Chief Financial Officer


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Job Title: Chief Financial Officer
Location: Salem, OR, West United States, USA

Company: Pratum Co-op
Industry Sector: Agribusiness
Industry Type: Precision & Ag Tech
Career Type: Accounting/Finance/Asset Management
Job Type: Full Time
Salary: DOE, Competitive
Job Description:

Purpose

A successful CFO at Pratum will be a vital member of a dynamic lead/executive team. They will lead the accounting/financial operations of the Pratum 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 the continued growth of Pratum 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.

 

Tasks & Responsibilities

  • Work with the Controller to oversee and manage the accounting staff employment lifecycles including hiring, training, management, feedback, reviews, and terminations.
  • Support business expansion by working closely with the President to identify, analyze, and execute M&A opportunities; new product areas; etc.
  • Work individually with each of the division managers to develop and grow their business units.
  • Oversee investment of funds and work with investment bankers to raise additional capital needed for expansion.
  • Monitor and manage operating line(s) of credit. 
  • Ensure accurate and timely production of financial statements for internal and external stakeholders and auditors.
  • Present monthly financial performance reports to the board of directors, including budget variances and adjustments required.
  • Oversee and assist, if needed, with monthly financial closes.
  • Ensure timely submission of and filing of various tax returns including income taxes, fuel taxes, various state taxes, and Oregon Corporate Activities Tax.
  • Analyze database of fuel contracts and corresponding futures positions to ensure proper hedges.
  • Work with IT team to correctly solve issues in various systems related to accounting and to design new processes as needed (e.g. ERP).
  • Calculate member patronage at year end direct annual patronage disbursements
  • Assist President and/or Lead Team on budget planning process priorities and any other special projects, suggesting improvements to current methods.
  • Study long-range economic trends to anticipate impacts on operations.

 

Expectations

  • Comply with federal, state, and company policies, procedures, and regulations, maintaining familiarity with the employee handbook
  • Function in a way that fulfills Pratum’s Values
  • Integrity: always doing the right thing
  • Safety: committed to a safe environment for our employees and customers
  • Professionalism: dealing with all relationships in a courteous and respectful manner with a positive image, timeliness
  • Results Oriented: delivering on your promises
  • Teamwork: respecting one another with humility, working with the ag management team
  • Stewardship: careful and responsible management of our resources and environment
  • Customer Service: exceeding expectations of those we serve
  • Motivated to contribute to Pratum’s success and the fulfillment of our mission, vision and values
  • Self-starter with drive to complete projects on time with excellent attention to detail
  • Good math and organizational skills with the ability to prioritize multiple responsibilities
  • Positive attitude that contributes to a winning culture along with effective staff team building

 

Qualifications and Education Requirements

  • BSc in accounting or related field (minimum requirement)
  • Experience overseeing an accounting team
  • Experience in a multi-state, multi company organization is a plus.
  • Experience in an agriculture-based company is a plus

 

Preferred Skills

  • Proficiency with accounting and ERP systems, MS Office products: Excel, Word, Outlook, etc.
To apply please click on APPLY TO THIS POSITION
Job Post Date: 06/26/24
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