King's Loot: Director of Finance

Position Overview

Do you madly love all things finance?

Are you a driven self-starter with experience managing and leading a team?

Do you have experience in the ecommerce space?

Then, this opportunity at Kings Loot is for you!

Joshua Stephens of Kings Loot is seeking a full-time remote Director of Finance who will help him grow the company by spearheading and managing the company’s financial strategy. He is looking for someone to be responsible for the financial health of the company and use financial strategy to facilitate company growth. Everything in Kings Loot starts with finance. From inventory to marketing forecasts, a clear financial strategy paves the way for success. You are the ideal candidate if you are a financial guru who loves problem solving, is self-motivated and driven, and has six or more years’ experience in a financial role.

Kings Loot is a faith-based ecommerce company that builds everyday carry products that last a lifetime, including wallets, watches, belts, accessories, and luxe bags. This company values Kingdom Culture, honor, integrity, leadership, teamwork, and excellence. This team feels like a family and believes in a positive environment where growth can happen, while also welcoming feedback and differing opinions.

You are perfect for this role if you have a Bachelor's Degree in finance, accounting, or another relevant field (or maybe even an MBA)  and have helped a company grow from 8 to 9 figures. You are exceptionally great at managing multiple spinning plates and solving problems. When things need to be done, you roll up your sleeves and go above and beyond to ensure they get done. “Doing the bare minimum” is not in your DNA.

You have a high drive for results, you're a problem solver with an optimistic can-do attitude, and you are passionate about serving others. You are action-oriented and willing to adjust with the needs of the company, and you welcome feedback and constructive criticism to facilitate the best possible results. If this kind of work excites you, and you want to be part of growing a thriving ecommerce company, you’re a great fit for this Director of Finance role!

Responsibilities (tasks associated with the role)

• Develop systems and processes for strategic planning and management
• Create and manage annual budget reports in compliance with accounting principles
• Ensure clear and accurate reporting of company finances
• Lead monthly strategic financial meetings
• Be the point of contact for the Accounting/Finance team and ensure their work is completed
• Make strategic financial cuts as needed to improve net profit
• Ensure the P&L balance sheet reflects accurate information
• Meet daily with CEO
• Negotiate with vendors/suppliers
• Provide strategic financial inventory forecasting
• Provide inventory forecasting and purchase inventory as needed
• Provide strategic financial sales and marketing forecasting
• Provide strategic budget forecasting
• Manage company cash flow and ensure positive balances
• Ensure company stays in compliance with LOC loan covenants and that loan covenants are met monthly
• Manage and pay credits/balances on large purchase orders
• Manage payroll systems
• Pay agency invoices
• Work in Avalara software to manage sales tax
• Ensure safekeeping of fragile company information
• Ensure Accrual accounting is in compliance and conformity with US GAAP
• Be ready to pivot with any sudden changes in company’s standing

Requirements (expected proficiencies to excel in this role)

This position is for a person who is:

• Professional
• Excellent with follow-through  
• Great with time management
• Organized
• Action-oriented
• Self-driven and proactive
• Detail-oriented
• Able to use detailed data analysis when expressing concerns to management
• Willing to speak up when they identify a problem
• Responsive and a quick communicator
• Team-oriented and dedicated achieving team objectives
• Able to get along with other team members
• Skilled at collaboration
• Skilled in leadership and interpersonal relationships
• Willing to adhere to Kings Loot business ethics and values
• Demonstrates strong character in alignment with Kings Loot’s values
• Willing to go above and beyond
• Able to take constructive criticism
• An excellent written and verbal communicator
• Able to thrive in a fast-paced environment
• Accepting of Christianity

Additional requirements:

• Available to work 8 am - 5 pm MDT (40 hours a week)
• 6 years’ experience in finance
• Bachelor’s Degree in relevant financial field (MBA is a plus)
• Experienced in ecommerce
• Access to a computer 
• Reliable internet connection
• Reliable and distraction-free work environment
• Proficient with Excel/Google Sheets, Avalara, Click-Up, Google Drive, G-Suite, Quickbooks, and Gusto 
• Auditing experience helpful

This position is NOT for someone who:

• Is thin-skinned and cannot handle feedback or constructive criticism
• Has a victim mentality
• Is needy
• Is a “yes man”
• Prefers a slow-paced work environment
• Has to be nagged to do their job
• Can’t work with a team
• Is unavailable to work during MST operating hours
• Has a problem with Christianity
• Has their own business
• Has ever owned their own business

Software Utilized by Company

G-Suite, Google Drive, Excel, Google Sheets, Avalara, Click-Up, Quickbooks, Gusto, Shapiro, Shopify, Amazon, OnePassWord, Slack.

Current Team Members

CEO, Department Managers, Pickers/Packers, CS Manager/Operations Manager.

Offer Details

This is a full-time, remote, W-2 employee position.

Pay is $130,000 - $145,000/year based on experience, plus overtime incentive.

Benefits include a generous compensation package.

About Kings Loot

Kings Loot designs everyday carry products that are built to last a lifetime, for those who desire the best quality. Founded in Colorado Springs, CO in 2019, Kings Loot started with a dream and a paper wallet. Company founder, Joshua, ran home one day from bible study, purchased a sewing machine, and jumped on YouTube to get to work making the very first prototype Kings Loot wallet. Through unwavering determination, he built Kings Loot to what it is today: An e-commerce powerhouse grossing $20 million in revenue with no signs of slowing down. 

Kings Loot believes the only thing standing between where you are and where you want to be is the way you see yourself. When you see yourself like a King, you prosper like a King. “Live Life Abundantly” is a motto Kings Loot stands by, because the company wants their customers to feel like Kings and Queens.

You can learn more about Kings Loot HERE.

The cultural pillars of the company include:

• We believe in a Kingdom Culture from the inside out.
• We take initiative and RESPOND rather than react.
• We believe excellence is not a verb; it’s a way of being.
• We do what we say because we value truth.
• We move forward despite fears and challenges.
• We honor our commitments to others.
• We seek counsel and advice from others and learn from our mistakes.
• We promote a genuine family environment and an atmosphere where great ideas can happen.

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