Chief Financial Officer

The Colwell Law Group - Troy, MI

Full-time - Senior

Troy, MI

Professional, Scientific, and Technical Services

About the position

The Chief Financial Officer (CFO) at The Colwell Law Group is responsible for overseeing all financial operations and functions of the firm. This role is crucial for assessing financial risks and opportunities, managing the financial team, and setting financial goals that contribute to the firm's overall success. The CFO will play a key role in developing financial strategies, maximizing returns on investments, and ensuring compliance with regulations while fostering a collaborative and respectful work culture.

Responsibilities

• Develops financial well-being of the organization by providing financial projections and accounting services, preparing growth plans, and directing staff.
• Develops organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; and accumulating capital to fund expansion.
• Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans.
• Maximizes return on invested funds by identifying investment opportunities and maintaining relationships with the investment community.
• Updates job knowledge by remaining aware of new regulations, participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
• Supervises the financial reporting and budgeting team.

Requirements

• Bachelor's degree in a relevant discipline, master's degree, or MBA.
• Experience in a senior management position.
• Strong financial and accounting background, including an understanding of profit and loss, balance sheet and cash flow management, and general finance and budgeting.
• Proven negotiation skills.
• Experience with budget management, public accounting, and cash flow.
• Ability to inspire confidence and create trust.
• Ability to work under pressure, plan personal workload effectively, and delegate.
• Excellent leadership skills along with positive, effective communication skills.
• Must be able to pass a background check and have a valid NYS driver license.

Nice-to-haves

• CPA credentials highly sought over but not necessary.

Benefits

• Medical coverage with a national network and the firm pays for 75% of the Employee portion
• 401(k) retirement plan with a 4% matching
• Health, dental, vision/Rx, pet, Aflac, and life insurance policy options
• Company paid $50,000 Life Insurance Policy
• Paid time off: 1 week personal, 2 weeks vacation, and 7 paid holidays
• Collaborative management philosophy
• Professional, respectful, and diverse work culture