Utility
Financial Analyst
(Full Time) Department:
Accounting
ROLE AND RESPONSIBILITIES To advise the Chief Financial Officer on financial matters and perform the duties necessary to effectively and efficiently direct and oversee finance activities of the Cooperative. Effectively and accurately assist, supervise, and/or perform the following functions: Financial Analysis and Reporting
Analyze financial statements, key performance indicators (KPIs), and variances to provide actionable insights. Conduct special cost studies and financial analysis as requested by departments of the Cooperative. Develop and maintain financial reports which are consistent with generally accepted accounting principles, dashboards, and presentations for management and stakeholders. Support monthly, quarterly, and annual financial reviews and presentations.
Collaborate with stakeholders to create accurate financial forecasts based on historical data and market trends. Maintain an excellent knowledge of the electric utility industry, the economy, and other trends and forecasts to ensure proactive steps are taken to optimize developing conditions. Monitor and update forecasts based on changing business conditions. Budgeting
Assist in preparing, monitoring, and maintaining the organization's annual budget. Track budget performance, identify variances, and recommend corrective actions to meet financial goals and ensure that budgets and financial plans stay within approved levels. Evaluate budget proposals, analyze financial data, and ensure alignment with strategic objectives.
Data Modeling and Scenario Analysis
Build and maintain financial models to evaluate business initiatives, investments, and other financial opportunities. Assist with developing cash requirements and debt portfolio strategy consistent with the risk tolerance set by the Board of Directors, ensuring adequate short-term cash and maximizing investment of available excess cash. Perform sensitivity and scenario analyses to assess potential risks and opportunities.
Strategic Decision Support
Collaborate with departments to understand financial needs and align them with business goals. Provide recommendations to improve profitability, cost-efficiency, and financial performance. Analyze industry trends and market dynamics to support strategic planning.
Compliance and Risk Management
Ensure financial and accounting practices comply with regulations and company policies. Assist in developing and updating financial and accounting policies, procedures, and internal controls.
Process Improvement
Identify opportunities to streamline financial and accounting processes and implement best practices. Support the integration of financial systems and tools to improve data accuracy and accessibility.
Support Other Accounting Functions
Provide backup support to other areas within the accounting department as needed to ensure continuity of operations. Assist with maintaining efficient accounting systems providing complete and accurate records of the Cooperatives assets, liabilities, and financial transactions in compliance with generally accepted accounting principles and RUS accounting standards. Assist with the annual audit and aid external auditors. Process bank wire/ACH transfers as needed. Assist with reviewing corporate tax returns and overseeing audits or strategies to minimize tax liabilities and maximize tax savings opportunities.
QUALIFICATIONS AND EDUCATION REQUIREMENTS Bachelors degree in Finance, Accounting, or a related field (Masters degree or CFA certification is a plus). 5 years of experience in financial analysis, accounting, corporate finance, or a related role. Knowledge and experience in the operation of an accounting system per RUSs Uniform System of Accounts preferred. General knowledge of overall operations of an electric utility preferred. General knowledge in the areas of expense analysis, accounts payable, payroll, property records and long-term debt acquisition. Must have excellent oral and written communication skills. Requires exceptional interpersonal skills for interacting with all levels of cooperative personnel. Must be well-organized and able to exercise discretion and use sound judgment in dealing with people and confidential information. RELATIONSHIPS Internal: Chief Financial Officer, senior management team, and all levels of cooperative personnel. External: Auditors, Lenders, Members, General Public, GEMC and other Cooperative Personnel. Reports to: Chief Financial Officer. WORKING CONDITIONS AND PHYSICAL REQUIREMENTS Sedentary work. Involves sitting most of the time. Walking, standing, and exerting up to 10 pounds of force occasionally. Required to be available and accessible to work irregular hours during emergency situations. Requires travel both inside and outside the cooperatives service territory. Work may require occasional weekend and/or evening work. Requires repetitive motion with hands and fingers such as dialing and keyboarding. Required to have close visual acuity to prepare and analyze data and figures; transcribe; read and edit extensively; and view a computer screen. ADDITIONAL NOTES The job description is an overview of the major responsibilities of the position. It is not intended to cover each aspect of the position as the duties may be temporarily altered based on the business needs of Coweta-Fayette EMC. The basic requirement of every position is to perform all tasks as assigned by your supervisor. All new hires are required to successfully pass Coweta Fayette EMCs pre-employment physical exam and drug screen. All employees of Coweta Fayette EMC are expected to demonstrate an awareness that each job exists to effectively serve each and every member, and at every opportunity to achieve increased member and public understanding for support of the Cooperative. It is the practice of Coweta-Fayette EMC to accept applications forexisting vacancies only. Individuals can apply by clicking on title above and completing the application, or in person during business hours at 807 Collinsworth Rd., Palmetto, GA 30268. The job description is an overview of the major responsibilities of the position. It is not intended to cover each aspect of the position, as duties may be temporarily altered based on the business needs of Coweta-Fayette EMC. The basic requirement of every position is to perform all tasks as assigned by your supervisor. All employees of Coweta-Fayette EMC are expected to demonstrate an awareness that each job exists to effectively serve each and every member. Coweta-Fayette EMC is a Drug Free Workplace. All new hires are required to successfully pass Coweta-Fayette EMC’s pre-employment physical exam and drug screen, as well as a background check. Applicants with disabilities who need assistance with the application process and interested persons with questions can contact Mariyen Figueroa at (770) 252-7477, or mfigueroa@utility.org. Coweta-Fayette EMC is an Equal Opportunity Provider Employer, including disability/vets.
