Chief Financial Officer

1 month ago

Chase City, United States Mecklenburg Electric Cooperative Full time
Chief Financial Officer

Mecklenburg Electric Cooperative is currently seeking a highly motivated leader who brings exemplary management skills, strong accounting knowledge, and sound financial management capabilities to serve as Chief Financial Officer for the cooperative and its wholly-owned subsidiary, EMPOWER Broadband.

The CFO will serve on the Executive Management Team and play an essential role in shaping the cooperative's accounting policies, leading the accounting team, and ensuring continued financial success for both organizations.

About Mecklenburg Electric Cooperative

MEC is a not-for-profit, member-owned electric distribution cooperative serving over 32,000 accounts across portions of nine Southside Virginia counties and five northern North Carolina Counties. MEC was formed in 1938, by the members - for the members, with the mission of providing services and creating opportunities to enhance the quality of life in rural southern Virginia. MEC is headquartered in Chase City, Virginia, with three district offices located in Emporia, Chase City and Gretna, Virginia. The region is uniquely located an hour from Richmond, Va and Raleigh, NC.

Over the last 85 years, MEC has worked tirelessly to meet the needs of its members, including additional services such as telephone in the 1950's and EMPOWER Broadband, formed in 2018, to close the digital divide throughout the communities served by the cooperative. Today, the for-profit subsidiary serves nearly 6,000 subscribers and is rapidly expanding its service territory across six counties.

About the Region

The rural countryside of Mecklenburg boasts a host of activities for the entire family including several state parks, hiking trails, recreational water sports, golf courses, and historical sites. Unique and locally-owned downtown shops, including ice cream, coffee, clothing, home dcor and much more, offer something for everyone.

One of Mecklenburg County's strongest assets is its new, state of the art, school facility for middle/high students. Built in 2022, this facility offers our youth a host of educational and recreational opportunities to ensure the students have unlimited opportunities upon graduation.

Surrounded by two of the largest lakes in Virginia, Mecklenburg County is ideal for fishing, camping, boating, kayaking and other water sports. The rural countryside also makes the area perfect for hunting and trail riding. Southside Virginia is a haven for all outdoor sports enthusiasts.

Adult activities include numerous wineries, a distillery, and several breweries.

Mecklenburg County is also home to one of the fastest growing data center regions in Virginia and the nation, which is presenting exciting opportunities regarding the development of new rates and rate structures. Additionally, this growth is strengthening our communities, our membership, and ultimately MEC.

Qualifications
  • Bachelors' degree in business administration, finance, accounting or related field is required.
  • Minimum of ten (10) years progressively responsible experience in financial management and accounting principles required.
  • Minimum of three (3) years of RUS accounting required.
  • Minimum of three (3) years of supervisory experience required.
Essential Job Responsibilities Include:
  • Provide oversight and direct the financial management and accounting functions of the Cooperative to provide reliable, adequate, and efficient financial information.
  • Provide excellent knowledge of generally accepted accounting principles and procedures, and the ability to direct the development of financial systems
  • Compile, analyze, and develop an annual capital and operating budget for the Cooperative and responsible for any corrective action needed to maintain budget objectives.
  • Advise and assist the President/CEO in formulating fiscal objectives, procedures, and programs needed to fulfill the purpose of the Cooperative as guided by the Board of Directors.
  • Direct the finance and administration activities such as, annual financial audit, work plan budget, rate design, preparing loan applications, preparing cost of service analysis, overseeing preparation of contracts, and all tasks related to the management of Cooperative assets and finances.
  • Administer the Cooperative's liability, property, workers compensation, and other insurance programs related activities, and compliance.
  • Responsible for cash management for the Cooperative and subsidiaries, manages cash flow and invests working capital funds.
  • Ensures all work is completed in accordance with all applicable laws and regulations.
  • Directly manages the Accounting and Finance team providing support, guidance, performance reviews, training, and professional coaching based on employee needs.
Preferred Certificates, Licenses, and Training
  • Certified Public Accountant (CPA)
  • Specialized training in rural utilities services (RUS) accounting

Compensation and Benefits

MEC offers a competitive salary and benefits package that includes medical, dental, short-term disability, long term disability, vacation-sick-personal time accrual, employee assistance program (EAP), and a variety of training programs. We also offer excellent retirement benefits that includes a Defined Benefit Pension Plan, a 401(k) defined contribution plan, as well as retiree health coverage.

Application Process and Deadline

If you possess the above requirements and are excited to work for a purpose-driven company that values safety, collaboration, its employees, and its members, then Mecklenburg Electric Cooperative is the place for you. You will not just find a job here; you'll find a career.

If this executive management level opportunity sounds right for you, apply now by visiting . Applications are sought by August 25, 2024; however, applications will be reviewed until the position is filled.

MEC is an equal opportunity provider and employer.

**All applicants will be subject to pre-employment drug and alcohol testing as well as a background check that includes a credit check.

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