The National Rural Electric Cooperative Association (NRECA), with offices in Arlington, VA and Lincoln, NE is the trade association for over 900 consumer-owned electric cooperatives serving more than 42 million people. NRECA is committed to harnessing the strength of America's electric cooperatives into a single powerful voice. NRECA has won the following awards over the past few years:
* Top Workplace by the Washington Post * 100 Best Places to Work - ComputerWorld Magazine * 50 Best Places to Work - The Washingtonian * CARE Award Recipient - Recognizing organizations that promote a positive work-life balance * Best Place to Work Award Recipient - Lincoln, NE * Gold Well Workplace - Wellness Councils of America * State of NE Governor's Wellness Award - Grower Level
At NRECA, we work with people who are leaders in their fields. They are down-to-earth, hardworking professionals committed to helping our members serve their communities. Our work is interesting, constantly evolving, and requires new skills to meet the evolving needs of a dynamic industry. In this collegial, inclusive work environment, united around the compelling purpose and history of electric cooperatives, we thrive. And topping it off, NRECA cares about each person's overall well-being, encouraging health, financial security, and a sustainable work/life balance. EEO/AA- M/F/Disability/Protected Veteran Status/Genetic Data
Summary IT Controller P.5
As a member of the IT senior management team this position serves as the finance business partner to the Chief Information Technology Officer (CIO) and IT directors and managers. The IT Controller provides advice, support and value-added financial analysis to IT with regard to NRECA's IT capital and operating budgets. Responsibilities include collaborating with the CIO and his team in planning, developing and monitoring the IT operating and capital budgets. Develops pricing models for IT capital investments that analyze the impact of different strategic initiatives and options. Prepares monthly financial and analytical reports at the department, cost center and project level and provides the CIO and his team with analytics related to operational performance against plan and provides advice to improve financial results. Uses financial analysis concepts, methodologies and systems to identify positive and negative trends and predict outcomes. Also provides expert advice regarding generally accepted accounting principles and ensures IT costs are properly recorded. Consults with IT directors and managers to forecast IT operating and capital costs to help ensure budget targets are met.
Purpose and Mission
* Creates Return on Investment (ROI) methodology, standards and models. Consults with and advises IT, I&FS and other department directors and managers regarding the ROI on proposed IT projects and initiatives.
* Provides finance and accounting advice and direction to IT management.
* Designs and delivers monthly analytical reports that will provide the CIO and the IT management team with the financial information they need to manage and monitor financial performance at the department, cost center, and project level.
* Represents Finance & IT on the IT Prioritization Committee and Enterprise Risk Management Initiatives to cost projects and advise committees as to financial choices (NPV, ROI, Buy versus Build) as well as monitor, report and forecast current spend.
* Reviews and analyzes monthly financial performance, investigates and consults with IT managers regarding any unusual or unfavorable variances, and recommends corrective action when necessary.
* Consults with IT directors and managers to assist in forecasting IT operating and capital costs periodically throughout the year to help ensure budget targets are met. Meets with the CIO to discuss and review financial results on a regular basis.
* Advises and assists IT managers with developing their operating and capital budgets as well as current year forecasts.
* Represents IT with Strategic Sourcing & Procurement on all major IT engagements to maximize benefits related to resource capacity planning, demand management planning, and cost savings/cost optimization.
* Develops capital project pricing models and assists IT managers with pricing capital projects.
* Analyzes and forecasts IT capital expenditures in consultation with the CIO and IT directors and managers and recommends actions to be taken to ensure capital expenditures do not exceed authorized budget.
* Using financial modeling techniques, conducts feasibility studies and financial projections on new initiatives and assesses their effect on applicable department budgets and operations.
* Serves as the Team Leader for one or more Business Process Excellence teams responsible for evaluating the efficiency and effectiveness of critical business processes and recommending improvements. Responsibility will also include working with work unit managers to implement agreed upon improvements.
* Provides operational and financial advice and recommendations for efficiencies and financial performance.
* Responsible for the proper security and disposal of any confidential information that he or she may possess in the course of performing this position's job duties, in accordance with NRECA's Personnel & Administrative Policy and HIPPA Privacy and Security Policies & Procedures Manuals.
Requirements and Qualifications
* Bachelor's degree in Accounting or related field. CPA or CMA preferred.
* 10+ years progressive accounting or financial planning and analysis experience.
* 5 years comprehensive in the role of an IT Controller, providing financial and budget advice to senior management, for a large IT department or other technology/project centric department or company.
* Experience leading cross functional teams in support of providing the financial analytical and counseling services required of this job.
* Experience with developing advanced financial modeling and analysis using Microsoft and/or Hyperion products including Microsoft Reporting tools is required. Experience using Oracle including Oracle Projects and Discoverer a plus.
Knowledge, Skills and Abilities Required (as demonstrated by prior work experience):
* Knowledge of Generally Accepted Accounting Principles (GAAP) and their application.
* Knowledge of organizational objectives, business strategy, hardware/software technology and IT financial strategies.
* Ability to create financial models, forecast business performance, and assimilate this information into cogent reports for the CIO and senior management team, NRECA's Senior Leadership Team and Board of Directors.
* Ability to be persuasive, negotiate, and collaborate with individuals at all levels inside and outside of the organization.
* Ability to lead highly visible multidisciplinary project/program teams or initiatives and provide leadership as the authority in a specialized field.
* Ability to manage competing deadlines and work on multiple tasks while being flexible and able to cope with changing conditions/policies/procedures in a fast-paced and sometimes intense working environment, while staying productive and maintaining a high level of accuracy.
* Ability to synthesize financial and operating data into clear, easily understandable reports as well as effectively communicating information, both verbally and in writing, to a diverse audience.
* Ability to define issues impacting business operations, establish facts, draw valid conclusions and develop options to resolve the issues.
* Ability to analyze large amounts of information and data to get an accurate read on business performance, including historic and current trends, drawing conclusions and presenting the pertinent information in a clear and concise manner.
* Expert level of knowledge of Microsoft Office tools (Excel, Word, Outlook, Power Point), data bases, and analytical methodologies and tools.
* Ability to operate various office equipment such as personal computer, copier, printer, fax machine, 10-key adding machine, and multiple line telephone.
* The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal and extensive reading.
* Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects. If the use of arm and/or leg controls requires exertion of forces greater than that for sedentary work and the worker sits most of the time, the job is rated for light work.
Disclaimer Statement: The preceding job description has been written to reflect management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned.