People's Energy Cooperative is a Touchstone Energy® cooperative with nearly 23,000 services in southeast Minnesota. We have an excellent opportunity for a full-time Plant Accountant in our Oronoco, MN office.
Performs the following duties for People’s Energy Cooperative and its subsidiaries and related entities:
Responsible for managing and maintaining accurate plant records, ensuring compliance with Rural Utility Service (RUS) standards at all times. This includes managing the work order process to ensure proper recording of continuing property records and the corresponding standard costs and the balancing of these records to general ledger.
Assists with preparation of individual work order packets and monitor status of all work orders to ensure timely closing once complete.
Works with engineering personnel to verify all assembly units, continuing property records (CPR’s) and material inventory items are consistent with RUS specifications to ensure the RUS loan process requirements are met.
Manages and has oversight of the work order process including verifying all costs (including material, payroll, transportation, contractor charges, contributions in aid of construction and special equipment) are accurately recorded. and verifies the reconciliation of work order accounting information to staking sheets and estimates to ensure accuracy and appropriate documentation for the RUS loan process is complete and timely.
Manages and compiles monthly departmental and board report data relating to Construction Work in Process (CWIP), work order tracking, and budgeting to allow accurate and timely reports to be prepared and shared with leadership.
Prepares and ensures the accuracy of the Cooperative’s RUS Form 219 - Inventory of Work Orders. Prepares RUS Form 595 - Financial Requirement and Expenditure Statement for approval and submission. Ensures the accuracy of the Cooperative’s RUS Form 605 – Loan Summary Report.
Prepares and ensures the accuracy of internal loan reporting, comparing actual loan activity to RUS Form 740C - Cost Estimates and Loan Budget for Electric Borrowers monthly to ensure compliance with RUS regulations.
Manages the retirement of special equipment and other assets as needed due to sale, scrap or purchase to ensure timely and accurate recording of CPR records.
Manages miscellaneous receivable billings, monthly statements, and open miscellaneous receivable account balance and collection efforts to ensure timeliness for adequate cash flow. These include, but are not limited to, damages to facilities, charges for materials sold, and house moves.
Serves as backup for month-end closing process for materials, fleet, work order, special equipment, and asset management modules to ensure timely month end close.
Review all work orders containing Contributions in Aid of Construction (CIAC), comparing CIAC charged against desired metrics to ensure proper cost recovery.
This position requires an associate’s or bachelor’s degree from an accredited college or university with a major in business administration, finance, accounting or related field is required; or equivalent combination of training and directly related experience. Accounting experience required. Proficient in computer applications. Prior utility experience is preferred.
People's Energy Cooperative offers a competitive wage and benefit package. For more information and to apply go to the "Cooperative Information" tab select "Careers" on the People's Energy Cooperative website www.peoplesenergy.coop follow the link of "online employment application" or "download PDF application".
Application Deadline: November 18, 2019
About People's Energy Cooperative
People's Energy Cooperative was incorporated on January 1, 1936, and currently provides electric service to nearly 19,000 members in six area counties including Dodge, Fillmore, Mower, Olmsted, Wabasha and Winona. We distribute electric energy from 29 substations through 2,847 miles of overhead and underground distribution lines and 119 miles of transmission lines. People's Energy Cooperative is an equal opportunity employer.