Derivative Accountant

Derivative Accountant

The Derivative Accountant position is an important member of the Land O'Lakes accounting team.

This position is responsible for entering and reconciling the day-to-day trades and works directly with the commodity traders and the business units to analyze and report derivative positions.

This role is located at our Arden Hills, MN corporate headquarters (Hybrid work arrangement each week)

The primary responsibilities include:


* Shares responsibility for the daily and month-end accounting, trading, and derivative wires activity and performs monthly and year-end analysis and reporting of derivative positions.


* Correspond on a daily basis with the commodity traders and counterparties.


* Learn and understand trading strategies and unusual derivatives to set up the trades correctly in our derivatives software.


* Prepare weekly, monthly, quarterly, and ad hoc reporting of trading positions and realized gains/losses.


* Complete periodic SOX testing and documentation reviews of controls to ensure accuracy and reliability of derivative information.


* Prepare supporting schedules for the interim and year-end audits and serve as a contact for the external auditors.


* Other duties as needed.

Education/Experience


* Bachelor's Degree in Accounting or Finance along with a minimum of 1-2 years relevant work experience to include previous internships.


* Must be proficient with Microsoft office suite - Excel required (pivot tables, v-look ups)


* Previous Derivative Accounting or Commodity Trading experience and e xperience with JD Edwards, Eka, and Blackline desired.


* Must demonstrate effective interpersonal communication skills - both written and verbal - with all levels of leadership.


* Must be detail-oriented with financial analysis.

About Land O'Lakes, Inc.

Join us and be part of a Fortune 250, farmer- and member-owned cooperative that is reimagining the business of food.

We have been named a Top Workplace by Indeed and LinkedIn, and to the TIME 100 Most Influential Companies list.

Benefits for most full-time roles include medical, dental, vision, PTO, life & disability insurance, education assistance, a 401k and a variety of well-being resources.

Most part-time employees are eligible for prorated PTO, holiday pay, employee development programs, prorated education assistance, and a 401(k).

Land O'Lakes, Inc.

is an Equal Opportunity Employer (EOE) M/F/Vets/Disabled.

The company maintains a drug-free workforce, including post-employment substance abuse testing pursuant to a Drug and Alcohol Policy.

Neither Land O'Lakes, nor its search firms, will ever contact you and ask for confidential information over the phone or in email.

If you receive a call or email like this, please do not provide the information being requested.