At CHS our people and their innovative spirit bring our vision to life each day by linking essential resources to producers and consumers. Each of our employees brings unique talents and skills to our organization. Their vision and collaboration enables us to meet the changing needs of our customers around the world. We are looking for people with integrity who are passionate about agriculture and helping our employees, member-owners and customers succeed. As an Accounting and Finance Associate in the Finance Development Program, you will work with farmers, merchandisers, export documentation, corporate accounting, external audit, internal audit and various finance staff in CHS divisions. You must have excellent communication skills, both verbal and written, analytical skills, problem solving skills, a strong desire to succeed, and the ability to build strong relationships.
The 24-month Finance Development Program provides an opportunity for you to grow professionally. You will gain knowledge and experience through on-the-job training in three 8-month rotations in Grain Accounting, Grain Marketing Financial Reporting, Country Operations Financial Reporting, and Corporate Internal Audit.
Grain Accounting: Accounting Specialist functions (5 months)
- Develop a basic understanding of grain-related contract terms.
- Application and Settlement of loads to contracts: Generate A/P and A/R, multiple modes of transportation and settlement type.
- Perform advance payment and invoicing.
- Vendor/Customer and General Ledger account management and reconciliation.
- Perform General Ledger account reconciliation.
- Customer service: Assist customers with questions.
Grain Accounting: Accounting/Risk Analyst functions (3 months)
- Daily long/short position reconciliation.
- Complete mark-to-market valuations/P&L.
Grain Marketing Financial Reporting: (6 months)
- Perform monthly reconciliations of balance sheet accounts.
- Review Mark to Market Files.
- Analyze Traders P&L for accuracy.
- Prepare financial statements.
- Set-up demurrage, dispatch and other costs on vessels.
- Inventory reconciliations.
- Perform bushel balancing reconciliation.
- Perform hedge journal entries and reconciliations.
- Perform financing review, journal entries and reconciliations.
- Perform terminal advances.
Country Operations Financial Reporting: (6 months)
- Process monthly journal entries for accruals at Country Operation locations.
- Review and analyze the balance sheet, income statement and operating expenses for any variances.
- Review balance sheet support so that it is in conformity to SOX and Country Operations policies.
- Provide support for controllers on SAP, Agris and Country Operations policies and procedures.
- Provide review of financial statements and assist with in house statements and discussions between the general manager and bookkeepers.
- Compile accurate monthly financial statement for non-controller Country Operations location.
- Assist controllers with running SAP and BI Reports.
Internal Audit: (4 months)
- Build effective partnerships with business unit leaders and audit team members in a manner that delivers impact, value and influences positive change.
- Obtain reliable, relevant and sufficient data that is reviewed with professional skepticism. Perform annual SOX testing and report deficiencies to management.
- Ensure audit work papers are a true reflection of all activities performed during the audit engagement.
- Develop accurate conclusions based on test work performed. Document test script activities, findings, recommendations and management action plans, based on root cause analysis and impact to the organization.
- Select and use a variety of manual and automated tools and techniques to obtain and analyze data for each audit engagement.
- Discuss audit findings and their impacts professionally and confidentially.
- Perform follow up testing on open action plans to ensure management action plans have been effectively remediated.
- Assist in developing risk based audit plan.
- Travel up to 30% for Internal Audit/Country Operations rotations
Basic Qualifications: (required)
- Bachelor’s degree in Finance, Accounting, or Business related field
- Must be able to travel up to 30% for Internal Audit rotation
Preferred Qualifications: (desired)
- Agriculture experience or understanding of Agriculture industry
- Previous internship relating to finance, accounting or other Agriculture related internship
- SAP experience
- Proficient in Microsoft Office (Excel and Word)
CHS offers a competitive total compensation package. Benefits include: Health, Dental, Vision, Hearing, Life Insurance, Health and Day Care Savings Accounts, Paid Vacation , 401K, Company Funded Pension, Profit Sharing, Long and Short Term Disability, Tuition reimbursement, and Adoption assistance. This position will have opportunity for growth.
CHS Inc. is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients, along with insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products. CHS is an Equal Opportunity, Affirmative Action, Minority, Female, Veteran, Disability, Gender Identity, Sexual Orientation employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status.