[Remote] Financial Controller - Industrial Services Industry at Teamshares

Remote

Teamshares Logo
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

Key technologies and capabilities for this role

Financial ReportingFull Accounting CycleInventory ManagementCost ControlFinancial AnalysisStrategic PlanningVendor ManagementGAAPERP SystemsBudgetingForecastingProfitability Analysis

Questions & Answers

Common questions about this position

Is this Financial Controller position remote?

Yes, this is a remote position with some travel required.

What salary or compensation does this role offer?

This information is not specified in the job description.

What key skills are required for the Financial Controller role?

The role requires deep working knowledge of the Industrial Services Sector (e.g., building materials, light-manufacturing, landscaping, plumbing, distribution), hands-on experience in full-cycle accounting operations including A/P, A/R, GL, inventory, and financial reporting using platforms like OneStream.

What is the company culture like at My Financial Partner?

The culture emphasizes high-impact partnership with company presidents and employee-owners, delivering fractional accounting support to small businesses owned by Teamshares, with a focus on driving financial clarity and strategic success.

What makes a strong candidate for this Financial Controller position?

Strong candidates have hands-on experience in the Industrial Services Sector, expertise in full accounting cycle and inventory oversight, and the ability to serve as a strategic advisor translating financial data into actionable insights.

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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