My Financial Partner is a subsidiary of Teamshares (a national, for-profit company helping American small businesses become employee owned. We bring the resources of big business to small business, starting with stock ownership). My Financial Partner (MFP) supports these multiple network companies with a team of experienced accounting professionals, delivering fractional accounting resources. Join our team and play a crucial role in driving financial success for our network companies!
Position : Restaurant Group Financial Controller
As a Controller at MFP, you'll provide high-quality financial management and leadership for several restaurants within theTeamshares network of companies. You'll partner with company presidents and employee-owners to ensure robust financial oversight and identify profit improvement opportunities. This hands-on role requires active involvement in the financial operations of small to medium-sized businesses.
Responsibilities
- Lead accounting operations, including AP/AR, GL, inventory accounting, and revenue recognition
- Serve as a strategic advisor to company presidents, overseeing accounting and finance functions
- Evaluate and implement financial tools and systems, developing key business metrics
- Collaborate on financial budgets, forecasts, and strategic projects
- Develop internal control policies and document business processes
- Perform risk management activities
- Oversee treasury and cash management functions
- 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 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
Requires
- Bachelor’s degree in business, accounting, or related field (CPA preferred)
- 5+ years of professional accounting experience
- Previous experience in the restaurant industry required
- Experience in small to medium sized business accounting
- 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
- 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
- This position is remote, quarterly travel for 2-3 days may be required
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
