Staff Accountant

Rio Grande Electric Cooperative, Inc.; Brackettville (TX); On-site; USD 55,000 - 85,000; Full time

Job summary

Rio Grande Electric Cooperative, Inc. is seeking an accounting professional to maintain and update financial records in accordance with RUS and GAAP standards.

The role involves posting journal entries, reconciling ledgers, and preparing financial reports to support month-end and year-end closes. Excellent analytical and mathematical skills, strong Excel proficiency, and the ability to manage multiple tasks are essential.

Qualifications

• B.A. in Business Administration – Accounting is required.
• Accounting experience required.
• Knowledge of RUS uniform system of accounts, RUS specifications, general business and accounting procedures is preferred.
• Analytical and mathematical mindset with strong problem-solving abilities.
• Ability to manage multiple projects within deadlines.
• Knowledge and application of generally accepted accounting principles.
• Proficient in Microsoft Excel and Microsoft Office.
• Familiarity with accounting software and programs.
• Valid Texas driver’s license.
• Insurable with the Cooperative’s auto insurance carrier.
• Must be or become certified in first aid and CPR.
• Excellent oral and written communication in English.
• Excellent interpersonal skills for harmonious teamwork.

Responsibilities

• Ensure proper application of RUS accounting requirements and GAAP.
• Prepare and post journal entries to the general ledger.
• Reconcile subsidiary journals with the GL on a daily/monthly basis.
• Set up automated reports to verify module and GL balances.
• Reconcile daily bank activity and perform monthly bank reconciliations.
• Assist with month-end and year-end closing and financial reporting.

Skills

Analytical mindset

Mathematical mindset

Problem solving

Communication skills

Interpersonal skills

Education

Bachelor's degree in Business Administration – Accounting

Tools

Microsoft Excel

Microsoft Office

Accounting software familiarity

Job description

Job purpose

Position will update accounting records and files to ensure accurate financial statements and reports are maintained. Responsible for administering proficient application of RUS accounting guidelines and for ensuring proper applications of generally accepted accounting principles, practices and procedures.

Duties and Responsibilities

• Ensure proficient application of RUS accounting requirements and generally accepted accounting principles
• Prepare and post journal entries to general ledger
• Verify that all subsidiary journals and software modules reconcile with the general ledger balances on a daily and monthly basis for month end closing
• Set up automated reports to troubleshoot and verify module and general ledger balances
• Reconcile daily bank account activity and perform monthly accounting system bank reconciliation functions to include clearing of outstanding checks/unclaimed funds
• Report and update daily financial balances and investment notes to designated staff
• Initiate and prepare ACH and/or wire payment transactions through financial institution(s) requiring approval and processing from authorized staff; to include payroll, accounts payable and bank sweep templates
• Review proper distribution of time coding (LAFB, Fort Bliss and Native) and calculate average lineman cost on an annual basis
• Review sales tax and gross receipt reports
• Administration of cash register audits to review cash register transactions and cash on hand; review of petty cash and backup documentation for cash register replenish balances
• Coordinate the financial funding tasks associated with the Sharing Success Program and assist with final board presentation
• Setup and maintain amortization schedules for prepayments and easements within iVUE Financials
• Assist with month-end and year-end closing
• Assist with the preparation of the monthly financial reports, including balance sheet, income statement, and statement of cash flows
• Assist with the preparation of quarterly budget updates
• Assist in the development of the annual department budgets
• Assist with the preparation of financial analyses, forecasts and budgeting reports
• Prepare documents requested by internal and external auditors
• Perform other related duties as assigned
• Learn and comply with Cooperative’s safety rules and procedures

• Maintain confidential information
• Learn and comply with Cooperative’s safety rules and procedures

Qualifications

• B.A. in Business Administration – Accounting is required
• Accounting experience required
• Knowledge of RUS uniform system of accounts, RUS specifications, general business and accounting procedures is preferred
• Possess an analytical and mathematical mindset with great problem-solving abilities
• Ability to accomplish a variety of projects simultaneously within established deadlines
• Knowledge and application of generally accepted accounting principles
• Knowledge of Microsoft Office; proficient in Microsoft Excel
• Ability to become familiar with accounting software and programs
• Possess a valid Texas driver’s license
• Insurable with the Cooperative’s auto insurance carrier
• Must be or become certified in first aid and cardiopulmonary resuscitation
• Possess excellent oral and written communication skills in the English language
• Possess excellent interpersonal skills including the ability to maintain a harmonious working relationship with all Cooperative employees

Working Conditions

• Office environment
• Subject to irregular hours
• Subject to travel, including multiple over-night stays
• To ensure all employees are provided with drug free and alcohol-free working conditions, pre-employment, post- accident, reasonable cause and random drug and alcohol tests are conducted on all employees

Physical Requirements

• Required to pass a physical examination when employed
• Must have sufficient health to perform the essential functions, duties and responsibilities of the job
• Sitting for extended periods of time
• Traveling

Direct Reports

• n/a

Rio Grande Electric Cooperative, Inc. (RGEC) was organized in 1945 to enhance the quality of life for rural residents by providing electric service where none existed. Today, at over 35,000 square miles, RGEC has the largest service territory of any electric cooperative in the contiguous United States, serving 18 counties in Texas, and two counties in New Mexico. While it still serves rural areas, many metropolitan areas have expanded into RGEC’s territory, which now includes hospitals, schools, and urban housing developments.

The Cooperative was also selected by the military to be the electrical maintenance provider for Fort Bliss, El Paso, and Laughlin Air Force Base, Del Rio. RGEC maintains offices in Alpine, Brackettville, Carrizo Springs, Dell City, El Paso, and Fort Stockton, with the Brackettville office serving as corporate headquarters.

Mission

RGEC is committed to providing its members safe and reliable energy services through the efficient use of resources, highly skilled employees, and technology.

Motto

Empowering communities, enhancing lives.

Values & Vision

RGEC proudly serves members based on a foundation of integrity and excellence, while striving for the betterment of communities and quality of life for those in the region it is privileged to serve.

Seven Cooperative Principles

Voluntary and Open Membership | Democratic Member Control | Members’ Economic Participation

Autonomy and Independence | Education, Training and Information | Cooperation Among Cooperatives | Concern for Community

Rio Grande Electric Cooperative, Inc. is an equal opportunity provider and employer.