Agribusiness

Agribusiness

Overview:

Agribusiness Managers analyze, report and give advice for a company or farms financial well-being. They conduct strenuous record keeping and oversee management accounts, company budgeting, and the administration of accounting tasks.

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 to appraise operating results in terms of cost, budgets, and policies of operation, trends and increased profit possibilities
  • 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

What education and training is required?

A bachelor’s degree in agricultural business, accounting, finance or business administration

To pursue a career as a Farm Business Manager/Accountant:

The following high school courses are recommended:  agricultural education, mathematics/economics/accounting.

Typical Employers:

Agricultural lending banks and agricultural insurance companies.

Future Job Market/Outlook:

The future outlook for Farm Business Manager/Accountant is projected to be good.

Suggested Professional Organizations and Associations:

  • State Agribusiness Associations
  • American Society of Farm Managers and Rural Appraisers
  • Women in Agribusiness