East Kentucky Power Cooperative, Inc. has an immediate opening for a Fixed Asset and Capital Project Accountant at our Winchester, Kentucky headquarters. This position is responsible for maintaining the Company’s fixed asset and project costing subsidiary records and preparing the annual property tax return. This role requires strong technical accounting skills, the ability to analyze complex financial data, explain account variances, and ensure the proper, accurate, and timely completion of various financial reports in accordance with generally accepted accounting principles (GAAP), the requirements of various regulatory agencies (RUS, FERC, Kentucky Public Service Commission), and the policies East Kentucky Power Cooperative.
Maintains the PeopleSoft Project Costing and Asset Management modules.
Ensures compliance with the RUS Uniform System of Accounts, company policy, and internal controls related to the cost accounting process.
Reviews proposed projects, assigns project identification numbers based upon project type, and maintains all related activity in PeopleSoft Project Costing.
Maintains all detailed fixed asset records including, but not limited to, additions, depreciation, retirements, transfers, and adjustments.
Analyzes, prepares, and processes accounting entries for all asset transactions, including depreciation.
Reconciles the fixed asset module and capital project balances to the General Ledger.
Prepares the annual property tax return and validates county tax assessments.
Prepares all internal and external reports related to fixed assets and projects.
Provides analysis, supporting schedules, or documentation as needed for the annual independent audit and regulatory compliance audits.
Cross-trains in other areas within the department.
Performs other duties as assigned.
Education and Certifications / Licenses:
Bachelor’s degree in Accounting or related area required. Accounting degree preferred, but if in related area, a minimum of 18 hours of college level accounting is required.
Five (5) years of related experience. An equivalent combination of education and experience may substitute.
Skills and Abilities:
Knowledge of FERC and RUS accounting requirements preferred.
Knowledge of Excel and PeopleSoft applications.
Strong written and oral communication skills.
Must use discretion when dealing with sensitive accounting documents.
Technical/Professional Knowledge & Skills
Contributing to Team Success
Conditions of Employment
Primarily an inside position with usual office conditions with regular lifting up to twenty (20) pounds and occasional climbing of stepladders.
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EKPC is a not-for-profit electric utility with headquarters in Winchester, Ky. EKPC generates and transmits wholesale energy to 16 owner-member cooperatives. The owner-member cooperatives distribute that energy to more than 1 million Kentucky citizens across 87 counties. Together, EKPC and the owner-member cooperatives are known as Kentucky’s Touchstone Energy Cooperatives.
EKPC provides power to the owner-member cooperatives through generating plants operating around-the-clock, units used only on the hottest and coldest days, hydro electric dams, renewable energy plants and thousands of miles of transmission lines. EKPC generates more green power than any other utility in Kentucky.
Each of the 16 not-for-profit owner-member cooperatives that EKPC serves is owned and governed by the people who use their energy and services.