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Job Information

Electric Cooperatives of Arkansas Controller in Little Rock, Arkansas

Salary Range

$143,000 - $179,000 a year

Overview

Controller

Little Rock, AR, USA

Finance & Administration

Arkansas Electric Cooperative Corporation (AECC) is an organization with a rich history and a bright future.As a leader in the energy industry we look to our employees to help us grow, change, and provide power to over 500,000 members of our 17 electric distribution cooperatives.

The Controller is responsible for the preparation and the maintenance of the financial records in accordance with the Generally Accepted Accounting Principles (GAAP). Supervises functions that include the areas of accounts payable, property accounting, budgeting (capital and operating), consumer billing and other special projects.

Responsibilities

  • Manages the accumulation of data required for preparation and processing of the monthly general and subsidiary ledgers. Responsibilities include: (1) Planning for and oversight of system designs and controls in the general ledger system, and (2) the resolution of problems developing in this area.

  • Oversees the customer billing. Planning for and oversight of system design and controls in the customer billing system, and the resolution of problems developing in this area of operations.

  • Coordinates activities related to the annual independent audit of the cooperative's financial records with outside certified public accounting firm. Prepares year-end schedules and other documents requested by the audit firm

  • Oversees responsibility for all accounting functions, systems and reporting; prepares financial information.

  • Ensures company is compliant with all accounting processes related to both the real-time and day-ahead Regional Transmission Organization FERC requirements.

  • Manages the accumulation and maintenance of the patronage capital program. Maintains detail records of patronage allocations and retirements by patron in accordance with the Board of Directors' guidelines.

  • Coordinates the budgeting process to prepare, analyze, present and implement both the capital and operating budgets on an annual basis. Prepares internal reports and analyses and various external filings.

  • Coordinates and organizes all accounting related data for lender filings, along with providing assistance to independent auditors in giving comfort on the data.

  • Plans, designs/evaluates, implements and maintains - accounting systems, accounting procedures and internal controls to safeguard assets and provide accurate financial statements.

  • Evaluates changes in generally accepted accounting principles; develop procedures to incorporate changes into accounting records.

  • Prepares analyses and schedules required by transmission owning utilities within both MISO and SPP for annual filings in connection with the Attachment H and Attachment O (cost recovery)

  • Coordinates and makes modifications to adhere to the company record retention policies and procedures

  • Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities may include but are not limited to interviewing, hiring and training employees; planning, assigning and directing work; appraising performance, rewarding and disciplining employees; addressing complaints and resolving problems.

  • Handles stress effectively and works well with others.

Minimum Qualifications

  • Bachelor’s degree in Accounting or related similar field, plus at least 10 years total related experience, including 5 years’ management experience, or equivalent combination of education and experience.

  • CPA Certification.

  • Requires effective working knowledge of utility accounting practices, such as RUS, Federal Energy Regulatory Commission, and GAAP guidelines.

  • Excellent communication skills to explain accounting and financial concepts to others.

Benefits

  • 2 Retirement Plan Options

  • Health, Dental, and Vision Insurance

  • 9 Paid holidays

  • Educational assistance

  • Paid time off accrual

  • Short-term disability

  • Long-term disability

  • Free & confidential Employee Assistance Program

EEO/AA/M/F/VETS/DISABLED

Should you elect to apply for this position, AECC/AECI will review your qualifications. If after reviewing the qualifications and experience of all applicants, your skills and credentials meet our needs, someone from our organization may contact you. Please be advised that the time required to complete the applicant review process typically takes between 30 and 90 days, but could extend beyond that. Once the position has been filled, all applicants will be notified via email.

Arkansas Electric Cooperative Corporation and Arkansas Electric Cooperatives, Inc. are Equal Opportunity Workplace and an Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, age or any other protected category.

Job ID 2021-2358

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