Job Description
Job Description
Agfinity is the largest agricultural Cooperative in Colorado based in the heart of the Front Range. As a cooperative we are distinguished from our competitors by our excellence in customer service and our people, which we consider our greatest asset. Every dollar that is spent with the Cooperative doesn’t just go towards a product; it goes back to the community where you live and comes back to you as patronage and equity. Every day our approach is to serve others and find a world of solutions beneficial to our members, customers and our company.
We invite you to learn more about Agfinity, our products, services and the cooperative difference.
Job Summary:
The Grain Accountant is responsible for maintaining accurate financial records related to grain transactions, including purchases, sales, inventory, and hedging activities. This role plays a critical part in ensuring the financial integrity of our grain operations, providing timely and accurate financial reporting, and supporting efficient business decision-making. The ideal candidate will have a strong understanding of agricultural commodities, accounting principles, and excellent analytical skills.
Key Responsibilities:
Grain Transaction Management:
- Process and reconcile grain purchases from producers, including scale tickets, contracts, and payment processing.
- Process and reconcile grain sales to customers, including invoices, shipping documents, and payment application.
- Manage and track grain contracts (futures, options, basis, and forward contracts), ensuring accurate recording and settlement.
- Reconcile daily/weekly/monthly grain positions, including physical inventory, open contracts, and hedging instruments.
Inventory Management:
- Maintain accurate grain inventory records, including inbound and outbound movements, grade factors, and storage locations.
- Conduct regular inventory reconciliations and investigate discrepancies.
Financial Reporting & Analysis:
- Prepare and analyze financial statements and reports specific to grain operations (e.g., gross margin analysis, inventory reports, profitability by commodity/contract).
- Assist with month-end close processes, including journal entries, accruals, and reconciliations related to grain.
- Provide financial insights and analysis to management regarding grain market trends, pricing, and operational performance.
Accounts Payable & Receivable:
- Process accounts payable for grain purchases and related expenses.
- Monitor accounts receivable for grain sales and ensure timely collections.
Compliance & Controls:
- Ensure compliance with all relevant accounting standards, company policies, and industry regulations.
- Maintain strong internal controls over grain transactions and inventory.
- Assist with audits (internal and external) as they relate to grain operations.
System Management:
- Utilize and maintain grain accounting software (AGRIS) systems effectively.
- Identify opportunities for process improvements and system enhancements.
Communication & Collaboration:
- Communicate effectively with grain originators, merchandisers, elevator personnel, and customers.
- Collaborate with other departments to ensure seamless operations and accurate information flow.
Qualifications:
- Education: Bachelor's degree or equivalent experience in Accounting, Finance, or a related field.
Experience:
- 2+ years of experience in accounting, with a strong preference for experience in the agricultural or commodities industry, specifically grain.
- Experience with grain accounting software (AGRIS) is highly desirable.
Skills:
- Strong understanding of GAAP (Generally Accepted Accounting Principles).
- Proficiency in Microsoft Excel (advanced functions, pivot tables).
- Excellent analytical, problem-solving, and critical thinking skills.
- High attention to detail and accuracy.
- Ability to work independently and as part of a team in a fast-paced environment.
- Strong communication and interpersonal skills.
- Knowledge of commodity futures and options markets is a plus.
Physical Requirements:
- Typically, sedentary work; however, some walking or standing may be required.
- Ability to work in an office environment.
Agfinity has a competitive benefits package including Health, Dental, Vision, Pension Retirement Plan, 401(k) Match Plan, Paid Time Off, Tuition Reimbursement, Clothing Allowance and Life and Disability coverage for those who may qualify.
Agfinity is looking for values of honesty, integrity, lifelong learning, and working hard and working smart, and being kind and courteous. If you are committed to these values send us your resume now and become part of The Cooperative Difference!
Agfinity requires a post offer, pre-employment background check and drug screen.
We are an Equal Opportunity Employer (EOE) that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that diversity and inclusion is a driving force in the success of our company.