FAM Portfolio Manager
FartherSalary not specified
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Mechanical, Electrical, Plumbing, Business Services, Financial ServicesIndustries
Requirements
Candidates should possess over 10 years of experience in business leadership, general management, or portfolio management, with a proven track record of managing multiple P&L statements. Strong financial acumen, including budgeting, forecasting, and performance analysis, is essential. Experience in industrial, manufacturing, or skilled trades environments is strongly preferred, as is the ability to lead through influence and comfortably navigate both high-level strategy and detailed operational issues. Excellent communication, coaching, and interpersonal skills are required, along with a Bachelor's degree in business, finance, or engineering, with an MBA or similar preferred.
Responsibilities
The Industry Lead will oversee a portfolio of 8-10 MEP businesses, driving their financial performance and strategic alignment. This involves owning P&L responsibility, establishing annual plans, and managing revenue, EBITDA, and cash flow targets. The role includes managing and coaching business leaders, tracking KPIs, identifying underperformance, and implementing turnaround strategies. Responsibilities also encompass partnering with leaders on growth plans and operational improvements, serving as the primary liaison between network companies and Teamshares, preparing performance updates, identifying cross-portfolio synergies, and ensuring governance and compliance with legal, ethical, and financial standards.
Skills
P&L Management
Financial Planning
EBITDA Management
Cash Flow Management
Leadership Development
Performance Management
KPI Tracking
Strategic Planning
Business Operations
Turnaround Strategies
Communication
MEP Sector Knowledge
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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