---
title: 'Sr. Transition GL Accountant at Teamshares'
canonical: 'https://feeny.ai/job/sr-transition-gl-accountant-teamshares-remote-gefrq44tjk8y'
type: 'job'
last_seen: '2026-09-10'
---

# Sr. Transition GL Accountant at Teamshares

- **Company:** Teamshares
- **Location:** Remote
- **Employment:** full-time
- **Work type:** remote
- **Posted:** 2026-09-02
- **Last confirmed live:** 2026-09-10
- **Apply:** https://jobs.lever.co/teamshares/e8efb040-683a-4eb3-ae2f-29d86f89bc97

## Job description

My Financial Partner delivers high quality, fast-paced fractional Controller, AP, and GL services to 70+ network companies across the Teamshares portfolio. We're a wholly owned subsidiary of Teamshares, Inc. — a publicly traded company built to keep great small businesses thriving, one acquisition at a time.

## The Role

You're a member of the accounting SWAT team. When Teamshares acquires a new network company (NC) — or an existing one needs tidying up — you parachute in, get everything GAAP-clean, and hand off accounting processes that are ready to run smoothly. You sit at the center of it all: My Financial Partner (MFP), Teamshares' Financial Performance Team, and the Teamshares’ Acquisitions Team, turning messy legacy books into a sparkly system that just works.

Focus Areas

- Clean up payroll/benefits liabilities and expenses, accruals, deferred revenue, AP, ST/LT liabilities, prepaids, inventory, customer deposits, and chart-of-accounts mapping before handing off to the on-going MFP teammates.
- Report findings straight to the Sr. Transition Controller and flag the big stuff fast.
- Assist with GL/ERP migrations, system integrations, and testing.
- Reconcile everything on the balance sheet — cash, credit cards, fixed assets, tax liabilities, payroll liabilities, etc.
- Turn paper-and-spreadsheet processes into clean, automated ones.

What Success Looks Like

- Close the books in 8–10 business days, every cycle, without cutting corners on accuracy and quality.
- Get most of a new acquisition transitioned within 30–90 days, so the on-going MFP Controller, GL Accountant, and AP Specialist can take the wheel.
- Help refine the Transition Team playbook to make every future onboarding faster than the last.

## What You'll Actually Do

Core G/L Accounting & Month-End Close

- Serve as the primary G/L accountant for multiple NCs in transition.
- Determine and implement snazzy accounting entries such as accruals, reserves, reclasses, and intercompany entries.
- Coach onsite finance leads on AR standard practices — payment application, collections hygiene.
- Modernize and streamline AP tools (e.g. bill.com and Charted), tighten credit-card transaction syncing and coding/approval processes, and coordinate payment releases with the NC President.
- Sync and reconcile cash, credit cards, and payroll to the right GL accounts.

Systems, ERP & Inventory Transition

- Map legacy charts of accounts (COA) onto Teamshares' standardized COA.
- Configure the GL — account structure, segments, dimensions, reporting hierarchy — so reporting is useful yet efficient.
- Spot ERP-driven and accrual/estimation process improvements, especially anything that shortens the month-end close.
- Review inventory processes and COGS recognition for alignment with how the business recognizes revenue.

Financial Reporting, Analysis & Advisory

- Turn complicated transactions into insights the NC leadership can actually use.
- Clean up inherited reporting and accrual calculations that don't hold together and build a reliable baseline.
- Keep the books audit-ready throughout the transition — not just at handoff.

Internal Controls, Audit & Process Improvement

- Support audit, tax, and due-diligence requests with airtight documentation and digital audit trails.
- Identify control and process gaps before they become audit findings.
- Automate the manual, siloed, and disconnected — every fix should scale to the next NC.

Stakeholder Collaboration & Communication

- Partner with MFP Controllers, GL Accountants, and Teamshares to keep systems and data in sync.
- Show up to meetings ready to speak up and flag risks and inefficiencies early.
- Translate accounting impact into plain business terms.

## Team Training & Transition Planning

- Train onsite NC staff on new workflows and close responsibilities.
- Document SOPs and training materials in MFP's Google Drive — build it once, use it until we find a better way.
- Join recurring knowledge-transfer sessions.
- Hand off month-end close cleanly to the on-going MFP team.
- Help refine the onboarding playbook and KPIs with the MFP Transitions Team.

This Job is for You if You

- Get hives at the thought of procrastination, disorganization, lack of documentation, and filing paper documents.
- Desire a new accounting puzzle to solve as soon the current puzzle is at 90%.
- Love janitorial accounting (a good clean up and facelift of the books) and you’re not afraid to use a different kind of mop, broom, or vacuum - with or without the instruction manual.
- Thrive in a fast-paced environment.
- Don't need a roadmap for every new system. You like assembling furniture without the manual yet you use the manual as a reference when needed.
- Meet NC staff and teammates where they are at and help them get over the finish line. If they trip, you help them cross the finish line.
- Wear the hat of an accounting professor and explain accounting to NC staff and teammates in chewable bites.
- Like small-business scrappiness backed by big-company rigor and internal control standards.
- Have a high frustration tolerance. You know you’ll figure out the puzzle soon.
- Constant technological and process changes don’t phase you. You don’t skip a beat. You hardly blink.
- Live our values, "Trust comes first, take initiative, make things better, act thoughtfully and be dependable."

