Matanuska Electric Association Inc - Palmer, AK

POSTING DATE: Wednesday, April 17, 2019

CLOSING DATE: Until Filled

SALARY:$138,021 Midpoint

HOURS OF WORK:8:00 a.m - 5:00 p.m




DEPARTMENT:Finance & Accounting



This position is responsible for the Finance and Accounting Services functions of the Association. Finance and Accounting management includes directing and controlling the Associations financial functions and practices to ensure compliance with all accounting principles, Association policies, state, and federal guidelines. This position provides leadership and manages all accounting personnel and provides information and analytical support to management and the Board of Directors. Position also serves as a staff level resource to the executive management team and the Board of Directors for special projects. Responsibilities include finance, banking, long-term debt management, supporting the Association's risk management, financial planning activities, tariff and other regulatory matters, and developing and maintaining external relationships representing the Association's financial and other interests in financial and regulatory areas.


Directs the Association's financial services, including general ledger, plant, payroll and revenue accounting, and implements procedural changes as indicated by Association policy and accounting pronouncements. Ensures that all Association transactions are accounted for in accordance with law, generally accepted accounting principles(GAAP), regulatory authority, FERC Uniform System of Accounts and NRUCFC requirements, as well as the Association's budgets, policies, and procedures.

Leads team through subordinate supervisors as well as all employees assigned as Finance and Accountingpersonnel. Makes decisions related to hiring, salary determination, promotions,terminations,etc. Sets goals and objectives for employees, develops criteria, and monitors employee's progress on goals. Prepares and administers employee evaluations and resolves personnel problems as necessary.

Oversees and is a resource for the financial aspects and integration of the Association's customer accounting information systems.

Directs preparation and distribution of internal and external financial and statistical reports. Acts as internal auditor and directs preparation of audit work papers.

Acts as primary coordinator of all financial and compliance audits and IRS filings of the Association. Prepares or directs preparation of trial balances, financial statements, cash flow statements and footnotes in conjunction with financial audit.

Under the direction of the Chief Financial Officer, manages the Association's cash position to its maximum benefit, through the requisitioning of long-term funds in compliance with the provisions of applicable NRUCFC debt instruments, and the investment of excess short-term funds and use of line-of-credit borrowings.

Assists the Association's management to develop and revise programs, policies, and procedures to meet the Association's needs. Responsible for the preparation of the Association's annual perating and capital budget.

AssiststheChiefFinancial OfficerwithcoordinatingtheAssociation'sinsuranceprogram.

Assists the Chief Financial Officer in the Request for Proposal (RFP) process for external auditors and banking services. Includes preparation and review of the proposals and development of selection criteria. Participates in the presentations and provides input into final selection. Coordinates finalizing and implementing new agreements.

Ensures all the Association's expenditures are properly authorized and accounted for in compliance with GAAP.

Establishes and maintains adequate security of the financial systems and the safeguarding of all records, files, and related information.

Supports the development of short-and long-term financial forecasts and plans, and of the financial analyses and studies used to establish the Association's financial and rate making strategies and goals.

Responsibilities may include backing up the FinancialPlanning & Regulatory Affairs Manager on tariff managementand compliance, maintenance of regulatory relationships, compliance with non-tariffed regulatory requirements, and preparation of periodic Cost of Power Adjustment(COPA) filings and Simplified Rate Filings(SRF) and other filings.

Participates in development and implementation of the Associations overall rate making, business planning, and competitive positioning strategies, supporting Cost of Service, Revenue Requirements, and rate designstudies. Maybe called onto develop and present testimony in regulatory and other proceedings.

Monitors financial and accounting developments and emerging issues at the national, state, and local levels, andbriefs executive management team asappropriate.

Serves as backup to the Chief Financial Officer of the Association.

Serves as a staff level resource to the CEO, executive management team, and Board of Directors for financial and general business issues on an as-needed basis.

Serves as a financial representative of the Association on committees for membership organizations or other external parties as needed. May backup the Chief Financial Officer on other committees as assigned.

When assigned by the Chief Financial Officer or as appropriate to the position, makes presentations and represents the interest of the Association to outside groups.

Represents the Association in a positive manner through discretionary involvement in community affairs and organizations.

May be called upon to provide interim supervisory or analytical support in other departments consistent with skills and expertise.

Performs other duties as assigned, or as appropriate to the position.

Promotes a safety culture in which safety is a value. This culture is based on joint and individual engagement, ownership, and accountability regarding job safety and responsibility to perform work safely and adhere to safe work practices.

Performs the essential functions of the position in a safe and efficient manner.

Integral member of the Associations Emergency Response Team. Responsible for duties as outlined in the Associations Emergency Response Plan.

