This position is responsible for performing a variety of accounting duties. Responsibilities include:
Receive and enter invoices. Applies accounting according to RUS Uniform System of Accounts, GAAP, budget and loan projects. Reviews for correct sales tax and routes for proper authorizations.
Maintains invoice authorization status, receives authorized invoices and posts for timely payment. Reconciles Accounts Payable at month end.
Prints and reissues Capital Credit and member refund checks. Transfers funds to appropriate bank accounts.
Prepares 1099s at year end.
Reconcile and balance credit card expense transactions and statements.
Maintain active vendor listing.
Maintain Purchase Order module and work with employees to keep purchase status up to date.
Monitor and Reconcile daily cash electronic transactions with the bank activity. Verify information for accuracy and investigate discrepancies. Post electronic payments.
Reconcile daily cash sheets with bank transactions and clear through Deposit Management.
Balance various general ledger accounts. Research and resolve discrepancies.
Responsible for various spreadsheets to calculate and monthly transactions.
Assists with the annual budget.
Miscellaneous Receivables and Installment Loans
Prepare and process invoices for employee and customer purchases.
Maintain accounting distribution and non-stock items.
Communicate with other departments on procedures and software.
Reconcile and close month end.
Print and send monthly statements.
Assist with unclaimed property reporting.
Petty Cash funding and balancing. Applies proper accounting to transactions.
Maintain general plant inventory records and takes physical inventories of general plant items as required to ensure accurate reporting of the cooperatives financial position. Adds new assets and applies depreciation according to RUS guidelines. Retires assets when obsolete.
Prepare monthly and quarterly reports.
Prepares various monthly journal entries.
Prepare special reports, accounting analysis and calculations, as required.
Must be capable of keeping information confidential and take safeguards so information is not accessible to unauthorized persons.
Applicants must have five years related experience, a Bachelor Degree in Accounting or an Associate Degree in Accounting with equivalent education and work experience.
Must be proficient in Microsoft Excel and understanding of Generally Accepted Accounting Principles.
Understanding of electric cooperative accounting, RUS Uniform System of Accounts and Minnesota Sales & Use Tax rules and regulations preferred.
Additional Salary Information: Union negotiated wage range
About Beltrami Electric Cooperative
Beltrami Electric Cooperative, Inc. provides power to over 17,600 consumers within a 3,000 square mile service area located in the beautiful lakes region of north-central Minnesota. Bemidji has long earned raves as a four-season destination for world-class hunting, fishing, bicycling, boating and snow sports amid the beauty of the north woods. This First City on the Mississippi is also a wonderful place to call home. Surrounded by pristine lakes and deep forests, Bemidji is a friendly, family community with top-tier higher education, outstanding K-12 schools, a major health care center.