Chief Financial Officer

Duck River Electric Membership Corporation • Shelbyville, TN

14d • Onsite

About The Position

DREMC is seeking a Chief Financial Officer.

BE A PART OF POWERING SOUTHERN MIDDLE TENNESSEE!
Duck River Electric Membership Corporation (DREMC) is a member-owned electric cooperative, serving an area of approximately 2,500 square miles across 17 counties in southern middle Tennessee. Our amazing team at DREMC distributes safe and reliable electricity at the lowest possible cost, promotes and facilitates economic development, and enhances the quality of life over 85,000 members across 6,500 miles of line.

Location: Shelbyville, TN

Job purpose:
The Chief Financial Officer leads, directs and is accountable for all accounting, finance, billing, information technology, and purchasing activities to ensure DREMC accurately completes all internal and external required filings, reports, and analysis in a timely manner with a high degree of proficiency. This role serves as a strategic partner to both the President & CEO and Management Team for the effective execution of all Cooperative strategies involving rates, debt, and associated cash requirements to fulfill the Cooperative’s mission of empowering our communities and enhancing the quality of life for our Members.

Job Dimensions:
Supervisory Responsibility: The Chief Financial Officer leads the accounting, billing, information technology, and purchasing teams, consisting of approximately eighteen (18) team members. Additional leadership is required for external contractors, lenders, and regulators. Effective coordination with, and topical leadership for, other DREMC departments, as appropriate, is required.
Budget Responsibility: In addition to a department budget, this position is responsible for the effective creation and communication of the cooperative budget of several hundred million dollars annually.

Requirements

• Applicable undergraduate degree is required, and preference may be given to MBA, CPA, or other professional designations.
• At least five (5) years of progressive utility management experience is required.
• Valid Tennessee Driver’s License or ability to obtain license prior to first day of employment is required. Must be eligible to remain insured as a driver by the Cooperative’s group liability policy for the automotive fleet.
• A well-rounded understanding of the electric utility industry is required.
• This position will be an effective communicator that consistently displays an incredible willingness to listen for intent and watch for the best questions to ask.
• They will display a strong degree of analytical prowess, while consistently demonstrating a professional humility and hunger that inspires positive energy to others.
• Frequently required to sit for extended periods while working at a desk, in meetings, or reviewing financial reports.
• Regular use of hands and fingers for typing, data entry, using a calculator, and handling documents.
• Visual acuity is necessary for reading detailed financial statements, spreadsheets, and computer screens.
• Must be able to communicate clearly and effectively in both verbal and written form with staff, executive leadership, the Board of Directors, auditors, and external partners.
• Occasionally required to stand, walk, bend, or lift up to 25 pounds (such as binders, laptops, or presentation materials).

Nice To Haves

• Familiarity and experience with TVA as a wholesale provider is preferred.
• preference may be given to MBA, CPA, or other professional designations.

Responsibilities

• Consistently displays a willingness to lead in a team-focused manner to achieve the best possible outcomes for DREMC and the Members the cooperative serves.
• Possesses the ability and desire to train accounting, billing, information technology, and purchasing teams to ensure competence, growth, and development.
• Ensures accuracy and timeliness of all accounting and purchasing deliverables for both internal and external DREMC financial functions.
• Oversees all processes related to a completely successful Cooperative annual audit and related functions.
• Ensures all DREMC lender requirements and communication needs are met in a professional manner.
• Satisfies all state and federal requirements and filings as appropriate.
• Studies and applies Duck River Electric Membership Corporation policies, procedures, by-laws, rules, and applicable regulations as imposed by state or federal regulators and lenders.
• Maintains a productive and professional atmosphere by coaching, training, and motivating employees and embodying the principles of inspirational leadership.
• Demonstrates a high level of emotional intelligence and self-awareness.
• Maintains confidential employee and member information in conformance with industry best practices.
• Organizes and ensures efficient electronic transformation from multiple paper processes.
• Supports President & CEO and Management Team efforts to effectively communicate to the Board of Directors, as needed.
• Emergency response coverage, as needed.

Benefits

• DREMC provides a comprehensive program of employee benefits, including group medical, dental, vision, employer-sponsored medical clinic, life and long-term disability insurance programs, defined benefit retirement and 401K savings plans, tuition reimbursement, and partial remote work opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive