Controller

Company: Red River Commodities
Location: Fargo
Posted on: November 19, 2024

Job Description:

Red River Commodities is a leading processor of sunflower seeds and specialty grains, specializing in high-quality, nutritious food products. We pride ourselves on our sustainable farming practices, innovation, and commitment to delivering superior products to our customers. We are seeking a detail-oriented, strategic, and dynamic Controller to join our growing team and support our financial operations.

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Position Summary:The Controller will oversee all accounting and financial operations within the company, ensuring that financial reporting, budgeting, and internal controls are accurate, timely, and in compliance with all regulations. The Controller will manage the day-to-day financial activities, drive process improvements, and assist the CFO with strategic financial planning and decision-making. This role is critical for maintaining the integrity and accuracy of financial information that supports both operational and corporate goals.Key Responsibilities:

• Financial Reporting & Analysis:
  • Lead the preparation and presentation of monthly, quarterly, and annual financial statements in accordance with GAAP.
  • Provide insightful analysis of financial results, trends, and variances, with a focus on driving profitability and operational efficiency.
  • Ensure timely and accurate reporting for both internal and external stakeholders, including senior management and auditors.
  • Budgeting & Forecasting:
    • Develop and manage annual budgets, working closely with department heads to ensure accuracy and alignment with business goals.
    • Perform monthly forecasting to ensure the company is on track to meet financial targets and operational objectives.
    • Monitor cash flow, manage working capital, and advise on financial strategies to optimize liquidity.
    • Internal Controls & Compliance:
      • Maintain and enforce strong internal controls to safeguard company assets and ensure the integrity of financial data.
      • Ensure compliance with all federal, state, and local regulatory requirements, including tax filings, reporting, and audits.
      • Oversee and coordinate the annual external audit process, working closely with auditors to address any findings.
      • Team Leadership & Development:
        • Manage and mentor the accounting team, fostering a collaborative and high-performance culture.
        • Provide guidance on complex accounting issues and financial decision-making.
        • Ensure team members have access to professional development opportunities and support for their career growth.
        • Cost Accounting & Inventory Management:
          • Oversee the cost accounting functions related to sunflower seed processing, specialty grain production, and other food production activities.
          • Ensure accurate tracking of production costs, overhead, and inventory valuation, including raw materials, work-in-progress, and finished goods.
          • Collaborate with operations to identify cost-saving opportunities and improve process efficiencies.
          • Systems & Process Improvement:
            • Lead efforts to streamline financial reporting and accounting processes, implementing best practices and automation where appropriate.
            • Oversee the integration and ongoing maintenance of financial systems and ensure data integrity.
            • Support IT and finance teams in evaluating new tools, technologies, and systems to improve efficiency and reporting accuracy.
              Qualifications:
              • Education & Experience:
                • Bachelor's degree in Accounting, Finance, or related field; CPA or CMA preferred.
                • 5+ years of progressive experience in accounting and financial management, with at least 2 years in a managerial or leadership role.
                • Experience in a food manufacturing, agricultural, or related industries preferred.
                • Technical Skills:
                  • Strong knowledge of GAAP, financial reporting, and compliance regulations.
                  • Experience with accounting software (Microsoft Dynamics ERP systems preferred) and proficiency with Microsoft Excel.
                  • Familiarity with cost accounting, inventory management, and production-based financial analysis.
                  • Leadership & Communication:
                    • Proven ability to lead, develop, and manage teams effectively.
                    • Strong communication skills, with the ability to present financial information to non-financial stakeholders and senior management.
                    • Strategic thinker with excellent problem-solving and decision-making abilities.
                    • Personal Attributes:
                      • Detail-oriented and highly organized.
                      • Strong work ethic and ability to meet deadlines in a fast-paced environment.
                      • Collaborative, with the ability to build relationships across departments and with external partners.
                      • Commitment to ethical conduct and integrity in all financial reporting and business activities.
                        
                        
                        
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Keywords: Red River Commodities, Grand Forks , Controller, Accounting, Auditing , Fargo, North Dakota