Plant Accountant

Duck River Electric Membership Corporation-posted about 4 hours ago

Full-time • Mid Level

Onsite • Shelbyville, TN

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DREMC is seeking a Plant Accountant. BE A PART OF POWERING SOUTHERN MIDDLE TENNESSEE! Duck River Electric Membership Corporation (DREMC) is a member-owned electric cooperative, serving an area of approximately 2,500 square miles across 17 counties in southern middle Tennessee. Our amazing team at DREMC distributes safe and reliable electricity at the lowest possible cost, promotes and facilitates economic development, and enhances the quality of life over 85,000 members across 6,500 miles of line. Location: Shelbyville, TN Reports to: Purchasing Manager Job purpose: Manages the accounting flow of capital/plant operations of the Cooperative. Responsible for processing work orders to ensure proper inventory and asset allocations. Ensures the accuracy and completion of cooperative plant accounting records. Prepares and coordinates the requests for reimbursements related to FEMA and mutual aid storm events. Initiates and monitors damage billing reimbursements related to theft and damages to cooperative assets. Job dimensions: Internal Responsibility: Under minimal supervision, this role manages the accounting flow of capital/plant operations of the Cooperative, requiring constant internal communication with engineering and operations. External Responsibility: Cultivates relationships with State officials, insurance companies, and contractors to ensure effective and efficient support in meeting Cooperative needs. Required to work with auditors and lenders including RUS and TVA.

Responsible for the processing of work orders, both monthly and year end, for Cooperative financials.
Performs job cost analysis for work order estimates verses actual for accurate billing and credits to members.
Maintains work order plant records to ensure billing for contribution-in-aid and make-ready work are accurately billed and recorded within the accounting records.
Responsible for the compliance and timely reporting with local, state and federal taxing agencies related to cooperative plant investments, to include Ad Valorem taxation.
Maintains work order unit costs and overhead rate calculations to ensure correct standards.
Ensures compliance with RUS loan disbursement requirements by compiling and transmitting pertinent detailed supporting documentation for cooperative construction expenditures.
Prepares and posts journal entries as needed.
Prepares miscellaneous invoices for construction projects to ensure collection for Cooperative expenses.
Maintains information related to cooperative fleet vehicles.
Responsible for generation of Work in Progress Reporting for budgetary decision making.
Maintain depreciation rates and schedules for all fixed assets for the Cooperative.
Works with district operations personnel & engineering personnel to ensure correct and adequate information on all work orders submitted is correct. Problem resolution required when staking sheet material, or labor information verification results in further research.
Provides information and coordinates with accounting team for monthly and annual financial reporting and inquiries.
Works in conjunction with the plant accounting specialist.
Special projects as assigned.
Emergency response coverage, as needed.

Post-secondary four (4) year degree from an accredited college/university in accounting, finance, business, mathematics, or related field is required.
Minimum three (3) years of experience in accounting or experience with work order processes, field engineering, and utility knowledge required.
Eight (8) years of experience in accounting and/or work order processes, field engineering, or utility knowledge will be considered.
Valid Tennessee Driver’s License or ability to obtain license prior to first day of employment is required.
Must be eligible to remain insured as a driver by the Cooperative’s group liability policy for the automotive fleet.
A solid understanding of work order processing and accounting principles.
Strong ability to analyze financial information is required.
Proficient in Microsoft Excel, Word, and Outlook.
Excellent analytical, decision-making, and problem-solving skills.
Attention to accuracy and detail required.

RUS or FERC accounting experience preferred.
Utilization of a work order/accounting software system preferred.
Experience in general utilities, contracting or construction is a plus.
Certificates and/or licenses relevant to utilities, accounting or work order processing are preferred.
Must be willing to actively pursue industry related training including but not limited to CFC, NRECA, TVPPA Work Order and Accounting classes.
An understanding of the electric utility industry is desired.
An understanding of the work order process flow used by an electric utility preferred.

DREMC provides a comprehensive program of employee benefits, including group medical, dental, vision, employer-sponsored medical clinic, life and long-term disability insurance programs, defined benefit retirement and 401K savings plans, tuition reimbursement.

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