advisors, and regulatory authorities.
- Work with the President/CEO to monitor cash flow projections and manage liquidity to meet financial obligations.
- Implement effective cash management strategies to optimize working capital and minimize financial risks.
- Evaluate financing options and negotiate terms with lenders to support capital needs.
- Identify, assess, and mitigate financial risks.
- Establish and maintain internal controls to safeguard company assets and ensure compliance with policies and procedures.
- Develop contingency plans and scenario analyses to address potential threats to financial stability.
- Collaborate with senior management to develop strategic plans and long-term financial objectives.
- Provide financial analysis and insights to support business initiatives, investments, and acquisitions.
- Evaluate capital allocation decisions and assess the financial impact of strategic opportunities.
- Foster a culture of collaboration, accountability, integrity, and continuous improvement within the finance department.
- Collaborate with cross-functional teams to drive alignment and achieve business objectives.
- Travel may be required.

Education and Experience Information:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field is required; an MBA or CPA is a plus.
- Proven experience as a CFO, VP of Finance, or senior finance executive in a small to mid-sized company.
- Strong financial, analytical, and business acumen.
- Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
- Strategic thinking and problem-solving abilities, with a track record of driving financial improvements and results.
- Strong relationship-building skills and the ability to engage diverse stakeholders.
- Proficiency in financial analysis tools, accounting systems, and Microsoft Excel.
- Knowledge of regulatory compliance, financial reporting standards, and best practices in corporate governance.

Salary Information:
- Competitive salary and bonus program.
- Additional benefits include medical and dental plan options, virtual healthcare access, and a 401k plan with employer match.
- Disability and life insurance options, along with paid holidays and time-off.
- Employer-paid Employee Assistance Program and Benefits Assistance/Advocacy Program.

Legal Terminology:
- Compliance with local, state, and federal regulatory requirements is essential.
- Understanding and application of GAAP principles are necessary.
- Familiarity with tax laws and the ability to consult with retained advisors is required.
- Establishment and maintenance of internal controls to safeguard assets and ensure compliance with policies and procedures.

Additional Information:
- Background checks will be conducted on all final candidates.
- The law firm is an Equal Opportunity Employer.
- The work environment is inclusive and diverse, fostering a positive and team-driven culture.
- Innovative technology and case management systems are utilized to support the role.

This summary provides an overview of the responsibilities, qualifications, and benefits associated with the Chief Financial Officer position at the law firm. Candidates should be aware of the legal and regulatory compliance aspects of the role and be prepared for potential travel requirements.