Staff Accountant

Job Description

ACCOUNTANT I | Seminole Electric Cooperative, Inc.

The Tone:
This is an in-person role at Seminole Electric Cooperative, Inc. The company is a power generation and transmission cooperative, dedicated to providing reliable and affordable electricity. This role is crucial for maintaining the integrity of financial records and ensuring compliance with established accounting controls and procedures, contributing directly to the cooperative’s operational efficiency. The Accountant I plays a foundational role in supporting the accounting department’s core functions.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person

• Mission: Ensures the accurate and timely production of the monthly General Ledger and supports compliance with accounting controls and procedures.
• Tech Stack: Microsoft Office applications, fuel management systems

What You’ll Actually Do
• General Ledger Management: Ensure the accurate and timely completion of the monthly General Ledger (GL), maintain the chart of accounts, and handle account maintenance requests.
• Financial Reporting: Prepare, review, and distribute management reports during the GL closing process, and assist in preparing periodic financial reports.
• Billing and Invoice Processing: Prepare energy billings and other billings as requested, and review purchased power invoices for payments and related GL postings.
• Accruals and Reconciliations: Calculate monthly fuel expenses and accruals, interest amounts during construction, and analyze and reconcile short-term investments.
• Account Balancing: Balance cash receipts and wire transfer journals, and review reconciliations of all bank accounts, including operating and payroll, on a monthly basis.

The Must-Haves
• Background: Bachelor’s degree in Accounting or Finance required; an Associate’s Degree with equivalent accounting training or related work experience can substitute at a rate of two years of experience per one year of academics.
• Experience: Entry-level experience in accounting or finance with a focus on data accuracy and compliance with accounting controls.
• Skills: Generally Accepted Accounting Principles (GAAP), Financial Reporting, Data Entry, Utility Billing Practices, Proficiency with Microsoft Office applications.