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Payroll Accountant at Old Dominion Electric Cooperative

Posted in Accounting 30+ days ago.

This job brought to you by eQuest

Type: Full-Time
Location: Richmond, Virginia





Job Description:

Incorporated in 1948, Old Dominion Electric Cooperative (ODEC) provides reliable, cost-effective, environmentally balanced, wholesale electric services to our 11 member distribution cooperatives in Virginia, Maryland and Delaware. Our core business is generating, purchasing and delivering electricity to our members. ODEC is a not-for-profit generation and transmission cooperative that operates for the benefit of our members, who are our owners. ODEC and our members are each governed by a Board of Directors comprised of representatives elected from and by the respective entity’s total membership. ODEC is a not-for-profit member-owned cooperative and has no capital stock.

We rely on the Payroll Accountant to positively contribute to the success of the Organization.  The Payroll Accountant will manage the bi-weekly payroll process, manage the general ledger and financial responsibilities for two subsidiary companies, review accounts payable invoices and update the Sarbanes-Oxley narratives.

The overall responsibilities include, but are not limited to:


  • Processing the exempt and non-exempt bi-weekly payroll.  Reviewing quarterly tax filings prepared in UltiPro and reviewing and resolving W-2s.

  • Reviewing accounts payable invoices for proper coding and approvals, reviewing accounts payable checks and posting payment batches.

  • Preparing and recording monthly entries in the general ledger, tax ledger and fixed asset system for RHI.  Preparing monthly financial reports, providing documentation for tax schedules and providing assistance to auditors.

  • Reviewing accounts receivable and accounts payable, preparing annual operating budget and leading the annual audit for RHI.

  • Collecting, preparing and reconciling financial information for TEC Trading.

  • Assisting the Supervisor of General Accounting with Sarbanes-Oxley annual process narrative updates.

  • Preparing year-end confirmation and schedules required for annual audits and assisting in the preparation of the ODEC annual budget.

Education:  Four-year college degree in accounting or related degree

Experience:  Minimum five years general accounting experience and minimum three years payroll processing experience

Qualified candidates must have payroll processing software experience, UltiPro strongly preferred.  JD Edwards experience preferred.  Excellent verbal and written communication, interpersonal and organizational skills and ability to meet deadlines required.  Must be able to maintain confidentiality.

Travel Required:  Minimal overnight travel

We offer a competitive salary and benefits package. Please apply on www.odec.com for consideration.

ODEC provides equal opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identify or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

See job description