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Financial Controller
2 months ago
About the Company:
Our client is a well-established entity in the grain and commodity trading sector, with operations that span across multiple states, specializing in livestock feed manufacturing and trans-loading facilities, while also exporting grains and commodities internationally.
Benefits of Joining:
As a leader in the feed, grain, and commodity inputs industry, our client offers a range of benefits including:
- Retirement Plans
- Paid Time Off and Holidays
- Positive Team Environment
- Medical and Dental Insurance Options
- Educational Assistance Programs
- Family Leave Policies
Position Overview:
The Financial Controller will oversee all financial and accounting operations within the division. Key responsibilities include:
- Comprehensive knowledge of Grain and Commodity Trade accounting practices, including mark-to-market valuations, inventory management, billing, and receivables.
- Expertise in component cost accounting specific to manufacturing.
- Management of daily accounting operations, including grain accounting, accounts receivable, accounts payable, and inventory oversight.
- Directing the preparation of monthly and annual financial statements, ensuring timely and accurate reporting.
- Reconciling margin forecasts with actual profit and loss results, providing insights to revenue managers on discrepancies.
- Compiling mid-month and end-of-month gross margin and consolidated forecasts.
- Ensuring monthly reconciliation of balance sheet accounts with appropriate documentation.
- Coordinating the annual budgeting process.
- Delivering regular contract and pricing audit reports to grain merchandisers for review.
- Conducting routine gross margin analysis for the feed-mill team.
- Overseeing capital expenditure accounting, including project cost estimates, depreciation rate settings, and monitoring of construction progress.
- Leading the accounting and administrative team by managing daily tasks, conducting meetings, and ensuring adherence to HR policies.
- Presenting financial and analytical reports to division leadership and corporate executives.
- Promoting a culture of safety by adhering to safety protocols and ensuring a secure working environment.
- Reviewing all administrative and accounting functions to recommend process improvements.
- Implementing robust internal control procedures for all business activities.
- Assisting with annual audits as required by corporate directives.
- Ensuring compliance with external regulatory agencies, including tax departments and licensing authorities.
- Managing compliance with UCC/EFS liens on grain purchases from farmers.
- Supporting the General Manager and executive team with ad hoc reporting and business analysis.
- Collaborating with IT on system enhancements and technology needs for the division.
Qualifications:
- Bachelor’s degree or higher in accounting or a related field.
- At least 5 years of experience in financial leadership and management.
- Knowledge or experience in the grain and feed industry, particularly with mark-to-market accounting.
- Strong analytical skills with meticulous attention to detail.
- Excellent communication skills for interaction with management and team members.
- Proficiency in Microsoft Office Suite, particularly Excel and Outlook.
- Strong organizational skills with the ability to prioritize tasks effectively.