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% of base wages AND match employee contributions up to 4%. Our competitive vacation and sick leave package starts day one to allow for flexibly and a healthy work-life balance.
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
This role requires 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 in accordance with generally accepted accounting principles (GAAP), various regulatory agencies (RUS, FERC, Kentucky Public Service Commission), and East Kentucky Power Cooperative.
Key Responsibilities
Analyzes complex financial data, extracts, and defines relevant information.
Exercises accounting control over a group of accounts within an assigned area.
Records, classifies, and summarizes financial transactions and events in accordance with generally accepted accounting principles.
Ensures compliance with GAAP, Rural Development Utilities Programs (RDUP), IRS, and FERC requirements.
Initiates and processes journal entries into various accounts.
Reconciles sub-ledgers to the general ledger and resolves differences.
Prepares internal and external financial reports, explains accounting transactions, and resolves accounting issues and discrepancies.
Maintains the General Ledger Chart of Accounts, including the PeopleSoft tree structure that is used for combination editing, report writing and account roll-up.
Ensures that proper controls are in place over financial processes and results.
Plans and prioritizes work assignments in order to meet monthly close deadlines.
Creates, reviews, and posts monthly journal entries ensuring their accuracy and compliance with GAAP as well as the Rural Development Utilities Electric Program (RUS).
Creates and maintains allocations as needed.
Prepares general ledger account reconciliations.
Prepares the monthly, quarterly, and annual financial statements in accordance with GAAP and the policies or procedures prescribed or permitted by the Kentucky Public Service Commission and RUS.
Prepares monthly management reports and flux analysis.
Prepares and/or compiles RUS Form 12 and the FERC Form 1.
Compiles other financial data for internal and external use as needed.
Assists with research and documentation of technical accounting issues.
Assists in the annual audit process by providing analysis, supporting schedules, or documentation as needed.
Performs other duties as assigned.
Key Requirements
Education and Certifications / Licenses:
Bachelor’s degree in Accounting or related area required.
Advanced degree or CPA preferred for.
Experience:
Five (5) years of related experience. An equivalent combination of education and experience may substitute.
Skills and Abilities:
Knowledge of electric utility accounting and the RUS or FERC System of Accounts preferred.
Familiarity with RUS, FERC, and PSC regulations preferred.
Knowledge of Excel and ERP, with PeopleSoft applications preferred.
Strong written and interpersonal communication skills.
Self-starter with strong initiative.
Must use discretion when dealing with sensitive accounting documents.
Excellent attention to detail, accuracy, and timeliness.
Ability to perform under changing circumstances and deadlines.
Strong organization skills.
Research and analytical skills.
Competencies
Technical/Professional Knowledge & Skills
Contributing to Team Success
Decision Making
Customer Focus
Initiating Action
Work Standards
Working Conditions
Primarily an inside position with usual office conditions with regular lifting up to twenty (20) pounds and occasional climbing of stepladders.
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% of b...ase wages AND match employee contributions up to 4%. 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: Women/Minorities/Veterans/Disabled