Job Title

POSITION SUMMARYThe Sr. Revenue Accountant analyzes RTO transactions to ensure proper accounting treatment and inclusion in cost recovery mechanisms, interprets tariffs and industrial contracts, develops complex billing calculations for implementation into the power billing system, ensures accurate and timely monthly power billing to member systems, and prepares monthly fuel adjustment clause calculations and regulatory filings. This position requires strong technical accounting skills, the ability to interpret complex data, explain account variances, and complete financial reports related to revenue and RTO transactions in compliance with the requirements of generally accepted accounting principles (GAAP) and various regulatory agencies including Rural Utilities Services (RUS), Kentucky Public Service Commission (KPSC), Federal Energy Regulatory Commission (FERC), Internal Revenue Service (IRS), Kentucky Department of Revenue, as well as the policies established by East Kentucky Power Cooperative. REPORTING RELATIONSHIPSReports to: Supervisor, Accounting GeneralSupervises: NoneDirects: None DUTIES AND RESPONSIBILITIESRevenueAnalyzes RTO transactions, reviews settlements and related reports completed by ACES, and tracks disputes.Works closely with various departments and groups to resolve and research issues to ensure RTO purchases and sales are properly reconciled and recorded at month-end.Analyzes and validates all other power and transmission revenues and related costs.Validates RTO, power, and transmission vendor invoices for payment.Analyzes and interprets wholesale contracts and tariffs, identifies required billing system updates, and develops complex billing calculations as needed.Ensures the monthly wholesale power billing is prepared accurately and timely.Prepares and analyzes transmission billing to entities, as contracts require.Analyzes data and prepares month-end sales, purchased power, and transmission journal entries.Prepares internal and external financial reports; explains relevant accounting transactions; resolves accounting issues and discrepancies.Prepares regulatory filings and reports (e.g.FERC, RUS, and KPSC Fuel Adjustment Clause).Prepares annual budget for transmission and wheeling.Actively participates in and supports special projects throughout the year.Recommends and implements improvements in efficiency and effectiveness.Mentors and trains team members.Performs other duties as assigned.GeneralAnalyzes complex financial data and extracts and defines relevant information.Exercises accounting control over a group of accounts within a given specialized area.Records, classifies, and summarizes financial transactions and events in accordance with RUS and GAAP.Initiates and processes journal entries into various accounts.Reconciles sub-ledgers to the general ledger and resolves differences.Performs other duties as assigned.RELATIONSHIPSInternal Relationships:Provides data and information to staff at all levels of the organization.Works with other teams to ensure RTO related activities are accounted for properly.Collaborates with other teams to implement new contracts and tariffs.Works with IT to resolve system issues and directly participates in system upgrades.External Relationships:Provides and receives billing information to/from outside parties that are billed for power.Provides requested information to external auditors.Distributes monthly billing to all member systems and acts as primary point of contact for all questions from members regarding billing.JOB SPECIFICATIONSEducation:Bachelor's degree in a related area required.Advanced degrees and/or certifications, including CPA, preferred.Experience:Seven (7) years of related experience.Skills and Abilities:Strong analytical, interpretative, and math skills.Knowledge of RTO transactions and billing codes, PJM preferred.Knowledge of MV-PBS billing system or similar power billing system.Knowledge of KPSC regulations.Knowledge of tariffs.Knowledge of Excel and PeopleSoft applications.Knowledge of electric utility accounting, RUS preferred.Excellent verbal, written ,and listening communication skills.Excellent interpersonal skill sand the ability to work with a variety of personnel at all levels of the organization including external contacts.Provides thorough and timely communication to leadership and team.Excellent organization skills and attention to detail.Ability to work independently and exercise discretion, integrity, objectivity, confidentiality, and sound judgment.Ability to effectively prioritize work, manage time, and adhere to deadlines.Proactive and ability to adapt in changing conditions.Key Competencies:Technical/Professional Knowledge & SkillsContributing to Team SuccessQuality OrientationDecision MakingCustomer FocusInitiating ActionWorking Conditions:Primarily an inside position with usual office conditions with regular lifting up to twenty (20) pounds and occasional climbing of step ladders.May require working outside normal hours.Must wear personal protective equipment as appropriate.Must maintain valid driver's license.