Sox Compliance Manager

Company Overview 

Farmers Business Network, Inc. (FBN®) is a pioneering digital marketplace and farmer-to-farmer network dedicated to empowering family farmers globally while promoting sustainable agriculture. With over 117,000 members, FBN's Farmers First® promise unites growers and ranchers in their quest to maximize profitability and increase food production. FBN leverages data, AI and direct-to-farm delivery to simplify the agricultural supply chain, boosting convenience and transparency, reducing farm input costs, enhancing access to financing and services, and providing personalized farm insights. Its Gradable® joint-venture helps thousands of farmers adopt and earn rewards for regenerative practices while simplifying the access of regenerative products for the world’s leading food companies and grain buyers.

Position Summary

FBN is committed to maintaining strong internal controls and financial reporting integrity as the business continues to grow. This role owns our SOX and internal controls program. You will build and maintain the documentation, run the testing, close the gaps, and make sure our controls are aligned with PCAOB standards.
It's a good fit for someone with a public accounting audit background who's ready to move in-house and own a controls program. Early on, the job is as much about building the program as running it, so you should be comfortable creating structure where there isn't much of it yet.

Responsibilities

• Build and maintain our SOX 404 / ICFR program on the COSO 2013 framework, including the process narratives, flowcharts, and risk-and-control matrices that show how each key financial process works and where the controls sit as well as Entity-Level Controls (ELCs), management's fraud risk assessment framework, and Code of Conduct compliance monitoring.
• Run the annual scoping and materiality analysis to set which accounts, assertions, and controls are in scope, across business processes (revenue, procure-to-pay, inventory, payroll, close, and treasury) and IT general controls.
• Test key controls for design and operating effectiveness, directly or with co-sourced help, then document the results, rate the severity of any gaps (deficiency, significant deficiency, or material weakness), and work with process owners to fix them on time.
• Design and document controls around our more complex, judgment-heavy areas, including the convertible note and term loan and their fair value and 409A valuation, the Gradable joint venture, capitalized software, and revenue, and keep controls in step with the business as we add systems, close acquisitions, or adopt new accounting standards.
• Partner with IT and security on IT general controls (access, change management, and operations) and on the key reports and spreadsheets that feed the financials.
• Evaluate SSAE 18 / SOC 1 Type II reports for critical third-party service providers, identifying Complementary User Entity Controls (CUECs) and assessing vendor risk
• Serve as the main point of contact for our external auditors: own the prepared-by-client (PBC) request lists, pull supporting documentation together from across Finance, keep it moving so the audit stays on schedule, and keep our work in line with PCAOB standards (AS 2201).
• Maintain compliance with PCAOB standards (AS 2201), including appropriate materiality thresholds and sample sizes, and coordinate with external auditors to keep quarterly financial information audit-ready.
• Train control and process owners, help stand up SOX tooling as we scale, and report program status, testing results, and remediation to Finance leadership, the CFO, and the Audit Committee.

Minimum Qualifications

• Bachelor's degree in accounting, finance, or a related field.
• Active CPA.
• At least 7 years of relevant experience, with a strong base in public accounting audit (Big 4 or a large national or regional firm preferred).
• Solid, hands-on knowledge of SOX 404, ICFR, the COSO 2013 framework, and PCAOB standards (AS 2201).
• Direct experience designing, documenting, and testing internal controls, evaluating deficiencies, and driving remediation.
• A working understanding of IT general controls and how they support financial reporting.
• Good working knowledge of U.S. GAAP and the financial close.

Preferred Qualifications

• Experience working in or transitioning to a PCAOB-audited environment, including familiarity with PCAOB materiality standards, sample size requirements, and audit expectations.
• Experience building controls around complex, judgmental areas such as the valuation of debt or convertible instruments, joint ventures, capitalized software (ASC 350-40), and revenue recognition (ASC 606).
• Experience with GRC or SOX tools such as AuditBoard or Workiva.
• Experience with ERP systems and the controls that live inside them (NetSuite, Oracle, SAP, or Workday).
• Comfort using data and automation to make controls testing more efficient.
• Exposure to ag, agtech, fintech, or marketplace businesses, or to multi-entity operations.
• Additional certifications such as CIA, CISA, or CFE.

Characteristics

The successful applicant will be:

• Organized and detail-oriented, able to keep several workstreams moving and hit tight external deadlines without letting quality slip.
• A clear communicator who can get cooperation from people who do not report to them.
• A self-starter who is comfortable with ambiguity and likes building things from scratch.
• Practical about risk, and able to tell what really matters from what does not.
• Collaborative, and easy for Finance, IT, and operations to work with.

To understand the physical demands of this job, please click this link and refer to Template B The following represents FBN's reasonable estimate of the US national average base salary range for this role based on market data and placement of internal employees: $125,000-$144,000. This salary range may vary based on geography and the higher cost of labor in some metropolitan areas.  Beyond Base Pay, FBN also offers all full-time/permanent employees competitive total compensation packages that include equity compensation (dependent upon job level), incentive/bonus plans (dependent upon position), paid holidays plus an additional floating holiday, work flexibility including paid time off and remote work if your role is eligible, parental leave, benefits including but not limited to: medical, dental, vision, wellbeing, short & long term disability, life insurance, 401k, HSA employer contributions, and more. FBN is proud to be an equal opportunity employer that is committed to diversity and inclusion in the workplace. We do not discriminate in hiring or any employment decision based on race, color, religion, national origin, age, sex (including pregnancy, childbirth, or related medical conditions), marital status, ancestry, physical or mental disability, genetic information, veteran status, gender identity or expression, sexual orientation, or other applicable legally protected characteristic. FBN considers qualified applicants with criminal histories, consistent with applicable federal, state and local law. 
We participate in the E-Verify program in certain locations as required by law. Learn more about the E-Verify program here. FBN is also committed to providing reasonable accommodations to the known limitations for qualified applicants with disabilities and disabled veterans in our job application process. If you need assistance to complete this form or participate in an interview, please let us know.