Position Summary Description

To assist in the administration of the Cooperative's cash management transactions and related functions.

Essential Functions

Calculates the current day cash position and compilation of the daily cash management report.
Analyzes budgeted cash flows for determination of financial requirements.
Participates in daily borrowing and investment activity within guidelines.
Processes daily cash receipts prepared by Accounting.
Works with Accounts Payable to generate bi-weekly check runs.
Executes and confirms cash transactions with banks and vendors.
Serve as a primary liaison with external banking relationships
Operates the Bank of America CashPro system.
Prepares daily cash forecast and assists with preparation of the annual cash budget.
Analyzes general ledger and other information to determine cash flow variances.
Prepares journal entry documentation and coordinate monthly closing activities with Accounting.
Develops, processes, and distributes cash management report.
Participates in resolving cash management issues.
Prepares monthly investment reports.
Prepares requisitions for advancement of funds from Cooperative's various established loans.
Maintains and updates documentation and records related to the RUS account.
Controls and archives records.
Reviews and processes quarterly Line of Credit invoices for payment.
Supports ad hoc projects.
Evaluates, develops, and implements process improvement initiatives in order to optimize cash management
Develops procedures and practices applicable to Cash Management.
Provides support to the Director of Treasury and Planning.
Prepares audit documentation for Internal and External Audit.
Reviews monthly bank fee analysis charges.
Coordinates and resolves issues with banks.
Participates in identification and adoption of cash management best practices.
Performs other duties as applicable to the position or as assigned.
NERC Compliance: Performs NERC Compliance Program roles if/as designated in Seminole’s Standard Ownership Matrix (SOM) including ongoing evidence retention in “audit-ready” form. You should also be familiar with Seminole’s Enterprise Internal Compliance Program (ENT-GCD-RGC-EP-054) to further your understanding of Seminole’s compliance program and the context of your duties and responsibilities attendant to your designation in the SOM.

Qualifications and Education Requirements

Bachelor's degree in Accounting, Finance, or equivalent required. Three (3) to five (5) years of experience in cash management, financial planning, or related field desired. Electrical utility or related industries experience preferred.

Core Competencies: Adaptable, Collaborative, Conscientious, Critical-Thinking, Outcome-Driven and Professional

Technical Competencies/Skills:

Cash flow analysis
Forecasting
Financial analysis
Financial concepts and terminology
Intermediate to advanced MS Excel skills
Proficiency with Microsoft Office applications

Soft Competencies/Skills:

Effective verbal/nonverbal, listening and written communications
Deadline oriented
Strategic planning
Analytical thinking
Problem solving
Time management
Attention to detail
Flexibility
Learning Ability

Physical Requirements

Must be able to follow established protective measures including wearing required personal protective equipment (PPE). Must possess a valid driver’s license and acceptable Motor Vehicle Report.

Working Conditions

Limited travel and work outside of normal business hours. While working in certain areas of the plant there is the potential for exposure to hazards typical of an industrial working environment.

“Disclaimer - Management may modify this job description at any time and may require the performance of additional duties, or modification of physical requirements, with or without advance notice.”

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