General Accounting Manager

Ocean Mist Farms

$90K — $120K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or related field.
  • 7-10 years of experience in accounting, preferably in the agricultural industry.
  • Proficient in Famous, Trullion (ASC 842), and MS Office (Word and Excel).
  • Ability to collaborate effectively across all levels of the organization.
  • Strong verbal and written communication skills.
  • Excellent multitasking abilities in a fast-paced environment.
  • High degree of initiative and sound judgement required.

Responsibilities

  • Manage lease accounting processes to ensure compliance with ASC 842.
  • Maintain and report on lease schedules and recognize right-to-use assets.
  • Prepare notes for related party transactions.
  • Handle journal entries for debt and financing transactions.
  • Support bank compliance and borrow base schedules.
  • Provide cash forecasts and manage debt accounting.
  • Liaison with external auditors and support board presentations.

Benefits

  • Comprehensive health insurance covering medical, dental, and vision.
  • 401(k) retirement plan with employer matching.
  • Generous paid time off policies, including vacation and sick leave.
  • Opportunities for professional development and continuing education.
  • Flexible work arrangements including remote work options.
Full Job Description
The General Accounting Manager will be responsible for the management of higher-level general accounting activities such as financial statement preparation including notes and staying up to date with new standards and updates. The Manager is expected to have a significant role in the upcoming ERP consolidation project.

Essential Duties and Responsibilities

Lease Accounting
  • Ensure Compliance with ASC 842 by managing the company's lease accounting process, including identification, classification, and accurate reporting of lease agreements
  • Maintain lease schedules, and ensure timely recognition of right-to-use assets and lease liabilities in accordance with ASC 842 guidelines

Related Party Transactions
  • Prepare notes for related party transactions

Debt & Financing Transactions
  • Prepare entries for finance transactions such as interest rate swaps
  • Bank compliance certificate support and completion
  • Support for borrow base schedule

Property leases
  • Maintain schedules and prepare journal entries for property leases and similar transactions

Cash and Treasury/Risk Management Support and Liaison
  • Ensure Line of Credit and other debt is accounted for properly
  • Provide cash forecasts as needed

Internal and external support
  • Liaison with the external auditors
  • Provide support regarding board presentations as requested.
  • Financial Statement preparation in compliance with auditing standards

Review and approve Journal Entries as assigned

Review and reconciliation of Inter-company transactions

Support Deloitte Tax Team

Prepare and review local and state tax returns

Support the consolidation of seven entities into a single Famous instance without the need for reconciling differences

Job Requirements and Qualifications
  • Bachelor's degree in accounting or equivalent
  • Minimum 7-10 years of experience in Accounting, Agricultural industry preferred
  • Proficient in Famous, Trullion (ASC 842), Word, Excel, and other computer software programs
  • Strong collaborator with ability to interact with all levels of staff in the organization
  • Strong verbal and written communication skills
  • Ability to multitask in a high volume, multi-deadline environment
  • Must exercise a high degree of initiative, judgment, discretion and decision-making

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