#J-18808-Ljbffr
(Full Time) Department:
Accounting
ROLE AND RESPONSIBILITIES To advise the Chief Financial Officer on financial matters and perform the duties necessary to effectively and efficiently direct and oversee finance activities of the Cooperative. Effectively and accurately assist, supervise, and/or perform the following functions: Financial Analysis and Reporting
Analyze financial statements, key performance indicators (KPIs), and variances to provide actionable insights. Conduct special cost studies and financial analysis as requested by departments of the Cooperative. Develop and maintain financial reports which are consistent with generally accepted accounting principles, dashboards, and presentations for management and stakeholders. Support monthly, quarterly, and annual financial reviews and presentations.
Collaborate with stakeholders to create accurate financial forecasts based on historical data and market trends. Maintain an excellent knowledge of the electric utility industry, the economy, and other trends and forecasts to ensure proactive steps are taken to optimize developing conditions. Monitor and update forecasts based on changing business conditions. Budgeting
Assist in preparing, monitoring, and maintaining the organization's annual budget. Track budget performance, identify variances, and recommend corrective actions to meet financial goals and ensure that budgets and financial plans stay within approved levels. Evaluate budget proposals, analyze financial data, and ensure alignment with strategic objectives.
Data Modeling and Scenario Analysis
Build and maintain financial models to evaluate business initiatives, investments, and other financial opportunities. Assist with developing cash requirements and debt portfolio strategy consistent with the risk tolerance set by the Board of Directors, ensuring adequate short-term cash and maximizing investment of available excess cash. Perform sensitivity and scenario analyses to assess potential risks and opportunities.
Strategic Decision Support
Collaborate with departments to understand financial needs and align them with business goals. Provide recommendations to improve profitability, cost-efficiency, and financial performance. Analyze industry trends and market dynamics to support strategic planning.
Compliance and Risk Management
Ensure financial and accounting practices comply with regulations and company policies. Assist in developing and updating financial and accounting policies, procedures, and internal controls.
Process Improvement
Identify opportunities to streamline financial and accounting processes and implement best practices. Support the integration of financial systems and tools to improve data accuracy and accessibility.
Support Other Accounting Functions
Provide backup support to other areas within the accounting department as needed to ensure continuity of operations. Assist with maintaining efficient accounting systems providing complete and accurate records of the Cooperatives assets, liabilities, and financial transactions in compliance with generally accepted accounting principles and RUS accounting standards. Assist with the annual audit and aid external auditors. Process bank wire/ACH transfers as needed. Assist with reviewing corporate tax returns and overseeing audits or strategies to minimize tax liabilities and maximize tax savings opportunities.
QUALIFICATIONS AND EDUCATION REQUIREMENTS Bachelors degree in Finance, Accounting, or a related field (Masters degree or CFA certification is a plus). 5 years of experience in financial analysis, accounting, corporate finance, or a related role. Knowledge and experience in the operation of an accounting system per RUSs Uniform System of Accounts preferred. General knowledge of overall operations of an electric utility preferred. General knowledge in the areas of expense analysis, accounts payable, payroll, property records and long-term debt acquisition. Must have excellent oral and written communication skills. Requires exceptional interpersonal skills for interacting with all levels of cooperative personnel. Must be well-organized and able to exercise discretion and use sound judgment in dealing with people and confidential information. RELATIONSHIPS Internal: Chief Financial Officer, senior management team, and all levels of cooperative personnel. External: Auditors, Lenders, Members, General Public, GEMC and other Cooperative Personnel. Reports to: Chief Financial Officer. WORKING CONDITIONS AND PHYSICAL REQUIREMENTS Sedentary work. Involves sitting most of the time. Walking, standing, and exerting up to 10 pounds of force occasionally. Required to be available and accessible to work irregular hours during emergency situations. Requires travel both inside and outside the cooperatives service territory. Work may require occasional weekend and/or evening work. Requires repetitive motion with hands and fingers such as dialing and keyboarding. Required to have close visual acuity to prepare and analyze data and figures; transcribe; read and edit extensively; and view a computer screen. ADDITIONAL NOTES The job description is an overview of the major responsibilities of the position. It is not intended to cover each aspect of the position as the duties may be temporarily altered based on the business needs of Coweta-Fayette EMC. The basic requirement of every position is to perform all tasks as assigned by your supervisor. All new hires are required to successfully pass Coweta Fayette EMCs pre-employment physical exam and drug screen. All employees of Coweta Fayette EMC are expected to demonstrate an awareness that each job exists to effectively serve each and every member, and at every opportunity to achieve increased member and public understanding for support of the Cooperative. It is the practice of Coweta-Fayette EMC to accept applications forexisting vacancies only. Individuals can apply by clicking on title above and completing the application, or in person during business hours at 807 Collinsworth Rd., Palmetto, GA 30268. The job description is an overview of the major responsibilities of the position. It is not intended to cover each aspect of the position, as duties may be temporarily altered based on the business needs of Coweta-Fayette EMC. The basic requirement of every position is to perform all tasks as assigned by your supervisor. All employees of Coweta-Fayette EMC are expected to demonstrate an awareness that each job exists to effectively serve each and every member. Coweta-Fayette EMC is a Drug Free Workplace. All new hires are required to successfully pass Coweta-Fayette EMC’s pre-employment physical exam and drug screen, as well as a background check. Applicants with disabilities who need assistance with the application process and interested persons with questions can contact Mariyen Figueroa at (770) 252-7477, or mfigueroa@utility.org. Coweta-Fayette EMC is an Equal Opportunity Provider Employer, including disability/vets.
#J-18808-Ljbffr