LNM Financial Services

Fractional CFO for Law Firms

Remote, US$91,300-$111,000Posted 2 days ago

Job Description

Most law firm owners went to law school, not business school. They're great attorneys — and a lot of them are running a $2M firm off a bank balance and a gut feeling. That's where we come in.

Firmly Profits is a fractional CFO and bookkeeping firm built exclusively for law firms. We work with firms from $250K to $8M+ in revenue across personal injury, family law, immigration, bankruptcy and hourly billing. Our whole philosophy fits in one line: it's not about spending less. It's about spending correctly.

We're looking for a Fractional CFO to take on a book of law firm clients and become the person they call before they make a BIG decision.

What you'll actually do

  • Meet with your clients monthly or biweekly and walk them through their numbers in plain English
  • Build budgets starting with the owner's personal income goal and working backward
  • Benchmark firms against our 3 buckets framework and show them exactly where their money is going
  • Build cash reserve plans, debt payback plans and break-even numbers that owners actually use
  • Keep CFO reports, KPI dashboards and Firm Health Snapshots current for every client
  • Work alongside our bookkeeping team, plus each firm's CPA and coaches

What you won't do

  • Bookkeeping (we have a great team for that)
  • Tax prep or tax advice
  • Lecture anyone about their spending — we coach with data, not judgment

You're a fit if you have

  • 5+ years as a CFO, controller or fractional CFO
  • Hands-on QuickBooks Online experience
  • Experience juggling multiple clients at once
  • The ability to explain cash flow to an attorney without their eyes glazing over
  • Bonus points for law firm experience (especially personal injury), trust/IOLTA accounting or tools like Clio, CasePeer and Gusto

The details

  • Schedule: Full-time, 40 hours/week
  • Location: Remote, US-based (Florida preferred)
  • Type: W-2
  • Pay: $91,300–$111,000/year, based on experience
  • Reports to: Leah Miller, MBA, founder of Firmly Profits and a former PI firm CFO

How to apply

Send your resume and short answers to the 4 questions below to [email protected] with the subject line "Fractional CFO – [Your Name]". Applications without the answers won't be reviewed.

1. How many clients have you managed at once as a CFO or controller, and what size were they?

2. A PI firm owner says, "We had a record settlement month but I still can't make payroll." What are the first 3 things you look at?

3. Have you worked with law firms or trust/IOLTA accounts? Tell us briefly what you did.

4. What's your experience level with QuickBooks Online (1–10), and what other accounting or practice management tools have you used?

Pay: $91,300.00 - $111,000.00 per year

Benefits

* Paid time off

Work Location: Remote

Apply for this role

Keep looking

Similar Remote Executive Jobs