Union Power Cooperative · 5 days ago
Cost Accounting Specialist
Union Power Cooperative is seeking a Cost Accounting Specialist to manage and account for costs related to inventory and fixed assets. The role involves reconciling ledgers, calculating depreciation, and preparing reports to ensure compliance with reporting requirements.
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
Five years of experience in accounting or related field
Excellent written and verbal communication skills
Ability to clearly demonstrate professionalism and diplomacy
Ability to publicly represent the Cooperative well
Ability to effectively and professionally interact with other Cooperative employees, members, consultants, vendors and other contacts
Ability to successfully work in a cross-functional team environment
Excellent problem solving and organizational skills
Ability to work under strict deadlines
Accuracy, thoroughness and timeliness in performing duties
Basic math skills
Ability to type by touch
Ability to use standard office equipment
Proficient using standard operating systems and the Microsoft Office suite of applications
Ability to maintain confidential information
Reliable transportation
Maintain regular and predictable attendance
Preferred
Associate's degree in Accounting or business-related field
Two plus years of experience in cost or project accounting
Previous utility industry experience
Intermediate MS Excel skills
Working knowledge of Meridian's accounting systems
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