Are you interested in joining an industry leader who is passionate about growth? At Southern States Cooperative (A Farmer Owned Cooperative since 1923); we are focused on helping our employees and our customers grow, by being the very best at offering challenging and rewarding career opportunities to our employees and providing superior products, services and growing solutions for our valued customers. We want to hear from you, so come grow with us!!!
This role is a member of the Accounting Shared Services team primarily responsible for cooperative equity accounting and vendor management within Accounts Payable. Responsibilities include maintaining accurate records related to patronage-based equity, including stock issuance, patronage refunds, revolvements and redemptions for Southern States as well as approximately twenty-five member cooperatives. This role is also responsible for vendor administration, ensuring vendor data integrity and strong internal controls.
How you will impact Southern States Cooperative:
Maintains and reconciles member equity accounts, including stock and patronage allocations.
Processes membership redemptions and maintains appropriate documentation ensuring transactions are recorded accurately and in accordance with cooperative policies.
Serves as a point of contact for patrons and member cooperatives regarding inquiries regarding equity accounts and balances.
Manages vendor setup and maintenance, including creating and updating vendor records in the accounting system
Obtains and maintains required tax documentation and banking information for vendors.
Prepares journal entries related to member equity activity and accounts payable as needed.
Prepares account reconciliations as assigned.
Assists with forfeiture and escheatment processes for stock records and accounts payable.
Supports the federal tax reporting requirements for stock records and accounts payable, including 1099-DIV, 1099-PATR, 1099-MISC, and 1099-NEC, ensuring compliance with applicable regulations.
Assists with month-end and year-end close processes.
Supports financial, bank, and other external audits as needed.
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Requires bachelor's degree in accounting or related field
1-2 years of accounting experience preferred
Working knowledge of accounting principles (GAAP)
Some of the many benefits we offer:
Southern States Cooperative, Inc., is an Equal Employment Opportunity/Affirmative Action Employer and does not discriminate against individuals based on their race, color, religion or belief, national or ethnic origin, sex (including pregnancy), age, disability, sexual orientation, gender identity, veteran status, family medical history or genetic information, or any other status protected by federal, state or local laws, or regulations.
Welcome to Southern States Cooperative's Company Page!
You can also visit www.southernstates.com for special updates, our library of articles and more! Ask us for expert advice on farming, raising livestock, gardening and more.
Vision:
To be the trusted hometown ag retailer, generating sustained results for our customers and profitability for our cooperative members.
Mission:
To be customer focused, providing superior products and services with expertise for farms and around the home.
Core Values:
Our values are rooted in relationships, hard work, tradition, integrity and a dedication to the land, livestock and a rural way of living.
One Team: We trust, develop, and value one another.
Customer Experience: We nurture valued relationships and exceed customer expectations.
Sustainable Growth: We generate operational earnings to reinvest in the growth of our Member Owners, our employees, facilities and equipment.
Open Communication: Employees are well-informed, understand company direction and their role in the success of our cooperative.
Accountability: We live up to our commitments daily.
Integrity: We do the right thing. Every day.
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