Full-Time

Bookkeeper

Updated on 12/2/2024

Teamshares

Teamshares

51-200 employees

Facilitates employee ownership of small businesses

Fintech
Social Impact

Compensation Overview

$60k - $70kAnnually

Senior

Santa Fe, NM, USA

Position requires onsite presence in Santa Fe, NM.

Category
Bookkeeping
Financial Accounting
Management Accounting
Treasury Accounting
Accounting
Requirements
  • Bachelor's degree in business, accounting, or a related field
  • 5+ years of professional accounting experience
  • Inventory and WIP experience preferred
  • Experience in construction industry preferred
  • Proven experience working with various industry specific ERP platforms
  • Working knowledge of US GAAP
  • Advanced project-management and problem-solving skills with a roll-up-the-sleeves, get-it-done attitude
Responsibilities
  • Oversee all accounting operations including Billing, A/R, A/P, GL, Inventory Accounting and Revenue Recognition
  • Lead the Company’s accounting and finance functions to assess and improve financial oversight processes
  • Evaluate and implement financial tools and systems as needed, and develop business metrics
  • Partner with President and operational team to prepare financial budgets, forecasts, and other strategic projects
  • Serve as financial leader for the business, including identifying new revenue opportunities and company operational improvements in partnership with the company President
  • Develop internal control policies
  • Develop and document business processes
  • Perform risk management activities and develop plans to minimize risk
  • Oversee Treasury and cash management functions
  • Support the company presidents with Human Resources and payroll management
  • Maintain effective working relationships with Teamshares Finance
  • Prepare timely and accurate financial statements
  • Oversee month-end and year-end close process

Teamshares promotes employee ownership of small businesses by purchasing them from retiring owners and gradually transferring stock to employees, starting with 10% and increasing to 80% over 20 years. This model helps maintain business continuity and prevents job losses when owners retire. Teamshares differentiates itself by focusing on mission-driven leadership and providing training for the presidents of acquired businesses. The company's goal is to redistribute $10 billion of stock wealth to hardworking Americans, ensuring financial stability for employees and preserving local businesses.

Company Stage

Debt Financing

Total Funding

$214.3M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

6%

1 year growth

0%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • Teamshares has acquired over 90 small businesses, creating 2,600 employee shareholders.
  • The company plans to expand into Japan, supported by major financial institutions.
  • Increased interest in employee ownership models supports Teamshares' mission.

What critics are saying

  • Teamshares faces competition from tech-enabled platforms like SKROL.
  • International expansion may face cultural and regulatory challenges in Japan.

What makes Teamshares unique

  • Teamshares is a market leader in small business employee ownership.
  • The company uniquely targets retiring small business owners for acquisitions.
  • Teamshares provides proprietary software and financial education to acquired businesses.

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