Chief Financial Officer

Flanagan - Bilton LLC • Chicago, IL

148d

About The Position

The CFO will be a key member of the executive leadership team, responsible for overseeing all financial aspects of the firm, including strategic planning, budgeting, financial reporting, compliance, and risk management. This role requires a strong understanding of law firm economics, partnerships, real estate taxation, investments, and financial leadership in a competitive professional services environment.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).
• Minimum 10 years of progressive financial leadership experience, preferably in a law firm or professional services environment.
• Strong knowledge of real estate tax law or experience working with real estate-focused clients.
• Proficiency in legal billing systems (e.g., Timeslips, Clio, QuickBooks, or similar) and financial software.
• Exceptional analytical, communication, and leadership skills.

Responsibilities

• Develop and execute financial strategies aligned with the firm’s goals.
• Advise the Managing Partners on financial planning, forecasting, and capital structure.
• Lead long-term financial planning and scenario modeling.
• Oversee accounting, billing, collections, payroll, and financial reporting.
• Ensure timely and accurate monthly, quarterly, and annual financial statements.
• Manage cash flow, budgeting, and expense control initiatives.
• Ensure compliance with federal, state, and local tax regulations, including real estate tax law nuances.
• Oversee audits, internal controls, and risk mitigation strategies.
• Liaise with external auditors, tax advisors, and financial institutions.
• Create, lead, manage, and mentor a small finance and accounting team.
• Foster a culture of accountability, transparency, and continuous improvement.
• Evaluate and implement financial systems and tools to improve efficiency.
• Collaborate with IT and operations to streamline financial workflows.

Benefits

• Competitive base salary with performance-based bonuses: Starting at $125k
• 120 hours of PTO after a 90-day probation period (unused hours are forfeited annually).
• Typically, 17+ paid holidays per year.
• Employer-paid medical, dental, vision, and basic life insurance premiums for the employee.
• 3% employer 401 (k) contribution after one year of employment.
• Business casual dress code, with exceptions based on assigned tasks.
• Team-oriented work environment.
• Annual performance reviews.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive