Senior Accounting and Financial Analyst

Clark Energy Cooperative Winchester, Kentucky
 

About Clark Energy Cooperative

Clark Energy Cooperative is a not-for-profit electric utility serving more than 27,000

members across east-central Kentucky. Established in 1938 and owned by the members it serves, Clark Energy is committed to providing safe, reliable, and affordable electricity to homes, farms, and businesses. With approximately 60 employees across three locations, our team takes pride in delivering excellent customer service and supporting the communities where we live and work.

OBJECTIVE

The objective of the Senior Accounting & Financial Services Analyst position is to support the cooperative’s financial integrity by maintaining complete and accurate financial records, producing reliable financial and regulatory reports, and providing analytical support for budgeting, forecasting, and other financial services activities in accordance with established accounting policies, RUS requirements, GAAP, and cooperative procedures.

RESPONSIBILITIES AND AUTHORITIES

Assumes and has responsibility for results from the activities in the following functional areas:

• Prepare and maintain accurate financial records in compliance with RUS Uniform System of Accounts, GAAP, and cooperative policies.
• Track, process, and reconcile work orders in accordance with RUS guidelines to ensure proper capitalization of utility assets.
• Accurately prepare journal entries, account reconciliations, and bank reconciliations as required.
• Assist in preparing the monthly and annual RUS Form 7 and other regulatory or cooperative-required reports.
• Serve as backup to the Payroll and Accounts Payable functions of the cooperative.
• Maintain other accounts receivable records by generating invoices, reviewing account balances, and ensuring payments are received.
• Assist with month-end and year-end closing procedures and related financial analyses.
• Assist with the annual financial statement audit as needed.
• Assist with regulatory filings as needed.
• Assist with preparation of the annual financial budget.
• Provide financial analysis and reporting support to help management evaluate trends, variances, and operating results.
• Attend training and employee meetings as required.
• Attend and participate in the annual meeting as required.
• Accomplish other duties and tasks as assigned.

REPORTING RELATIONSHIPS
 

• Reports to: Vice President of Finance
• Supervises: None
• Directs: None

OTHER RELATIONSHIPS

INTERNAL

• Engineering Department – Assist in maintaining accurate work order procedures and verification of expense allocation on invoices and employee time sheets.
• Member Services Department – Verify expense allocation on invoices and employee time sheets.
• Operations Department – Assist in maintaining accurate work order procedures and verification of expense allocation on invoices and employee time sheets.

EXTERNAL

• Customers – Respond to inquiries and provide information as required.
• Vendors – Exchange information regarding invoices.
• Banks – Exchange information regarding bank accounts.
• Auditors – Assist with financial audits as assigned.

POSITION SPECIFICATIONS & REQUIREMENTS

Schedule:

• Typical Schedule: This position generally follows a 4/10 schedule, working Monday through Thursday from 7:00 AM to 5:30 PM.
• Flexibility: Work hours may occasionally be adjusted to meet business operational needs, including coverage during high-demand periods, holiday weeks, or special circumstances.

Education, Training, & Certifications:

• Bachelor’s degree in accounting, finance, or a closely related field is required.
• A master’s degree in accounting, finance, or business administration is preferred.
• CPA designation or progress toward certification is strongly preferred.

Experience:

• A minimum of five to eight years of progressive accounting or financial analysis experience is required. Utility, electric cooperative, or other regulated industry experience is strongly preferred, including familiarity with the RUS Uniform System of Accounts, RUS Form 7, work order accounting, and plant capitalization processes. Advanced experience in financial reporting, budgeting, forecasting, audit support, and analysis of financial results is preferred. Experience serving as a backup or lead resource for payroll, accounts payable, or accounts receivable processes is also preferred.

Job Knowledge:

• Knowledge of accounting principles and practices, budgeting methods, taxes, banking, financial reporting, and other financial matters is required. Knowledge of electric cooperative operations and regulatory reporting requirements is preferred.

Abilities and Skills:

• Must be self-disciplined, organized, productive, and able to work accurately. Must be able to handle a variety of tasks and meet established deadlines. Must possess strong written and verbal communication skills and maintain confidentiality of sensitive information. Must be proficient in spreadsheet, database, and word processing software applications, with advanced Excel skills strongly preferred. Must be capable of analyzing financial data and communicating results effectively to management.

Physical Requirements and Working Conditions:

• This position primarily involves sedentary work in an office or remote environment.
• Requires the ability to operate a computer and standard office equipment for extended periods.
• May require the ability to remain in a stationary position (e.g., sitting or standing) for periods of time, with flexibility to move as needed.
• May occasionally require moving materials weighing up to 15 pounds, with or without reasonable accommodation.
• Requires the ability to review and interpret information from documents and computer screens.
• Requires the ability to communicate effectively with others via phone, video, and written communication.
• Work is performed indoors in a climate-controlled office setting with frequent exposure to standard office noise such as printers, phones, and conversations.

Equal Opportunity Employer

Clark Energy Cooperative is an Equal Opportunity Employer and is committed to maintaining a workplace free from discrimination and harassment. All employment decisions are made without regard to race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, genetic information, veteran status, or any other status protected by applicable federal, state, or local laws.

Clark Energy Cooperative is also committed to providing reasonable accommodations to qualified individuals with disabilities and to employees with sincerely held religious beliefs, in accordance with applicable laws. Applicants who require an accommodation during the application or interview process should contact the Human Resources Department.

Work Location: In person