Director of Finance & Accounting

Marshall County REMC is seeking a Manager of Financial Services who will serve as the Director of Finance & Accounting and reports directly to the Chief Executive Officer (CEO).

Your impact:

A successful candidate will possess strong technical accounting skills, the ability to analyze complex financial data, explain account variances, and ensure the proper, accurate and timely completion of various financial reports and is responsible for the preparation and the maintenance of the financial records of the cooperative in accordance with the Generally Accepted Accounting Principles (GAAP) and Rural Utility Service (RUS) Uniform System of Accounts.

They will lead and oversee all aspects of Marshall County REMC’s financial activities including budgeting, forecasting, cash management, investments and auditing functions. This position works in tandem with the Office Manager to complete accounting related tasks. They present the Chief Executive Officer (CEO) and Board of Directors with complete and accurate financial reports, operating costs and statistics so they can make sound financial business decisions in managing and maintaining health of the cooperative.

The specific objectives for this position include:

1. Provide superior service to Marshall County REMC member-owners while maintaining a professional and courteous workplace.

2. Apply strong knowledge of internal accounting systems to ensure accuracy, efficiency and continuous improvement in reporting.

3. Demonstrate integrity, respect, accountability and strong work ethic in all interactions.

4. Protect the confidentiality of sensitive information, including wages, salaries and benefits.

5. Demonstrate attention to detail, foster collaboration and motivate others within a team environment.

What you’ll do:

· Prepare and maintain financial records and statements.

· Formulate annual corporate operating budget by consolidating all departmental operating and capital budgets. Maintain budget, monitor for discrepancies and provide feedback to team on results.

· Assist Office Manager with accounting functions, systems, reporting, both short-term and long-term financial planning and analysis, insurance and taxes.

· Evaluate changes in generally accepted accounting principles: develop procedures to incorporate changes into accounting records.

· Document processes and workflows.

· Understand local, state and federal laws and regulations impacting the electric cooperative.

· Develop cash requirements and debt portfolio strategy consistent with the risk tolerance set by the Board of Directors, ensuring adequate short-term cash and maximize investment of available excess cash.

· Prepare various financial reports including operating statements, monthly budget analysis, cash flows/utilization reports, and reports for banks and financial regulators as required.

· Attend and present at Board of Director meetings, Board committee meetings and other meetings as requested by the President/CEO.

· Maintain loan fund records and prepare loan fund requisitions. Prepare and file all federal, state and local tax reports and payments while keeping record of and verifying payment of all payroll taxes.

· Manage the accumulation and maintenance of the patronage capital credits program.

· Coordinates activities and prepares all documents related to the annual independent audit of the cooperative’s financial records with outside certified public accounting (CPA) firm. Oversees and prepares the year-end schedules and other documents requested by the audit firm.

· Manage and create reports for the Operation Round Up program.

· Prepare and/or provide support with rate design, studies and analysis.

· Track stale dated checks and prepare annual unclaimed property reports to the state and maintain unclaimed property records.

· Monitor the billing month-end sales report and balance to the general ledger. Includes monitoring line loss against the wholesale power bill.

· Maintain adequate cash flow and working capital to assist management in making decisions on the investment of cash reserves, applying for financing and requisitioning loan funds in conjunction with the construction work plans to obtain needed capital for plant expansion and board-approved projects.

· Ability to work with partner fiber/broadband company in successful communication for financial reporting, audits and yearly budget.

· Assist in achieving a greater degree of teamwork by performing other duties and activities necessary or required as assigned by the President/CEO.

Qualifications:

· Bachelor’s degree in accounting or related similar field is required. MBA or similar advanced degree and/or CPA certification is a plus.

· Minimum of 5-7 years of experience in an accounting capacity required and previous utility experience preferred.

· Knowledge and experience of Rural Utility Service (RUS) uniform system of accounting helpful.

· General knowledge of the overall operations of an electric utility a plus.

· Must be proficient in the areas of expense analysis, accounts payable, payroll, property records, and long-term debt acquisitions.

· Strong organizational skills and experience in prioritizing duties and meeting deadlines.

· Strong computer skills in all Microsoft Office products, especially Excel, and become familiar with accounting software.

· Ability to problem solve effectively.

· Strong verbal and written communications skills and the ability to work with others.

· A positive attitude, a strong work ethic and a reputation for integrity and honesty.

· Must maintain effective internal and external relationships to enhance information transfer and productivity.

Salary and benefits:

Marshall County REMC is an Equal Opportunity Employer. We provide a comprehensive benefits package through the National Rural Electric Cooperative Association (NRECA) and a salary structure commensurate with qualifications and representative of the market.

About Marshall County REMC:

Marshall County REMC is a 6,200 member-owner distribution electric cooperative, with 19 full-time employees, located in Plymouth, Indiana. Incorporated in 1935, Marshall County REMC has provided safe, affordable and reliable electric to its members for over 85 years. With over 950 miles of energized line, we primarily serve Marshall County and portions of St. Joseph, Elkhart, Kosciusko, Fulton and Starke Counties.

Interested parties should apply by submitting a cover letter, resume and at least three professional references or letters of recommendation.

Job Type: Full-time

Benefits:

- Dental insurance

- Health insurance

- Health savings account

- Life insurance

- Paid time off

- Retirement plan

- Vision insurance

Ability to Commute:

- Plymouth, IN 46563 (Preferred)

Work Location: In person