What is Teamshares?
Teamshares is a 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—which make up 98% of firms in the US economy—to become employee-owned before Teamshares!
We are seeking a highly strategic, results-oriented Industry Lead to oversee a group of 8–10 small to mid-sized businesses across the manufacturing, electrical, and plumbing sectors. This is a key leadership role responsible for the financial performance, strategic alignment, and executive management of the portfolio. The ideal candidate will be an effective coach to business leaders, a skilled financial operator, and a trusted liaison to the parent company.
You will not be managing daily operations but will instead be accountable for driving performance through company leaders. Success in this role will require an ability to balance strategic oversight with a hands-on understanding of business fundamentals.
Key Responsibilities:
- Financial Oversight: Own PL responsibility for the portfolio; work with business leaders to establish annual plans, and manage achievement of aligned up on revenue, EBITDA, and cash flow targets.
- Leadership Development: Manage and support the leaders of each portfolio company. Serve as a coach and accountability partner.
- Performance Management: Track and drive KPIs across businesses. Identify underperformance and work collaboratively to implement turnaround strategies.
- Strategic Planning: Partner with company leaders to develop growth plans, capital investment strategies, and operational improvements.
- Reporting Communication: Serve as the main point of contact between the individual network companies and Teamshares. Prepare and present regular updates on performance, risks, and opportunities.
- Synergy Optimization: Identify and drive cross-portfolio synergies (shared services, procurement, best practices).
- Governance Compliance: Ensure that all businesses are operating within legal, ethical, and financial standards.
Qualifications:
- 10+ years of experience in business leadership, general management, or portfolio management
- Demonstrated success managing or overseeing multiple PL statements
- Strong financial acumen and experience with budgeting, forecasting, and performance analysis
- Experience in industrial, manufacturing, or skilled trades environments is strongly preferred
- Proven ability to lead through influence, especially with seasoned operators
- Comfortable working with both high-level strategy and detailed operational issues
- Excellent communication, coaching, and interpersonal skills
- Bachelor’s degree in business, finance, or engineering (MBA or similar preferred)
Originally posted on Himalayas
