Auditor (Accountant) - Power Supply Contracts & Audit
Central Electric Power Cooperative Inc
Location: Columbia, South Carolina
Type: Full Time
Salary: $85,000 - $110,000 yearly
Accounting and Financial Services
4 Year Degree
Position Summary: Essential Duties and Responsibilities:
Assists in performance of power supply contract audits including, but not limited to, identification of risk areas, performing audit procedures and assisting in the audit letter preparation.
Ability to analyze data and identify variances including past results, trends, and forecasts.
Conduct comparable analyses or market research to support findings/results.
Maintain up-to-date knowledge on Central’s transmission and power purchase contracts and the related billings.
Maintain up-to-date knowledge on market conditions and trends, including:
Reviewing financial statements and other public filings of power suppliers or other counterparties, as needed.
Monitoring activities of power suppliers and counterparties, as needed.
Benchmarking peer data with power suppliers, as needed.
Ability to formulate conclusions/recommendations based on supported and reliable data.
Keep abreast of accounting and/or regulatory issues impacting suppliers or other counterparties, and communicate impact to the cooperatives to management as appropriate.
Perform other incidental and related analyses as required.
Knowledge, Skills, and Abilities:
Knowledge of generally acceptable accounting principles
Knowledge of utility accounting
Strong proficiency with Microsoft Excel
Practical application of analytical skills
Interpersonal skills including written and oral communication
Highly detailed oriented a plus
Project-management skills a plus
This position requires travel of approximately 10% - 15%. This includes travel time as needed to attend conferences and training necessary to keep abreast of industry changes as need to perform the job responsibilities.
Education and Work Experience:
Bachelor’s Degree in Accounting or Finance required
CPA License, MBA, or similar advanced degree preferred
2+ years of audit experience preferred
2+ years of electric utility experience preferred
Central Electric Power Cooperative is an equal opportunity provider and employer.
Central Electric Power Cooperative, Inc. is South Carolina’s generation and transmission electric cooperative, providing power to the state’s 20 distribution cooperatives. These cooperatives ultimately serve over 1.5 million member-consumers. Central primarily purchases the power it supplies to its members through long-term power supply contracts. In addition, Central constructs and maintains transmission lines located throughout the state. Central Electric has also been named one of the South Carolina Best Places Work for the last six years.