Vice President, Financial Services

Cobb EMC•Marietta, GA

48d

About The Position

Cobb EMC has an exciting opportunity for a Vice President, Financial Services. The VP of Financial Services oversees core financial operations, ensuring accurate reporting, compliance, and strategic financial planning. This role manages accounting, budgeting and forecasting, financial reporting, tax, treasury, audits, and payroll functions. Schedule: Monday-Friday 8am-5pm

Requirements

Bachelor’s Degree in Accounting, Finance or a related field.
Minimum 15 years of experience in finance and/or accounting field.
Minimum 10 years of experience in finance leadership roles.
Proven expertise in the fundamentals of accounting and finance.
Familiarity with FASB standards and the Internal Revenue Code.
Proven expertise in budgeting, forecasting and long-range planning.
Understanding of payroll laws and regulations.
Excellent oral and written communication skills.
Excellent interpersonal skills.
Excellent organization and planning skills.
Excellent leadership and coaching skills.
Proficiency with Microsoft Office products, including Outlook, Excel, Word, and PowerPoint.
Proficiency with ERP systems and Budgeting software

Nice To Haves

Previous utility industry or cooperative experience, knowledge of FERC accounting requirements.
Previous treasury experience.
Certified Public Accountant
Masters of Business Administration or related field

Responsibilities

Oversee full spectrum of accounting operations including general ledger, month-end and year-end closing. AP, AR and financial reporting
Ensure accounting functions adhere to generally accepted accounting principles and FASB standards
Ensure accurate monthly and annual financial statements
Review monthly financial reports and Board presentations
Manage controls frameworks and ensure compliance
Lead coordination with internal and external auditors, support audit execution
Implement and document new accounting procedures as pronouncements are required
Research and implement process improvements and innovations
Lead annual budgeting, quarterly forecasting and variance analysis cycles
Lead long-range plan forecasting and partner with leadership to ensure company strategy aligns with financial goals
Review and Present financial budgets, forecasts and insights to senior management and/or the Board
Analyze key trends and performance metrics to identify opportunities and mitigate risks
Direct overall payroll operations, ensuring coordination with HR and IT, and compliance with federal and state regulations
Oversee preparation and timely filing of federal and state tax returns
Review Annual Patronage Allocation, and present to Board for approval
Review Annual IRS Member Income Test (85/15 Rule)
Supervise treasury functions including liquidity planning, cash forecasting, and optimizing banking relationships
Oversee investment strategy, debt issuance and covenant compliance
Handle all aspects of employment for subordinate staff, including hiring, promotion, training, and termination
Appropriately document actions on employment issues
Coach and direct learning through direct involvement and reinforcement
Analyze and manage daily workload and schedules
Monitor performance and conduct performance planning and review sessions
Ensure fair and consistent treatment of departmental employees
Actively support the efforts and intent of Equal Employment Opportunity
Drive process improvements, automation, and financial system enhancements
Lead special projects as assigned by the senior staff