The above items are not intended to be all inclusive of the essential functions or requirements of this type of work as they are subject to change based on operating necessity. The employee will also perform other related business duties as assigned by the immediate supervisor and other management personnel.


Qualified candidates are required to have a four (4) year college degree in finance, accounting, economics, or a related field

and ten (10) or more years progressive experience in accounting and finance, including management and development of personnel, internal controls, budgets, financial forecasts and plans,

to include at least five (5) years of supervisory experience.

Preference will be given to candidates with electrical utility accounting experience using the FERC/REA/RUS Uniform System of Accounts, and those who have obtained their Certified Public Accountant (CPA), Chartered Global Management Accountant (CGMA), and or Certified Management Accountant (CMA) designation, and those holding advanced degrees in relevant subject matter.

Qualified candidates must have a valid Alaska drivers license (or ability to obtain as required under State of Alaska regulations) and a driving record, which is acceptable and insurable by the Association and the Associations insurance carrier at standard group rates.

NOTE: The Association will consider, in its sole discretion, relevant work experience in lieu of required education qualifications or other required certifications or qualifications.


Support a culture of safety excellence through active involvement in safety improvement and promote a sense of shared responsibility for safety.

Advanced knowledge of financial analysis techniques, as well as financial and business markets, generally accepted accounting principles (GAAP), utility accounting, regulatory concepts, and theory and practices applicable to the Association.

Advanced knowledge of current events and issues in the electric utility industry.

Advanced knowledge of software applications, including the development and use of spreadsheets, database, word processing documents and presentations.

Knowledge of a windows environment.

Skilled in effectively training, directing and coaching subordinates.

Skilled in administering and interpreting contracts and collective bargaining agreements.

Strong customer service skills.

Skilled in negotiating and testifying.

Skilled in exceptional time management with the ability to manage multiple projects.

Proven skill in financial modeling.

Skilled in motivation and persuasion techniques.

Excellent collaborative leadership and organizational skills.

Skilled in effective and professional verbal and written communication.

Exemplary relationship building skills.

Skilled in innovative, creative, and agile in developing solutions to assignments.

Skilled in driving problem-solving, decision-making and accountability within team.

Ability to think clearly and identify and solve complex problems in a thorough and logical manner.

Ability to use proper techniques in hiring, discipline, appraising performance, coaching, and other supervisory skills.

Ability to work independently and/or collaboratively as part of a team, as needed and required.

Ability to develop sound policy recommendations and serve as a facilitator for their consideration.

Ability to exercise high level of independent judgment, initiative, and discretion.

Ability to prepare and present expert testimony on complex topics in a credible and understandable manner.

Ability to maintain complete confidentiality of classified/confidential information.

Ability to facilitate cooperation between work groups and work functionally across all levels of the organization.

Ability to self-motivate improvement based on successes and failures.

Ability to effectively delegate and collaborate with others to accomplish assignments.

Ability to lead the corrective action and continuous improvement processes within area of responsibility.

Embrace and embody the Associations Core Values through decisions, actions, attitude, and behavior to directly contribute to the success of the organization.


The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position; this list is not inclusive of all the physical demands that may be required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the employee will be required to:

Use a computer to produce professional written reports and documents with ability to measure results.

Communicate through speech and hear conversations with others by telephone and in person.

Visual acuity to discern writing on paper to include reading technical and legal documents, communication with others electronically, and reading, comprehending, and performing complex analysis from technical and legal documents via paper and computer format.

Communicate with individuals in person and ability to manage employees, conduct meetings and deliver presentations to groups including representing the Association publicly.

Lift ten (10) pounds constantly, and frequently lift and/or carry up to twenty (20) pounds.

May sit for prolonged periods of time and walk or stand to a significant degree.

Requires occasional travel to other Association offices and organizations to attend meetings, seminars, etc.

Occasionally operate a vehicle.


The work environment conditions described here are representative of those an employee encounters while performing the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

This position primarily works in an office setting.


This position is classified as an exempt, nonrepresented position; and therefore, is not eligible for overtime compensation. All Association employees are expected to work widely varying amounts of time outside the normal shifts to assist in power restoration or other needs of the Association.

NOTE: MEA requires a post-offer substance abuse test. Any positive test result, or refusal to consent to these tests, will disqualify applicant from employment.

MEA is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Individuals with disabilities who wish to apply and who require reasonable accommodations to participate in any portion of the application or interview process should advise MEA in advance.


Matanuska Electric Association, Inc.

163 East Industrial Way (P.O. Box 2929), Palmer, Alaska99645

Telephone: (907) 761-9319/ Facsimile:(907) 761-9264