Accountant

We Power Indiana

Indianapolis (IN)

On-site

USD 60,000 - 75,000

Full time

30 hours ago
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Job summary

Indiana Electric Cooperatives in Indianapolis seeks an Accountant to support financial integrity, regulatory compliance, and the member-focused mission. You will perform general ledger accounting, reconciliations, reporting, budgeting support, and analysis of utility-related transactions, collaborating with operations and engineering.

The role demands attention to detail, strong communication, and timely close processes, with exposure to audits, tax filings, and regulatory reporting within a

Qualifications

  • Bachelor’s degree in accounting, finance, or closely related field.
  • Two or more years of professional accounting experience.
  • Working knowledge of general ledger accounting, reconciliations, month-end close, financial statements, and internal controls.
  • Proficiency with Microsoft Excel and ability to learn ERP, utility accounting, and reporting systems.
  • Ability to analyze detailed financial information, and communicate findings clearly.
  • Strong organizational skills and ability to manage deadlines with accuracy.

Responsibilities

  • Prepare and post journal entries, reconciliations, and schedules for monthly, quarterly, and annual close.
  • Maintain accurate general ledger activity and investigate unusual balances.
  • Assist with financial statements, management reports, and regulatory or lender reporting.
  • Support accounting for purchased power, transmission costs, member revenues, and related settlements.
  • Coordinate with operations, engineering, procurement, AP, and billing for complete data.
  • Ensure compliance with accounting guidance, loan covenants, grants, tax filings, and regulators.
  • Maintain documentation of procedures and internal controls; suggest improvements.
  • Provide information and schedules for auditors, tax preparers, lenders, regulators.
  • Participate in system implementations, upgrades, and data validation as needed.
  • Perform other duties to support the cooperative’s mission.

Skills

General ledger accounting
Reconciliations
Month-end close
Financial analysis
Communication
Attention to detail

Education

Bachelor’s degree in accounting/finance
CPA eligibility
Two+ years accounting experience

Tools

Excel
ERP systems
Reporting systems

Job description

The Accountant supports the financial integrity, regulatory compliance, and member-focused mission of the electric power cooperative. This position performs general ledger accounting, reconciliations, financial reporting, budgeting support, and analysis of utility-related transactions. The Accountant partners with operations, engineering, power supply, and other departments to ensure accurate and timely accounting in accordance with generally accepted accounting principles, applicable regulatory requirements, cooperative policies, and internal controls.

Essential Duties and Responsibilities
  • Prepare and post journal entries, account reconciliations, and supporting schedules for monthly, quarterly, and annual close processes.
  • Maintain accurate general ledger activity and investigate unusual balances, variances, and reconciling items.
  • Assist with the preparation of financial statements, management reports, board materials, and regulatory or lender reporting.
  • Support accounting for purchased power, transmission costs, member revenues, and related settlements, as applicable.
  • Coordinate with operations, engineering, procurement, accounts payable, billing, and other departments to obtain complete and accurate accounting information.
  • Support compliance with applicable accounting guidance, cooperative loan covenants, grant requirements, tax filings, and regulatory reporting, including Rural Utilities Service or other utility-specific requirements when applicable.
  • Maintain documentation of accounting procedures and internal controls; recommend practical process improvements.
  • Provide information and schedules for external auditors, tax preparers, lenders, regulators, and other stakeholders.
  • Participate in system implementations, upgrades, data validation, and special projects.
  • Perform other duties as assigned in support of the cooperative’s mission and business needs.
Minimum Qualifications
  • Bachelor’s degree in accounting, finance, or a closely related field.
  • Two or more years of professional accounting experience, or an equivalent combination of education and experience.
  • Working knowledge of general ledger accounting, reconciliations, month-end close, financial statements, and internal controls.
  • Proficiency with Microsoft Excel and the ability to learn enterprise resource planning, utility accounting, and reporting systems.
  • Ability to analyze detailed financial information, identify discrepancies, and communicate findings clearly.
  • Strong organizational skills and the ability to manage deadlines with accuracy and sound judgment.
Preferred Qualifications
  • Experience in an electric cooperative, public power organization, investor-owned utility, generation and transmission cooperative, or other regulated utility environment.
  • Knowledge of utility plant accounting, the Federal Energy Regulatory Commission Uniform System of Accounts, Rural Utilities Service requirements, or cooperative financial reporting.
  • Certified Public Accountant designation, CPA eligibility, or progress toward a relevant professional certification.
Core Competencies
  • Accuracy and Accountability: Produces reliable work, follows issues through resolution, and takes ownership of results.
  • Analytical Thinking: Evaluates financial information, identifies trends, and develops well-supported conclusions.
  • Collaboration: Builds productive relationships across technical and nontechnical teams.
  • Communication: Explains accounting matters clearly in writing and conversation.
  • Service Orientation: Supports the cooperative’s commitment to dependable, affordable electric service and responsible stewardship of member resources.
  • Continuous Improvement: Looks for efficient, controlled, and scalable ways to improve processes.
Working Conditions and Physical Requirements

Work is primarily performed in a professional office environment with extended periods of computer use. The position may require occasional travel to cooperative facilities, meetings, training events, or project sites. The employee must be able to communicate effectively, access and review electronic and paper records, and perform the essential functions of the position with or without reasonable accommodation.

Additional Information

This job description summarizes the primary duties and qualifications of the position and is not intended to be an exhaustive list. Responsibilities may change based on operational needs. The cooperative is an equal opportunity employer and considers qualified applicants without regard to any status protected by applicable law.

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