Chief Financial Officer

Great River Hydro LLC•Concord, NH

7d•$250,000 - $300,000

About The Position

Great River Hydro is seeking an experienced, strategic, and growth-oriented Chief Financial Officer to lead the organization’s financial operations, capital strategy, treasury, regulatory finance, and risk management. Reporting directly to the President & CEO, the CFO is a member of the executive leadership team and a strategic partner to the Board of Directors. The role aligns financial discipline with shareholder Hydro-Québec’s expectations, including robust cash flow and reliable shareholder dividends. The CFO directly oversees Accounting, Payroll, Procurement, Human Resources, and IT. The CFO partners with the Chief Commercial Officer on commercial strategies across long-term Power Purchase Agreements and the company’s merchant position in the ISO-NE market, and with the Chief Operating Officer on financially sound investment underwriting, generation commitments, and operating expense discipline. The CFO also participates in the Board-approved Investment Committee, reviewing and stress-testing investment theses and capital allocation requests. Occasional travel to asset sites in Massachusetts, New Hampshire, and Vermont is required.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or Business Administration.
At least 15 years of progressively responsible financial leadership experience.
At least 5 years in a CFO, VP of Finance, or equivalent senior executive role within power generation, renewable energy, utilities, or infrastructure.
Direct experience managing financials for generation assets, preferably hydro.
Experience in wholesale power markets, including ISO-NE, and leveraging asset flexibility or storage for commercial optimization.
Demonstrated ability to manage multidisciplinary corporate functions, including Finance, HR, IT, and Procurement, within an asset-owning operating company.
Exceptional executive communication and negotiation skills, and a collaborative approach to enterprise-wide value creation.

Nice To Haves

Master of Business Administration (MBA).
CPA or CFA designation.
Hydropower experience.

Responsibilities

Formulate and execute long-term financial strategies aligned with the company’s mission, hydro assets, market opportunities, storage capabilities, and decarbonization goals.
Serve as the primary financial liaison to the Board of Directors, presenting forecasts, capital expenditure plans, cash flow analyses, and risk mitigation strategies.
Lead financial planning, working capital management, and capital structuring to support shareholder expectations, long-term value creation, and dividend generation.
Partner in diligence, financial review, and executive sign-off for major capital deployment decisions.
Participate in the Board-approved Investment Committee and facilitate rigorous reviews of underwriting models, capital budgets, and strategic investment theses.
Partner with the COO to ensure investment theses account for reliable projected generation over asset lifecycles and disciplined Opex baselines.
Partner with the CCO to optimize commercial positioning across long-term PPAs and the ISO-NE merchant market.
Assess financial implications of FERC relicensing, state clean energy mandates, environmental compliance, and infrastructure modernization.
Direct enterprise risk management, including assessment of energy price volatility, interest rate exposure, counterparty risk, and physical asset insurance strategies.
Oversee cash management, working capital, debt covenant compliance, and credit facility administration.
Structure debt and equity financing to optimize capital structure and reduce weighted average cost of capital.
Manage relationships with institutional investors, commercial lenders, rating agencies, insurance brokers, and financial advisors.
Lead annual budgeting, rolling forecasts, and long-range planning, translating operational fleet metrics and ISO-NE market dynamics into financial models.
Direct financial accounting, revenue recognition, tax compliance, payroll processing, and GAAP/FERC audit integrity.
Maintain a robust internal controls environment to safeguard company assets.
Provide executive oversight of Human Resources, including talent acquisition, organizational development, executive compensation, and cultural alignment.
Direct Procurement and Supply Chain functions to support capital project delivery, vendor negotiations, and operating expense efficiency.
Oversee IT infrastructure, enterprise cybersecurity, digital transformation, and OT/IT integration.
Perform other duties as required.