VP of Financial Services

Job Description

Job Description

Company is committed to diversity and inclusion. We are an equal opportunity employer including veterans and

people with disabilities.

A Brief Overview

The Vice President of Financial Services is responsible for overseeing and managing the financial operations of

LREMC and making decisions based on financial stability.

What you will do

• Maintain an appropriate system of accounting controls as they apply to accounting software applications,

internal audit, logistics, accounts payable, accounts receivable and other functions that interrelate with

the finance function.

functions. Develop and maintain appropriate internal controls and financial procedures to safeguard

corporate assets. Manage insurance policies to protect the cooperative to include periodic market

repricing to meet board policy requirements. Manage warehouses, garage and all other cooperative

facilities to ensure buildings and grounds are maintained and appropriate maintenance contracts are

accurate.

savings ideas to business plans for diversified business services.

and manage financing strategies and activities, banking relationships and bank services for the

Cooperative and its subsidiaries. Review and monitor economic loan program management.

and all subsidiaries. Issue reports and financial statements based upon accounting research and in

accordance with RUS / GAAP guidelines.

Rules and Regulations to ensure fair distribution of costs to members.

by the Board of Directors. Ensure adequate short-term cash and the maximization of the investment of

available excess cash.

short- and long-range forecasts. Prepare and analyze financial statements, year-end reports, and assist

President & CEO with decision making relating to the financial operation.

customer service, and construction goals. Ensure that financial goals regarding financial position are

attained through proper working capital management, dividend (capital credit) policy, and capital

expenditure plans. Recommend changes to priorities and resource allocation based on the analysis of

strategic plans, financial forecasts, and budget variance reports.

implement strategies to increase efficiency and oversee fleet maintenance. Partner with internal

employees to ensure financial success.

organizations, auditors and / or public officials. Ensure all audit, tax returns and other regulatory reports

are completed and filed timely. Ensure legal and regulatory compliance is maintained.

space, time and cost.

Qualifications

duties of the job

management of a rural electric utility. Thorough knowledge of RUS, including general and subsidiary

ledgers. Understanding of mathematical equations to prepare and analyze financial and statistical reports

for trends and deviations. Required

simultaneously, effectively coach others to accomplish assignments, and direct groups of individuals to

achieve consensus.

and subsidiary ledgers.

debt acquisition.

initiative to take action and follow-through.

Our people are passionate about what they do, the product they sell, and the customers they serve. If you're

looking for an opportunity to be a part of a work family that values collaboration, innovation and dedication,

we're the right company for you.

The below disclaimers must be read in their entirety and acknowledged, by signature, as part of the application process. Please make certain that you have answered all of the questions of this employment application truthfully.

By signing below, I understand that the information provided is true and correct, and that any misstatements or omission of material facts in the application or the hiring process may result in discontinuing of the hiring process or termination of employment, no matter when discovered. I agree that the organization shall not be held liable in any respect if my employment is terminated because of false statements, answers or omissions made by me in this application.

I authorize the organization to analyze the truthfulness of all statements made on this application, complete reference checks from my current and former employers, and others that may provide information regarding my education and experiences. In addition, I give my consent for all contacted persons including current and former employers to provide information concerning this application, and I release each such person from liability for providing information to the organization.

I understand that nothing contained in this application, or the granting of an interview is intended to create an employer / employee relationship between the organization and myself either for employment or for the providing of any benefits. No promises regarding employment have been made to me unless made in writing. I further understand and agree that if I am hired, my employment would be “at will,” as defined by law where our organization operates : I would have the right to terminate my employment at any time for any reason and that the organization would retain a similar right.

I understand that any offers of employment may be contingent upon my taking and successfully passing a drug and / or alcohol test in accordance with the organization’s policy. If I refuse to submit to testing, refuse to sign the consent form, or test positive, the organization will not employ me.

I understand that any offers of employment may be contingent upon the results of a background check(s), including without limitation a criminal background check and a conviction inquiry, in accordance with the organization’s policies and state law.

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