Fractional Controller at Teamshares

San Antonio, Texas, United States

Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Part TimeJob Type

UnknownVisa

Consulting, Financial ServicesIndustries

Skills

Key technologies and capabilities for this role

AccountingFinanceERPNetSuiteSAPMicrosoft DynamicsSageGAAPFinancial ReportingInternal ControlsAnalytical SkillsProblem-SolvingProject ManagementBudgetingForecastingData MigrationSystem TestingReconciliation

Questions & Answers

Common questions about this position

Is this Fractional Controller position remote?

Yes, this is a remote position.

What experience is required for the Fractional Controller role?

Candidates need 10+ years of accounting/finance experience including Controller-level leadership, proven experience leading an ERP system migration (e.g., NetSuite, SAP), a Bachelor’s degree in Accounting, Finance, or related field (CPA or CMA preferred), strong GAAP knowledge, and excellent analytical, problem-solving, and project management skills.

What is the employment type for this role?

This is a contract position on a part-time or project basis.

What compensation or salary is offered for the Fractional Controller position?

This information is not specified in the job description.

What makes a strong candidate for this Fractional Controller role?

A strong candidate will have Controller-level experience, proven success leading ERP migrations like NetSuite or SAP, deep GAAP knowledge, and skills in project management and strategic financial insights, ideally with CPA or CMA certification.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free