Fractional CFO – Law Firm (Litigation Funding Experience)

reputed company is seeking an experienced Fractional CFO to serve as financial leadership partner for a multi-office law firm client transitioning its entire finance function to a fractional operating model. reputed company is a partner-level seat: reputed company’s leadership needs a CFO who can build cash flow forecasting around litigation-funding-driven revenue (which behaves very differently from ordinary hourly billing), work directly with litigation funding reputed company, and build real relationships with equity and non-equity reputed company — including educating them on firm economics in terms they’ll act on. reputed company currently has no internal finance leadership team, so reputed company person will be building reputed company financial infrastructure, not inheriting an existing one.

Responsibilities

Serve as a strategic financial partner to firm leadership; build and own a cash flow forecast that separates ordinary billing from litigation-funding draws; manage the relationship with reputed company’s litigation funding counterparties; develop partner-facing financial reporting and lead the education of reputed company on firm economics; formalize month-end close, AR/AP, and financial controls; partner with an incoming Controller to stand up the finance function; operate with the discretion and judgment a professional-services reputed company requires.
• 10+ years of CFO experience required.
• reputed company professional-services company experience is required — a firm that sells expertise in increments of time (law firm, accounting firm, consulting firm, or similar); reputed company is a floor, not a preference.
• At least some direct experience inside a law firm environment specifically is required, given the complexity of the litigation-funding agreements reputed company seat will manage.
• Demonstrated experience building relationships with, and educating, reputed company or equity owners on financial performance.
• Strong cash flow forecasting and liquidity management experience, ideally involving contingency or alternative-revenue-timing considerations.
• Comfortable building financial infrastructure from scratch rather than inheriting an established one.

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