The Controller is expected to provide leadership and vision with respect to the firm’s strategic planning process and goals, responsible for building and growing the team to support the finance and accounting function of the firm. Specific duties include financial forecasting, reporting and analysis, client billing and collections, budgeting and accounts payable. The Controller supervises and manages the accounting team and is responsible for the accuracy, reliability and integrity of the firm’s general ledger, accounting practices and financial data.
Duties and Responsibilities:
Responsible for cash management of the firm including ensuring adequate cash flow to meet the firm’s current and future financial obligations, financial forecasting and interpretation of financial information, reporting to firm leadership
Support the firm in enhancing its performance, competitive position and profitability by identifying and addressing critical factors affecting same
Analyze, approve and implement all accounting procedures and automated financial information systems improvements to drive best practices
Analyze internal operational issues affecting the firm as a whole and determine their financial impact
Review and implement new systems, methodologies and controls to enhance department efficiencies, safeguarding the financial assets of the firm and the security of financial records
Create internal financial reporting program to best educate firm leadership on firm finances
Establish budget program, coordinating budgeting and reporting on expenses against budget
Design and implement program for client billing and receivable collection
Prepare statements for auditors and assist outside Accountants in tax preparation
Maintain vendor/banking relationships
Train, coach, monitor and supervise accounting staff
Train and educate attorneys on financial systems
Ensure he firm is utilizing best industry practices with respect to finance and accounting functions
Strong internal and external communication skills, working with clients and employees with the highest levels of integrity and ethical standards
Strong written, verbal and presentation skills and ability to communicate effectively with co-workers and leadership
Ability to both analyze and synthesize and translate date into information
Adaptable, ability to lead and manage through change
Exhibits self-discipline and aims for achievement; is prepared, organized and dependable
Ability to see the underlying interrelationships and connections that drive activities through the firm and industry. Seeks learning and development toward opportunities.
Proactively provides regular, well-thought out, actionable feedback and career development opportunities to team. Actively seeks constructive feedback and opportunities to grow professionally.
Experience with law firm billing and accounting systems.
Client-service mentality and desire to provide superlative service to internal and external clients
The above statements are intended to describe the general nature and level of. They are not intended to be an exhaustive list of all responsibilities, duties and skills of personnel so classified.
Education and/or Experience:
Bachelor’s degree; CPA a plus.
5 years of accounting/finance experience in a professional services firm (law firm desired)
3 years people management experience (direct reports) in a professional services firm (law firm desired)
About HMB Legal Counsel
HMB Legal Counsel is a Chicago based law firm, specialized in a wide range of industries and collaborate to offer cross-disciplinary services which meet the unique nuances demanded by your industry. Our industry teams provide dynamic resources necessary to address the full scope of your industry-related business and legal needs.