[Remote] Financial Controller - Industrial Services Industry at Teamshares

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Industrial Services, Building Materials, Light Manufacturing, Landscaping, Plumbing, DistributionIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or related field (CPA preferred)
5+ years of experience in a Controller or Senior Accounting role
Proven experience in the industrial services industry (e.g., building materials and products for residential and commercial, light-manufacturing, landscaping, plumbing, distribution and equipment)
Background in small to medium-sized businesses; fractional or outsourced accounting experience a plus
Tech-savvy and resourceful; comfortable in remote, fast-moving environments
Proficiency in QuickBooks Online, POS systems, and Excel
Working knowledge of US GAAP
Proactive, hands-on mindset thriving in fast-paced, dynamic small business environments
Strong communicator able to translate complex financial concepts to non-financial audiences
Self-starter comfortable working independently, managing multiple priorities, and hands-on involvement

Responsibilities

Serve as a trusted advisor to company presidents and employee-owners in industrial services companies, tailoring financial insights to operational needs
Leverage hands-on experience in industrial services operations to guide cost control, product margin analysis, vendor management, and inventory forecasting
Translate complex financial data into actionable recommendations supporting short- and long-term strategic decisions
Lead full-cycle accounting operations including A/P, A/R, GL, inventory accounting, revenue recognition, and payroll
Manage month-end and year-end closes, including reconciliations, accruals, fixed assets, and deferred revenue adjustments
Oversee inventory accounting and product costing, ensuring accurate valuation and minimizing waste or shrinkage
Maintain a 13-week cash flow forecast and recommend solutions to optimize working capital
Prepare trial balances, variance analyses, and financial reporting dashboards using OneStream or similar platforms
Collaborate with company leadership on budgets, quarterly planning, and long-term strategic initiatives
Deliver KPIs reflecting operational performance, such as margin trends and other relevant metrics
Identify and implement process improvements across accounting systems, POS integrations, and reporting workflows
Assist in developing internal controls and documenting financial procedures specific to industrial services environments
Streamline inventory management practices, including multi-location stock and adjustments

Skills

Financial Reporting

Full Accounting Cycle

Inventory Management

Cost Control

Financial Analysis

Strategic Planning

Vendor Management

GAAP

ERP Systems

Budgeting

Forecasting

Profitability Analysis

Teamshares

Facilitates employee ownership of small businesses

About Teamshares

Teamshares facilitates employee ownership of small businesses, focusing on those whose owners are nearing retirement. The company purchases these businesses and gradually transfers ownership to the employees, starting with 10% of the stock and increasing to 80% over 20 years. This approach helps maintain business continuity and prevents job losses that can occur when a business is sold to an outside buyer. Teamshares generates revenue from the profits of the businesses it acquires and also offers proprietary software, education, and financial products. By promoting employee ownership, Teamshares not only supports the financial stability of employees but also strengthens the local economy by preserving small businesses. The company differentiates itself by recruiting mission-driven leaders for the acquired businesses and providing them with extensive training.

New York City, New YorkHeadquarters

2019Year Founded

$214.3MTotal Funding

DEBTCompany Stage

Fintech, Social ImpactIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Company Match

401(k) Retirement Plan

Profit Sharing

Paid Parental Leave

Risks

Expansion into Japan may expose Teamshares to unfamiliar regulatory environments.

Increased competition from platforms like SKROL could challenge Teamshares' market position.

Reliance on debt financing could increase financial risk if businesses underperform.

Differentiation

Teamshares is a market leader in small business employee ownership with 84 acquisitions.

The company uniquely transitions 80% ownership to employees over 20 years.

Teamshares provides proprietary software, education, and financial products to acquired businesses.

Upsides

Teamshares plans to expand into Japan, supported by major financial institutions.

The 'small business silver tsunami' offers significant acquisition opportunities for Teamshares.

Increased interest in employee ownership models supports Teamshares' mission and growth.

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