Fractional Financial Controller

Summary

Join My Financial Partner as a Controller and provide high-quality financial management for a subset of Teamshares network companies. Partner with company presidents and employee-owners to ensure robust financial oversight and identify profit improvement opportunities. This hands-on role involves active participation in the financial operations of small to medium-sized businesses, requiring adaptability, multi-tasking, and a complete understanding of the accounting cycle. You will lead accounting operations, manage cash flow, advise leadership, and optimize systems and processes. The position is remote with occasional travel.

Requirements

• Bachelor’s degree in business, accounting, or related field (CPA preferred)
• 7+ years of professional accounting experience
• Experience in small to medium sized business 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

Responsibilities

• Day-to-Day Adaptability and Multi-Tasking: Manage a variety of tasks daily, from client consultations and financial analysis to cash flow monitoring and troubleshooting system issues
• Complete Understanding of the Accounting Cycle: Master the full accounting process—from data entry to financial analysis—ensuring accuracy and compliance
• System and Process Optimization: Identify inefficiencies in accounting processes and recommend improvements
• Communication with Leadership: Act as a key advisor to Presidents and other executives, translating complex financial data into actionable insights
• Cash Flow Management and Advising: Conduct ongoing cash flow analysis to ensure liquidity and provide strategic advice on managing cash reserves
• Lead accounting operations, including AP/AR, GL, inventory accounting, and revenue recognition
• Adherence to a Controls Environment: Develop or make recommendations to internal control policies/practices and document business processes as needed
• Support HR and payroll management
• 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 necessary 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

Preferred Qualifications

• Previous experience in the retail industry preferred
• Experience with building standard costing, analyzing various standard cost variances and understand bill of materials (BOMs)
• 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

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