Treasurer job description

The Controller provides executive-level leadership and guidance to the organizations Finance operations. Direct and oversee the financial activities of the corporation, direct the preparation of current financial reports and summaries, and create forecasts predicting future growth
Duties and Responsibilities

Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.

Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.

Reviews planning process and suggests improvements to current methods.

Analyzes operations to identify areas in need of reorganization, downsizing, or elimination.

Works with the President and other executives to coordinate planning and establish priorities for the planning process.

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

Oversees the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles or international financial reporting standards.

Recommends benchmarks that will be used to measure the companys performance.

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

Provides financial analysis, with emphasis on capital investments, pricing decisions, and contract negotiations.

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

Files quarterly and annual reports with the Securities and Exchange Commission.

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

Performs other related duties as necessary or assigned.

Ensures compliance with federal, state, local, and organizational laws, regulations, guidelines, and best practices, including but not limited to tax laws, generally accepted accounting principles (GAAP), federal acquisition regulations (FAR), and cost accounting standards (CAS).

Migrate company from Cash at Accrual accounting.

Facilitates implementation of new systems and enhances use of existing systems, including move organization from QuickBooks to NetSuite or comparable platform.

Requirements

Thorough knowledge of financial and legal best practices and requirements with a proven ability to provide sound and ethical financial counsel to executive leadership.

Thorough understanding of and personal involvement with systems and methodologies of finance and administration.

Excellent verbal and written communication skills.

Excellent organizational skills and attention to detail.

Proficient with Microsoft Office Suite or related software.

Strong presentation skills.

Excellent leadership skills.

Strong analytical and critical thinking skills.

Education and Experience

Bachelors degree in Accounting or Finance required; MBA preferred.

Certified Public Accountant status highly desired.

Relevant experience in the financial function of a company.

Benefits

Competitive salary package including Bonus, Benefits, 401k

• Responsible for the management of the Treasury, Hedging/Trading, Accounts Receivable, Data Management and Credit & Collections departments.
• Ensure related company financial reports for banks and others are prepared in compliance with policies and directives, US GAAP and SEC reporting requirements.
• Ensure direct related SOX compliance activities and internal controls are performed timely and accurately.
• Direct all daily treasury management and operation functions, controlling the flows of $500m+ of annual cash flows.
• Monitor the market and execute trade activity on behalf of Farmer Brothers, with a variety of approved brokers, in coordination with strategic coffee purchasing consulting firm.
• Lead all strategic C-market strategies via analysis and interactions with all related industry parties (market consultants, financial trading firms, coffee suppliers, customers and green coffee procurement team internally).
• Lead customer C-Market hedging strategies and direct traders, etc on proper activities for each participating customer.
• Prepare the monthly management review of Gain/Loss related to hedging activities and quarterly requirements for audit committee, external auditors, etc.
• Coordinate and prepare monthly and quarterly data for and with Opportune (3rd party hedge accounting firm) to ensure hedge accounting requirements are met.
• Conduct bi-weekly reviews with hedging committee, making recommendations for buys based on forecasted revenues and c-prices. Integrate strategic consulting firm recommendations into discussions and trading practices.
• Work with banking syndicate and maintain key relationships and improvement strategies.
• Evaluate all strategic financing opportunities and capital market transactions.
• Provide oversight of cash management, including cash flow forecasting and reporting, managing relationships with all outside banking, credit and investment partners.
• Analyze new business initiatives to assess the liquidity risk implications and funding requirements.
• Make recommendations to senior leadership regarding financial processes and corporate business processes.
• Perform monthly, quarterly and annual analysis of financial statements, cash flows and working capital efficiencies.
• Support CFO in developing and executing the Company's financing strategies.
• Ensure all bank and investment account reconciliations are completed in an accurate and timely manner.
• Prepare Board reporting in conjunction with the Acct/Finance team, both monthly and quarterly.
• Lead external banking, hedging and other professional service relationships, contracts and strategies.
• Assist with process improvement and project development oversight.
• Contribute in the independent accountant's annual audit.
• Work closely with all areas of the company to enhance reporting of key business drivers.
• Assist in annual budgeting and ongoing forecasting processes for key corporate entities and cost centers.
• Perform a variety of special projects in conjunction with the CFO and others focused on continuous improvement across the organization.
• Potentially assist in technical accounting research and drafting position papers on significant or complex accounting policies.
• Other duties as assigned.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• MS or MBA preferred.
• CPA required.
• 12+ years of progressively responsible treasury experience with management level experience required.
• 3 - 5 years of experience managing a team of direct reports.
• Public Accounting or accounting experience with a publicly traded company preferred.
• CPG, Distribution or Manufacturing industry preferred.