Commodity Accounting Manager

We are currently seeking a highly talented and motivated individual to join our team.

If you are interested, please send me your updated resume at mike.shilling@pinnacle1.com

Job Description

Title

• Commodity Accounting Manager (Must have experience in Commodities)

Location

• Fort Worth, Texas

Duration

• Permanent Role

Pay Range: $80,000-105,000K

Position Summary

The Commodity Accounting Manager will plan and direct the accounting operations of the AgriFoods division which includes Commodity Trading and Farming.

Essential Duties and Responsibilities

The essential functions include, but are not limited to the following:

• Prepares and Performs the operations of the Accounting Department, which include preparing and reviewing accounts payable, accounts receivable, bank reconciliations, journal entries and payroll.

• Receive trade slips and forward contracts and maintain a forecasted income statement, balance sheet and cashflow per entity and business unit including Market to market analysis

• Manage the month end Accounting close and internal/external reporting requirements for all Agri-Foods divisions.

• Maintains a documented system of accounting policies and procedures; implements a system of controls over accounting transactions to minimize risk.

• Prepares periodic financial reports; ensures that the reported results comply with generally accepted accounting principles.

• Work with the trading department, farms and management to help communicate variances between the general ledger gross profit and the daily P&L reports generated by the trade department.

• Produces the annual budget and forecasts; reports significant budget differences to management.

• Preparation of weekly cash flow.

• Works with external auditors and provides needed information for the annual audit.

• Ensures compliance with local, state, and federal government requirements.

• Performs other related duties as necessary or assigned.

Minimum Qualifications (Knowledge, Skills, and Abilities)

• Master's degree in business administration, Accounting, or Finance required.

• Certified Public Accountant designation preferred.

• At least 5 years of experience in accounting related to commodity trading.

• Significant experience working in a commodity trading organization in financial control and accounting.

• Exposure to the Daily P&L process in a commodity trading environment.

• Prior experience working with large raw data sets and manipulating in Excel.

• Ability to develop relationships with multiple stakeholders including traders, marketers, risk & IT professionals.

• Experience working with or in other departments, such as Risk, Middle Office, Operations, Settlements.

• Experience with Oracle NetSuite is desirable.

• Excellent management and supervisory skills.

• Excellent analytical and organizational skills.

• Proficient in database and accounting computer application systems.

• Excellent written and verbal communication skills.

Requirements

• Bachelor's degree in Accounting or Finance; CPA preferred

• Proven experience as a Division Controller or similar role

• Strong knowledge of financial management principles and practices

• Proficiency in technical accounting standards, including IFRS

• Experience with budgeting, forecasting, and financial analysis

• Excellent analytical skills with attention to detail

• Ability to effectively communicate complex financial information to non-financial stakeholders

• Strong organizational and time management skills

• Ability to work independently and meet deadlines

Pay Range: $80,000-105,000K

The specific compensation for this position will be determined by a number of factors, including the scope, complexity and location of the role as well as the cost of labor in the market; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Our full-time consultants have access to benefits including medical, dental, vision as well as 401K contributions.