Fractional CFO

Company Description Firmly Profits provides fractional CFO and bookkeeping services tailored specifically to law firms. The company is led by a finance professional with over a decade of experience working inside law firms and supporting law firm owners with financial decision-making. Firmly Profits focuses on helping legal practices gain clarity around their finances so they can confidently reach and exceed their growth goals. Clients benefit from strategic financial guidance, structured bookkeeping, and actionable insights designed for the unique needs of law firm operations.
Role Description The Fractional CFO will provide strategic financial leadership to multiple law firm clients, with a focus on improving profitability, cash flow management, and long-term financial planning. Day-to-day responsibilities include analyzing financial statements, preparing forecasts and budgets, monitoring key performance indicators, and advising law firm owners on financial decisions and growth strategies. The role also involves overseeing bookkeeping processes, ensuring accurate and timely financial reporting, and collaborating with clients to refine pricing, staffing, and operational decisions based on financial data. This is a full-time remote role, requiring regular virtual meetings with clients, proactive communication, and the ability to manage several engagements simultaneously while maintaining high-quality service.
Qualifications
Strong financial planning, budgeting, and forecasting skills, with experience interpreting financial statements for small to mid-sized businesses.
Expertise in cash flow management, profitability analysis, and KPI development tailored to professional service firms.
Hands-on experience with bookkeeping, accounting systems, and financial reporting processes, preferably in law firm settings.
Ability to translate complex financial information into clear, actionable guidance for business owners.
Experience advising on pricing strategies, resource allocation, and growth planning in a service-based business environment.
Proficiency with accounting and finance software (e.g., QuickBooks or similar), spreadsheets, and data visualization tools.
Excellent communication, client management, and remote collaboration skills, with the ability to manage multiple client relationships.
Bachelor’s degree in Finance, Accounting, Business, or a related field; CPA, CMA, or similar credential is a plus.
Prior experience working with or within law firms, or professional services organizations, strongly preferred.
Demonstrated ability to work independently, exercise sound judgment, and maintain confidentiality of client information.

Skills
Accounting, QuickBooks

Work arrangement
Yes