Controller, Finance & Banking, Accounting Manager

Join to apply for the Controller role at Flathead Electric Cooperative, Inc.

All offers of employment are conditioned on pre-employment drug screening and background check and are subject to a one-year probationary period of employment.

The Controller at FEC manages the general ledger, trial balance, and financial statements, ensuring timely month-end closings and accurate reporting. Responsibilities include preparing and validating Form 7, overseeing bank reconciliations and deposit management, and conducting detailed review of payroll, accounts payable, and work order processes. The Controller also coordinates annual audits, maintains compliance with tax regulations (990 and 990T), and administers the organization’s debt portfolio and investments.

This role supervises accounting staff, supports budget preparation with the CFO, and ensures effective internal controls and adherence to accounting principles. The Controller leads departmental training on financial systems, represents FEC at meetings, and acts as backup for key accounting functions, supporting the overall financial integrity and operational efficiency of the organization.

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. Upon request, reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

• Accurately administer, reconcile, and maintain the general ledger, trial balance, and financial statements for FEC. Coordinate timing of month-end closing and posting deadlines of various modules in order to produce financial statements in a timely manner. On a monthly basis provide a detailed review of the trial balance.
• Maintain and update all folders and files associated with the monthly preparation of the Form
  7. Prepare and validate the Form 7 for managers’ approval. Present monthly financial reporting at board meetings in manager’s absence and/or provide special project presentations as requested.
• Responsible for the preparation and submission of the CFC and or the RUS Form 7 on an annual basis.
• Monitor the CIS to GL balancing report and follow up with Billing & Collections Supervisor as necessary.
• Oversee the accuracy of the Deposit Management system and reconciliation of all checking and savings accounts on a monthly basis. Provide a detailed monthly review of all bank account reconciliations.
• Prepare and process invoices as needed. Verify with other FEC personnel, where applicable, to ensure that all invoices are valid and accurate.
• Perform the primary review of the bi-weekly payroll for completeness and accuracy. Oversee the transmittal of funding payroll, payroll taxes, and deferred compensation. Ensure that group benefits are paid timely and accurately.
• Perform the primary review of weekly Accounts Payable processes, including checks and ACH payments.
• Oversee the accounting processes related to the Work Order and Asset Management systems, including, but not limited to:
  • Continuing Property Records.
  • Monthly work order closing.
• Oversee the issuance of the Departmental Budget to Actual reports on a monthly basis.
• As part of the annual audit, provide direct contact with outside auditors including coordination and preparation of any requested audit schedules and work papers. Assist with the preparation of the IRS 990 by providing information to outside auditors.
• Oversee the accounting and record keeping process for Roundup for Safety.
• Provide the primary review of checking disbursements for safety related community projects.
• Serve as the primary contact for the Roundup for Safety annual agreed upon procedures or audit and 990 preparation. Keep Roundup for Safety bank signatories up to date, and coordinate updating bank and NISC of new signers as necessary.
• Supervise and/or oversee the Payroll Administrator, Accountant II, and Accounting Administrator functions to ensure their optimum performance, serving as their back up when necessary.
• Assist Chief Financial Officer (CFO) with the preparation of the annual budget. Coordinate with department managers in…