Staff Accountant

Job Description

NRECA is a unique national trade association providing advocacy, financial services and business support services to over 900 consumer owned electric cooperatives across the country.  NRECA employees are united by our mission, inclusive culture, collaborative workplace and commitment to service excellence.  As a “best place to work” employer, we operate with integrity, transparency and a spirit of innovation.

Summary of Position

NRECA’s Finance department manages the accounting, financial planning/budgeting, and procurement operations across a broad range of entities and businesses that support NRECA and its affiliated organizations, trusts, and other entities. We are a team of dynamic individuals collaborating across NRECA to implement best practices and provide innovative business solutions. We enable the good stewardship of member funds across NRECA by diligently embracing our core values of transparency and fiscal responsibility.

The ideal candidate prepares monthly journal entries, financial statements, and analytical reports with accuracy and attention to detail. They monitor and analyze monthly financial performance to identify areas for improvement and recommend corrective actions when needed. They ensure that revenue recognition practices are accurate and in compliance with relevant standards. Additionally, they maintain and update the Workday accounting system to reflect current financial data. Lastly, they provide management with clear and relevant project reports to support informed decision-making.

Key Responsibilities

• Prepares monthly journal entries and account reconciliations. Supports monthly financial reporting, including preparing comparative and activity reports for management.

• Reviews general ledger accounts to ensure proper classification and recording of all financial transactions in accordance with generally accepted accounting principles and takes any necessary corrective action.

• Works with Financial Planning & Analysis (FP&A) team to analyze monthly financial results in comparison to established budget.

• Develops knowledge of department operations and business, which include but are not limited to, obtaining an understanding of key business processes, goals, strategies, and challenges/threats.

• Seeks ways to improve monthly financial reporting process to ensure management receives timely and relevant financial information.

• Maintains knowledge base regarding GAAP  and Workday functionality, and takes continuing education courses focused on accounting, business advisory and IT skills.

Required Education, Qualifications and Skills

• Bachelor’s degree in Accounting or a related discipline

• Minimum of 3 years of progressive experience in accounting or finance

• Proficient in using automated general ledger systems

• Solid understanding of Generally Accepted Accounting Principles (GAAP) and their practical application

• Ability to be persuasive, negotiate, and collaborate with individuals at all levels of the organization

• Skilled at time management, multitasking, working under pressure, and prioritizing initiatives effectively

• Capable of analyzing issues, interpreting data, and applying insights to work-related decisions

• Demonstrated aptitude for identifying process improvement opportunities and proposing actionable solutions

Preferred Education, Qualifications and Skills

• Certified Public Accountant (CPA) designation strongly preferred

• Professional background in a public accounting firm with demonstrated success in client service

• Hands-on experience with Workday software, with a focus on financial modules and process optimization

Qualifications

Essential Physical Requirements:
• The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal and extensive reading.
• Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects. If the use of arm and/or leg controls requires exertion of forces greater than that for sedentary work and the worker sits most of the time, the job is rated for light work.

Disclaimer Statement: The preceding job description has been written to reflect management’s assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned.

Additional Requirement:

The preceding job description has been written