Law Firm Finance Director
Frontline Source GroupA multi-office Texas law firm is hiring a Law Firm Finance Director to serve as the firm's senior financial executive, responsible for financial integrity, profitability, compliance, and long term financial strategy across multiple Texas offices. Candidates must be comfortable traveling to the Waco, TX office monthly.
Financial Oversight and Reporting
- Oversee all accounting operations across multiple offices
- Supervise bookkeeping and the integrity of QuickBooks data
- Maintain expert-level proficiency in QuickBooks
- Oversee LeanLaw billing integration and financial reporting
- Review monthly, quarterly, and annual financial statements
- Develop financial forecasts, budgets, and long term financial strategies
- Monitor profitability by practice area, office, and attorney
- Establish and manage internal financial controls
Billing, Invoicing, and Revenue Cycle Management
- Oversee firmwide invoicing processes using LeanLaw
- Maintain accurate time entry, billing accuracy, and prompt invoice issuance
- Monitor accounts receivable and aging reports
- Develop and enforce collections strategies
- Analyze realization and utilization rates
- Improve billing efficiency and revenue capture
IOLTA Compliance and Contingent Case Expense Management
- Maintain strict compliance with Texas IOLTA accounting rules
- Oversee client account reconciliations
- Supervise contingent fee disbursements
- Maintain compliance with Texas Bar and regulatory requirements
- Oversee tracking and reporting of contingent case costs
- Monitor case related advances and expense recovery
- Confirm accurate allocation and reimbursement of case expenses
- Analyze contingent case profitability and cash flow exposure
- Develop financial models for contingent case risk assessment
Budgeting, KPIs, and Operations
- Manage operational budgets to promote firm profitability
- Develop and monitor firmwide financial KPIs
- Conduct data analysis and financial performance reviews
- Present financial performance reports to firm leadership
- Identify cost control and efficiency opportunities
- Implement financial best practices aligned with industry standards
- Oversee Accounts Payable as a direct report
- Set and measure strategic operational goals and long term business growth strategies
- Develop and enforce financial and operational policies
- Provide constructive feedback to attorneys and managers regarding financial performance
- Manage vendor and external partner relationships
- Collaborate with HR leadership on compliance and employment matters, with working knowledge of Texas employment and labor laws
Requirements
- Bachelor's degree in Business Administration, Finance, Accounting, or a related field
- Minimum 5 years of law firm financial leadership experience
- Extensive hands-on experience with QuickBooks
- Experience using legal billing software
- Direct experience managing law firm invoicing and collections
- Demonstrated expertise in IOLTA trust accounting compliance
- Experience managing contingent case expenses and financial risk
- Strong background in budgeting, financial modeling, and performance analytics
- Knowledge of legal industry regulations, rules, and best practices
- Comfortable traveling to the Waco, TX office monthly
Preferred qualifications
- CPA preferred but not required
Benefits
- Competitive salary, negotiable based on experience
- BCBS health insurance
- 401(k) retirement plan
- Discretionary bonus opportunities
Apply through Frontline Source Group at frontlinesourcegroup.com/how-to-apply.html. Candidates never pay a fee.
Job Type
- Job Type
- Full Time
- Location
- Waco, TX
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