This position is responsible for assisting the Finance and Accounting manager in providing complete and accurate accounting and financial records and statistical reports and analysis. This position also ensures that all accounting functions are performed in accordance with accepted accounting principles and RUS Uniform System of Accounts.
REPORTING RELATIONSHIPS
Reports to: Finance and Accounting Manager
Supervises: Payroll Clerk, Payroll Coordinator, Work Order Specialist and Accounting Specialist
III. MAJOR RESPONSIBILITIES
Assists the Finance and Accounting manager in establishing procedures that will provide for the safeguarding of financial and related records.
Directs and prepares records, including ledgers, journals, registers and subsidiary records in conformance with RUS Uniform System of Accounting and generally accepted accounting practices and procedures.
Assists with directing the preparation of Cooperative payroll.
Assures that the filing of tax statements with the appropriate agencies is done on a timely and correct schedule and that appropriate documentation is maintained.
Assists the Finance and Accounting Manager in preparing RUS Form 7 and Form 7A, financial report to the board of directors, documentation for financial forecast, Annual Reports for Public Service Commission and other financial reports and materials. Also assists in preparing IRS Form 990.
Assists the Finance and Accounting Manager in ensuring maximum utilization of Cooperative funds by staying abreast of interest rates so as to obtain the best rate of return, transferring funds for investment and other related activities.
Calculates monthly PCRF Factor to be applied to cycle billing.
Directs the accurate and timely payment of Cooperative’s accounts payable.
Assists with the accurate and timely payment of Cooperative’s construction contractor’s invoices.
Assists in cooperative capital credits program by setting up bank account and supervising the reconciliation of bank statements.
Assists the Finance and Accounting Manager with the coordination of data from others in the preparation of the system-wide departmental budget.
Maintains loan fund records for review and assists in preparing loan advance requisitions.
Coordinates plant account activity and maintains plant records.
Ensures that safety policies, rules, and procedures are carried out by all reporting personnel.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities of personnel so classified.
The Accountant shall be required to perform any other duties assigned in order to fulfill the objective of the cooperative.
Auditors: To exchange information, provide advice and assistance relating to any accounting function of the cooperative. Assists the Finance and Accounting Manager with any information required for the completion of the annual cooperative audit.
General Public: Maintains good relations in all contacts with the general public.
Required Skills
Required Experience
Job Knowledge, Training and Experience: This position requires the management of financial assets and is responsible for directing cooperative general accounting functions. This requires an in-depth knowledge of generally accepted accounting practice and procedures. This is normally acquired through the completion of an accounting program leading to a four-year degree in accounting or a related field or equivalent. Must be able to acquire within a reasonable time span any knowledge of the RUS Uniform System of Accounts. Experience in electric cooperative accounting is desirable.
Equipment Operated: Must be able to operate computer terminals and personal computers and other standard office equipment.
Physical Effort: Must be able to perform the activities listed in the position description. A majority of the activities are performed sitting at a desk.
Working Conditions: Some irregular hours including nights, weekends and holidays. Some travel outside the system may be required.
After an offer of employment has been made, the cooperative requires a physical, which will include both alcohol and drug testing.
DEADLINE TO APPLY: THURSDAY, JANUARY 11, 2024 BY 5:00PM
Magic Valley Electric Cooperative is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration without regard to an individual’s sex, race, color, religion, age, disability status, protected veteran status, national or ethnic origin, gender identity or expression, sexual orientation. Women, minorities, protected veterans, and the disabled are strongly encouraged to apply.
Key Accountabilities: