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.
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