Farm Business Manager / Accountant

Farm Business Manager / Accountant

A farm business manager/accountant is responsible for the administration of management accounts, organizational budgeting and the administration of accounting processes. They must analyze, report and give advice on the financial dealings for the company/farm and associated record keeping and compliance requirements. Furthermore, they interpret the statistical and accounting information to appraise operating results in terms of cost, budgets, and policies of operation, trends and increased profit possibilities.
What Responsibilities Will I Have?: 
  • Responsible for daily administration of financial and accounting practices of the business
  • Perform accounting duties as directed, including budgeting and costing control
  • Responsible for costing and pricing of stock items, including in-progress and finished products
  • Responsible for calculating cost pricing of work in progress stock items
  • Assist management in preparing documentation for budgeting and financial reporting procedures
  • Analyze and report on project and product costing
  • Create production of daily and periodic cost statements
  • Interpret the statistical and accounting information
  • Maintain general ledger
  • Develop accounting and financial management systems and reports
  • Analyze and interpret monthly operating or project performance against budget
  • Budget compilation and control, with analysis of monthly reports against budgets
Recommended High School Courses: 
The following high school courses are recommended: agricultural education, mathematics, economics and accounting.
Education/Training Required: 
A bachelor’s degree in agricultural business, accounting, finance or business administration is usually needed.
Future Job Market Outlook: 
Typical Employers: 
Agricultural lending banks and agricultural insurance companies hire farm business managers/accountants, but small and large scale agricultural production farms hire farm managers as well.
Suggested Professional Organizations and Associations: 
  • State Agribusiness Associations
  • American Society of Farm Managers and Rural Appraisers
  • Women in Agribusiness
Average Annual Full-Time Salary: 
$62,933
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Salary data is provided by the AgCareers.com Compensation Benchmark Review™. These salaries should be considered as examples and are provided for educational and exploratory purposes. The salary information provided should not be used as a benchmark. Actual salaries are influenced by numerous variables including but not limited to demographics, size and scope of the role, level of experience, qualifications, and education of the worker.