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Strathmore's Roundtable Biography for
Elaine F. McConkey

Elaine F. McConkey PhotoElaine F. McConkey
TitleTreasury & Fixed Asset Director
ExpertiseFixed assets, treasury management
Current OrganizationSouthern Maryland Electric Cooperative
Type of OrganizationElectric utility
Major ProductElectrical power
Area of DistributionMaryland
University/DegreeB.S., University of Maryland
AffiliationsNational 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 & SportsGolf, photography
Career AccomplishmentsPrior 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 HistoryIn 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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