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Teamshares

Platform enabling employee ownership of businesses

Network Company President

Business & StrategyConfirmed live in the last 24 hours
Full-timeNew York, NY, USA$175k - $225k /yr

About the Job

Requirements

  • Deep accounting and finance literacy, with hands-on experience cleaning up books, building reporting, and managing cash, credit, and margins in a small to mid-sized business.
  • A track record of leading an accounting/ERP, banking, or payroll transition, or a similar systems overhaul, from planning through go-live without disrupting the business.
  • Experience stepping into a less-structured business and introducing process and accountability while earning the trust of a long-tenured team.
  • Experience managing hourly and frontline teams such as drivers, counter staff, and warehouse staff in a fast-moving, hands-on environment.
  • A track record of owning or significantly influencing the P&L of a small to mid-sized business, including pricing, margin management, and cost control.
  • Ability to communicate effectively, solve problems, and foster constructive collaboration with all employees.
  • Demonstrated people leadership abilities.
  • Proven project management skills and problem-solving ability.
  • Strong analytical skills to oversee company financials and develop effective strategies for sustainable growth.
  • Ability to partner with stakeholders to establish a clear vision, define measurable key performance indicators, and develop strategies to achieve financial goals.

Responsibilities

  • Determine and be responsible for all business strategy, operations, and P&L management.
  • Lead an experienced team of about 30 existing employee owners across two locations.
  • Take ownership of the company’s accounting and financial reporting, clean up the books, establish monthly close and reporting discipline, put customer credit controls in place, and create a single source of truth for financials and inventory.
  • Project-manage the move to new accounting/ERP software and the migration of banking and payroll while keeping day-to-day operations running smoothly for customers, drivers, and counter staff.
  • Lead efforts to grow the business through marketing, outreach, and the development of new product lines and accounts.
  • Develop and execute repeatable business processes to achieve key business results, document effective methods or develop new structures, and establish and track key operational metrics and financial outcomes.
  • Work closely with Teamshares staff and company-level financial partners to manage ongoing expenses, capital purchases, and growth initiatives.
  • Serve as a steady operational leader during the transition to the Teamshares model, maintaining continuity for customers, employees, and vendors.
  • Partner closely with the outgoing owner during the handoff, take over key supplier and purchasing relationships, and build a strong working partnership with the founding family’s operations leader, with clear roles for each.
  • Work with employee-owners and the sales team to improve company operations and expand revenue opportunities once the foundation is in place.
  • Handle HR responsibilities, including staff disputes, employee performance evaluations, job reviews, raises, and bonuses; define clear roles across the team and build out the office and administrative function.
  • Build relationships with customers, vendors, the local community, and mission-aligned organizations.
  • Collaborate with Teamshares and fellow shareholders during the transition to employee ownership, coaching and partnering to instill an owner’s mindset and foster a positive values-aligned company culture.

Desired Qualifications

  • Leadership experience in the distribution industry.
  • Background in distribution, wholesale, or a related B2B trade business.
  • Fluency in English and Spanish.
  • An entrepreneurial spirit and desire to build, innovate, and operate hands-on in a transformative environment.
  • A humble, hands-on, get-it-done attitude.
  • A willingness to explore new ideas, learn from mistakes, and innovate continuously.
  • Ability to think creatively and critically, with a natural bias toward action.

About the Company

Teamshares

Platform enabling employee ownership of businesses

Teamshares is a platform that helps small businesses transition to employee ownership when owners retire. It buys retiring owners' businesses and gradually transfers stock to employees, starting with 10% equity and increasing to 80% over 20 years, to preserve business continuity and jobs. Revenue comes from profits of acquired businesses and from offering proprietary software, education, and financial products. The company differentiates itself by focusing on mission-driven leadership and long-term owner-to-employee equity transfers rather than traditional buyouts, aiming to redistribute stock wealth and strengthen local economies. Its goal is to redistribute $10 billion of stock wealth to hard-working Americans while keeping small businesses alive and employees financially invested in their work.

Company size
51-200
Company stage
IPO
Headquarters
New York City, New York
Founded
2019

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