Staff Accountant (Junior) - Entry level position

Summary:

This is an entry-level position which will learn to be responsible for performing a variety of accounting duties in accordance with generally accepted accounting principles.  Prepare and post journal entries to the general ledger and reconcile general ledger accounts.  Prepare financial statements and various other accounting statements and reports. Perform other accounting duties such as month and year end closing, annual budget preparation and prepare and file various tax returns.  Provide assistance to clerical staff. 

Objectives:

• Promote and adhere to A&N Electric Cooperative (the Cooperative) safety and operating rules, procedures and guidelines.

• To assist in the design, development, preparation and maintenance of financial and economic models and perform analyses to support corporate financing and capital requirement decisions, and related financial considerations affecting corporate operations.

• To provide analytical services and support.

Reporting Relationships:

• Reports to:                 Director, Accounting

• Directs:                 None    

Duties and Responsibilities:

• Support and incorporate the Cooperative’s Mission, Vision and Values in personal and professional behavior and decisions.

• Comply with all Cooperative policies, procedures, goals and objectives, and meets attendance and punctuality guidelines.

• Understand, observe and enforce cooperative safety and security procedures and report potentially unsafe conditions to department supervisor and/or safety department personnel.

• Prepare subsidiary financial statements including balance sheets, income statements and statements of cash flow, if needed.

• Review, analyze and reconcile general ledger account balances within subsidiaries, if needed.

• Prepare and verify the accuracy of journal entries and make recommendations for corrections.

• Prepares payments by accruing expenses; assigning account numbers; requesting disbursements; reconciling accounts.

• Develops and implements accounting procedures by analyzing current procedures; recommending changes.

• Answers accounting and financial questions by researching and interpreting data.

• Provide guidance and assistance to clerical staff on various work assignments throughout the month to ensure deadlines are met.

• Prepare tax returns and other filings for local, state and federal agencies.

• Assist in the preparation of year-end files for the external audit to ensure that all accounts are materially correct.

• Maintain external contact with audit firms, banks, consumers, and various industry and trade associations. Participate in various meetings, seminars and other community events.

• Participate in physical inventories of general plant records as required or directed to assure accurate reporting of the Cooperative’s financial condition.

• Prepare financial reports and provide various presentations to the Board of Directors and management, when requested.

• Responsible for general accounting and office responsibilities including, but not limited to:

• Processing annual capital credit allocation and annual refund, and reconciling capital credit balances.

• Assist in preparing monthly sales tax report, as needed

• Perform other related work in addition to other duties as may be assigned.

Relationships:

Establishes and maintains a variety of contacts and relationships for the purposes of coordination and communication to achieve the purposes of the position and desired results.

Internal

• Director, Accounting: To review and assist with corporate finances and department activities; inform him/her of new developments; to obtain information, guidance and interpretation of policies; to obtain necessary approval.

• General Staff: To give, request or share information to carry out responsibilities of his/her position description or aid in successful achievement of company goals and objectives.

External

• Members: To maintain courteous and cooperative relationships which create good will.

• Rural Utilities Service: To assist with assurance that the Cooperative is in compliance with all RUS requirements related to financing.

• Other Lending Institutes (e.g. Cooperative Finance Corporation, CoBank, etc.): To maintain ongoing working relationships with other lending institutes providing financing to the Cooperative in matters relating to corporate debt.

• Virginia State Corporation Commission and Maryland Public Service Commission: To maintain working relationship in matters relating to the Cooperative.

• Auditors: To maintain a relationship necessary to ensure external review of all financial records for their accuracy.

• Trade Associations or vendors (NRECA/VMDAEC/NISC): To maintain an open and productive relationship to assist in the efficient flow of information.