Job Description
Reports To: Accountant/Finance Manager
Duties, Responsibilities, and Accountabilities
Duties
- Farm Operations Financial Tracking:
- Maintain financial records for crop production, livestock, aquaculture, and other farm activities.
- Monitor operational expenses and revenues for each farm unit (e.g., poultry, greenhouse, open-field cultivation).
- Invoice and Payment Processing:
- Prepare and issue accurate invoices for farm produce sold.
- Process payments for farm inputs and ensure payment schedules are met.
- Accounts Payable and Receivable Management:
- Track customer payments and maintain up-to-date accounts receivable records.
- Manage accounts payable, ensuring timely payment to suppliers and contractors.
- Inventory Financial Monitoring:
- Value and monitor inventory (e.g., harvested produce, seeds, animal feed, and equipment) to assess financial performance.
- Bank Reconciliation and Financial Reporting:
- Reconcile bank accounts regularly to ensure accuracy in records.
- Prepare monthly and quarterly financial summaries for farm unit profitability.
Responsibilities
- Ensure accurate financial recording for all integrated farming operations.
- Maintain up-to-date and transparent documentation for internal and external audits.
- Assist in budget planning by providing data on past expenses and projected costs.
- Provide financial insights to support strategic decision-making for farm expansion and resource allocation.
Accountabilities
- Accuracy: Maintain precise and detailed financial records for all transactions.
- Timeliness: Ensure all financial tasks (e.g., invoicing, payments, reporting) are completed within deadlines.
- Compliance: Adhere to financial regulations, accounting standards, and company policies.
- Cost Control: Actively monitor and report variances in operational costs to ensure budget alignment.
- Customer and Vendor Relations: Maintain positive relationships through efficient payment and invoice handling.
Skills and Competencies
- Proficiency in accounting software (e.g., QuickBooks, Sage) and MS Excel.
- Familiarity with agricultural operations and cost structures.
- Strong organizational and analytical skills.
- Excellent communication and interpersonal skills.
- Problem-solving ability to resolve discrepancies efficiently.