Innovative Ag Services · 5 days ago
Accounting Associate - Accounts Payable
Monticello, IA
Full-time
Onsite
New Grad, Entry LevelInnovative Ag Services is seeking an Accounting Associate to assist in maintaining accurate accounting and inventory records. The role involves processing accounts payable, managing vendor files, and supporting inventory management and reporting.
AgricultureAnimal FeedFarming
Responsibilities
Process Accounts Payable
Review non-inventory invoices submitted by locations for appropriate general ledger coding and evidence of proper approvals, and proper use of preferred company forms
Vouch invoices: Insure proper authorization; inventory payments authorized by a receiving transaction and Non-Inventory authorized by proper approval. Mindful of appropriate due date. Finance charges should be avoided. Monitor invoices for sales and use tax applying current sales tax laws
Maintain detailed activity support for individual prepaid supplier contracts and IAS owned chemical inventory held at Winfield United warehouses
Enter payments to customers: Insure proper authorization and documentation for Customer Refunds, Equity payouts and Agronomy Complaints
Process check run: follow current procedures in light of internal control restrictions to select appropriate vendors to pay by either check or draft and forward the physical checks to the Controller to release
Maintain accounts payable filing system
Maintain integrity of the Vendor Master file
Create new and maintain existing vendor numbers including appropriate name, remit to address, tax type and payment arrangements
Obtain proper tax documentation including a W-9 form and proper IRS confirmation
Assist in the management of the inventory quantities on hand
Understand and communicate IAS best practices for the Inventory Receiving process; including purchase order creation or identification proper Blanket PO, correct item number, Quantity and Unit of measure and appropriate BOL source number
Work with location personnel on identifying and reconciling inventory discrepancies resulting from unmatched inventory receivers. Search for the root cause and communicate best practices to all locations
Maintain integrity of the Inventory Item Master file
Continuously review the Inventory Item Master to the supplier inventory item descriptions to maintain consistency and a clean file
Support management and external reporting by preparing various reports and analysis as requested. External reporting includes but is not limited to sales tax, tonnage tax and fertilizer tax reports
Champion Continuous Improvement
General ledger journal entries and GL account reconciliations
Supplier Statement reconciliations
Answer Finance phone, order company supplies, mail. Any other duties as assigned
Qualification
Required
Proficiency in Microsoft Office suite programs, including Word and Excel
Strong people skills and good phone etiquette
Ability to follow directions and meet deadlines
Working knowledge of double-entry bookkeeping
Static strength to lift, push, pull, or carry objects with a minimum weight of 50 pounds
Flexibility to bend, stretch, twist, or reach with your body, arms, and/or legs
Ability to perform tasks that involve repetitive motion
Company
Innovative Ag Services
Innovative Ag Services offers farm cooperative services including grain, agronomy, feed, and energy solutions.
Founded in 2005
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Ken Smith
Chief Executive Officer
Recent News
2025-03-18
Company data provided by crunchbase