Director, Finance & Accounting

Company Description

Jasper County Rural Electric Membership Corporation (REMC) is a not-for-profit electric distribution cooperative headquartered in Rensselaer, Indiana. We proudly serve more than 8,500 consumers and 9,600 meters across 1,227 miles of line throughout Jasper County and parts of White, Starke, Pulaski, Porter, and Newton counties in northwest Indiana.

As a member-owned cooperative, Jasper County REMC is governed by a board of directors elected by—and from—the membership we serve. Our mission is simple and meaningful: to provide safe, reliable electric service while meeting the collective energy needs of our members. We are committed to service excellence, member satisfaction, and being a responsible, engaged partner in the communities we serve.

Jasper County itself is a true hidden gem. Known for its natural beauty, welcoming small towns, and strong sense of community, the area offers an exceptional quality of life. Outdoor enthusiasts enjoy easy access to the Kankakee and Iroquois Rivers, the Jasper-Pulaski State Wildlife Area, and Prairie Border Nature Preserve—perfect for fishing, hunting, hiking, camping, and birdwatching. Residents also enjoy local shops, restaurants, breweries, wineries, and art-infused small-town charm.

The county combines the best of both worlds: peaceful rural living with convenient proximity to larger cities like Chicago and Lafayette, offering access to cultural attractions, professional sports, museums, and universities. Jasper County also features a strong network of healthcare providers, quality park systems, and family-friendly amenities, making it an excellent place to live, work, and grow.

At Jasper County REMC, we’re proud of the role we play in powering homes, businesses, and communities—and of the people who make our cooperative strong.

Job Description

POSITION PURPOSE

The Director of Finance & Accounting oversees the operation of the Accounting and Finance functions. This position is responsible for the preparation and the maintenance of the financial records of the cooperative in accordance with Generally Accepted Accounting Principles (GAAP) and Rural Utilities Service (RUS) Uniform System of Accounts. This position will lead and oversee all aspects of the cooperative’s financial activities for both the electric and broadband segments; including accounting, budgeting, forecasting, cash management, investments, risk management and auditing functions.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

Leadership:

• Actively engages as a member of the management team to address current issues, including team and culture building.
• Attends courses and meetings that will grow leadership, industry and functional skills.
• Attends board meetings and reports monthly financial activities with a focus on adherence/exceptions to budget; emerging issues.

Administration:

• Prepares informative, useful management and statistical reports.
• Maintains appropriate insurance coverage.
• Administers and maintains contracts applicable to the department that support internal practices.

Accounting & Finance

• Ensures that a complete and systematic set of records of business transactions is maintained.
• Completes month-end closing procedures and prepares monthly financial reports as needed. Ensures accuracy of monthly financial reports prepared by the Staff Accountant.
• Prepares as needed and ensures that monthly, quarterly, and year-end reports are filed accurately and timely with the proper agencies.
• Prepares as needed and ensures that all tax reports are filed accurately and timely.
• Oversees all broadband and grant accounting.
• Prepares and ensures the property tax returns are filed timely with fiber exemptions filed.
• Develops and facilitates an effective budgeting process on an annual basis by consolidating all departmental operating and capital budgets.
• Develops 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.
• Maintains loan fund records and prepare loan fund requisitions.
• Plans, designs, evaluates, implements, and maintains accounting systems, and accounting procedures.
• Partners with the GM/CEO to develop and assist in facilitating an annual business/work plan process.
• Works with GM/CEO and the Board of Directors to develop and facilitate a Strategic Planning process, on a 3–5-year cycle.
• Supports the strategic and operating goals of the Electric and Broadband segments; to include business case development and budget forecasting.

Auditors: