Finance Administrator

We are looking to bring on a talented professional to join our Migration Department in the role of Finance Administrator. Training will commence at the start of January and run approximately 8-12 weeks. 

While the Migration team works during business hours in multiple time zones, the role itself is 100% location independent, allowing you to live anywhere in the world (*see USA resident requirements below). Be it the beaches in Mexico or in a mountain resort in the Swiss Alps – the choice is yours. 

The role will work closely with the supervisor and individual team members to carry out various financial tasks related to the process of buying/selling a business. 

You will also be responsible for reviewing and managing all of our earnouts and earnout processes. We currently have roughly 80 active earnouts in progress at any one time. In 2021, earnouts will also account for nearly 15% of our overall net fees target, meaning this role will have a direct impact on our bottom line. 

The ideal candidate will be extremely numbers-oriented and will have experience directly relating to financial/inventory reconciliation or management. The new hire will be our ‘go-to numbers person’ in the team and will help us to sharpen up our processes across the board.

While we are an Inc. 5000 company, we’re not overly corporate. You’ll work with management in all teams to make sure the job gets done. We believe in collaboration, and that means every department in our company comes together to help bring a project to fruition.

It has been an effective strategy, and has worked well for us. 

When you first come on board as a Finance Administrator, you will start learning more about our business and the different kinds of roles we have in our company.  

You will become well versed in all of our finance processes, from how to reconcile the inventory of an eCommerce business to pulling revenue data from various affiliate dashboards. 

Once you have the basics down, we would love to lean on your accountancy background and make improvements to the current processes we have in place. No one in the team is tied to our processes and we actively encourage improvement across the board. 

You might be wondering, though … what does your daily work routine really look like once you’re up and going?

Here is a list of daily tasks we’ll expect from you (though this isn’t an exhaustive list and could change):

• Reviewing the inventory levels of eCommerce businesses and creating spreadsheets of the total cost price inventory dollar amount. 
• Running revenue reports for affiliate sites and calculating the net revenue due to both buyer and seller.  
• Work with buyers and sellers to review these reconciliation amounts and answer any questions they have on the numbers. 
• Work closely with other Migration team members to aid them with any specific reconciliation/accountancy work that needs to be completed on the deals they are managing
• Work closely with the Migration Supervisor to improve our current reconciliation processes. 
• Follow up with buyers for any payments due on deals that include an earnout. This typically means emailing/calling the buyer a few days before payment is due and also chasing if not paid.  
• Review deals with a performance-related earnout to calculate the amount due to the seller. This typically means reviewing P&Ls/revenue reports to calculate whether or not a business has reached a certain benchmark over the selected time period.  
• You will eventually take full responsibility for managing all of the earnouts included in our deals. 
• Track and forecast different metrics related to earnouts. 

Ultimately, you’ll help our team grow and thrive by handling the numbers side of the migration process. 

We believe in hiring people who are a good fit with us culturally. We want people who are hungry to learn, but also people that will be fun to work with.

You must have experience or training. We are looking for a skilled finance administrator with at least some experience/training in an accounting or finance role. The ideal candidate will use their experience to help create and make improvements to our financial processes. 

Numbers are your second language – Regardless of your experience, you will need to love numbers to excel at this role. We are looking for someone who lives and thrives in a spreadsheet. You will need to be diligent with figures and have that reflected in your work. 

You’re a confident and proactive self-starter. You will face obstacles and challenges. A buyer might be late on their earnout payment and you will need to chase them. An affiliate dashboard may not generate the reports we need and you will need to follow up with their support team. It will be down to you to manage that process and ensure everything is nicely kept up. 

Technical experience. To be successful, you must have a working knowledge of both Microsoft Excel and Google Sheets. 

You’re excited about expanding the Empire Flippers brand. We love hiring people that are passionate about the online business industry. In many ways, we really are changing lives. We want you to be on board with our mission, participate in industry conversations, and get people excited about working with us.

Our company is built on a culture of remote work, travel, and living life on your terms. Being a location-independent full-time position is one of the many benefits! You’ll be free to work anywhere in the world that serves your creativity best. The choice is yours.

We aren’t going to chain you to a cubicle. While we’re an Inc. 5000 company, we’re not a Fortune 500 company. You won’t be some badge number in the corporate machine. We will want your input and insight. 

We are going to rely on your experience to make our earnout process better and smoother for our customers and team. 

When you first start off, you will be training with our Migration Supervisor and other senior migration team members for 8-12 weeks. We typically meet in person during this time, but due to COVID-19 and global travel restrictions, we are assessing travel requirements during this process and will know more as the hire date gets closer.

Speaking of travel, our company holds bi-annual meetups where we gather in a fun location and collaborate over the latest projects and ideas. The purpose of the meetup is team building – we make sure there are a variety of activities outside of company presentations and breakout sessions. We are planning another meetup in the last quarter of 2022 (location TBD).  So dust off your passport, and we’ll aim to see you then! 

For the first six months, you will be paid $2,700 USD per month during the probation period. After six months, you will be introduced to our compensation plan where you will earn a base pay of $3,000 USD per month plus a performance-based bonus. 

Within 12 months, you can expect to earn $40,000-$46,000 USD per year, and have paid, international healthcare coverage. We also offer equity stake in the company.

We love our team members and our work, but that still means you will need to perform up to our expectations. Hopefully, you will exceed those expectations and take us to new heights with the skills you bring to the table.

A big part of our company is about experiencing what the world has to offer and going after it. That being said, we also work hard.

Sometimes we have to work weird hours. It is not uncommon to take a 3 a.m. phone call if you’re in Thailand to connect with someone over in the U.S. Or vice versa. You will need to be someone who is ultra-flexible. Our business is truly global, and we have customers in every corner of the globe. 

Sometimes we really do work next to the pool. We might take a long break in the middle of the day, but burn the midnight oil early in the morning and late into the night with a 12-hour work day. That isn’t every day, but it does happen when we need to finish a project or answer a customer’s questions, so you’ll need to be prepared for that.

A lot of people would love to have a side gig or a gap year experience that allows them to travel the world before finding a job back home. That is not this job.

We focus on a strong life/work balance and encourage our team to tackle their bucket lists while working in an exciting, challenging, and ever changing industry. 

We’re made up of a team of successful entrepreneurs and former corporate professionals and we want you to become a long-term team member with us. Ultimately, we want this Finance Administrator position to grow into a profitable career for both you and the company.