What are the responsibilities and job description for the Finance & Equity Accountant position at Agri-Mark, Inc.?
How would we describe a career with Agri-Mark/McCadam/Cabot Creamery? More than 100 years of: Farmers, Family, Mission, Purpose, Sustainability, Respect, Integrity, Work Ethic, Teamwork, Pride in Award Winning Products, and Agriculture.
Cabot Creamery achieved B Corp certification in 2012 and became the world’s first dairy co-op to do so. This certification demonstrates our commitment to transforming the global economy to benefit all people, communities, and the planet.
Agri-Mark is a dairy cooperative primarily in New England and New York, with over 400 producer members. The dairy farm family members own the cooperative, supplying premium milk for brands like Cabot Creamery and McCadam cheese, plus other dairy ingredients.
The Finance & Equity Accountant facilitates member equity and member reinvestments while providing essential coverage and support for Producer Payroll. This role combines technical accounting expertise with strong communication skills to provide high-level service to our members and internal stakeholders. A key focus of this position is to identify and assist in enhancing existing processes and systems to drive greater efficiency and accuracy.
We offer a hybrid schedule with three days in our Andover, MA corporate office (Tuesday-Thursday). The salary range for this role is $65-75k
What you'll be doing:
Producer Member Reinvestments
- Calculate monthly interest and ensure proper accounting of all investment accounts.
- Prepare monthly and annual journal entries and perform comprehensive account reconciliations.
- Input deposits, withdrawals, and interest in the system.
- Process investment withdrawals and create vouchers for payments.
- Prepare and issue annual statements; prepare and process annual FORM 1099-INT, ensuring timely and accurate reporting.
- Correspond with producer members to assist with investment-related inquiries and provide clarity on account activity.
Producer Member Equity
- Prepare monthly journal entries, reconciliation, and detailed analysis of equity accounts.
- Process equity transactions in the system, track member cancellations, and ensure proper accounting.
- Prepare and process annual FORM 1099-PATR.
- Prepare and process various annual equity procedures, including issuance of statements and ensure strict adherence to deadlines and accuracy.
- Correspond with producer members to assist with equity related inquiries.
- Identify, develop, and implement changes to streamline and improve equity l processes
- Assist with annual equity repayments, journal entries, and detailed reconciliation.
- Participate in annual year-end audit procedures.
Producer Member Payroll
- Assist with bi-monthly producer payroll processing, ensuring accuracy and timeliness.
- Prepare journal entries and reconcile producer payroll accounts.
- Identify, develop, and implement changes to streamline and improve producer payroll processes
- Serve as a backup to the Payroll Supervisor during absences.
What we are seeking:
- Knowledge of financial systems, general ledger functions, and core accounting concepts.
- High level of proficiency in MS Office, specifically within Excel. Demonstrate expertise in complex formulas / functions and building analytical models.
- Ability to leverage analytics to generate insight and provide recommendations for solutions.
- A self-starter with excellent interpersonal communication and problem-solving skills.
Education and Experience:
- Bachelor’s Degree in Accounting, Finance or Business Administration is required.
- A minimum of 2-3 years of accounting experience (or similar relevant experience) is required.
NOTE: This job description is not intended to be all-inclusive. Employees may perform other related duties as assigned to meet the ongoing needs of the organization.
Agri-Mark is an equal opportunity employer. The company is committed to the fundamental principle of equal opportunity and equal treatment for every qualified prospective and current employee. The company does not discriminate or allow discrimination on the basis of race (including traits historically associated with race including hair texture and protective hairstyles), color, religion, ancestry, national origin, citizenship, genetic information, sex (including pregnancy or pregnancy-related conditions), sexual orientation, gender identity, place of birth, crime victim status, age, physical or mental disability, a positive result from an HIV-related blood test, military or veteran status, or any other classification protected under applicable federal and/or state law.
Agri-Mark complies with all federal, state, and local laws and regulations.
Salary : $65,000 - $75,000