Accountant

Posted 3 Days Ago
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Indianapolis, IN, USA
Hybrid
Junior
Energy • Utilities • Solar • Renewable Energy
The Role
Performs general ledger accounting, reconciliations, journal entries, month-end close, financial reporting, budgeting support, and analysis of utility transactions. Supports regulatory compliance, audits, tax filings, internal controls, and reporting for lenders and regulators. Coordinates with operational departments, maintains accounting documentation, assists with system implementations, and identifies process improvements. The role requires accurate financial analysis and collaboration across the electric cooperative.
Summary Generated by Built In
Company Description

About Us
Headquartered in Indianapolis, Indiana, Wabash Valley Power is a not-for-profit electric cooperative and wholesale provider of reliable, affordable electricity to our 21 electric distribution member cooperatives. These cooperatives in turn serve more than 280,000 homes, businesses, and farms in Indiana and Illinois.

As a not-for-profit co-op, we do things a bit differently—and that’s the point. Because we aren’t influenced by shareholders, we make our decisions with our members in mind. That means we value things like teamwork, and putting families first. It also means a business model that’s designed for stability and growth. It’s a Deliberately Different approach to the energy industry, and that’s great news for the people who count on us.

What You'll Get
We believe what benefits our employees benefits our company. That’s why we put employees first—your health, your family, and your development. These aren’t just slogans: We offer continuing education, flex time, health benefits, a 401(k) match and pension plan, and much more. Here are just a few of the things that make our company culture unique:

•  No Sweat  - We offer a wellness program that includes a payroll credit for medical insurance, an on-site fitness center for your convenience and extra vacation days for participating. We’ll even throw in a fitness device reimbursement to keep you on track!
•  Flex Time  - Our flexible schedule means you can work in your appointments or family events and maintain a comfortable work-life balance.
•  Stay in School  - We value employees who have a desire to learn, so we provide funds for continuing education. We also offer in-house training and ongoing development through our internal GROW program.
•  Keep it Casual  - When you work for us, you work in comfort.  Blue jeans are the norm in our office and we make them look good!
•  Work Hard, Play Hard  - We reward our employees with generous vacation time, to the tune of up to five weeks off a year. Even our new employees receive credit for prior work experience.

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.

Qualifications

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.

Additional Information

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.

All your information will be kept confidential according to EEO guidelines.

Skills Required

  • Bachelor’s degree in accounting, finance, or a closely related field
  • Two or more years of professional accounting experience, or equivalent education and 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, identify discrepancies, and communicate findings clearly
  • Strong organizational skills and ability to manage deadlines with accuracy and sound judgment
  • 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, FERC Uniform System of Accounts, Rural Utilities Service requirements, or cooperative financial reporting
  • CPA designation, CPA eligibility, or progress toward a relevant professional certification
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The Company
HQ: Indianapolis, IN
176 Employees
Year Founded: 1963

What We Do

Wabash Valley Power Alliance (WVPA) is a not-for-profit generation and transmission cooperative that provides wholesale power to distribution cooperatives in Indiana, Illinois, and Missouri, serving hundreds of thousands of homes and businesses.

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