Cooperative Accounting (continued from page 1) This system upgrade will increase service
reliability, reduce outage cost and even make members capital credits down the road. Cooperative cooperation is one of the seven cooperative principles. Richard said,”the re- lationship with our CFC lender is great. Using CFC’s financial models have helped us be suc- cessful. When a forecast turns out to be really accurate, it makes all the hard work very worth- while.” Richard is also involved in the accoun- tant associaton at our statewide organization, Oklahoma Association of Electric Cooperatives. Richard really loves the cooperative philoso-
phy. He worked 12 1/2 years before coming to Cimarron Electric at a grain cooperative. He really loves the cooperative model. When the cooperative is successful, it will be a direct ben- efit to the members in capital credits. We give back to our members.
Kacy Yost
reports needed by management for the Cimar- ron Electric Board of Trustees. Kacy said that the thing she likes most about working at Cimarron Electric is her co- workers. Her least favorite thing is increased workload from storms. The biggest changes Kacy has seen is in technology. We are going paperless and are looking for new ways to do things.
Richard Reherman
Kacy Yost received her education from Wa- tonga High School and the University of Central Oklahoma. Kacy began her career at Cimarron Electric in February of 2011 and her title is Man- ager of Accounting and Capital Credits. Kacy lives in Kingfisher.
Kacy has a lot of job duties. She is in charge of accounts payable, employee payroll, gen- eral retirement and estate retirement of capital credits. She also balances bank statements, prepares power bill reports and various other
When asked what was the most important job she does, Kacy replied that it all depends on when you ask. We constantly have dead- lines when things must be done. Payroll is most important, right before payday. Reports and jobs must be completed so others can see the numbers. It’s all in the timing! In addition to completing tasks and bal- ancing accounts, Kacy said she gets the most satisfaction in her job when paying out estate retirements to folks who really need the mon- ey and are appreciative of it.
Kacy knows that cooperation between coop- eratives is real. “I see the paperwork when we, or other co-ops help each other during storms. I’ve been with hundreds of coopera- tive employees from across the state volun- teering to help with the Special Olympics. The safety and training programs that co-ops are constantly doing are impressive. It makes me proud to be part of the cooperative family,” said Kacy.
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