Union Power Cooperative · 5 days ago
Cost Accounting Specialist
Union Power Cooperative has an immediate opening for a Cost Accounting Specialist who properly and timely accounts for all costs related to inventory, the construction of plant and the purchase of fixed assets. The role involves reconciling ledgers, calculating depreciation, and preparing cost allocations while ensuring compliance with the Cooperative's mission and values.
Electrical DistributionEnergyNon ProfitRenewable Energy
Responsibilities
Reconciles inventory, work order and fixed asset subsidiary ledgers to the general ledger on a monthly basis
Reconciles construction and retirement work-in-progress to the general ledger on a monthly basis
Responsible for setup and maintenance of construction units and record units; including periodic calculation and update of standard costs
Ensures proper work plan numbers and years are assigned to work orders and ensures tag numbers are applied to fixed assets appropriately
Calculates depreciation for fixed assets on a monthly basis
Prepares fuel and transportation cost allocations and related journals
Calculates overhead rates and ensures they are properly applied to open work orders
Reconciles all work order costs to staking sheets and/or asbuilts, researches discrepancies and closes work orders to plant
Evaluates and reports on the status of open work orders and determines whether to close or cancel them; ensuring all construction and retirement work-in-progress is timely closed to plant
Summarizes data and prepares Inventory of Work Orders reports and Special Equipment reports to meet Rural Utilities Service (RUS) reporting and loan fund requisition requirements
Responsible for identifying and initiating refunds for excess contributions in aid-to-construction
Reviews fixed asset and construction contractor invoices in preparation for payment; including proper rate, tag, classification and coding
Coordinates the periodic physical inventory of fixed assets
Maintains FEMA documentation after qualifying events and assists in preparing project worksheets
Obtains and maintains a thorough working knowledge of Meridian's software systems as pertains to duties and responsibilities assigned
Maintains access to confidential member records and other confidential information
Prepares reports, correspondence and audit work papers, as required
Receives training as directed by the Manager of Finance & Accounting
Updates and maintains daily job procedures
Performs all duties assigned by supervision
Qualification
Required
High school diploma or certificate of high school equivalency required
Five years of experience in accounting or related field required
Must have excellent written and verbal communication skills with the ability to clearly demonstrate professionalism and diplomacy
Must publicly represent the Cooperative well and must be able to effectively and professionally interact with other Cooperative employees, members, consultants, vendors and other contacts
Must be able to successfully work in a cross-functional team environment to discuss issues and achieve results
Must have excellent problem solving and organizational skills, be able to work under strict deadlines and be accurate, thorough and timely in performing duties
Must have basic math skills, be able to type by touch and be able to use standard office equipment
Must be proficient using standard operating systems and the Microsoft Office suite of applications
Must be able to maintain confidential information
Must have reliable transportation and maintain regular and predictable attendance
Preferred
Associate's degree in Accounting or business-related field preferred
Two plus years of experience in cost or project accounting preferred
Previous utility industry experience preferred
Intermediate MS Excel skills preferred
Working knowledge of Meridian's accounting systems preferred
Company
Union Power Cooperative
Union Power Cooperative is a nonprofit firm that distributes & transmits electricity & energy services for residential & business consumers.
Funding
Current Stage
Growth StageCompany data provided by crunchbase