Strathmore's Roundtable Biography for
Elaine F. McConkey

	Elaine F. McConkey
Industry	Utility
Title	Treasury & Fixed Asset Director
Expertise	Fixed assets, treasury management
Current Organization	Southern Maryland Electric Cooperative
Type of Organization	Electric utility
Major Product	Electrical power
Area of Distribution	Maryland
University/Degree	B.S., University of Maryland
Affiliations	National Society of Accountants for Cooperatives; Past Board Member, Hospice for Charles County; Member, Finance Committee for Hospice; Past Board Member, Habitat for Humanity in Charles County; Currently funding 2 children in the Save the Children program
Hobbies & Sports	Golf, photography
Career Accomplishments	Prior to coming to SMECO, she worked with the Federal Bureau of Investigation. She started as a file clerk categorizing fingerprints and then worked her way up to Assistant to the Manager in the Fingerprint Division.
Work History	In 1967, she came to SMECO as an Accounting Clerk. During the subsequent years, she worked her way up from this position to Chief Accounting Clerk, Accounting Manager and finally to Treasury and Fixed Asset Director. During this time, she worked closely with Engineering to complete the necessary paperwork for construction contracts. She also input assets into their old asset system and did any necessary journal entries to update the general ledger with necessary information. She was the project manager to change over from their legacy fixed asset system to their new asset system on Power Plant. She works closely with Engineering and other members of Accounting to ensure that the information housed in their Power Plant asset system is current and accurate. She participates in providing data for loan application to Federal agencies and monitors the cash flow. She also makes necessary requests for loan funds when needed. She works closely with her Treasury Services Manager to ensure that their receipts come in and their payables go out on a timely basis.
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