NOW HIRING - Small Business Chief Financial Officer / Controller - Fractional CFO

How to Manage a Small Law Firm•Miami, FL

84d•$110,000 - $182,000•Remote

About The Position

We are seeking a thoughtful, considerate, and insightful individual to serve as a Fractional CFO for small business owners. The role involves helping clients understand, interpret, and make informed decisions based on their financial statements, rather than relying on emotions. This position requires educating clients, connecting their financials to their motivations, and guiding them toward achieving their personal, professional, and financial goals. The ideal candidate will be willing to question client beliefs, challenge assumptions, and use life experiences and humor to help clients explore options and chart a course for a better future. Experience in handling client fear of advice and understanding that action is necessary for results is crucial. The role demands strong communication skills, enthusiasm, creative problem-solving, and a 100% personal responsibility mindset with a bias for growth, recognizing that prosperity comes from investment, not just cost-cutting. The ability to read, interpret, analyze, explain financial statements, and identify problems and opportunities is essential. This includes addressing unacceptable variances with bookkeepers and guiding them on how to fix issues to produce usable financial data for trend spotting and decision-making. How To Manage A Small Law Firm provides C-Suite services (CEO, COO, CFO, CMO) and Controllership services to over 500 fast-growing small law firms across the country, primarily those with gross revenues under $10MM, and over half under $1MM. Clients pay a monthly retainer for various service packages based on their growth stage and ambition. As a fractional/timeshare CFO, you will work remotely from your home office with up to 30 clients, meeting with each three times a month, totaling approximately 60 hours of client-facing time monthly. Additional time will be spent on individual client file preparation and analysis, team meetings, and advisor meetings. The expected annual workload is 1,700-1,900 hours, equating to a 40-45 hour work week with significant flexibility. Travel for quarterly client gatherings is optional unless performance warrants it for training. In client meetings, you will function as the CFO, analyzing financials, identifying issues, presenting options, holding clients accountable for actions, and helping them find the courage and commitment to execute plans, even when intimidating.

Requirements

Thoughtful, considerate, and insightful human being.
Ability to educate, 'break it down', and connect the dots between financials, motivations, and decisions.
Willingness to question client beliefs, challenge stories, and test assumptions.
Experience not taking client fear of advice personally.
Understanding that 'just explaining things' is not enough; action is required for results.
Great communicator and enthusiastic team player.
Creative problem solver who takes 100% personal responsibility.
Ability to look for and find opportunities in every problem.
Bias for growth, understanding that prosperity comes from investment, not cost-cutting.
Ability to read, interpret, analyze, explain, and spot problems and opportunities in financials.
Ability to go toe-to-toe with bookkeepers about bank reconciliation variances and explain how to fix them.
Business degree, preferably with an emphasis in accounting or finance.
Hands-on experience advising under-capitalized and financially illiterate small business owners.
Ability to spot and explain sources & uses of cash in plain English.
Ability to recognize risks of non-compliance with federal & state remittances based on balance sheet trends.
Ability to identify deficiencies in P&L performance, present corrective approaches, and hold clients accountable.
Hands-on FP&A experience.
Ability to execute day-to-day tactics that make strategies real.
Ability to assess the completeness and integrity of data in client systems.
Ability to persuade clients to invest in best practices regarding financial controls.
Must not be a QuickBooks operator only.
Must not expect to delegate all down & dirty analysis to someone else.
Must not want to be writing a textbook on accounting theory.
Must not thrive only in a highly structured 'corporate' environment.
Must have rolled-up sleeves and found ways to make things work in a start-up environment.
Must be able to 'roll with the punches' and possess a sense of humor.
Must be able to read a budget variance for fun.
Must find a trend report 'very exciting'.
Must feel tingles up their spine creating a cash flow forecast.
Must be able to live in AZ, CO, FL, GA, IL, MD, MI, NC, NJ, NY, PA, TX, VA, WA.

Nice To Haves

Prior law firm management experience is not required, but knowledge that law firms are businesses is a bonus.
High degree of emotional intelligence.
Experience with the book 'Profit First For Lawyers'.

Responsibilities

Educate small business owners on interpreting financial statements.
Connect client financials to their motivations and goals.
Challenge client assumptions and explore options for a better future.
Analyze, interpret, and explain financial statements to identify problems and opportunities.
Address and resolve unacceptable variances with bookkeepers.
Guide bookkeepers on fixing financial problems to ensure accurate data.
Help clients make better decisions and take action based on financial insights.
Function as the CFO for assigned law firm clients.
Analyze and interpret client financials to identify issues and opportunities.
Present financial insights and options to clients.
Hold clients accountable for taking agreed-upon actions.
Help clients find the courage, clarity, and commitment to execute plans.

Benefits

Medical, dental & vision for you & your family (covered at 75%).
Short-term & long-term disability insurance (at no cost).
Up to 3.5% match on 401K.
Pet insurance.
Legal coverage.
E.A.P. program.
Unlimited PTO.
Opportunities for personal & professional growth (paid for by clients, free for employee).
Company closed for the week of Thanksgiving.
One additional week off per year required to be scheduled.