The posting
About Teamshares
Teamshares is one of America’s largest buyers of small businesses from retiring owners and is on a mission to make employee ownership the future of small business. We buy promising companies from retiring owners, gifting employees an immediate 10% ownership stake in the business, and supporting their ongoing growth through proprietary software, education, financial products and best-in-class leadership support.
We're building a network of 10,000 employee-owned small businesses, creating $10 billion of stock wealth for wage workers and supporting generations of business owners into confident retirement. Together, we will reduce global wealth inequality while ensuring vital small businesses—and the communities they serve—continue to flourish.
Learn more at teamshares.com
The Opportunity:
What You Will Do:
- Determine/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, keeping day-to-day operations running smoothly for customers, drivers, and counter staff throughout.
- 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. Whether it's documenting existing effective methods or developing new structures, you will be responsible for establishing and tracking 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.
- Once the foundation is in place, act as a growth leader, working with employee-owners and the sales team to improve company operations and expand revenue opportunities.
- 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.
- Invest in your local community, and build strong relationships with customers, vendors, 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 that drives better business outcomes and fosters a positive values-aligned company culture.
What You Bring:
- Accounting and Financial Expertise: 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.
- Systems and Change Leadership: 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.
- Bringing Order Without Breaking Culture: Experience stepping into a less-structured business and introducing process and accountability while earning the trust of a long-tenured team.
- Frontline Leadership: Experience managing hourly and frontline teams such as drivers, counter staff, and warehouse staff in a fast-moving, hands-on environment.
- Distribution Experience (preferred): Background in distribution, wholesale, or a related B2B trade business.
- P&L Ownership: 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.
- Bilingual English and Spanish Fluency (preferred)
- Clear Communication and Collaboration: Ability to communicate effectively, solve problems, and foster constructive collaboration with all employees.
- Proven Leadership: Demonstrated people leadership abilities with strong interpersonal and communication skills and a low-ego, collaborative approach.
- Entrepreneurial Mindset: An entrepreneurial spirit with a desire to build, innovate, and operate hands-on in a transformative environment.
- Project Management and Problem-Solving: Proven project management skills coupled with a humble, hands-on, get-it-done attitude.
- Business Acumen: Strong analytical skills to oversee company financials and develop effective strategies for sustainable growth.
- Growth Mindset: Willingness to explore new ideas, learn from mistakes, and innovate continuously.
- Agility and Flexibility: Equally adept at thinking creatively and critically, with a natural bias toward action.
- Strategic Partnership: Ability to partner with stakeholders to establish a clear vision, define measurable KPIs, and develop strategies to achieve financial goals.
What You Receive:
- Equity stake both in the network company and in Teamshares
- Competitive salary and benefits
- Ongoing business and leadership development training throughout your tenure
- Access to exceptional medical/dental/vision benefit plans
- Paid parental leave
We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. As a Teamshares president, you’re not alone; you'll be part of a dynamic community of fellow small business leaders, with ongoing support from Teamshares — beginning with our Leadership Accelerator program. Please don’t hesitate to apply.
Teamshares is passionate about creating an inclusive workplace that values diverse perspectives and fosters a genuine sense of belonging. We actively seek to build a workforce representative of various cultures, backgrounds, and areas of expertise. Our employee-driven Core Values guide how we treat each other and show up every day. We welcome and encourage applicants from candidates of all backgrounds, including any race, color, religion, sex, gender identity, sexual orientation, national origin, disability status, protected veteran status, or other characteristics.
