The Role
This role involves ensuring compliance with US GAAP, leading accounting reviews, supporting audits, and conducting technical accounting research.
Summary Generated by Built In
What is Teamshares?
Teamshares is a unique mission-driven startup that buys small businesses from retiring owners and transitions them into enduring, employee-owned businesses through our software, education, and community products. There wasn't an easy way for small businesses to become employee-owned before Teamshares! Our mission is to create $10B of new wealth for lower-income Americans through employee ownership.
What you'll do:
- 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.
Skills:
- Strong understanding of technical accounting and accounting standards (US GAAP), including ASC 842 and ASC 606.
- 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.
Who you are:
- 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.
Qualifications:
- Bachelor’s degree in finance, accounting, or similar field.
- Minimum of 3-5 years of audit, accounting advisory, or other relevant experience.
- CPA preferred
Why should you join us?
Teamshares believes in supporting every team member with a competitive salary and a generous benefits package, including: equity for all employees, exceptional medical/dental/vision benefits plans for employees and their families, 401k plan, and paid parental leave.
We recognize and facilitate the tangible impacts each employee has on our mission, while still maintaining a healthy work-life balance culture that emphasizes unplugging at the end of the work day. Our team values time off and actually takes vacation. We embody a growth mindset and provide the support you need to grow in your career.
Teamshares is passionate about creating an inclusive workplace that celebrates differences and promotes inclusion. We actively seek to build a workforce representative of various cultures, perspectives, and areas of expertise. Our employee-driven Core Values serve as the foundation for an inclusive workplace environment where we empower everyone to bring their full, authentic selves to work.
We encourage all qualified applicants from any race, color, religion, sex, gender identity, sexual orientation, national origin, disability status, protected veteran status, or other characteristics to apply.
Top Skills
Asc 606
Asc 842
Leaseaccelerator
NetSuite
Onestream
Us Gaap
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The Company
What We Do
Teamshares helps small businesses become employee-owned through education, good governance and digital products that make financials and operations simpler.
