Dakota Electric is hiring an Associate Financial Analyst to join our team in Farmington, MN!

This is a great, entry-level opportunity for the right candidate to gain exposure to a wide range of projects and experiences.

WHO ARE WE?

Dakota Electric Association is a member-owned electric cooperative that reaches more than 112,000 members. We are ranked among the 25 largest electric distribution cooperatives in the nation.

Located in Farmington, MN, Dakota Electric boasts an incredible culture and features a strong history of valuing employee contributions.

OVERVIEW

Reporting to the Director of Financial Planning, Analysis & Regulatory, the Associate Financial Analyst will join a team of experienced analysts to focus several financial projects, including (but not limited to):

• Financial modeling
• Month end variance analysis
• Treasury and banking operations
• Budgeting and forecasting

JOB DUTIES/RESPONSIBILITIES

• Participate in the month end close process, providing complete and accurate financial analysis of reports and statements.
• Provide proactive, clear and actionable recommendations and alternatives to management.
• Comply with established Dakota Electric Association safety and operating rules, policies, procedures, and guidelines.
• Be responsible for reporting any un-safe practices and/or hazards to a supervisor, manager, or Vice President.
• Be committed to and actively involved in Dakota Electric’s safety programs, initiatives, and performance measures.
• Assist with coordinating the development of the annual budget for DEA.
  • Administration of budget system
  • Act as key resource for cost center managers and business leaders
  • Prepare consolidated budget results
• Prepare regulatory filings, financial models, and ad hoc analysis.
  • Work cross functionally with stakeholders
  • Develop clear and compliant results
  • Organize and document
• Complete the monthly accounting necessary to comply with the regulatory requirements of DEA.
  • Track actual results against budget as assigned for both general ledger accounts and projects and analyze and report variances.
  • Prepare journal entries as needed
  • Reconcile specific accounts as needed
• Continually analyze accounting procedures, records and reports for accuracy and usefulness to the organization and recommend identified changes to management.
• Support treasury functions of the organization.
• Perform other duties and special projects as assigned.

REQUIRED QUALIFICATIONS

• Bachelor’s degree in accounting, finance, businesses administration or a related-discipline

DESIRED QUALIFICATIONS

• Experience in accounting and financial functions
• Analytical experience
• Experience with MS Excel
• Strong communication skills
• Strong attention to detail
• The ability to work independently
• Problem solving skills

WORKING CONDITIONS

Normal department office conditions and working hours apply (40 hours/week). Occasional overtime may be required. Maintain a good working relationship with co-workers in all departments to successfully implement accounting policies and procedures. Must be able to cope with stressful situations that interrupt the normal workday schedule.

PHYSICAL DEMANDS

The physical demands for this position are identified on the Office/Professional template. All duties should be considered essential functions per the Americans with Disabilities Act. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

BENEFITS

• 401(k) and Roth 401(k) with an employer contribution of 6% of an employee's base wage, plus matching contribution up to 4%
• Medical, dental and vision coverage
• HSA and FSA
• Employer-paid life insurance and long-term disability
• Short-term disability and other voluntary benefits
• Tuition reimbursement
• Wellness reimbursement
• Vacation, sick and personal leave

EQUAL OPPORTUNITY EMPLOYER

Dakota Electric is proud to offer equal employment opportunity (EEO) to all persons regardless of age, color, national origin, disability status, race, religion, creed, gender, sex, sexual orientation, gender identity, veteran status, or any other characteristic that is protected by federal, state or local law.