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Chief Financial Officer

Flanagan - Bilton LLC
Chicago, IL Full Time
POSTED ON 1/19/2026 CLOSED ON 3/18/2026

What are the responsibilities and job description for the Chief Financial Officer position at Flanagan - Bilton LLC?

The CFO will be a key member of the executive leadership team, responsible for overseeing all financial aspects of the firm, including strategic planning, budgeting, financial reporting, compliance, and risk management. This role requires a strong understanding of law firm economics, partnerships, real estate taxation, investments, and financial leadership in a competitive professional services environment.

Duties and Responsibilities:

Strategic Financial Leadership

  • Develop and execute financial strategies aligned with the firm’s goals.
  • Advise the Managing Partners on financial planning, forecasting, and capital structure.
  • Lead long-term financial planning and scenario modeling.

Financial Operations

  • Oversee accounting, billing, collections, payroll, and financial reporting.
  • Ensure timely and accurate monthly, quarterly, and annual financial statements.
  • Manage cash flow, budgeting, and expense control initiatives.

Compliance & Risk Management

  • Ensure compliance with federal, state, and local tax regulations, including real estate tax law nuances.
  • Oversee audits, internal controls, and risk mitigation strategies.
  • Liaise with external auditors, tax advisors, and financial institutions.

Team Leadership

  • Create, lead, manage, and mentor a small finance and accounting team.
  • Foster a culture of accountability, transparency, and continuous improvement.

Technology & Systems

  • Evaluate and implement financial systems and tools to improve efficiency.
  • Collaborate with IT and operations to streamline financial workflows.

Desired Skills:

  • Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).
  • Minimum 10 years of progressive financial leadership experience, preferably in a law firm or professional services environment.
  • Strong knowledge of real estate tax law or experience working with real estate-focused clients.
  • Proficiency in legal billing systems (e.g., Timeslips, Clio, QuickBooks, or similar) and financial software.
  • Exceptional analytical, communication, and leadership skills.

Compensation and Benefits:

  • Competitive base salary with performance-based bonuses: Starting at $125k
  • 120 hours of PTO after a 90-day probation period (unused hours are forfeited annually).
  • Typically, 17 paid holidays per year.
  • Employer-paid medical, dental, vision, and basic life insurance premiums for the employee.
  • 3% employer 401 (k) contribution after one year of employment.
  • Business casual dress code, with exceptions based on assigned tasks.
  • Team-oriented work environment.
  • Annual performance reviews.

Additional Information:

This job description outlines the primary duties and qualifications for the CFO role; however, it is not an exhaustive list. 

A pre-employment background check is required.

Salary : $125,000

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