Ownershift is a for-profit, purpose-driven acquisition platform that purchases high-quality, long-tenured small businesses from retiring owners and implements broad-based employee ownership programs upon closing, enabling employees to directly participate in business success. Our goal is to become the preferred buyer for retiring owners by offering quick, efficient acquisitions and facilitating employee ownership legacies. This creates a win-win for retiring owners, employees, communities, and investors, ensuring secure financial positions and legacies for owners, financial participation and wealth creation paths for employees, retention of valuable businesses for communities, and strong financial returns for investors.
Job Summary:
We’re seeking a dynamic Small Business President to lead an Ownershift company headquartered in Monmouth County, New Jersey. This role offers an exciting opportunity to lead a profitable, long-established business that is a leading custom sheet metal fabrication company, focused on both the commercial and residential markets. The Company provides all types of custom sheet metal fabrications to construction contractors, restaurants, bakeries, architects and municipalities. The company excels in delivering top-notch customer service, ensuring high levels of customer retention.
The Small Business President will oversee the transition to employee ownership, drive growth, and enhance profitability. You will manage all aspects of business operations, including P&L, AP/AR, strategic planning, and HR. Leading an established team, you will implement transparent and accountable management practices. Your focus will be on budgeting, strategic investments, performance metrics, and marketing initiatives to drive growth. Additionally, you will handle HR responsibilities, including personnel matters, performance evaluations, and compensation. You will also refine business practices, facilitate the transition to employee ownership with Ownershift, and coach employee owners to leverage their stake for improved business outcomes and culture.
How you’ll make an impact:
- Succeed the retiring small business owner as the new President and General Manager of the company.
- Own all business strategy, operations, P&L, and AP/AR management, leading an experienced team who, alongside you, owns equity in the business.
- Serve as the growth leader who will work with employee owners to expand revenue opportunities and improve company operations.
- Instill top-tier management practices for a growth-focused culture with transparent accountability.
- Partner with the existing team to develop a credible and detailed growth strategy.
- Analyze business methods and practices, implementing changes as needed.
- Collaborate with the current team on budgeting, cost-effective investments, and establishing performance metrics.
- Drive sales growth through marketing, outreach, and account/Bendor relationship management, where appropriate.
- Manage HR responsibilities, including personnel matters, conflict resolution, performance evaluations, and compensation.
What you’ll bring to the table:
- Experience with project management in construction or a similar industry.
- Adaptability and willingness to learn business ins and outs from the previous business owners.
- Demonstrated people leadership skills through past work experience.
- Strong interpersonal and communication skills with low ego.
- Demonstrated expertise in advanced project management and problem-solving, coupled with a hands-on approach.
- Strong business acumen and analytical skills to oversee company financials and develop business strategy. Past P&L management and / or MBA degree a plus.
- Capacity to identify challenges and develop solutions in a fast-paced environment.
- Experience hiring, training, and developing teams.
- Ability to lift up to 50lbs and stand for extended periods of time.
- Growth-oriented mindset for yourself and your teams to explore new opportunities and innovations.
- Mission alignment with Ownershift’s goal of implementing broad-based employee ownership.
Compensation:
This position will receive a competitive base salary and equity package DOE.
Ownershift is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by law.
What We Do
Ownershift is on a mission to provide small business owners a succession plan that solidifies their legacy and facilitates their business remaining rooted in their community forever. We aim to acquire high quality small businesses from retiring owners, match these companies with qualified leaders to continue growing the business, and distribute ownership to employees to enable them to participate meaningfully in the value they create
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