We are currently seeking candidates to fill the position of Accountant in the Finance Department. This position will report to the Corporate Controller.
Position Summary: Responsible for accounting for certain transactions including recording entries into the general ledger and reconciling accounts to appropriate subsidiary systems and records. Prepares data for auditors and financial statement disclosure information. Responsible for the semi-monthly payroll processing, payroll-related accounting and reporting, and ensuring that all payroll processes are compliant with organization and legal guidelines.
Works with the accounting departments of the 20 members of the electric cooperatives to ensure transactions between the cooperatives and Central are properly accounted for within Central’s records.
Works with the company’s payroll processing company to accurately create semi-monthly paychecks and file quarterly and annual payroll tax returns accurately and timely. Works with PEDC (a related organization for which Central provides payroll and HR services for a fee) to produce their semi-monthly payroll.
Essential Duties and Responsibilities:
Accounts for capital leases including reconciliation to core data and maintaining financial statement data.
Accounts for investments and related interest receivable. This includes recording of entries, reconciling to appropriate supporting records and maintaining financial statement information.
Accounting for debt and related interest payable. This includes recording of entries, reconciling to appropriate supporting records and maintaining financial statement information.
Maintains debt amortization schedules & ensures correct payments, including leases. Prepares and processes monthly debt entries. Analyzes debt and interest rates and expense. Recommends fixed rate terms on variable rate notes.
Assists with audit requests and year end consolidation of financial statements.
Performs a back- up role on accounting for capital assets and related depreciation.
Initiates payment of all payroll and benefit related expenses; insurance billings, pensions, Section 125 and other deductions.
Processes the cooperative’s semi-monthly payroll accurately and timely. Ensures the payroll tax returns and W2s are done correctly by the payroll provider.
Maintains knowledge of federal and state wage and hour laws and regulations. Assures the cooperative is compliant with all federal and state wage and hour laws and regulations.
Maintains the general ledger: posting payroll related journal entries and reconciling payroll related accounts monthly.
Reconcile company benefit invoices and related general ledger accounts.
Generate all retiree invoices monthly and post cash receipts when received.
Performs other duties as required and assigned.
Knowledge, Skills, and Abilities:
Knowledge of GAAP accounting rules
Effective oral and written communication skills
Strong analytical or problem-solving abilities
Excellent interpersonal skills
Must be proficient in Microsoft Word, Excel and able to learn and utilize payroll and time accounting programs effectively.
Education and Work Experience:
Bachelor’s degree in business with major or concentration in accounting.
Two to five years prior payroll experience preferred.
Two to five years of closing accounting books experience preferred.
Certified Payroll Professional (CPP) or Fundamental Payroll Certification (FPC) preferred.
Central Electric Power Cooperative, Inc. is an equal opportunity provider and employer.
Additional Salary Information: DOE
About Central Electric Power Cooperative Inc
Central Electric Power Cooperative, Inc. is a not-for-profit generation and transmission cooperative headquartered in Columbia, South Carolina. It was created in 1948 and is owned by its Members - the twenty distribution cooperatives of South Carolina. Central and its Member cooperatives provide power to approximately 1/3rd of South Carolina's population through the only statewide electric system.
Central and its Members have transmission and distribution lines in all forty-six counties of South Carolina. Central owns almost 800 miles of transmission lines to tie its Members into the bulk power systems of Duke Energy Carolinas and Santee Cooper. Central's Members own over 70,000 miles of distribution lines to provide power to over 800,000 meters.
Central Electric Power Cooperative is an equal opportunity provider and employer.