Tri-County Electric Cooperative has an opening for a VP of Finance. We are a Cooperative located in North Florida with approximately 20,000 members. The individual selected will work side by side with the current VP of Finance until their retirement in early 2026, with responsibilities gradually transitioned to the new VP.
Responsibilities include planning, organizing, managing, and directing the activities of the Finance department, including general accounting, financial planning, risk management, internal auditing and procurement, and reviewing and approving operating procedures to maximize the effective and efficient utilization of financial resources.
Responsible for overall finance control within established policy including investments of Cooperative funds with annual revenues of approximately $40M, Construction Loan Funds of $5M dollars annually, and Emergency Lines of Credit of $120M.
Prepare and administer all RUS and supplemental lender loan applications.
Develops action plans to address KRTA values that exceed the 60th percentile within the national peer group.
Maintain all loan fund records and requisition funds.
Develop and maintain financial information and assumptions and prepare the ten-year Financial Forecast annually.
Develop information and make recommendations to meet the requirements of the equity management policy.
Directs the maintenance of the general ledger and related subsidiaries.
Supervises the preparation of monthly operating reports and other statistical reports, to include bank reconciliations.
Develop and maintain proper cash management programs.
Develop annual department plans and budget including personnel, equipment and supplies. Assist other departments in the development of their budgets.
Responsible for cooperative-wide purchasing systems such as Purchase orders, credit cards, etc.
Coordinate and consolidate cooperative-wide annual budget and analyze overall financial position.
Analyze and prepare detailed monthly and long-term financial information and provide recommendations for fiscal improvements to CEO.
Prepares and oversees preparation of financial and statistical information for Management and Board of Trustees as requested.
Reviews all general and construction fund disbursements made by the Cooperative.
Supervises payroll and accounts payable functions.
Provides supervisory oversight of property records.
This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary.
Bachelor's Degree in Accounting, Finance, Business Administration or related field is required. CPA is desirable.
Must have a good understanding of accounting principles and procedures as they relate to the financial management of a rural electric utility.
This includes a thorough knowledge of the RUS Uniform System of Accounts, including work order procedure, general and subsidiary ledgers, in order to have complete familiarity with the financing and operation of a rural electric utility.
Should be proficient in the areas of expense analysis, accounts payable, payroll, property records and long-term debt acquisition.
Must be accurate in detailed analysis and computational tasks.
Also must be able to work effectively with auditors.
Must possess human relations skills generally associated with a management position in order to effectively supervise office and accounting personnel.
Excellent computer skills with sound knowledge of Microsoft Office.
Tri-County Electric Cooperative, Inc. is a member owned Electric Cooperative located in North Florida. We provide safe and reliable electrical service to the rural portions of Madison, Taylor, and Jefferson counties. Our headquarters are located at 2862 West US 90 in Madison. As of 2025 we serve approximately 20,000 members.