Finance Manager

  • Full-time

Company Description

Company Description
At Linden Hills Co-op, we adhere to the following ends policies:

* Provide and promote healthful choices for our members and shoppers

* Provide, use and promote earth-friendly, sustainable products

* Encourage activism on sustainability, health and nutrition-related issues

* Build community within Linden Hills and neighboring communities.

The idea for a natural foods cooperative in the Linden Hills neighborhood of Minneapolis’s Lakes district was first considered in 1975, by a small group of neighborhood residents interested in having access to organic, local and natural food. After a series of planning meetings and initial fundraising, a small space was secured and the new co-op opened on March 12, 1976. At the end of Linden Hills Co-op’s first fiscal year, $101.69 in profit was divided among the twenty-four founding members.

In the nearly 40 years since then, Linden Hills Co-op has moved and expanded its offerings four times while remaining the neighborhood’s primary grocer—“big enough to meet your needs; small enough to meet your neighbors.” With a full service deli, great selection of locally made and locally raised foods, many choices for different dietary needs, and a sunny indoor dining area, the co-op serves as a community gathering place—-with groceries.

Job Description

inden Hills Co-Op is looking for a Finance Manager to join our team. The role of the Finance Manager is to ensure that co-op finances conform to accepted accounting principles, while providing financial information and analysis to Board and management; to support achievement of co-op objectives.

  • Prepares annual capital, operating and cash flow budgets.

  • Create and analyze monthly and quarterly financial reports.

  • Banking: Manage the Co-op’s investments, secure bank loans as needed, manage the relationship with lenders, and negotiate with financial institutions for favorable terms.

  • Ensure that auditors have timely access to all needed reports and documents.

  • Prepare end of year packet.

  • Ensure accurate inventories.

  • Work with department managers to establish and attain margin and labor goals.

  • Support GM by creating and/or analyzing business plans and proformas.

  • Oversee purchase of all Co-op’s fixed assets, including all major office equipment; ensure tracking and depreciation of fixed assets.

  • Oversees maintenance of up-to-date filing systems.

  • Money-handling:

    • With Front End Manager, establishes standards of accuracy for cashiers in handling money and provide feedback on performance.

    • Oversees bank deposits and entering of daily cash receipts to ensure timeliness and accuracy.

  • Reconciles bank statements monthly.

  • Participate in the Co-op’s Finance Committee.

  • Oversee allocation and distribution of patronage refunds.

  • Oversee maintenance of accurate, up-to-date owner equity records.

  • Ensure that all State and Federal taxes are filed and paid on time.

  • Calculate quarterly profit sharing

  • Supervise accounting staff.

















Qualifications

  • Post-secondary education in accounting/finance preferred.

  • Full charge bookkeeping and/or financial management experience in a supervisory capacity required.

  • Computer literacy, including MS Word, Excel, accounting software and email required.

  • Strong oral and written communication skills, including the ability to explain and interpret financial reports to individuals with varying levels of financial knowledge.

  • Strong analytical skills.

  • Ability to evaluate and improve accounting systems for efficiency.

  • Excellent organization skills and attention to detail.

  • An understanding and appreciation for the co-op business model.

  • Ability to work both independently and as a team.

  • Ability to meet commitments and timelines.

  • Ability to be flexible in a fast- paced work environment.


Environmental Conditions/Physical Requirements:

  • The physical demands described here are representative of those that must
    be met by an employee to successfully perform the essential functions of this
    job. Reasonable accommodations may be made to enable individuals with
    disabilities to perform the essential functions.

  • While performing the duties of this job, the employee is regularly
    required to sit. The employee is frequently required to use hands to finger,
    handle, or feel and reach with hands and arms. The employee is occasionally
    required to stand; walk; climb or balance and stoop, kneel, crouch, or crawl.

  • The employee must occasionally lift and/or move up to 50 pounds. Specific
    vision abilities required by this job include close vision, distance vision,
    color vision, peripheral vision, depth perception and ability to adjust focus.

Additional Information

We look forward to receiving your application!
All your information will be kept confidential according to EEO guidelines.

 This application is intended for use in evaluating your qualifications for employment. This is not an employment contract. When you submit this application, you promise that the information is true, correct and complete.

 All qualified applicants will receive consideration without regard to race, color, creed, religion, national origin, gender, marital status, status with regard to public assistance, membership in a local commission, the presence of disabilities, sexual orientation, age, or other characteristics protected by law. In addition to the application, other assessments, including, but not limited to, interview, job related skill testing, personality testing, background verification and reference verification may be required prior to employment. This application will be considered active for sixty days. If you wish to be considered for employment after sixty days, or for a different position, you may have to complete another application. If you are under 18 years of age, you may be required to provide additional documents to be eligible for work.