Job Summary :
The FBFM vision is to be recognized as the leading resource for financial and business consulting services to farmers and agricultural industries. The Farm Business Associate position is designed for the colleague desiring ultimately to move into the full-time Farm Business Consultant (Field Staff) role. The activities surrounding this position would include every aspect of the FBFM environment but be primarily focused on the main structure and functions of the organization. The goal of the Farm Business Associate is to lay the FBFM foundation in preparation for advancement within the Company to work directly with clients full time and to build on an established book of business. This process would require a minimum of one year. It would be aimed at someone looking at future advancement and desiring a career in Agriculture. Previous work experience is preferred not required.
Duties :
- Interacts with FBFM clients becoming another Face of FBFM
- Works directly with the Support Staff II to develop a thorough understanding of and have responsibilities for the following :
PC Mars Program : Entering balancing reconciling and editing
Check Accounting with PC MarsPreparation of 2290 and 5500EZ documentsPreparation of responses to IRS and IDOR noticesW-2 / 1099 Software : Preparation of documents and delivery to the clientsIntroduction to LacerteUnderstands the FBFM Model. Makes periodic farm visits with Farm Business Consultant.Comprehends the mechanics of the Manual Record Book and an introduction to the T-Book.Maintains PTIN and attends Tax School.Attends all training required by Illinois FBFM.Attends spring and fall conferences and may attend the NAFBAS conference.Works with Support Staff to understand resources required prior to processing. Compiles check in packets and composes client lettersWorks directly with office Farm Business Consultant to develop an understanding of following :Tax planning The Lacerte tax planner
Checking in Business record booksProcessing Business record booksReviewing capital purchases amounts paid plus loan amounts enter into the FBFM asset managerReviewing capital sales enter into the FBFM asset managerUpdating Fair Market Value report in FBFM asset manager. Review reports for accuracyTransferring PC Mars files to E BookUnderstanding the Why of balancing an E BookTransferring the E Book to the FBFM programCompleting the Enterprise allocation in the FBFM programPrinting preliminary set of FBFM reportsPrinting current year E BookPrinting current year depreciation schedule and FMV scheduleRolling current year E Book to New YearInputs the following tax information in the Lacerte ProgramEstimates
WagesInterestDividendsMiscellaneous IncomeDispositionsSchedule E ActivitiesSchedule FPass Through K-1Form 4562IRA / Retirement ContributionsHealth Insurance AdjustmentsSchedule AFuel Used Off HighwayMaintains file server.Assists Farm Business Consultant as required.Important Qualities :
Analytical skills to grasp distinctive points of business strength and improvementStrong attention to detail.Outstanding organizational skills and ability to prioritize workload.Excellent interpersonal communication problem solving and analytical skills.A self-starter who can manage time wisely and work under limited supervision.The desire to work with farm families on business and tax matters.Ability to handle a heavy workload from November through April.Communication skills to explain their recommendations in confident conversation that others can easily understand.Computer skills to be adept at using software tools to analyze financial & production data and prepare tax returns.Ability to work effectively in a professional workplaceDetail oriented to properly complete production financial and tax documentsMath skills to properly complete production financial and tax documentsRequired Qualifications and Educational Requirements :
Bachelors degree in Ag Business Ag Education Accounting Business Finance or a related field.Agriculture / Farming background or a working knowledge of farm operations the ag industry and accounting / finance principles.Willingness to work longer hours in fall and winter with more flexibility in other seasonsThe ability to travel throughout the region to conduct farm visitsA valid drivers license and reliable transportationPreferred Skills :
Masters degree in Ag Business Ag Education Accounting Business Finance or a related field.Enrolled Agent (EA) with the IRSCPASuccessful experience with current software applicationsSuccessful experience with tax return preparationSuccessful experience working with farm business operationsWillingness to live in the service area.Required Experience :
IC
Key Skills
Sales Experience,B2B Sales,Time Management,Marketing,Analysis Skills,Dental Office Experience,Sales Pipeline,Project Management,CRM Software,negotiation,Management Consulting,Phone Etiquette
Employment Type : Full Time
Experience : years
Vacancy : 1