Tri-State Generation and Transmission Association, Inc. is a wholesale power supply cooperative operating on a not-for-profit basis. They are seeking an Accounting Analyst Senior to reconcile account balances, maintain the accounting general ledger, and generate accounting reports while ensuring compliance with GAAP and FERC standards.
Responsibilities
- Properly categorize and record financial information in conformity with United States (US) Generally Accepted Accounting Principles (GAAP), the Securities and Exchange Commission (SEC), and the Federal Electric Regulatory Commission (FERC) Uniform System of Accounts (USofA)
- Apply the principles, concepts, and practice of GAAP and FERC accounting rules to ensure accounting transactions are recorded correctly and financial results are properly reflected in the financial statements
- Design and implement functionality of systems and procedures to record financial data, in addition to importing transactions to accounting systems
- Serve as liaison between corporate accounting and other departments and stakeholders, providing procedural and technical guidance and training as necessary
- Prepare financial reports required by various regulatory authorities and assist with preparing management reports, as required
- Prepare analysis, reports, and related documents to support internal and external audit requests; work with external auditors and internal Sarbanes-Oxley Act (SOX) Compliance
- Develop and maintain back-up capabilities by engaging in knowledge sharing and training efforts with other accountants throughout the department, to include job sharing activities
- Prepare special reports, accounting analyses, calculations and allocations, as required, and recommend/implement improvements for efficiency
- Recognize when issues arise among various data systems; develop and propose solutions to issues
- Exhibit an understanding of the interrelationships between and among the various data systems, recognizing when issues arise; develop and propose solutions to issues
- Engage application services when system or reporting enhancements are needed
- Maintain the Uniform System of Accounts (USofA) FERC account structure to facilitate internal and external reporting
- Provide in-depth explanations for financial variances as needed
- Complete timely reconciliations of general ledger accounts on a routine basis and upon special request, to ensure that balances are correct and that subsidiary records agree with general ledger control accounts
- Participate in month-end close process, including ensuring all sub-ledger data in the general ledger is accurate at each month-end, importing monthly activity from the various subsystems to the General Ledger, gathering and documenting back-up support, and preparing various month-end batches and journals
- Document accounting procedures processes and internal controls, reviewing annually for effectiveness and recommend revisions as necessary
- Provide guidance, direction, and training of other accountants engaged in similar activities as well as other internal employees as needed
- As needed, monitor Accounts Receivable (A/R) Aging, coordinate with other departments when appropriate, and follow up on past due invoices; Perform A/R functions as needed
- As needed, perform accounting functions under cost accounting methodologies in connection with subsidiary and affiliated entities
- Process cash receipts and AR invoices, as needed
- Perform accounting functions for joint project agreements ensuring conformity with various Participation Agreements, including reporting, billing, and reconciliation requirements; works closely with station personnel and other joint owners, providing information and responding to information requests, including audit requests
- Because Tri-State is an electric utility with continuous service obligations to its customers, regular, reliable, and predictable performance of the essential functions and responsibilities is an essential function of the job
- Because Tri-State has an obligation to provide continuous, reliable electric service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job
Skills
- Bachelor's degree or equivalent experience in accounting or related field
- Ability to perform detailed work with high degree of accuracy
- Ability to develop and maintain collaborative, effective, and cohesive working relationships
- Ability to communicate effectively and timely, both verbally and in writing
- Strong knowledge of accounting principles and practices, to include but not limited to: Generally Accepted Accounting Principles (GAAP) and the Federal Energy Regulatory Commission guidance of the Uniform System of Accounts (FERC USofA)
- Familiarity with Sarbanes Oxley (SOX) requirements and relationships related to internal controls
- Familiarity with accounting allocation procedures, account validation rules and system interrelationships with General Ledger; must understand and be able to apply reconciliation procedures
- Strong understanding of the interrelationships between and among various data systems with the ability to recognize when issues arise
- Knowledge of subsidiary accounting and elimination accounting processes
- Extensive working knowledge of personal computers, computerized accounting systems such as Oracle Cloud, MS Office suite, and familiarity with report writer applications such as Oracle Smart View
- Must be able to demonstrate that he/she can perform all of the essential functions of the position
- Willingness to travel as required. (Must possess a valid driver's license.)
- Experience in electric utility accounting
- Knowledge of Generally Accepted Accounting Principles (GAAP) accounting, Federal Energy Regulatory Commission (FERC) accounting and reporting requirements, and Securities and Exchange Commission (SEC) reporting requirements
- Familiarity with current issues related to local, state and federal regulations, as applicable to accounting, tax and current accounting issues
Benefits
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 40%
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSA)
- Tuition Reimbursement
- Life Insurance
- Retirement Option
- Long Term Disability (LTD)
- Short Term Disability (STD)
- Employee Assistant Program (EAP)
- Paid Leave Benefits
Company Overview
We are Tri-State, a not-for-profit, wholesale power supplier to electric cooperatives and public power districts across the Western U.S. It was founded in 1952, and is headquartered in Craig, Colorado, USA, with a workforce of 1001-5000 employees. Its website is http://www.tristategt.org.