The Finance Manager is responsible for maximizing the return on financial assets by establishing financial policies, procedures, and reporting systems for equity management of FreeState Electric Cooperative (“Cooperative”). This position ensures risk management is evaluated to protect the financial viability of the Cooperative and helps the Cooperative management make informed business decisions.
Guides financial decisions by establishing, monitoring, and enforcing policies and procedures.
Directs the strategic direction of the Cooperative by establishing financial strategic goals and initiatives.
Facilitates and directs cost of service studies to establish a rate structure that supports the financial goals of the Cooperative.
Administers and monitors the Cooperative long-term all requirements power contracts.
Performs and evaluates long-term load forecasts.
Prepares long-term financial forecasts to identify when rates need to be adjusted.
Prepares the financial budget of the Cooperative in conjunction with the Accounting Manager.
Directs and facilitates the Fort Leavenworth contract by executing price redeterminations that meet the financial goals of the Cooperative.
Performs cost-benefit and payback analysis with Cooperative management to help make informed business decisions.
Manages the Cooperative’s cash projections. Maximizes return and limits risk on cash by minimizing cash balances and maximizing investments.
Provides status of financial condition of the Cooperative by collecting, interpreting and reporting key financial data. Evaluates the Cooperative’s key trend ratios to establish benchmarks and performance indicators.
Maintains current information on investment trends; Studies the financial market and invests surplus general funds to the benefit of the Cooperative.
Manages budget and controls expenses effectively by monitoring financial trends of the Cooperative. Analyzes operational business processes to identify financial opportunities to improve operations.
Performs special projects as directed by management to determine financial decisions.
Provides assistance of the Cooperative’s financial audits as directed by the Accounting Manager.
Manages the Cooperative’s long-term debt to ensure quarterly balancing matches with the lender. Executes long-term debt work papers for the financial audit. Identifies loan fund needs from the financial forecast.
Performs other duties as assigned by the Assistant General Manager.
Bachelor’s degree in finance or accounting from an accredited university is required; Master’s degree is preferred.
Minimum of five (5) years’ experience in a financial management role is required.
Must possess a valid driver’s license.
Prior banking knowledge is preferred.
Prior knowledge with managing contracts is preferred.
Knowledge of generally accepted accounting principles, including cost accounting, budgeting and auditing is required.
Knowledge of utility rate structures is preferred.
Knowledge of economic and accounting principles and practices, financial markets, banking and the analysis and reporting of financial data.
Knowledge of RUS Uniform System of Accounts is preferred.
Advanced knowledge in computerized information systems used in financial and/or accounting applications.
Experience with managing government contracts is preferred.
Experience in fiscal management and the ability to develop forecasting and investing strategies.
Experience with NISC software is preferred.
Ability to effectively communicate, present information and respond to questions, both verbal and written.
Ability to analyze data or information by identifying the underlying principles, reasons, or facts of information and using logic to address work-related issues and problems.
Ability to organize, multi-task, plan and set priorities with minimal supervision.
Ability to encourage and build mutual trust, respect and cooperation amongst team members.
Ability to exercise good judgment with a strong attention to detail.
Ability to handle confidential information with integrity.
Strong interpersonal communication skills and the ability to establish and maintain effective working relationships across all levels of the Cooperative.
Demonstrate poise, tact, and diplomacy in daily interaction with Cooperative members and staff.
Ability to sit for extended periods of time.
Ability to read computer screens, mail and talk on the phone.
Ability to lift upto thirty (30) pounds.
Professional and deadline-oriented environment in an office setting.
Interaction with staff and members.
Must be able to report to their primary worksite after regular business hours, as soon as possible, in the event of an emergency situationsuch as electrical outages, inclement weather, etc.
Ability to travel between offices and attend trainings, workshops, and seminars, as directed.
FreeState is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.