What are the responsibilities and job description for the Retail Business Manager position at Insight FS?
Retail Business Manager - Insight FS - Jefferson, WI
Insight FS is headquartered in Jefferson, Wisconsin with 23 branches across the state and upper peninsula of Michigan. Insight FS has 430 employees (including seasonal workers) and approximately 50,000 customers. The cooperative does business in agronomy, agri-finance, precision agriculture, nutrient management, energy, feed, grain, and turf. Insight FS is part of the GROWMARK System, an agricultural cooperative serving more than 100,000 customers across North America and Ontario, Canada.
Functions as a liaison with the corporate accounting team and the retail business to review, develop and administer appropriate accounting procedures at the retail division. Provides guidance and leadership to the retail office staff to ensure consistent administration of policies and procedures. Makes use of technology driven processes within the organization to optimize efficiency and timeliness of data.
Provides direction, controls and makes recommendations to strategically enhance financial performance and business opportunities.
Manages the processes and leads Management Staff in the preparation and tracking of the annual financial and capital budget. Tracks and facilitates AFE/ASD projects and capitalization of assets from construction in progress.
Ensure inventory is maintained accurately and company procedures are followed. Responsible for administering the periodic review and monitoring of the inventory observation process. Facilitates activities with the on-site retail management team and the observation team to capture inventory data for review and analysis. Troubleshoots and resolves inventory and shrink discrepancies.
Presents financial results to the Board of Directors, Senior Leadership Team, and employee groups.
Evaluates mergers and acquisitions, real estate transactions and insurance activities for the company.
Ensures that effective internal controls are in place and ensures compliance with GAAP and applicable federal, state and local regulatory laws as well as GROWMARK policies for financial, capital and tax reporting.
Analyzes appropriate accruals to ensure adequate reserves are recorded for crop claims, credit risk, and vendor rebates and patronage.
Oversees the IT function including development of capital needs and identification and analysis of technology to enhance efficiency and profitability of the company.
Oversees the issuance of all financial information, including personal review and approval of monthly and annual financial statement.
Oversees the payroll function in conjunction with the Growmark Retail Accounting team and HR.
Ability and willingness to participate in required training that may include education on GROWMARK’s policies and procedures and additional training as it relates to the requirements of the position.
SECURING YOUR FUTURE, ONE BENEFIT AT A TIME.
Our benefits packages are designed to support every aspect of our employees’ well-being—from health plans to life insurance, robust retirement plans, and more. We provide benefits that meet their needs today while also ensuring a secure future.
Offerings may include, but are not limited to:
- Fully Funded Pension*
- 401(k) & Employer Match
- Medical, Dental, Vision
- HSA & Employer Contributions
- Life Insurance
- Disability
- Identity Protection
- The pension plan is subject to individual company participation. Those who do not participate in the pension plan enjoy a higher 401(k) employer match.
**Some benefits are subject to the hiring company.
- DC Pension Plan
- RRSP
- Medical, Dental, Vision
- Life Insurance
- Disability
- Volunteer Day
- Benefit eligibility may be dependent on employment type
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