Director, Finance & Accounting, Jasper County REMC

Jasper County REMCRensselaer, IN
Onsite

About The Position

The Director of Finance & Accounting oversees the operation of the Accounting and Finance functions. This position is responsible for the preparation and the maintenance of the financial records of the cooperative in accordance with Generally Accepted Accounting Principles (GAAP) and Rural Utilities Service (RUS) Uniform System of Accounts. This position will lead and oversee all aspects of the cooperative’s financial activities for both the electric and broadband segments; including accounting, budgeting, forecasting, cash management, investments, risk management and auditing functions.

Requirements

  • Bachelor’s degree in accounting or related field.
  • Minimum of 7-10 years of experience in an accounting capacity required.
  • Thorough knowledge of Microsoft Windows operating system and Microsoft Office products required.
  • Valid Indiana Driver’s License.

Nice To Haves

  • CPA or equivalent certification a plus.
  • Previous experience in the electric, broadband or energy sector preferred.
  • Proven leader strongly preferred, demonstrating the leadership skills of planning, directing, developing, coaching and supporting employees.
  • Knowledge and experience of Rural Utilities Service (RUS) uniform system of accounting preferred.
  • Contributes as needed to support the cooperative principles.
  • Strong desire to learn and develop.
  • Maintains a respectable personal appearance.

Responsibilities

  • Prepares informative, useful management and statistical reports.
  • Maintains appropriate insurance coverage.
  • Administers and maintains contracts applicable to the department that support internal practices.
  • Ensures that a complete and systematic set of records of business transactions is maintained.
  • Completes month-end closing procedures and prepares monthly financial reports as needed.
  • Ensures accuracy of monthly financial reports prepared by the Staff Accountant.
  • Prepares as needed and ensures that monthly, quarterly, and year-end reports are filed accurately and timely with the proper agencies.
  • Prepares as needed and ensures that all tax reports are filed accurately and timely.
  • Oversees all broadband and grant accounting.
  • Prepares and ensures the property tax returns are filed timely with fiber exemptions filed.
  • Develops and facilitates an effective budgeting process on an annual basis by consolidating all departmental operating and capital budgets.
  • Develops cash requirements and debt portfolio strategy consistent with the risk tolerance set by the Board of Directors, ensuring adequate short-term cash and maximizing investment of available excess cash.
  • Maintains loan fund records and prepare loan fund requisitions.
  • Plans, designs, evaluates, implements, and maintains accounting systems, and accounting procedures.
  • Partners with the GM/CEO to develop and assist in facilitating an annual business/work plan process.
  • Works with GM/CEO and the Board of Directors to develop and facilitate a Strategic Planning process, on a 3–5-year cycle.
  • Supports the strategic and operating goals of the Electric and Broadband segments; to include business case development and budget forecasting.
  • Provides accounting records and audit work papers necessary to complete audits.
  • Provides adequate space, equipment, and assistance during the regularly scheduled audit period.
  • Coordinates, cooperates, and consults with the auditor as necessary regarding accounting practices.
  • Works closely with banking personnel within the cooperative’s service area on any problems involving the deposit of funds, checking accounts, and other banking services.
  • Obtains the necessary information for investment opportunities for the REMC.
  • Directs and supervises, in an effective and cost-effective manner, the Accounting and Finance departments.
  • Fulfills supervisory responsibilities including but not limited to planning, scheduling, delegating, appraising, coaching, counseling and teaching; supports business systems and policies, procedures, and practices relative to supervisory responsibilities.
  • Encourages constructive handling of conflict, providing and accepting feedback.
  • Encourages personnel to innovate and streamline processes.
  • Assists employees in seeing how the cooperatives goals are best accomplished and holding employees accountable for commitments and performance.
  • Takes genuine interest in the development of employees.
  • Demonstrates respect for peers and employees at all times.
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