Company Description
Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally.
Job Description
Overall Purpose and Objective of Position
This position is responsible for all financial accounting aspects of the monthly and quarterly closing for the US Cotton operations business.
Primary Responsibilities/Essential Functions
- On a monthly basis, prepare analyses of all balance sheet and P&L accounts for the US Cotton Merchant business. Through interactions with the controller and the trading team, completes a quarterly gross margin analysis, including average sales price and volumes.
- Prepare quarterly analytical presentations and perform other ad hoc projects for Director of Accounting.
- Completes the monthly close for the US Cotton Merchant business.
- Completes all key monthly balance sheet and P&L reconciliations, including inventories, open contracts, futures and option portions (including margining) and books all related month-end journal entries.
- Reconciles all intercompany transactions.
- Populate monthly management and quarterly management and statutory reporting packages using LDC reporting package, Magnitude.
Additional Responsibilities
- Assists in the preparation of budgets and populates full package into Magnitude.
- Provides support and documentation for year-end audit (December) and half year review.
Qualifications
Education/Professional Certifications/Licenses
The following is the basic qualification: Bachelor’s degree in Accounting. An advanced degree and/or a CPA is preferred.
Experience
The following is the basic qualification: three plus years of accounting or analysis experience
Decision Making/Accountability
- Accountable for assigned areas of the financial package.
- Expected to complete task in a timely manner to meet deadlines and inform the Director of Accounting of progress.
- Maintain confidentiality of sensitive financial information of the company.
- Detail oriented.
- Good reasoning skills to determine if financial data and journal entries appear reasonable.
- Performs self-check of completed task before submitting to Director of Accounting for review.
- Good written and oral communications preferred.
Knowledge/Skills/Abilities (including any physical demands)
The following are the basic qualifications:
- Knowledge of General Ledger accounting practices, specifically account reconciliations, accruals and journal entries applicable to for-profit businesses
- Understanding of P&L data & basic trading concepts
- Ability to recognize variances in accounts
- Advanced level of proficiency in MS Excel
- Strong documentation skills
- Good verbal and written communications skills
- Ability to work independently and effectively prioritize multiple tasks to accommodate strict deadlines
- Strong analytical skills
The following is the preferred qualification:
- Proficiency with commodity accounting and contract systems such as ATLAS
Additional Information
Company Conformance Statements
In the performance of their respective tasks and duties, all employees are expected to conform to the following:
- Perform quality work within deadlines with or without direct supervision.
- Interact professionally with co-workers, Company business associates and the public.
- Work together in a cooperative spirit to serve the best interests of the Company.
- Operate in a fully responsible manner and comply with the law and Company policy.
What We Offer
We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.
- Comprehensive benefits program including medical, dental and vision care coverage, flexible spending account plans, employee assistance program, life insurance and disability coverage
- 401k with Company Match
- Family Friendly Benefits including childbirth and parental leave, fertility and family building benefits
- Paid Time Off (PTO) and Paid Holidays
- Flexible work available (not applicable to all roles)
Diversity & Inclusion
LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.
LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.
Equal employment opportunity (EEO)
Louis Dreyfus Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Sustainability
Sustainable value is at the heart of our purpose as a company.
We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us
What We Do
Louis Dreyfus Company is a leading merchant and processor of agricultural goods. We leverage our global reach and extensive asset network to serve our customers and consumers around the world, delivering the right products to the right location, at the right time – safely, responsibly and reliably. Our activities span the entire value chain from farm to fork, across a broad range of business lines (platforms). Since 1851 our portfolio has grown to include Grains & Oilseeds, Carbon Solutions, Food & Feed Solutions, Coffee, Cotton, Juice, Rice, Sugar, Freight and Global Markets. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Structured as a matrix organization of six geographical regions and eight platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally. For more information, visit www.ldc.com.