Treasury & Finance Manager

Tri-State Generation and Transmission Association • Westminster, CO

14h • Hybrid

About The Position

Responsible for the execution, maintenance and administration of financing and leases, including compliance and debt service, preparation of financial ratios, and annual budget of interest and lease expense, financial analysis and day-to-day management of several corporate programs. Responsible for management of bank and rating agency communication and relationships. Responsible for coordinating and directing the preservation and control of cash resources for Tri-State and its subsidiaries. Provides technical direction and supervision of daily activities of treasury and finance personnel. Establishes and maintains appropriate systems and procedures, including but not limited to, all banking systems, cash accounts, escrow accounts, treasury workstations, accounting systems and cash forecasting systems to preserve and control cash resources and to facilitate financial decision making.

Requirements

• Bachelor's degree in accounting, finance, or other related field or; an equivalent combination of education and experience.
• Working knowledge of financial and statistical analysis concepts and techniques including present and future value analysis and discounted cash flow.
• Strong working knowledge of accounting and finance principles applicable to finance, management of debt instruments and cash management activities.
• Strong knowledge of financial markets, ability to stay updated on products and services offered, and the impact of economic conditions and political actions on the markets.
• Solid knowledge of legal documentation and proficient in negotiation of legal documentation.
• Working knowledge of computers, including extensive knowledge of spreadsheets, word processing, data bases, presentation software, graphic software and related equipment and products.
• Ten (10) years of increasingly responsible finance/accounting experience including a working knowledge of cash management, debt instruments, accounting procedures and lease accounting.

Nice To Haves

• CPA and/or MBA desired.
• CTP certification is a plus.
• Working knowledge of Oracle and accounting entries is desired.
• Excellent communications skills, both verbal and written.
• Ability to perform detailed functions with a high degree of accuracy.
• Ability to plan, organize and direct the work of other team members and work effectively under pressure.
• Supervisory experience preferred.

Responsibilities

• Supervise and provide training for corporate finance and treasury personnel.
• In coordination with Vice President Finance, negotiate and execute needed financing arrangements including Inflation Reduction Act RUS “New ERA”.
• Assist with compliance reporting as needed.
• Responsible for the forecasting, execution, maintenance and administration of debt/lease management and interface with related accounting systems including a complete and comprehensive database of all debt and leases.
• Responsible for the preparation of compliance certificates, financial forms and reports, as required by the indenture, and debt and lease agreements (excluding RESP loan).
• Responsible for the calculation and coordination of accounting entries, (including interest accruals and journal entries), FERC and SEC supporting information and schedules, financial reports, amortization schedules and other related information with Accounting and other areas for all debt instruments.
• Regularly evaluate monthly cashflow and recommend changes to liquidity planning, credit facility sizing and credit facility renewals and/or commercial paper issuance.
• Coordinate communication with the trustee regarding Indenture Supplements, note transfer and other items.
• Help coordinate amendments and or waivers to the Indenture and other financial agreements.
• Assist with the development and administration of the debt/lease management function, annual budget and annual financial forecast and periodic projections.
• Maintain contacts with appropriate financial institutions and governmental agencies to facilitate treasury, debt and lease arrangements.
• Assist in the preparation of the meeting materials, corporate finance and liquidity presentations including those for lenders, rating agencies and board members.
• Responsible for asset/liability management and maintenance of Interest Rate Risk Management Program.
• Oversee Tri-State corporate card programs.
• Gather and maintain appropriate financial and economic information necessary to make informed and timely financial decisions.
• Establish, document and maintain all appropriate procedures for cash management and financial obligations, including procedures for Sarbanes Oxley compliance.
• Manage day-to-day cash operations including cash positioning, forecasting and liquidity management.
• Act as banking portal administrator to various banking platforms.
• Establish and maintain appropriate systems and procedures, including but not limited to, all banking systems, cash accounts, escrow accounts, trust accounts, accounting systems and cash forecasting systems to preserve and control cash resources and to facilitate financial decision making.
• Assist in the development, implementation and administration of short- and long-term investment policies, borrowing programs, credit policies, and funds transfer procedures ensuring alignment and compliance with Board approved Policies
• Direct cash resources to ensure the proper amount of cash for the operation of the company while minimizing borrowing requirements and maximizing investment income.
• Assist in the evaluation of new developments, trends and technologies, and make recommendations for their use.
• Adhere to and demonstrate compliance with appropriate electric utility industry regulatory requirements.
• Attain knowledge and remain knowledgeable of development in regulations, laws, standards, and best practices applicable to the functional area including, but not limited to, Standards of Conduct, Environmental, Employment Law, NERC Reliability Standards and Safety.
• Must be familiar with, and comply with, all aspects of Corporate Policy C-54, Compliance.
• Demonstrate behavior consistent with Tri-State’s culture embodied in the Cooperative principles and spirit and core values of technical competency, respect and dignity, accountability, integrity, trustworthiness, and servant leadership to empower or otherwise enable others to optimally perform their job responsibilities.
• Demonstrate and promote ethics and behaviors consistent with Tri-State’s culture, Board policies, and business practices.
• Understand and fulfill the role and responsibility for all compliance programs within the company.
• Because Tri-State is an electric utility with continuous service obligations to its customers, regular, reliable, and predictable performance of the essential functions and responsibilities is an essential function of the job.
• Actively participate in special projects, reports, teams and other related duties as requested.

Benefits

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSA)
• Tuition Reimbursement
• Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 40%
• Life Insurance
• 401K
• Long Term Disability (LTD)
• Short Term Disability (STD)
• Employee Assistant Program (EAP)
• Paid Leave Benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 501-1,000 employees