CFO
About The Position
As a vital member of Pratum’s Lead Team (executive team), the Chief Financial Officer (CFO) provides high-level financial leadership and oversight, along with some overall general administrative leadership. They will assist with the strategic direction for the agricultural cooperative, along with its family of companies, which includes 4 distinct business units producing $300 million in annual sales with close to 200 employees. They will also have a key role in supporting continued growth, ensuring that Pratum is always on mission; dedicated to innovative solutions, excellent service, and long-term relationships. The following are general tasks and responsibilities related to this position, but the position may require other duties and special projects as assigned by management.
Requirements
- BSc in accounting or related field (minimum requirement)
- Experience overseeing an accounting team
Nice To Haves
- Experience in a multi-state, multi-company organization is a plus.
- Experience in an agriculture-based company is a plus.
- Proficiency with accounting and ERP systems, MS Office products: Excel, Word, Outlook, etc.
Responsibilities
- Team leadership of admin, accounting and finance: mentor, and build the admin team to meet the needs of the divisions.
- Responsible for all accounting operations.
- Lead financial planning & analysis initiatives for annual budgeting, tracking and forecasting.
- Oversee and assist, if needed, with human resources, monthly financial closes, safety program, etc.
- Ensure accurate and timely production and presentation of financial statements and related supplemental information for internal and external stakeholders and auditors; communicate and work well with the farmer-led board of directors.
- Partner with the CEO to evaluate and manage risk limits and associated insurance programs.
- Assist with strategies for hedging, inventory buildup, etc. to protect against volatile commodity markets.
- Study long-range economic trends to anticipate impacts on operations.
- Manage large-scale seasonal credit line and working capital needs through cooperative lenders like Farm Credit.
- Work with the CEO to secure funding for large capital asset purchases (capex) ranging from field equipment to entire site plants.
- Provide strategic financial analysis to support business expansion by working closely with the CEO to identify, analyze, and execute product and process efficiency innovations, M&A opportunities, etc.
- Work individually with each division manager to support the health and growth of their business units.
- Structure, track, and execute the annual patronage dividend allocation program.
- Work with the CEO and formulate proposals to the board for cash payouts verses retained equity.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
