Accounts Payable Supervisor

Located in the heart of the Bluegrass state, East Kentucky Power Cooperative is a not-for-profit generation and transmission (G&T) electric utility with headquarters in Winchester, KY which is just a short distance from Lexington. Our cooperative has a vital mission: to safely generate and deliver reliable, affordable and sustainable energy to our 16 owner-member cooperatives serving more than 1 million Kentuckians across 87 counties. We¿re leaders in environmental stewardship and we¿re committed to provide power to improve the lives of people in Kentucky.

As passionate as we are about providing smart energy solutions, we are equally excited about people. We strive to cultivate connected workplaces where great ideas are born and rewarding careers are built.

EKPC offers a wage and benefits package that ranks among the best in the state. There is no waiting period on our medical, dental and vision insurance plans so you are covered on day one, and the dental plan is free for employees. Our generous 401(k) retirement plan allows employees to start contributing to their plan after a month of service, and after 3 months of service, EKPC will automatically contribute 6.5% of base wages AND match employee contributions up to 4.5%. Our competitive vacation and sick leave package starts day one to allow for flexibly and a healthy work-life balance.

For more information on our plentiful benefits package visit our website at https://www.ekpc.coop/work-ekpc

EKPC is an Equal Employment Opportunity Employer

No Expiration Date

This posting will remain open until the position is filled. We encourage you to apply early as we will review and consider candidates as they are received.

Hybrid Remote Schedule

This role has the option to be a blend of remote and onsite work if department and business needs allow and with approval from direct supervision. Our hybrid remote work schedule combines three (3) days on premises with up to two (2) days remote.

Key Roles

The Accounts Payable Supervisor is responsible for overseeing, guiding, motivating, and directing the activities of the workgroup to provide accurate and timely completion of all aspects of the accounts payable function, including month-end accruals and account reconciliations, for inclusion in financial and other reports in accordance with GAAP, RUS regulations, and EKPC policies and procedures.

Key Responsibilities

- Interprets business information and communicates with business areas to ensure proper recording of the company's expenditures through accounts payable and related accruals.

- Ensures compliance with various accounting standards, principles, regulations (GAAP, FASB, RUS, PSC, and Kentucky Department of Revenue), and EKPC policies as they relate to accounts payable activities.

- Functions as the department¿s subject matter expert on EKPC¿s procure to pay process and serves as the escalation point to resolve payables, procurement card, and employee reimbursement issues.

- Coordinates and monitors accounts payable deadlines for month-end close, year-end, and other deliverables.

- Oversees the month-end accrual process, ensuring all accruals are recorded in accordance with GAAP. Oversees reconciliation of assigned account balances and subsidiary A/P records.

- Leads accounts payable workgroup in creating and maintaining positive relationships with EKPC¿s suppliers and serves as the escalation point to resolve disputes with suppliers.

- Oversees daily activities associated with the accounts payable function, ensuring the timely and accurate processing of invoices and problem resolution in Hyland OnBase invoicing solution, out-of-pocket expenses, purchasing card transactions, and any required accrual of direct pay sales/use tax.

- Coordinates weekly check and ACH payments and informs Treasury for cash planning purposes.

- Responsible for identifying, designing, and implementing process improvements for assigned area.

- Ensures appropriate internal controls are followed by accounts payable workgroup. Assists with evaluating existing controls and implementing new controls when needed.

- Responsible for related PeopleSoft module(s), ensuring the integrity of data, proper security access for modules, and upgrades are properly implemented and functioning as designed.

- Provides work direction, and ensures training and development of staff.

- Provides coaching, completes performance evaluations, and participates in the hiring and disciplinary processes.

- Ensures cross-training occurs within the group.

- Ensures timely and accurate completion of 1099 reporting in accordance with IRS guidelines.

- Oversees the compilation of information required for the preparation of the monthly sales/use tax direct pay, along with monthly and annual Sales and Use Tax Energy Direct Pay, and Utility Gross Receipts License Tax returns.

- Facilitates internal and external auditor data requests related to all functions within Accounts Payable.

- Cross-trains with other accounting department supervisors to provide additional supervisory level support when needed.

- Performs other duties as assigned.

Key Requirements

Education:

Bachelor¿s degree in accounting preferred. An equivalent combination of education and experience may substitute.

Certified Public Accountant license preferred.

Experience:

Seven (7) years of related experience. A minimum of three (3) years of experience working in a leadership capacity is preferred.

Skills and Abilities:

- Strong leadership skills with proven ability to manage, develop, and motivate staff.

- Comprehensive knowledge of accounting methodologies, principles, and standards, including GAAP, FASB, RUS, FERC, IRS, KRS, and other state and local taxing regulations.

- Detailed knowledge of financial statements required.

- Working knowledge of tax rules and regulations related to sales and use tax.

- Demonstrated leadership skills with ability to effectively work with a variety of personnel at all levels of the organization including external contacts.

- Excellent verbal, written, and listening communication skills, including public speaking.

- Provides thorough and timely communication to leadership, staff, and stakeholders.

- Strong customer relations orientation.

- Strong analytical and problem-solving skills required.

- Excellent attention to detail, documentation, planning, and organization skills required.

- Advanced level knowledge of Excel, PeopleSoft, or other ERP accounts payable and expense modules preferred.

- Ability to work independently and in a team oriented, collaborative environment.

- Always maintains confidentiality and uses appropriate discretion in discussing confidential issues.

Competencies

- Technical/Professional Knowledge & Skills

- Work Standards

- Planning & Organizing

- Decision Making

- Building a Successful Team

- Customer Focus

Working Conditions

- Usual office conditions apply to this position with prolonged sitting, and occasional lifting up to twenty (20) pounds.

- Work outside normal hours may be required.

- Requires occasional in-state and out-of-state travel, some of which may be overnight.

- Must maintain valid driver¿s license.

- Must wear personal protective equipment as applicable.

Closing Statement

Thank you for your interest in EKPC.