Hybrid Controller

at OVEC

• Job title: Controller
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $157,000 - $168,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Piketon, United States

About the role

• Controller overseeing financial health through management of accounting, treasury, and risk at Ohio Valley Electric Corporation. Leading teams, ensuring compliance, and safeguarding funds.

Responsibilities

• Directly supervise the Treasury and Accounting staff.
• Lead the department by setting goals, conducting performance evaluations, and providing professional mentorship.
• Ensure a culture of accountability and that adequate cross-training exists for all key roles.
• Direct the General Accounting and Accounts Payable sections.
• Ensure the recording of assets, liabilities, and income/expense activity is performed at a proficient level in strict adherence to FERC accounting structures and utility-specific standards.
• Oversee corporate compliance with all federal, state, and local taxing requirements.
• Direct the securement and control of corporate insurance.
• Oversee daily cash management, the investment of company funds, and strict adherence to financing covenants to ensure a timely and accurate cash position.
• Oversee the billing and collection process for sponsor companies, ensuring accuracy and compliance with the Inter-Company Power Agreement (ICPA) and other fuel or power contracts.
• Responsible for knowing and complying with the laws and Code of Business Conduct related to the performance of the aforementioned duties.

Requirements

• Bachelor’s degree in Accounting or Finance with a strong, demonstrable knowledge of accounting principles and the FERC Uniform System of Accounts.
• Required minimum of 5 years of prior experience in a supervisory or management role, with a proven history of developing teams and managing departmental workflows.
• 8–10 total years of experience in accounting or finance, ideally within the utility industry.
• A Master’s degree in Accounting or Finance, or a CPA certification, is highly preferred.

Benefits

• Medical, Dental and Vision insurance
• Health Savings Account (with Employer contribution if enrolled in a qualifying medical plan)
• Life Insurance
• Supplemental Pension & Savings Plan
• Paid Days Off
• Holidays
• Vacation
• Sick Pay
• Monetary incentives/Employee Incentive Plan target of 15%
• Paid Parental Leave
• Additional Voluntary Benefits
• Company will pay relocation expenses