At La Plata Electric Association, our mission is to provide our members safe, reliable electricity at the lowest reasonable cost while being environmentally responsible. We are shaping the future by building trustworthy community partnerships as an innovative, forward-thinking industry leader, delivering excellence in our member-owned cooperative.

Summary

The CFO/VP, of Finance, is responsible for directing the financial fiscal functions of the cooperative in accordance with generally accepted accounting principles issued by the AICPA, the Securities and Exchange Commission, and other regulatory and advisory cooperatives and in accordance with financial management techniques and practices appropriate within the industry.

Essential Job Functions

• Plan, develop, organize, implement, direct and evaluate the cooperative's fiscal function and performance.
• Participate in the development of the cooperative’s plans and programs as a strategic partner.
• Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action.
• Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO, the Board and other senior executives in performing their responsibilities.
• Enhance and/or develop, implement and enforce policies and procedures of the cooperative by way of systems that will improve the overall operation and effectiveness of the cooperative.
• Establish credibility throughout the cooperative and with the Board as an effective developer of solutions to business challenges.
• Provide technical financial advice and knowledge to others within the financial discipline.
• Continual improvement of the budgeting process through education of department managers on financial issues impacting department budgets.
• Provide strategic financial input and leadership on decision making issues affecting the cooperative; i.e., evaluation of potential business opportunities, rate impact, and/or pension funds and investments, etc.
• Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
• Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Be an advisor from the financial perspective on any contracts into which the cooperative may enter.
• Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as provide individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals.
• Represent the cooperative as appropriate at affiliate meetings, national, regional and state meetings, and within the cooperative service territory as appropriate.

Education and/or Experience

Bachelor’s degree and CPA certification required, or 10 to 15 years of related experience and/or training; or equivalent combination of education and experience. Master's degree in business or finance, preferred.  

Compensation

Annual salary range- $158,442 - $200,814

LPEA takes into consideration a candidate’s education, training, and experience when determining the salary level for potential new employees. In compliance with the Colorado Equal Pay for Equal Work Act, a potential new employee’s salary history will not be used in compensation decisions.

Benefits

• Medical Insurance
• Dental and Vision Insurance
• Paid Time Off
• 401(k)
• Health Club Reimbursement
• Education Assistance