Chief Financial Officer

CHIEF FINANCIAL OFFICER

Department:
Finance and Accounting

Reports to:

CEO

FLSA Status:
Exempt

Position Supervises:
Finance and Accounting department

The CFO is a key member of the utility’s executive leadership team and is responsible for providing strategic and operational financial leadership to ensure the long-term financial integrity, stability, and performance of the utility. The CFO oversees all financial operations—including financial planning, treasury management, credit risk management, accounting, budgeting, and financial reporting—and ensures alignment between financial strategies and the utility’s mission to provide safe, reliable, and affordable electric service to its members.

The CFO acts as a strategic advisor to the CEO and Board of Directors, provides clear and actionable financial insights, and leads the finance and accounting teams in delivering high-quality financial services that support the utility’s operational and capital needs. This role also requires engagement with external partners including lenders, regulators, auditors, power suppliers, and industry organizations.

• Bachelor’s degree in finance
• Master’s degree in finance or business administration.
• 7-10 years of experience with demonstrated responsibility progression including management; and
• M&A experience or direct interaction with the power markets.

• Deep knowledge of financial principles, accounting standards, and best practices for financial management.
• Proficiency in evaluating counter party default risk and credit worthiness.
• Extensive knowledge of commodity hedging strategies and products.
• Understanding of regulatory frameworks, compliance requirements, and reporting obligations.
• Proficiency in developing and managing budgets, conducting financial forecasting, and performing variance analysis to support strategic decision‑making.
• Expertise in analyzing costs, identifying cost‑saving opportunities, and implementing cost control measures to improve operational efficiency.
• Familiarity with financial reporting standards, including GAAP and IFRS, and the ability to prepare accurate and timely financial statements.
• Understanding of risk assessment methodologies, risk mitigation strategies, and the ability to implement effective internal controls to safeguard the cooperative’s financial assets.
• Experience with capital planning and investments including evaluating investment opportunities, conducting financial feasibility studies, and providing financial analysis to support capital planning decisions, such as infrastructure upgrades and expansion projects.
• Familiarity with debt financing options, capital structure optimization, and the ability to develop and maintain relationships with lenders and financial institutions.
• Proven ability to conduct financial analysis, interpret data, and provide insights to support strategic decision‑making.
• Expertise in assessing and managing financial risks, implementing risk mitigation strategies, and ensuring compliance with regulatory requirements.
• Familiarity with financial software systems, data analytics tools, and enterprise resource planning (ERP) systems commonly used in the industry.
• Experience in leading and managing financial process improvements, system implementations, and organizational change initiatives.
• Strong analytical skills and the ability to identify financial challenges, develop innovative solutions, and implement effective problem‑solving strategies.
• Demonstrate leadership skills and the aptitude for building and managing a high‑performing team.
• Excellent verbal and written communication skills, with the ability to effectively communicate complex financial information to both financial and non‑financial audiences.
• Ability to collaborate with executive leadership to develop and implement long‑term financial strategies aligned with the cooperative’s mission, vision, and objectives.
• Ability to thrive in a fast‑paced and dynamic environment by adapting to changing circumstances and remaining resilient in the face of challenges.
• Ability to think strategically and contribute to the development of long‑term financial plans and…