Manager of Treasury and Accounting Servies

Job Title: Manager of Treasury and Accounting Services

Location: Amarillo, TX; in-office

Employment Type: Full Time; exempt

Golden Spread Electric Cooperative, Inc. generates electricity for the purpose of delivering cost-effective and reliable power to our 16 Member Distribution Cooperatives. As a cooperative, we are not-for-profit and provide services exclusively for our Members. Our team values integrity, respect, cooperation, and service.

We are seeking an experienced and skilled Manager of Treasury and Accounting Services to join our team. This role is ideal for a detailed and collaborative professional with supervisory experience. This position oversees cash management, banking relationships, fixed asset accounting, A/P, and billing support. We are looking for an individual who can provide strategic guidance to leadership and foster strong team culture.

• Lead the accounting function by managing accounting staff, supporting the Controller, and other Finance, Accounting, Billing, and Risk leaders.
• Maintain sufficient detail to support the billing of special transmission facility costs to certain Member Cooperatives (SFA Billing).
• Oversee the accounting for certain fixed asset accounting including CWIP, AFUDC accruals, depreciation accruals, and retirement accounting.
• Maintain relationships with banks and lenders including negotiating lines of credit.
• Monitor cash requirements, maintain sufficient bank balances, initiate treasury-related transactions including market settlements (daily/weekly), purchased power (monthly), and fuel (monthly), and investments in Commercial Paper, CDs, and Select Notes.
• Supervise the preparation of regulatory reports including the FERC Form 1 and Form 3Q.
• Provide support as needed for the annual audit of the financial statements and tax return.
• Provide support and information for regulatory/filing reporting including Rate filing support.
• Manage Accounts Payable & expense reporting functions.
• Provide and collaborate with Billing Manager on Accounts Receivable.
• Provide leadership and recommendations to manager regarding area of accountability issues and needs, prioritization of organizational resources, rates, issues, and interactions.
• Be an organizational leader to ensure team is motivated and communicated to achieve organizational-wide goals.
• Manage and lead the Treasury and Accounting Services team to ensure staff is developed and successfully performing the function and positively impacting the GSEC culture.
• Responsible for communicating and advocating for Treasury and Accounting Services issues and needs to manager including removing obstacles and barriers to meet the team’s needs.
• Provides support and expertise in all new technologies and external environmental advances in Treasury and Accounting Services to your manager.
• Provide management and recommendations to manager regarding area of accountability issues and needs, prioritization of organizational resources, and interactions.
• Accountable for compliance with the Golden Spread Safety Policy including all Safety Procedures and third party and Member contractual obligations.
• Other duties as assigned.

Education, Knowledge, and Experience Required

• Bachelor’s degree in accounting required.
• Master’s degree and/or Certified Public Accountant (CPA certification preferred. Certificate of Managerial Accounting may substitute for CPA.
• Minimum 5 years’ experience required.
• Experience must be progressive and include 3-5 years of experience managing people.
• Working knowledge of General Accepted Accounting Principles.
• Working knowledge of debt covenants and credit analysis.
• Experience in Cash Management.

Traditional

Schedule:

M-F, 8am-5pm; or

Flex

Schedule:

M-TH, 7:30am-5:30pm, F, 7:30am-11:30am

• Comprehensive medical, dental, and vision coverage.
• 401k with employer match and retirement pension.
• Wellness program.
• Employee assistance resources.

…and much more!

Our culture is built on collaboration, connections, and a strong commitment to service. We take pride in supporting our Members and their rural communities. We want every employee to understand the meaningful impact of their work for our Members. We invest in our team through ongoing learning, training, and professional growth. We value work-life balance and support strong family values.