Case Study

CFO Search for Agricultural Investment Firm

An Iowa based agricultural investment firm had doubled in size and anticipated added complexity of its internal operations. They created a CFO position to build their back-office controls, processes, and systems to support their continued growth. The mandate was to find someone with fund accounting experience in an environment with rigorous reporting requirements. Critically, this person would be aligned with the team and their values: hard work, integrity, and continuous learning.

Completed Searches

Framing the search assignment.

Position: CFO | Client: Agricultural Investment Firm in Iowa

The Challenge

An Iowa based agricultural investment firm had doubled in size and anticipated added complexity of its internal operations. They created a CFO position to build their back-office controls, processes, and systems to support their continued growth.  The mandate was to find someone with fund accounting experience in an environment with rigorous reporting requirements. Critically, this person would be aligned with the team and their values: hard work, integrity, and continuous learning.

The CFO will be responsible for all cash flow planning, budgeting, capital calls, distributions, portfolio valuations, investor reporting, covenant compliance and regulatory reporting for RBIC and SBIC funds. They will mitigate legal and regulatory risk while acting as the liaison to fund accounting, audit, tax and finance firms. They will also oversee payroll and benefits administration as well as support fund raising activities.

The Solution

3P Partners placed a local candidate within three months of commencing the search. The successful candidate has family ties to the agricultural industry and over 18 years of experience in asset management and fund accounting. She started her career performing audits of alternative investment entities and asset managers. She then served as a controller at a mid-sized capital management firm before spending the last 12 years as the vice president of accounting at a multi-billion-dollar investment management firm.

 

The 3P Difference

We are the industry leading food and agribusiness executive search firm and approach experienced candidates who are not actively looking for a new position and conduct comprehensive interviews to give you access to a broader, more qualified talent pool. Our reputation relies on our ability to deliver high quality service and timely results. Our DNA is in our focus on the 3 Ps:

People – We treat every search as if we were hiring for our own team. We take the time to understand your business needs and tailor our search to suit requirements.

 

Partnerships – As a result of our collaborative approach, more than 87% of our search assignments are granted due to repeat business or Dairy industry referrals.

 

Performance – We pride ourselves to deliver high quality and timely results for each strategic placement. There is no fee unless we provide a solution to your hiring needs.