We have a client seeking a Controller to lead the financial operations of our growing personal injury law firm. The Controller will oversee the accounting and finance functions, ensuring compliance, accuracy, and efficiency while supporting the firm’s strategic growth. This role requires a proactive leader with strong financial acumen, a deep understanding of law firm operations, and the ability to manage the unique aspects of contingency fee arrangements.
Key Responsibilities:
- Prepare and oversee monthly, quarterly, and annual financial statements.
- Ensure compliance with legal, regulatory, and ethical accounting standards.
- Manage and monitor firm cash flow, budgeting, and forecasting.
- Oversee accounts payable, accounts receivable, payroll, and trust accounting.
- Maintain accurate records of case settlements, contingency fee allocations, and client funds.
- Ensure timely reconciliation of bank accounts and trust accounts.
- Partner with leadership to analyze financial performance and identify opportunities for cost savings or revenue enhancement.
- Develop and implement financial strategies to support the firm’s growth goals.
- Ensure adherence to state bar regulations and ethical requirements concerning financial management.
- Prepare for and oversee external audits, providing necessary documentation and responses.
- Manage and mentor the accounting team, ensuring professional development and efficiency.
- Foster a collaborative and ethical workplace culture.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA preferred.
- Minimum of 7+ years of progressive experience in accounting or finance, with at least 1 year in a leadership role.
- Experience in a law firm or professional services environment, particularly with contingency fee structures.
- Strong knowledge of trust accounting, IOLTA compliance, and legal-specific financial practices.
- Proficiency in accounting software and tools (QuickBooks or Elite).
- Exceptional analytical, organizational, and problem-solving skills.
- Experience working with personal injury law firms or firms that handle high-volume settlements.
- Familiarity with legal practice management software and case management systems.
- Ability to communicate complex financial concepts to non-financial stakeholders.