Deputy Chief Financial Officer

Supporting business, community, and tourism throughout Checotah and the greater Checotah area.

Checotah is a community with deep roots, local pride, and plenty happening throughout our town and surrounding area.

Whether you’re looking for a local business or service, planning a visit, exploring our history, considering Checotah for your family or business, or looking for ways to get involved, you’re in the right place.

Explore Checotah, support local, and get connected.

Reporting directly to the Vice President of Finance and Accounting. This position plays a pivotal leadership role within this fast-moving, multifaceted organization. Deputy CFO oversees the functional areas of accounting, leading a talented team of professionals. Beyond operational oversight, the CFO is a key strategic partner responsible for advancing the Coops mission, supporting long term organizational goals, and ensuring financial excellence across the cooperative and its subsidiaries.

This role offers the rare opportunity to help shape the future of an innovative cooperative at the intersection of electric, transmission, broadband, and solar industries.

• Oversee and direct members of the accounting department and provides leadership for the actions of accounting personnel in completing assigned tasks.
• Ensure complete and accurate financial records and reports exist in accordance with established Cooperative Accounting Policies and Procedures, in accordance with RUS and FERC Uniform System of Accounts and Generally Accepted Accounting Principles that contribute to efficient management of the Cooperative.
• Responsible for the internal control environment of the accounting department and identifying opportunities for process improvement.
• Coordinate, oversee, and manage the annual audit process with external auditors.
• Work closely with VP Finance & Accounting, CEO and leadership management team in the development of business plans and programs as a strategic partner, particularly from the perspective of the cooperative’s finances.
• Maintain positive professional relationships with customers, lenders, auditors, developers, contractors, community and professional organizations, and government agencies.
• Direct the maintenance of the general ledger, accounting files, and related subsidiaries.
• Prepare the annual budget, financial plan, and financial forecasts for the Cooperative. Responsible for analysis of financial and operational results each month.
• Responsible for the preparation of monthly financial and statistical reports for the Board and management. Present financial results at monthly board meetings.
• Responsible for financial reporting and preparation of related reports for Federal, State, and Local agencies, such as FERC, IRS, State Department of Taxation, etc. Responsible for keeping the company within compliance with the various agencies.
• Responsible for cash management for the Cooperative. Monitor cash flow daily and make funds transfers as appropriate.
• Communicate with financial institutions concerning debt activities. Oversee all loan portfolios. Secure workers comp insurance to ensure the Cooperative is adequately protected against loss.
• Oversee the allocation and retirement of patronage capital credits in accordance with Bylaws and Board policies.
• Advise departments as to proper accounting procedures and safeguarding of assets.
• Work with CEO in measuring and monitoring key performance indicators, driving performance for all departments and businesses.
• Assist the CEO and other leadership staff in redesigning, modifying, and establishing rates.
• Participate in the development of the Cooperative’s strategic plan.

The ideal candidate will offer ten or more years of proven ability and progressive utility financial management experience, preferably in a cooperative environment. East Central is most focused on candidates who possess broad knowledge and expertise in FERC accounting, budgeting, banking activities with RUS, CFC and CoBank, taxes, utilization of NISC software tools, and other financial matters.

Additional experience providing warehouse and…