Senior Technical Accounting Associate

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November 18

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Teamshares

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B2B • Finance • Social Impact

Teamshares is an employee ownership platform focused on transforming small businesses by facilitating employee ownership. Their mission is to place $10 billion of stock wealth into the hands of small business employees, providing retiring business owners with a reliable exit strategy. By purchasing small businesses from retiring owners, Teamshares ensures these businesses remain local while granting employees stock ownership, progressively increasing to 80% over 20 years. The goal is to build a durable network of employee-owned companies that support local economies and create financial security for employees. Their program includes recruiting a new president for each acquired business, fostering a sense of shared responsibility and financial growth among employee owners.

51 - 200 employees

🤝 B2B

💸 Finance

🌍 Social Impact

💰 Seed Round on 2021-01

📋 Description

• Assess differences between acquired company accounting policies and Teamshares accounting policy, developing and implementing necessary amendments to ensure compliance with US GAAP and corporate standards. • Establish and lead monthly & quarterly review processes to ensure existing companies maintain accounting compliance. • Participate in quarter-end and year-end closes by requesting and reviewing network company support, and proposing adjustments as necessary. • Assist in coordination of audit procedures, liaising with external auditors and network companies to obtain support and prepare analysis as needed. • Assist in the review of lease agreements and determination of accounting treatment under ASC 842. • Perform technical reviews of domestic & international stock compensation plans and build quarterly accounting adjustment processes. • Support the accounting team with purchase price accounting. This will include calculating purchase price adjustments based on account analysis and review of pre- and post-close activities. • Conduct technical accounting research on an ad hoc basis to support accounting issues that arise on a deal-by-deal basis.

🎯 Requirements

• Bachelor’s degree in finance, accounting, or similar field • Minimum of 3-5 years of audit, accounting advisory, or other relevant experience • CPA preferred • Strong understanding of technical accounting and accounting standards (US GAAP) • Experience with writing accounting procedure documents and/or policy memos • Ability to create auditable accounting workpapers to prove out compliance of newly established procedures • Experience with NetSuite, OneStream & LeaseAccelerator is a plus • Excellent organizational skills, self-disciplined and sense of personal accountability • Demonstrated ability to drive project timelines and enforce accountability among cross-functional teams and external partners • A desire and comfort in working in a constantly changing and unpredictable environment • Flexibility to manage multiple tasks and shift between priorities • Critical thinker capable of initiating process improvements and problem-solving • Enthusiastic, inquisitive and desire to learn a broad range of industries and topics.

🏖️ Benefits

• equity for all employees • exceptional medical/dental/vision benefits plans for employees and their families • 401k plan • paid parental leave