Under direction of the CFO, the Accounting Manager shall supervise and oversee the daily operations of the accounting department. This includes monitoring and analyzing accounting data to produce financial reports and/or statements and enforcing proper accounting methods and procedures in accordance with internal controls.
ESSENTIAL DUTIES & RESPONSIBILITIES
The duties listed are not meant to be all-inclusive. Other duties may be assigned from time to time in correspondence with the needs of the Cooperative and in accordance with proper internal control practices.
Directly supervise the accounting clerk position and oversee the accounts payable process.
Manage and oversee the general ledger coding for all transactions and related supporting .
Perform month end close procedures including reconciliation of sub-ledgers and general ledger accounts.
Record adjusting journal entries to the general ledger and maintain related supporting documentation.
Manage cash flow including daily review and monthly reconciliation of the general fund bank account in accordance with internal controls. Routinely advise CFO of cash position and recommended adjustments.
Oversee the credit card accounts for the Cooperative.
Assist CFO with debt management of the Cooperative.
Maintain fixed asset property records including any related reporting and/or licensure.
Assist Cooperative employees in researching or obtaining information pertaining to accounting records which will help them manage their areas of .
Prepare interim, year-end, and ad hoc financial reports and statements for internal and external use.
Perform financial analysis including investigation of budgetary variances and special projects as assigned.
Prepare federal, state, and local reports and tax forms including, but not limited to, payroll, sales & use, and electric excise for CFO review.
Prepare annual Form 7 for CFO review.
Assist CFO with development, implementation, and maintenance of annual budget.
Assist CFO with preparation of annual audit workpapers.
Assist CFO with preparation of annual Form 990 and related supporting workpapers.
Maintain fiscal files and records to document transactions in compliance with the Cooperative’s record keeping requirements.
Perform research of accounting standards and regulations as needed.
Work closely with CFO to keep him/her abreast of any/all issues that may arise.
Participate in the Cooperative’s Annual Meeting and various community events.
Maintain and build good relationships with external and internal contacts including, but not limited to, independent accountants, auditors, vendors, lenders, Cooperative members, and all Cooperative employees.
Attendance and participation in continuing education courses and company meetings.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Bachelor’s degree in accounting or business, with an accounting focus, from an accredited college or university.
Master’s degree and CPA license preferred.
Seven years of financial accounting experience required. Previous electric utility accounting experience and knowledge of RUS accounting principles, including work order procedures, preferred.
Two years of supervisory experience including review of subordinate accounting workpapers.
Proven understanding of generally accepted accounting principles, accounting procedures, and internal controls including experience in financial statement preparation.
Proven understanding of federal and state tax and informational forms including, but not limited to, federal and state payroll taxes and employee forms, state sales & use taxes, Forms 1096/1099, and the Form 990.
Proven understanding of property and fixed asset records including acquisition, depreciation, and gain/loss transactions. Knowledgeable of record units preferred.
Knowledgeable of employee related transactions including payroll and basic benefits.
Knowledgeable of inventory and purchasing procedures.
Proficiency in Microsoft Office applications, Adobe Acrobat, bookkeeping software and in learning new programs as advancements are .
Ability to communicate effectively with the public and co-workers in person, in writing, and on the phone. This includes legible handwriting.
Exceptional attention to detail and a high level of accuracy in record keeping is required.
Excellent organizational, analytical, computational and mathematical abilities.
High level of integrity, trustworthiness, productivity and dependability. Confidentiality of sensitive information entrusted to this position and compliance with SWECI’s Business Ethics Code shall be held to the utmost importance.
Must possess a valid driver’s license and be insurable with the Cooperative’s insurance carrier.
Formed in 1939 with a loan from the Rural Electrification Administration (REA), Southwestern Electric Cooperative, Inc. (SWECI) is a not-for-profit, member-owned cooperative located in Southwestern Illinois. Southwestern Electric Cooperative serves nearly 23,000 residential, commercial, agricultural and industrial member accounts in parts of Bond, Clay, Clinton, Fayette, Effingham, Macoupin, Madison, Marion, Montgomery, Shelby and St. Clair Counties. Headquartered in Greenville, Illinois, the co-op maintains nearly 3,500 miles of power line, employs more than 80 people, and owns a 47-megawatt peaking plant.