Junior Accountant
OBJECTIVES
Ø The Junior Accountant is responsible for developing and understanding a working knowledge for accurately and efficiently maintaining financial and accounting records consistent with Rural Utilities Service (RUS) accounting practices and procedures and Generally Accepted Accounting Principles (GAAP).
Ø The Junior Accountant objective is to obtain an understanding and working knowledge of all aspects of the cooperative accounting practices utilizing the RUS Bulletins applicable to the accounting practices and procedures.
Ø The Junior Accountant is to develop the skill sets necessary to perform the daily functions required for accurate and timely processes of Payroll, Accounts Payable, Accounts Receivable, Cash Management.
Ø The Junior Accountant is to obtain a working knowledge of the responsibilities of the Junior Accountant position and fulfill these duties when necessary.
DUTIES AND RESPONSIBILITIES:
- Must possess and maintain the ability to:
o Respond positively to supervision.
o Work as a cooperative member of a team.
o Interact professionally and courteously with co-workers and members.
o Successfully work within deadlines and time constraints.
- Accurately and legibly complete all record documentation (computerized timecards, etc.) in accordance with FESCO's policies and procedures and submit such documentation timely and with the proper authorization and approved record-keeping practices.
- Observe confidentiality in all office-related matters.
- Perform Cooperative records retention work per the records retention schedule prepared by the Manager of Accounting.
- Attend and assist at the annual meeting.
- Promote all cooperative programs to the membership.
1. Payroll
- Assist with bi-weekly payroll as needed.
2. Cash Management
- Perform daily cash sheet journal review and approvals.
3. Accounts Payable
- Processes invoices, assign proper general ledger account coding, and enters invoices into the accounts payable system.
- Prepare check payment transactions on accounts payable invoices according to the invoice terms to utilize the efficient timing of invoice due dates.
- Prepare and input journal entries as required to record accounts payable transactions and adjustments with proper approvals.
- Prepares People Fund disbursements.
4. General Accounting
- Reviews and verifies monthly Miscellaneous Receivables open balance report, processes period end, and prepares monthly statements
- Assists in preparing audit work papers and provides audit information as needed.
- Administers the depreciation accounts of the general plant and distribution plant assets
- Reconciles the depreciation register to the general ledger monthly.
- Helps prepare and compile the annual work plan and budget as needed.
- Performs monthly bank account reconciliations and prepares adjusting journal entries.
- Other appropriate duties as assigned.
SPECIFICATIONS
EDUCATION: At a minimum, an associate's degree in Accounting or like discipline from an accredited college or university. A bachelor's degree is preferred. Work experience may substitute for a degree, with an understanding of furthering education.
EXPERIENCE: Three years of general accounting experience is preferred. Prior bookkeeping experience in a similar or related industry is also preferred. Employee must possess the minimum accounting and business skills necessary to perform all tasks with minimal supervision. Employee must possess minimum PC software skills, including full working knowledge of an electronic spreadsheet, word processor, and other software applications as desired by Management.
COMPETENCIES:
- Must have a working knowledge of GAAP.
- Knowledge of internal controls, including segregation of duties.
- Knowledge of accounts payable, accounts receivable, materials, work orders, and payroll.
- Knowledge of working with governmental entities in compliance, dispute resolution, and remediation.
- Proficient in Microsoft Excel, Word, PowerPoint, Outlook, Crystal Reports, and similar software, with the ability to demonstrate an intermediate or beyond skill set.
- Knowledge of budget practices and principles.
- Ability to establish rapport with internal and external representatives, maintaining courteous, respectful, and professional relationships.
- Must have strong communication skills, oral and written, including skills in public speaking, persuasive communication, and conflict resolution.
- Ability to use sound, logical judgment and be a practical decision-maker.
- Ability to prioritize, organize and manage multiple tasks, even simultaneously, and coordinate projects with other employees working to meet deadlines and budgets consistently.
- Ability to think creatively to resolve operational issues while maintaining consistency and regulatory compliance.
WORK AND SAFETY ENVIRONMENT:
- Work is performed in a standard office environment, with occasional weekend and evening work and occasional in-state or out-of-state travel.
- Must be able to perform required duties during extended hours in emergencies.
- Knowledge of safety issues affecting office workers.
- Ability to lift and move a box of copy paper weighing approximately 40 pounds.
- Ability to move about and within an office building and on various terrains.
- Ability to frequently stand and walk and sit for extended periods.
- Ability to perform essential functions that require frequent, prolonged viewing and use of computer monitor, keyboard, and computer mouse for extended periods.
- Operates all cooperative equipment in accordance with FESCO policies and procedures, safety rules, manufacturer guidelines, regulations, and codes and seeks input from the CFO when information is unclear, inadequate, or requires interpretation.
- Complies with all FESCO policies, procedures, and safety rules as they apply to accounting and recommends to all co-workers the use and practice of the same.
REPORTS DIRECTLY TO: Manager of Accounting
This Position Description is intended to identify the essential functions of a position and should not be interpreted as all-inclusive. The employee may be required to perform or assume additional position-related responsibilities other than those stated in this description.
Lorain Medina Rural Electric Cooperative and North Central Electric Cooperative reserve the right to revise or change the position responsibilities as the need arises. This Position Description does not constitute a written or implied contract of employment. The time frames mentioned for the successful accomplishment of training phases are for illustrative purposes only and should not be construed as an implied contract of employment for any amount of time.
Equal Opportunity Employer, including disabled and veterans.
Pay: $31.02 - $37.99 per hour
Benefits:
- 401(k) matching
- Dental insurance
- Disability insurance
- Health insurance
- Life insurance
- Paid sick time
- Paid time off
- Parental leave
- Retirement plan
- Tuition reimbursement
- Vision insurance
Experience:
- Accounting: 3 years (Required)
Work Location: In person
