What are the responsibilities and job description for the Controller position at Harrison LLP?
Harrison LLP is a premier national wealth planning law firm focused on providing sophisticated legal advice, exceptional client service, and innovative solutions. Our deep bench of wealth planning attorneys team up with attorneys from all areas of expertise to service the full range of clients’ personal and business needs.
Job Summary
We are seeking a highly motivated and detail-oriented Controller to join our national law firm. The Controller will oversee the firm’s accounting operations, manage financial reporting, ensure compliance with regulatory requirements, and collaborate with the Director of Finance to drive strategic financial initiatives. The ideal candidate will have a deep understanding of law firm accounting, strong leadership skills, and the ability to thrive in a fast-paced, professional environment. Additionally, you will collaborate closely with the firm's partners and management team to develop and implement strategies to optimize financial performance and support strategic decision-making.
Key Responsibilities
Job Summary
We are seeking a highly motivated and detail-oriented Controller to join our national law firm. The Controller will oversee the firm’s accounting operations, manage financial reporting, ensure compliance with regulatory requirements, and collaborate with the Director of Finance to drive strategic financial initiatives. The ideal candidate will have a deep understanding of law firm accounting, strong leadership skills, and the ability to thrive in a fast-paced, professional environment. Additionally, you will collaborate closely with the firm's partners and management team to develop and implement strategies to optimize financial performance and support strategic decision-making.
Key Responsibilities
- Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
- Develop annual budgets and financial forecasts in collaboration with department heads and firm leadership.
- Monitor budget performance and analyze variances to ensure financial goals are met.
- Adjust forecasts and budgets as needed in response to changing business conditions.
- Manage cash flow to ensure adequate liquidity for ongoing operations and strategic initiatives.
- Monitor accounts receivable and accounts payable to optimize cash conversion cycle.
- Manage the firm’s banking relationships, including the negotiation of lines of credit or loans as necessary.
- Implement cash management strategies to maximize returns on excess cash balances.
- Ensure compliance with relevant accounting standards, regulations, and tax laws.
- Coordinate financial audits and liaise with external auditors as needed.
- Maintain internal controls to safeguard firm assets and mitigate financial risks.
- Identify opportunities to streamline financial processes and enhance efficiency.
- Implement best practices in financial reporting, budgeting, and analysis.
- Leverage technology to automate routine tasks and improve data accuracy.
- Supervise and mentor accounting staff, fostering a culture of excellence and continuous improvement.
- Provide guidance and training to ensure team members have the skills and resources needed to succeed.
- Promote collaboration and cross-functional teamwork to achieve departmental and firm-wide goals.
- Bachelor's degree in accounting, finance, or related field; CPA or CMA certification preferred.
- Minimum of 7 years of experience in a financial management role, preferably in a law firm or professional services environment.
- Strong understanding of financial principles, accounting standards, and regulatory requirements.
- Proficiency in financial modeling, analysis, and forecasting techniques.
- Excellent communication and interpersonal skills, with the ability to convey complex financial information to non-financial stakeholders.
- Demonstrated leadership abilities with a track record of building and motivating high-performing teams.
- Detail-oriented with a commitment to accuracy and integrity in financial reporting and analysis.
Salary : $130,000 - $160,000