Chief Financial Officer and Treasurer

Illinois Farm Bureau; Bloomington (IL); On-site; USD 216,000 - 264,000; Full time

Benefits offered by this job

Health insurance

401(k) with company match

Parental leave

Paid time off

Paid holidays

Volunteer time off

Job summary

A leading agricultural organization is seeking a Chief Financial Officer to oversee financial management, investments, and budgeting. This role entails participating in strategic planning and ensuring compliance with financial policies for multiple affiliated companies. Candidates should possess strong leadership, analytical skills, and a solid background in finance or accounting, ideally with a CPA designation. The position offers a competitive salary based on experience and the opportunity for incentive pay, emphasizing the organization's commitment to supporting Illinois agriculture.

Qualifications

• Five or more years of relevant senior management experience.
• Strong ability to motivate and lead teams effectively.
• Excellent analytical and strategic thinking capacities.

Responsibilities

• Oversees fiscal activities and financial management of Illinois Farm Bureau.
• Leads the development of financial objectives and budget processes.
• Manages treasury operations and supervises institutional borrowing.

Skills

Technical finance skills

Leadership skills

Problem-solving skills

Interpersonal communication skills

Project management skills

Risk management knowledge

Education

Bachelor’s or advanced degree in finance, accounting, business administration

Job description

Join us at the Illinois Farm Bureau to become part of an influential leader that has a rich history and vision toward the future of agriculture.

We’re excited you’re looking for a career with Illinois Farm Bureau as we advocate for farmers and agriculture. We’re a grassroots organization made up of people who support farms, food and families in Illinois. Apply today to become a vital part of helping us advocate for Illinois agriculture and support Illinois farm families.

About the role

The Chief Financial Officer and Treasurer at Illinois Farm Bureau (IFB) serves the Illinois Agricultural Association (IAA) as the senior financial professional and is responsible for overseeing its fiscal activities. Serves as a member of the IAA Management Team. Responsible for supervision of financial management, investment policies, disbursements, accounting and accounting procedures, budgeting and financial statements of the Illinois Farm Bureau and certain affiliated companies. Responsible for the financial management of IAA, Illinois Agricultural Services Company (IASC), Illinois Agricultural Holding Company (IAHC), Association of Illinois Agricultural Association (AIAA), Association of Farm Bureaus of Illinois (AFBI), Agricultural Support Association, and IAA Foundation. Serves as Treasurer for COUNTRY Financial and related affiliates, and management oversight to the IAA Credit Union. Also responsible for oversight of Information and Digital Technology, and Facilities and Administration.

How does this role make an impact?

• As a member of the IAA Management Team, participates under the leadership and direction of the President in the strategic planning of IAA.
• Responsible for the financial management of IFB and affiliated reporting to the Board of Directors of each organization. Develops and recommends financial objectives for each organization and once approved is responsible for their execution. Oversees the budget process for the Finance Division as well as IAA as a whole and each affiliated company.
• Responsible for the Treasury Management for IFB and affiliated companies as well as COUNTRY Financial and related affiliates. Recommends bank depositories and policy concerning the handling and custody of cash and securities for these companies. Negotiates or supervises the negotiation of institutional borrowing, bank loans and all other indebtedness for the companies.
• Serves on following committees and boards of directors: Illinois Agricultural Services Company – Board Member; COUNTRY Financial and COUNTRY Trust Bank Investment Committees, Finance (budget) Committees, Trust Committee, Operating Board; Prairie Farms Dairy Special Finance Committee; Administrative Committees of Various Pension and Employee Benefits Plans; Leads Employee Services Coordinating Committee (ESCC).
• Serves as resource person and secretary to: IFB Board Finance Committee, IFB Board Audit Committee and COUNTRY Financial Audit Committees.
• Oversees the investment portfolios of IFB and affiliated companies coordinating with Country Trust Bank and ensuring compliance with Investment Policy, recommending changes to the Investment Policy to the IAA Finance Committee as needed.
• Responsible for establishing the authorization limits for the approval of the disbursement of funds for IFB and related affiliates.
• Responsible for the accounting policies and the financial statements for IAA and affiliated companies as well as tax planning and ensuring the tax returns for all organizations are prepared timely and accurately.
• Provides county farm bureaus with analysis of their financial condition and recommends action when appropriate.
• Responsible for risk management, and for determining and obtaining insurance coverage for asset and liability exposures of the IFB, Association of Illinois Agricultural Association (AIAA), Association of Farm Bureaus of Illinois (AFBI), Illinois Agricultural Service Company, Illinois Agricultural Holding Co., and IAA Foundation.
• Provides management oversight to IAA Credit Union and coordination between the IAA Credit Union and sponsoring employers.

Do you have what we’re looking for?

• Command of technical finance, accounting, and treasury skills.
• Five or more years of successful, relevant senior management experience.
• Strong leadership skills, including the ability to develop and motivate others, resolve conflict, delegate effectively and lead change.
• Ability to think strategically and creatively, including strong problem-solving and analytical skills.
• Excellent written, verbal and interpersonal communication skills, including strong presentation skills.
• Strong project management skills, including the ability to manage multiple projects simultaneously, organize efficiently, establish priorities and attend to details.
• Understanding of insurance and risk management.
• Bachelor’s or advanced degree in finance, accounting, business administration or related discipline and Certified Public Accountant (CPA) designation preferred.

Base Pay

Base Pay Range:

$240,000 to maximum (commensurate with experience).

The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience.

Incentive Pay

In addition to base salary, this position is eligible for additional incentive pay.

Why work with us?

Illinois Farm Bureau planted roots in 1916 and is one of the largest Farm Bureau organizations in the United States. Illinois Farm Bureau is a voice for Illinois farmers, farm families, and anyone involved in food and agriculture. That covers a lot of ground. Illinois Farm Bureau represents members in Springfield, IL and Washington D.C. When you become a part of Illinois Farm Bureau, you become part of something that touches the lives of people every day. You truly make a difference.

You’ll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match, parental leave, paid time off, paid company holidays and time off to volunteer. Please click here to learn more about Illinois Farm Bureau and the many benefits we offer our employees.

Illinois Farm Bureau is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.

Illinois Farm Bureau does not generally sponsor individuals for employment-based visas for this position.