Chief Financial Officer and Treasurer

Illinois Farm Bureau • Bloomington, IL

14d • $240,000 • Hybrid

About The Position

The Chief Financial Officer and Treasurer at Illinois Farm Bureau (IFB) serves the Illinois Agricultural Association (IAA) as the senior financial professional and is responsible for overseeing its fiscal activities. Serves as a member of the IAA Management Team. Responsible for supervision of financial management, investment policies, disbursements, accounting and accounting procedures, budgeting and financial statements of the Illinois Farm Bureau and certain affiliated companies. Responsible for the financial management of IAA, Illinois Agricultural Services Company (IASC), Illinois Agricultural Holding Company (IAHC), Association of Illinois Agricultural Association (AIAA), Association of Farm Bureaus of Illinois (AFBI), Agricultural Support Association, and IAA Foundation. Serves as Treasurer for COUNTRY Financial and related affiliates, and management oversight to the IAA Credit Union. Also responsible for oversight of Information and Digital Technology, and Facilities and Administration.

Requirements

• Command of technical finance, accounting, and treasury skills.
• Five or more years of successful, relevant senior management experience.
• Strong leadership skills, including the ability to develop and motivate others, resolve conflict, delegate effectively and lead change.
• Ability to think strategically and creatively, including strong problem-solving and analytical skills.
• Excellent written, verbal and interpersonal communication skills, including strong presentation skills.
• Strong project management skills, including the ability to manage multiple projects simultaneously, organize efficiently, establish priorities and attend to details.
• Understanding of insurance and risk management.
• Bachelor’s or advanced degree in finance, accounting, business administration or related discipline and Certified Public Accountant (CPA) designation preferred.

Responsibilities

• As a member of the IAA Management Team, participates under the leadership and direction of the President in the strategic planning of IAA.
• Responsible for the financial management of IFB and affiliated reporting to the Board of Directors of each organization.
• Develops and recommends financial objectives for each organization and once approved is responsible for their execution.
• Oversees the budget process for the Finance Division as well as IAA as a whole and each affiliated company.
• Responsible for the Treasury Management for IFB and affiliated companies as well as COUNTRY Financial and related affiliates.
• Recommends bank depositories and policy concerning the handling and custody of cash and securities for these companies.
• Negotiates or supervises the negotiation of institutional borrowing, bank loans and all other indebtedness for the companies.
• Serves on following committees and boards of directors: Illinois Agricultural Services Company – Board Member; COUNTRY Financial and COUNTRY Trust Bank Investment Committees, Finance (budget) Committees, Trust Committee, Operating Board; Prairie Farms Dairy Special Finance Committee; Administrative Committees of Various Pension and Employee Benefits Plans; Leads Employee Services Coordinating Committee (ESCC).
• Serves as resource person and secretary to: IFB Board Finance Committee, IFB Board Audit Committee and COUNTRY Financial Audit Committees.
• Oversees the investment portfolios of IFB and affiliated companies coordinating with Country Trust Bank and ensuring compliance with Investment Policy, recommending changes to the Investment Policy to the IAA Finance Committee as needed.
• Responsible for establishing the authorization limits for the approval of the disbursement of funds for IFB and related affiliates.
• Responsible for the accounting policies and the financial statements for IAA and affiliated companies as well as tax planning and ensuring the tax returns for all organizations are prepared timely and accurately.
• Provides county farm bureaus with analysis of their financial condition and recommends action when appropriate.
• Responsible for risk management, and for determining and obtaining insurance coverage for asset and liability exposures of the IFB, Association of Illinois Agricultural Association (AIAA), Association of Farm Bureaus of Illinois (AFBI), Illinois Agricultural Service Company, Illinois Agricultural Holding Co., and IAA Foundation.
• Provides management oversight to IAA Credit Union and coordination between the IAA Credit Union and sponsoring employers.

Benefits

• You’ll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match, parental leave, paid time off, paid company holidays and time off to volunteer.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive