Financial Controller
Remote
Teamshares – My Financial Partner /
Full-time /
Remote
$120,000 - $130,000 a year
My Financial Partner is a subsidiary of Teamshares (a national, for-profit company helping American small businesses become employee owned. We bring the resources of big business to small business, starting with stock ownership). My Financial Partner (MFP) supports these multiple network companies with a team of experienced accounting professionals, delivering fractional accounting resources. Join our team and play a crucial role in driving financial success for our network companies!
Position
As a Controller at MFP, you'll provide high-quality financial management for a subset of Teamshares network companies. You'll partner with company presidents and employee-owners to ensure robust financial oversight and identify profit improvement opportunities. This hands-on role requires active involvement in the financial operations of small to medium-sized businesses.
Key Responsibilities
Lead accounting operations, including AP/AR, GL, inventory accounting, and revenue recognition
Serve as a strategic advisor to company presidents, overseeing accounting and finance functions
Evaluate and implement financial tools and systems, developing key business metrics
Collaborate on financial budgets, forecasts, and strategic projects
Develop internal control policies and document business processes
Perform risk management activities
Oversee treasury and cash management functions
Support HR and payroll management
Duties
Oversee month-end and year-end close process
Perform balance sheet reconciliations (cash, credit card, A/R, A/P, etc.)
Record fixed assets and depreciation
Record and amortize prepaid expenses
Calculate and record payroll/bonus accruals
Calculate and record revenue/expense accruals as needed
Review income statement accounts for classification and cutoff
Submit TB, variance analysis, and monthly close checklist to OneStream
Develop and maintain 13-week cash flow forecast to identify potential cash flow issues and propose solutions
Book deferred revenue entries and reversals in the accounting system
Review and book income tax entries from Teamshares
Review trial balance regularly and make adjustments
Provide support for quarterly sales tax returns
Make year-end adjustments and prepare worksheets
Assist with inventory adjustments associated with annual physical count
Oversee lead bookkeeping/other related finance functions
Prepare 1099s
Work closely with the company President to prepare a financial forecast for the annual and quarterly strategic planning process
Deliver key financial metrics, identify trends, and provide insights on business performance
Requirements
Bachelor’s degree in business, accounting, or related field (CPA preferred)
10+ years of professional accounting experience
Experience in small to medium sized business accounting
Experience working for a mid-market accounting firm helpful
Experience working in a start-up environment strongly preferred
Experience with inventory preferred
Experience in operational finance and inventory issues with exposure to both financial and tax (reporting) accounting
Proficiency in QuickBooks Online and POS systems
Working knowledge of US GAAP
Advanced project-management and problem-solving skills
Adaptable, proactive attitude with willingness to “roll up your sleeves”
Tech savvy individual that can problem solve in a remote environment required
This position is remote, occasional travel may be required
Benefits
Medical, Dental, Vision, FSA/HSA
100% paid for employee (and dependents on most plans)
15 days of vacation time to keep you balanced, rested and recharged and paid time off for 12 holidays, 5 sick days, and one floating holiday of your choice
Ongoing support and advice from Teamshares accounting, finance, and small business experts
