Senior Corporate Accountant

Post Date
July 3, 2024

Expiration Date

Location
Raleigh, NC

Organization
ElectriCities of NC

Job Summary

The Finance Division has the responsibility for the fiscal integrity of the North Carolina Municipal Power Agencies (Agencies) and ElectriCities of North Carolina, Inc. (ElectriCities).  Through appropriate planning, managing, controlling, and monitoring of the financial activities of the entities, the Finance Division establishes an environment that fosters fiscally sound decisions and corporate compliance to result in accurate and timely disclosure of the financial activities of the entities. The Finance Division is also responsible for assuring the trustworthiness and evidentiary value of all corporate records, both paper and electronic, of the entities.

Primary Responsibilities

  • Oversee the monthly, quarterly, and annual accounting and reporting activities of the Power Agency and ElectriCities Accountants.  Provide training and guidance to these Accountants in the areas of journal entry preparation, financial statement and regulatory reporting, Official Statement schedules, and preparation of annual audit work papers.  Work directly with them to review ongoing work-related processes, identifying and implementing improvements when deemed necessary.
  • Review all agency journal vouchers, and ElectriCities accounts payable (AP) batch runs for accuracy, supporting documentation, proper coding to accounts, programs, work orders, and departments.  Ensure consistency with the approved budget and accounting policies and procedures.
  • Perform annual Participant billing true-up, project cost review, and other analyses of the Agencies’ accounting transactions for compliance with the Bond Resolution, Project Agreements, and other statutory requirements.
  • Oversee the continued development and maintenance of process documentation for Purchase Requisition (PR), Purchase Order (PO), Accounts Payable (AP), Accounts Receivable (AR), and other General Ledger (GL) processes.
  • Lead a wide variety of special projects, oversee and compile a variety of requested special financial reports, analyze or research and present the results, both detail and summary, in a clear and concise manner. Make recommendations to Senior Management based on best practices as needed.
  • Oversee administration of the corporate Travel and Entertainment (T&E) program.  Duties include, oversee the preparation of Senior Staff (T&E) and Board of Directors (T&E) expenses on a quarterly basis; and maintaining the expense reporting system and corporate credit cards, as well as other special analysis upon request.
  • Develop and maintain detailed knowledge of the OneSolution Accounting System, and related productivity and report building tools, to facilitate the implementation and maintenance of improvements in business process effectiveness and efficiency.
  • Lead the evaluation of any new accounting software packages that could improve/enhance the Accounting function.  When required, participate in the implementation of other departmental software systems that effect the accounting system and processes.
  • Collaborate with the Manager, Accounting and Financial Reporting, and the Information Technology (IT) department in the maintenance of the OneSolution Security Models (Nucleus, Purchasing, Workflow, and System Administration) to support PR and AP Workflow Models.
  • Promote the continued development and ongoing maintenance of key reports (CDD and Cognos Tools). Responsibility includes the development and maintenance of expert level skills in the utilization of the OneSolution CDD and Cognos Reporting tools (and other tools as deemed necessary).
  • Cultivate and maintain detailed knowledge of the leasing system, LeaseQuery, and the Association Management System (AMS), Protech, to assist with ongoing maintenance and improvements in business process effectiveness and efficiency.
  • Load annual budgets for all agencies into accounting system and reconcile any differences.
  • Coordinate the preparation for the annual audit, for all agencies.
  • Serve as a back-up for team members and have the initiative to take on any additional responsibilities as needed.
  • Maintain knowledge of current accounting standards, practices and trends and advise and make recommendations to Senior Management as necessary.
  • Maintain and promote a cooperative team environment in order to promote collaboration with other departments/divisions and fellow team members.
  • Act as a coach, mentor, and subject matter resource to other members of the accounting team.
  • Perform other related duties as assigned.

Job Requirements

Physical Requirements

The Corporate Accountant must maintain the physical condition necessary to perform tasks in an office setting such as operating a personal computer, keyboard, and other peripheral equipment. Periodic travel may be required for training and development purposes.

Controls

The employee works under the direct supervision of the Manager, Accounting and Financial Reporting, who provides objectives and work assignments, as well as reviews the employee’s performance periodically in terms of overall effectiveness providing professional and administrative guidance as needed. The Manager, Accounting and Financial Reporting also approves requests for vacations and other time off. This position is exempt from the overtime provisions of the Fair Labor Standards Act.

Qualifications

  • A bachelor’s degree, preferably in Accounting, Finance or Business Administration. A Certified Public Accountant designation is highly desirable.
  • A minimum of 8 years of corporate accounting experience required. Experience with and working knowledge of electric utilities is preferred.
  • Knowledge of general accounting and budgeting principles and theory. Solid understanding of best practices and the desire to share with others and make recommendations as needed.
  • Knowledge of federal and state laws as they apply to municipalities and joint action agencies.
  • Demonstrated ability in business process development and implementation including the utilization of IT based solutions. (Effective collaboration with IT).
  • Strong attention to detail to ensure accounting processes and records are in compliance with all applicable regulations, laws and policies.
  • Exceptional leadership, project management, time management and multitasking skills.
  • Demonstrated ability to navigate and solve complex problems.
  • The ability to communicate clearly and concisely, both in written and verbal forms, with all levels of management and outside sources.
  • Proven ability to lead work teams and work independently with limited supervision.
  • Flexibility and willingness to mentor and guide other team members and take the lead when necessary.

ElectriCities is an Equal Opportunity Employer.

About ElectriCities

ElectriCities of North Carolina, Inc., is the membership organization that provides power supply and related critical services to over 90 community-owned electric systems in North Carolina, South Carolina, and Virginia—collectively known as public power. ElectriCities manages the power supply for two power agencies in North Carolina and provides technical services to assist members in operating their electric distribution systems. ElectriCities also helps these locally owned and operated public power providers thrive today and in the future by delivering innovative services, including legislative, technical, communications, and economic development expertise.

Apply online

Raleigh Office

1427 Meadow Wood Blvd
Raleigh, NC 27604
919.760.6000

Huntersville Office

11316 Sam Furr Rd
Huntersville, NC 28078
704.948.0550

Lexington Office

28 W. Center Street
Lexington, NC 27292
336.243.2489