The Business Accountant is responsible for identifying possibilities for improvements within the business structure and implements systematic solutions. Position determines the needs of individuals and departments and translates those needs into technicalities that can be implemented into improving the company.
This position reports to the Financial Accounting Manager and does not supervise staff. The position works closely with Information Services, operations – plants, accounting and finance, sales and marketing, auditors, and audit agencies.
(The essential functions listed below are not intended to reflect all duties that may be assigned to this position. The Company may augment duties, including essential functions, at its discretion.)
- Manage nonmember processes and reporting including the calculations and documentation for the budget and forecast cycles as well as the monthly actual profit and loss statement and tax calculations. Guide the discussion with the CFO and Controller regarding the nonmember calculations, summary of earnings, returns to members and the impact to other business decisions. Work with various other departments to determine if new items are considered member or nonmember. Guide those individuals in understanding the importance of the correct determination and the impact to the cooperative’s return to members and tax filings.
- Working closely with the Financial Accounting Manager guide the financial forecast, budgeting, planning, and reporting processes. Oversee the timely and accurate completion of these processes while working as a liaison with the impacted departments. Review and ensure that assumptions are supported by data and numbers are accurate.
- Primarily responsible for all financial statement related reporting functions and needs. Assess emerging reporting needs and coordinate reporting sources, systems, and formats. Serve as the liaison between the business units, technology teams, and support teams. Ensure tools and reports meet the department’s needs. Ensure that all internally prepared financial statements are materially accurate and presented in accordance with GAAP.
- Work with Director of Audit & Tax on tax return work paper preparation for Federal and State income tax returns. Research tax questions and implement changes as appropriate. Manage all property tax and excise filings. Manage staff schedules to ensure all filings are completed timely and accurately. Have and maintain through continuing education the knowledge needed to fulfill all Federal, State and local tax compliance and reporting in the Director’s absence.
- Support the Financial Accounting Manager by cross-training on the positions duties to back-up on workload during month end, budget/forecast, vacations and as business needs dictate.
- Manage Net Realizable Value (NRV) process and calculations on finished goods inventory at each budget/forecast cycle and year end. Work as business partner with Planning, Sales, and Marketing departments regarding the data necessary to timely and accurately complete the NRV calculations. Develop key assumptions for NRV and guide decision making process with CFO and Controller for business decisions impacted by NRV. Provide NRV audit work papers and be liaison with auditors on NRV.
- Have regular attendance and work appropriate number of hours to get the essential functions completed.
- Perform under the Working Conditions described below.
QUALIFICATIONS FOR ENTRY:
- Strong working knowledge of GAAP
- Principles and practices of financial and manufacturing accounting.
- Principles and practices of financial forecasting and budgeting.
- Pertinent Federal, State, and local laws, codes, and regulations.
- Manage and coordinate a variety of projects and/or programs.
- Analyze profit and loss variances.
- Maintain confidential and sensitive information.
- Gain cooperation through discussion and persuasion.
- Identify, research, and analyze problems, identify alternative solutions, and project consequences of proposed actions.
- Gather, evaluate, and interpret information.
- Effectively organize, plan, and execute.
- Use computers and computer software including word processing, spreadsheets, and databases.
- Meet behaviors established in The Company’s performance management and development process.
EXPERIENCE, CERTIFICATION/LICENSES, AND TRAINING:
- A Bachelor’s degree in Accounting.
- Minimum of 5 years of experience in financial accounting and/or packaged goods manufacturing, as well as experience performing budgeting and forecasting.
- Progressive experience in managing people.
- Strong preference for a current CPA license.
- Strong preference for working knowledge of GAAP and tax issues specific to Cooperatives.
- Constantly works in an office environment
- Occasionally deals with highly confidential information
- Constantly works under tight time constraints or with business activities of a seasonal/cyclical nature
- Occasionally works with dissatisfied or angry customers
- Occasionally works from home
- Physical requirements of the job:
- Occasionally lifts up to 10 pounds
- Vision requirements: Constantly uses near vision and color vision
- Constantly uses repetitive hand motions and/or sits
- Frequently talks, types, and/or listens/uses hearing
Persons with disabilities may be able to perform the essential duties of this job with reasonable accommodation. Reasonable accommodation will be evaluated on an individual basis and depends, in part, on the specific requirements for the job, the limitations related to disability and the ability of the department/division to accommodate the limitation.
Please contact Mark Teague, Mark@producecareers.com
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