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Manager of Finance and Accounting
Hendricks Power Cooperative
Application
Details
Posted: 23-May-25
Location: Avon, Indiana
Type: Full Time
Preferred Education:
4 Year Degree
Hendricks Power Cooperative is now accepting applications for an experienced Manager of Finance & Accounting to lead and oversee all accounting, financial reporting, budgeting, forecasting and internal control functions of the Cooperative. Hendricks Power is a rural electric cooperative in Avon, Indiana that focuses on distributing electric service to members in four counties.
The Manager of Finance & Accounting ensures financial operations align with strategic goals and comply with applicable principles, standards and policies. Major responsibilities include: support and supervision to the accounting/ finance department; oversee accounts payable/ receivable, miscellaneous receivable, bank reconciliation, general ledger and cash flow management; analyze and present financial reports to management and the board of directors; manage short-and long-term borrowing and investing activities; monitor financial trends and recommend data-driven strategic solutions; interpret performance drivers and deliver financial insights using forecasting models, rate analysis and revenue requirements; oversee annual operating and capital budget development; and implement best practices and process improvement initiatives. This person will help with various preparations including financial statements and tax returns
Preferred candidates will possess the qualifications listed below.
MINIMUM QUALIFICATIONS:
Education & Experience
Bachelor’s degree in Finance, Accounting, or related field
5+ years of progressive experience in accounting, financial management or related role, with at least 2 years in leadership
Strong understanding of GAAP and financial reporting standards
CPA or CMA designation preferred
Familiarity with electric utility accounting, rate structures and reporting preferred
Personal & Position Qualifications
Proven leadership skills with strong English verbal and written communication abilities
Analytical and strategic thinking capabilities
High attention to detail and commitment to accuracy
Ability to collaborate effectively across departments and present to executive team and board of directors
Comfortable working inside a deadline-driven office environment with the physical ability to sit for extended periods
Advanced math skills and the ability to perform complex financial calculations
Strong organization skills and ability to manage multiple tasks and priorities simultaneously
Demonstrated ability to handle confidential information with discretion and integrity
This is an exciting opportunity for a hands-on leader who thrives in a collaborative environment and brings a high level of accounting expertise. We are committed to maintaining a respectful, accountable and team-oriented culture, and we’re looking for someone who will contribute and make a positive impact on both the team and Cooperative.
Interested and potentially qualified applicants apply at:
As an electric cooperative, Hendricks Power is part of the nation's largest energy network which includes 1,000 electric cooperatives, public power districts, power supply generation and transmission cooperatives, statewide associations, regional trade and service associations, supply and manufacturing cooperatives, data processing cooperatives and employee credit unions. Electric cooperatives alone serve 32 million customers in 46 states, and cover more land mass than any of the nation's single electric utilities.
Hendricks Power Cooperative celebrated its 65th anniversary in 2001. Formed in 1936, following the creation of Franklin D. Roosevelt's Rural Electrification Administration (REA), Hendricks Power Cooperative started with a small meeting of 12 people, farmers and rural residents, unable to convince the local utility, which was owned by investors, to build lines to serve them. They claimed it simply wasn't profitable to provide service to such sparsely-populated areas.
The formal construction of these rural electric lines began the summer of 1937. On January 1, 1938, the first 122 miles of line was energized. Approximately 400 members received power to their homes a...nd farms for the first time. The name Hendricks County Rural Electric Membership Corporation (REMC) was adopted, as the cooperative slowly grew.
Today, Hendricks Power Cooperative serves over 35,000 members in Hendricks, Putnam, Morgan and Montgomery counties.