“A fail-safe warning system…”

Karen Alexander
Karen D. Alexander
President and CEO

The New Jersey Utilities Association is a 501(c)6 organization founded in 1915 to provide a forum for the exchange of ideas and a unified voice in the public policy arena for the Garden State’s investor-owned utility companies. The association is supported by dues from member electric, natural gas, telecommunications, water, and sewerage utilities who, explains President and CEO Karen Alexander, deserve rigorous accounting and accountability of their payments.

When Alexander took the helm in 2006, she felt it was important “to give my board of directors the comfort level that our financial systems were in order, with a fail-safe warning system in place in case anything should go wrong. Accounting is not my forte, and when I heard Eric’s ads on WHYY I reached out to Your Part-Time Controller.”

YPTC Associate Cheryl Miller soon began providing services. “She’s been a good fit, both from a personality standpoint and for being able to work hand-in-glove with me to strengthen our accounting systems and internal controls. She has a strong work ethic and impeccable attention to detail. She comes right in and makes recommendations on how we can make improvements.”

The results have been impressive. “I’ve had consistent feedback from our members that the reporting of our finances are more timely, more transparent, and more detailed than ever before,” says Alexander. “To have my board getting what they need to perform their oversight role is important.

“I feel like I have an alter ego in YPTC because I don’t have the time or accounting expertise myself.”

Your Part-Time Controller has also alerted Alexander to changes in laws and new rules that she was unaware of. “They were able to clarify what these new requirements are and put appropriate procedures in place. This has helped not only our day-to-day operations but also at the end of the year our auditors are more comfortable.

“I’m very lucky to have found YPTC,” says Alexander. “I’d do it the same way if I had to do it all over again.”


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