Director, Financial Planning and Analysis

Overview:

Cobb EMC has an exciting opportunity for a Director, Financial Planning & Analysis to manage the preparation, review, and presentation of the annual budget, financial forecasts, long-range plans, and various monthly general accounting duties. Perform the administration and maintenance of the enterprise budget software. Manage the payroll department, ensuring payroll and associated taxes are processed and paid accurately. Oversee all Treasury and Cash Management functions. Perform various analyses related to budget, forecast, taxable allocations, and proposed projects. Provide leadership to the finance team and build a team that aligns with Cobb EMCs culture and Core value.

Schedule: Monday-Friday 8am-5pm, Hybrid

• Company paid Health Insurance Premiums
• Insurance is effective your first day of employment
• Retirement Security Pension plan
• Automatic 7% Company paid contribution to 401k with additional matching
• Annual Bonus Program
• Tuition and Certification reimbursement
• Learn more HERE

To learn more about Cobb EMC visit our website at www.cobbemc.com

What you will be doing:

NOTE: The following are major responsibilities of this position. They are not intended to cover each aspect of the position as the scope and duties may change or be temporarily altered based on the current business needs of the Corporation. The basic requirement of every position is to perform all tasks as assigned by the reporting authority.

• Review cost allocations monthly and adjust as needed.
• Maintain Cobb EMC chart of accounts, accounting unit structure, update as necessary.
• Review Gas South Shared Services intercompany billings.

• Compilation of work papers to facilitate annual external audit field work for both the Cobb EMC and the Gas South Shared Services Cost allocation audit.
• Review of external filings to safeguard Cobb against errors, omissions, and conflicts of interest.
• Provide support and details to auditors to substantiate the annual cost allocation certification.

• Lead Cobb EMC annual financial and capital budgeting processes, including:
  • Preparation of annual budget assumptions and calendar.
  • Training new users on budgeting system, prepare training documentation as needed.
  • Providing assistance and insight to budget preparers to facilitate completion of budgets.
  • Review and understanding of each departments budget, conduct review meetings.
  • Perform and review allocations.
  • Review of variance analyses and business cases
  • Preparation and review of presentations
  • Presenting and answering questions at executive and Board of Directors meetings
• Lead Cobb EMC monthly reforecasting, including headcount and capital forecasts.
• Lead long-range planning process.
• Develop and monitor appropriate key performance indicators (KPI) such as Forecast to Actual analysis.

• Provide collaborative support to build the annual budget workforce metadata file load.
• Facilitate, coordinate and administer complex hierarchy dimensions to functionally support multiple structures views and reports.
• Design, develop and modify enterprise system structured views.
• Oversee the reconciliation of Lawson Smart Office system with Enterprise Budget system monthly and quarterly.
• Oversee the transfer of budget data between Planful and Lawson
• Monitor effectiveness of Enterprise Budget system open link jobs and ensure timely GL dimension additions to Enterprise Budget system.
• Serve as the subject matter expert on the budget system database.
• Identify business needs, gaps, inefficiencies, and risk exposure to make recommendations that drive continuous improvement.

Payroll Department

• Manage all aspects of payroll processing, including bi-weekly payroll processes, payroll deductions, annual leave, (PTO), deductions and levies, pay increases and bonuses.
• Review payroll registers and reports to ensure accurate and timely processing of bi-weekly payroll.
• Review bi-weekly and monthly payables requests for payment of payroll and payroll taxes.
• Supervise the annual W-2 and 1095-C processes.
• Calculate and maintain P3 forecasts, facilitate production of P3 letters.
• Review bi-weekly journal entries related to payroll processed generated through system interfaces and manual processes.
• Respond to inquiries from government agencies and employees regarding payroll issues.
• Research and report to management on changes to federal and state payroll tax laws, ensure changes are reflected properly in payroll system
• Supervise processing of employee expense reports.
• Supervise processes related to employee participation in Cobb EMCs GEMC Credit Union.

Treasury

• Management of company-wide p-card program ensuring compliance to approved policies and limits.
• Review and release wire transactions.
• Review daily reporting, including LOC activity and daily funding requirements.
• Maintain long-term debt schedules, reconcile to bank amortization schedules.
• Review long-term debt invoices, ensure proper payment.
• Prepare and submit quarterly banking covenant calculations.
• Prepare monthly Line of Credit (LOC) forecast.
• Review LOC invoices, ensure proper payment.
• Administer the Bank of America CashPro system, CFC and CoBank website access.
• Monitor and maintain reports for the George R. Ford Scholarship Fund
  • Prepare scholarship checks annually for distribution.
  • Collect bank statements monthly.
  • Monitor investment CD for maturity date and investment rates for rollover or reinvestment.

Supervision

• Manage all aspects of employment for subordinate staff, including hiring, promotion, training, and termination.
• Appropriately document actions in employment issues.
• Coach and direct learning through direct involvement and reinforcement.
• Analyze and manage daily workload and schedules.
• Monitor performance and conduct performance planning and review sessions.
• Ensure fair and consistent treatment of departmental employees.
• Actively support the efforts and intent of Equal Employment Opportunity.

Minimum Qualifications:

Bachelors Degree in Business Administration, Accounting or Finance.

Minimum of eight years experience in accounting or finance OR five years utility accounting including budgeting, forecasting, financial analysis, financial statement preparation.

Minimum of two years of budget software administration.

Working knowledge of accounting software systems.

Demonstrated experience in administering a dimension-based budget system and metadata management with multiple hierarchies and data cubes.

Demonstrated experience with new system implementation and/or system upgrades involving collaborative project team deliverable accomplishments.

SKILLS:

Demonstrated excellent leadership and management skills.

High degree of initiative and ability to work independently and collaboratively.

Proficient computer skills in enterprise budget software data management administration, heavy Excel, PowerPoint and other MS Office products

Excellent analytical skills, ability to study financial data and present recommendations and solutions.

Attention to Detail and ability to administer detailed metadata across various accounting & budget systems.

Excellent oral and written communication skills

Effective presentation and interpersonal skills

Excellent organization and planning skills

PREFERRED:

Previous utility industry experience in accounting, and finance.

Previous utility industry experience budgeting software administration

Working knowledge of FERC Uniform System of Accounts and FERC Reporting

Experience with Infor/Lawson systems.

Experience with budget software such as Planful.

CORE Competencies:

Customer Focus

Personally demonstrates that external (or internal) customers are a high priority. Identifies customer needs and expectations and responds to them in a timely and effective manner. Anticipates and prevents delays or other things that can adversely affect the customer. Keeps customers informed about the status of pending actions and inquires about customer satisfaction with products or services.

Communication

Communicates effectively and appropriately. Uses good judgment as to what to communicate to whom as well as the best way to get that accomplished. Speaks in a clear and credible manner, selecting the right tone for the situation and audience. Listens to others and allows them to make their point.

Teamwork

Is an effective team player who adds complementary skills and contributes valuable ideas, opinions and feedback. Communicates in an open and candid manner and can be counted upon to fulfill any commitments made to others on the team.

Innovative Thinking

Looks out for new and innovative approaches that will improve efficiency. Embraces and champions new ideas and encourages others to do likewise. Recognizes and rewards people and teams who are creative and innovative.

Safety Focus

Perform all work in a safe manner, encouraging others to do the same, reporting unsafe situations. Hold safety as an essential organizational value and promote an enterprise-wide, safety-first culture at CobbEMC.

EOE/AA F/M/Vets/Disabled/Reasonable Accommodation Employer Drug-free Workplace