Extension Ag Economist- KFMA NW Colby Job Colby Kansas USA,Finance & Banking

About This Role

The Kansas Farm Management Association (KFMA) Northwest is seeking applicants to fill the role of an Extension Agricultural Economist in our Colby, KS office. The responsibilities of an Extension Agricultural Economist are varied but center around providing education and consultation to KFMA member farms in the area of farm business management. KFMA Economists strive to provide cooperating farms with /p

KFMA NW works with farm families in a 17-county area. Principal crops are wheat, corn and grain sorghum. Livestock enterprises in NW Kansas are primarily focused on beef production. Average farm size is 3,200 crop acres

LOCATION: Colby, Kansas

RESPONSIBILITIES:

The foundation of the KFMA program is providing education and consultation to member farms in the area of farm business management. KFMA Economists strive to provide cooperating farms with resources to make informed financial, production, and tax management decisions. In order to achieve this goal, an Extension Agricultural Economist is expected to:

Develop and maintain a relationship with membership of approximately 70 - 80 cooperating commercial farms

Assist cooperating farms with development of a comprehensive and accurate accounting of the farm. Complete records are the essential foundation of all KFMA services provided.

Provide KFMA members with:

Regular, scheduled on-farm visits each year (at times requiring extensive travel within the association)
An annual accrual whole-farm business analysis utilizing KFMA software to collect and process information
An annual economic analysis of farm enterprises
Benchmarks of farm performance in comparison to similar farms and/or industry standards
Guidance based on interpretation of whole-farm, enterprise, and benchmark analysis
Guidance and recommendations in estate planning, farm succession planning, and business entity structure.

Learn and understand federal and state income tax regulations as they apply to farm businesses. This includes significant time spent working with members on:

Tax implications of farm business management decisions
Year-end tax planning and management
Preliminary income tax related work for KFMA NW members
Final income tax filing as an employee of Northwest Kansas Agricultural Tax Services, Inc. (with consulting leave time taken from Extension Agricultural Economist position)

Collect, process, and verify financial and production information from cooperating farms to be utilized by K-State Extension for research, teaching, and other Extension programs

Market and promote KFMA by supporting county, area, and state Extension personnel with technical expertise in the area of farm business and farm income tax management

Participate in continuing education to expand farm income tax and farm management technical skills

About Us

KFMA Vision:

The Kansas Farm Management Association (KFMA), through its affiliation with K-State Extension, will be the valued and trusted provider of integrated data management systems to apply critical thinking and strategic business planning for farm and ranch decision makers; and will be the premier source of farm-level economic data in the world.

KFMA Mission and

Purpose:

To work as an efficient team of economists, serving on the management team for KFMA member farms, as a farm business management resource
To provide high quality and timely farm recordkeeping, financial analysis and tax management
To achieve the goal of improved farm and family decision making, resulting in increased farm profitability and sustainability

Worksite Description

This position is on-site.

What You'll Need to Succeed

Minimum Qualifications:

Bachelor's degree in Agricultural Economics, Agribusiness, Accounting, Finance or related field
Minimum GPA of 3.0 (on a 4.0 scale) in…