## 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 19 holidays, 5 sick days, and one floating holiday of your choice
- Ongoing support and advice from Teamshares accounting, finance, and small business experts

## About Teamshares

## Company Overview
- **One-liner**: Teamshares is a tech-enabled acquiror of small businesses that buys companies from retiring owners and grants stock to employees, creating a permanent home for businesses.
- **Entity Type**: Public (Nasdaq: TMS) – went public via SPAC merger with Live Oak Acquisition Corp. V in June 2026
- **Headquarters**: New York, New York, United States
- **Founded**: 2019
- **Founders**: Michael Brown (CEO), Kevin Shiiba (CTO), Alex Eu (President)

## Core Business
- Primary industry/industries: Financial Services, Small Business Acquisitions, Employee Ownership
- Target customers: Small business owners (B2B) seeking retirement exit, employee-owners of acquired businesses
- Mission or purpose statement: "To create a network of 10,000 small businesses that provide stock to employees." [teamshares.com/careers](https://www.teamshares.com/careers)

## Products & Services
- **Employee Ownership Platform**: A combination of a holding company and fintech that programmatically acquires businesses with $0.5–5 million of EBITDA, integrates them with the Teamshares platform, and helps employees earn company stock. [pitchbook.com](https://pitchbook.com/profiles/company/327111-04)
- **Acquisition Services**: Buys 100% of established small to medium-sized businesses (targeting $2M–$10M EBITDA in 2026) from retiring owners, retaining all employees and providing financial education, equity management software, and financial products. [linkedin.com/company/teamshares](https://linkedin.com/company/teamshares)

## Market Standing
- **Valuation/Market Cap**: Not publicly available (publicly traded since June 2026; market cap not disclosed in recent filings)
- **Key Metric**: Annual Revenue – $490 million (trailing 12 months as of Dec 31, 2025) [pitchbook.com](https://pitchbook.com/profiles/company/327111-04)
- **Notable Investors/Partners**: MPower Partners (led venture round), Sound Point Capital Management (led $75M debt financing), Live Oak Acquisition Corp. V (SPAC merger partner) [pitchbook.com](https://pitchbook.com/profiles/company/327111-04)
- **Growth Signals**: Over 90 acquisitions since 2019; operates in 30+ states across 40 industries; 1,800+ new employee owners; $30M+ new wealth created for employee owners; headcount ~110–134 employees. [linkedin.com/company/teamshares](https://linkedin.com/company/teamshares) – [teamshares.com/careers](https://www.teamshares.com/careers)

## Competitive Advantages
- **Unique Acquisition Model**: Buys companies from retiring owners (addressing the 70% failure rate of small businesses without a buyer) and immediately grants stock to employees, creating a long-term, locally owned solution.
- **Tech-Enabled Platform**: Combines acquisition expertise with fintech tools for equity management, financial education, and capital access, allowing the company to scale across diverse industries.
- **Permanent Home**: Unlike traditional private equity, Teamshares aims to hold businesses indefinitely, never forcing a re-sale, which differentiates it from competitors.

## Strategic Focus
- Continue acquiring companies in the $2M–$10M EBITDA range across the U.S. to expand the network of employee-owned businesses.
- Scale the platform to reach the goal of 10,000 small businesses, increasing employee wealth and local economic impact.
- Integrate acquired companies into the Teamshares ecosystem through software, training, and financial products.

## Why Work Here
- **Remote-First Culture**: "Always were and always will be" remote-first; employees can work from anywhere Teamshares operates. Connection maintained via virtual collaboration and biannual offsites.
- **Generous Time Off**: 9 weeks total per year (4 weeks PTO + holiday closures). [teamshares.com/careers](https://www.teamshares.com/careers)
- **Deep Work Focus**: "Building Wednesday" – no internal meetings on Wednesdays to allow uninterrupted deep work.
- **Comprehensive Benefits**: Competitive salaries (location-agnostic), 100% employer-paid health insurance, 3 months parental leave (+3 additional months for delivering parent), remote office stipend.
- **Mission-Driven**: Employees work to create wealth for hardworking small business employees, with a strong sense of social impact.

## Sources
1. [teamshares.com/careers](https://www.teamshares.com/careers)
2. [linkedin.com/company/teamshares](https://linkedin.com/company/teamshares)
3. [pitchbook.com](https://pitchbook.com/profiles/company/327111-04)
4. [jobs.lever.co/teamshares](https://jobs.lever.co/teamshares/)

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