Head of Accounting

Number of employees

15

Remote, United States

Posted on: 2023-05-15

Category: food

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Employment type:

Full time

Remote?

Yes

Experience required:

Intermediate

Salary

Salary not provided

About the company:

Fat is good. "Vegetable" oils are bad. Bad for us. Bad for the planet.

Our mission is simple: to eradicate the use of toxic vegetable oils in our food system. 

These destructive oils are hidden in everything, from salad dressings and condiments, to fast food and Michelin-starred restaurants, accounting for 20% of our daily calories. 

Vegetable oils have been linked to weight gain, diabetes, cancer, cognitive decline, heart disease, autoimmune disease, and more. They increase risk of death by 62% — more than heavy drinking or moderate smoking — and are a leading cause of deforestation and climate change. 

Zero Acre Farms is replacing the most problematic part of our food system with oils and fats that don't make us sick or destroy the planet. 

And we’re doing it by introducing a new category of healthy oils and fats, made by fermentation, not deforestation. 

Fermentation is the original culinary art, after fire. We use this ancient technique in a revolutionary way to produce oils and fats with the lowest levels of bad fats linked to inflammation and disease, while having a small environmental footprint.

As a team of food lovers, nutritionists, innovators, doctors, and PhDs, we’re banding together to save our health and planet without sacrificing the foods we love. 

The world needs an oil change. We hope you join us. 

Why We Exist

We believe a healthier world is possible with better oils and fats.

Vegetable oils account for 20% of our daily calories and have been linked to chronic disease, inflammation, obesity, and cognitive decline, as well as deforestation, biodiversity loss, and climate change, with no end in sight.

Vegetable oils are now the most consumed food in the world behind rice and wheat and are the fastest growing sub sector of global agriculture. More vegetable oil is consumed globally than all beef, chicken, cheese, and shrimp, combined.

The world needs an oil change.

Zero Acre Farms is on a mission to replace destructive vegetable oils in the food system with healthier, more sustainable oils and fats made by fermentation. Our first product, Cultured Oil, just launched DTC as we look ahead to retail, foodservice, and food manufacturing expansion.

Our Team

We’re a team of food lovers, nutrition believers, innovators, doctors, sustainability advocates, PhD’s, and problem solvers. We believe in taking care of our health and our planet’s health without sacrificing the foods we love. We started Zero Acre Farms out of concern for what we’re all involuntarily putting into our bodies and the profound effect it’s having on our health and the natural world.

Zero Acre Farms is backed by an incredible group of investors, including mission-driven VC’s, celebrities, influencers, and change makers.

The Role

We are seeking an experienced Head of Accounting to support the rapid growth of our business. Reporting to the Director of Finance, the Head of Accounting will be responsible for implementation and oversight of all the accounting operations, including implementation of systems and best-in-class financial reporting processes designed to enhance the accuracy of our financial results. With the support of the Director of Finance and the opportunity to manage our external accountants, this hire will oversee all aspects of accounting, including AR, AP, inventory management, systems implementation, GAAP compliance, payroll and tax compliance, and the audit processes, amongst other items. This role will develop the foundation for our accounting function and identify current gaps in our knowledge base, with the opportunity to grow and manage a team to fill those gaps in the future.  

Responsibilities

  • Responsible for all aspects of accounting: financial statements, general ledger, inventory accounting, cost accounting, accounts payable, accounts receivable and tax compliance

  • Manage a team of external accountants and transition tasks in house as appropriate

  • Responsible for the timely completion of month and year-end financial reporting and seek continuous improvement in the speed and accuracy of reporting

  • Prepare financial statements in compliance with GAAP guidelines and CPG practices

  • Establish and implement accounting policies in accordance with GAAP best practices

  • Manage the day-to-day audit process, including the preparation of support, financial statements and communications with external auditors

  • Partner with the supply chain team to implement an inventory management system and / or an ERP as the business scales

  • Responsible for all aspects of payroll (currently run by external accountants), tax reporting, and compliance

  • Work closely with the Director of Finance to manage the financial results of the business

  • Assist the finance team on special projects and documentation / automation of processes 

Requirements

  • You have relevant accounting experience in a CPG, food or manufacturing environment and have advanced excel skills 

  • A results-oriented leader who identifies issues/challenges and drives aggressively to resolve them to the benefit of the company

  • You have experience implementing an inventory management system and / or an ERP

  • You have established expertise in GAAP and its application, for example in CPG businesses or other heavy inventory businesses

  • You have excellent knowledge of accounting and its processes (financial closing, reporting, inventory tracking, etc.)

  • You are well-organized and detail oriented

  • You have a collegial attitude, with a proven ability to work both independently and with cross-functional teams

  • You are a creative problem solver who is enthusiastic about charting a new course for efficiency in financial management

  • CPA a plus, but not required

The following represents the expected range of compensation for this role: The estimated pay range for this role is $130,000-$190,000. Additionally, this role is eligible to participate in Zero Acre Farms benefits and equity programs.

A Note From Our Founders

The majority of Americans are sick. Let that sink in. More people have a chronic disease than not in this country! 6 out of 10. And a hundred years ago, almost no one had a chronic disease. Our healthy life expectancy is decreasing for the first time in recorded history. Our solution so far has been more prescription drugs (in 2018, the average American filled eighteen prescriptions).

Our planet is also being destroyed by the day. The Amazon loses about 2 football fields of rainforest every minute, mostly to grow industrial monocrops like seed oils that make us sick. Species extinction is at an all time high. Some projections say we only have 60 harvests left before our soil doesn't support any more life.

The real issue? These problems are interconnected. We're destroying the planet to grow food that makes us sick.

How is this not one of the most important, urgent, and talked about issues of our generation? We want to change that. We want to slow down and ideally reverse the skyrocketing rates of chronic disease and environmental impact caused by what we eat. We truly believe that we can save millions of lives, as well as millions of acres of rainforest, if we are successful in our mission of replacing destructive vegetable oils in our food supply.

That’s what drives us, and we hope you’ll join us.

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