Primary Accountability:  The CFO is responsible for the overall direction of all financial and administration functions, including interpreting and applying the Cooperative’s rules, regulations, and procedures to conventional problems, questions, or situations. In addition, this position is responsible for ensuring the Cooperative’s member’s needs are met through efficient use of the Cooperative’s resources, as well as the management/supervision of the activities and programs of the Accounting and Finance Department in accordance with established policies, procedures, objectives, and budgets.

Major Duties:

• Participates, with top executive team and board, in development of long-range plans, an overall work plan and budget, as well as recommendations for improvement in the overall organizational structure of the Cooperative.  Develops and recommends to the CEO the annual work plan and budget for the cooperative.
• Prepares and manages the development of budgets and reviews periodically to determine whether goals and budgets are being met for electric division, broadband division and Regional Media Corporation, the wholly owned subsidiary.
• Manages the development of project budgets, and monitors capital expenditures for electric plans and fiber projects.
• Supervises the annual audit process and responds to questions as they arise.
• Performs monthly accounting close processes in NISC, prepares financial statements, and performs an analytical assessment of the financial statements, with explanatory notes of budget to actual variances.
• Ensures that adequate internal controls are followed, or modified, to ensure the integrity and safety of asset safeguarding and financial reporting.
• Interviews and selects new employees for the department, disciplines and terminates employment of personnel, and recommends promotions in accordance with Cooperative’s policy and procedures.
• Assumes ultimate responsibility, through management of the accounting department, for the Cooperatives overall accounting functions, including accounts payable and receivable, payroll, preparation of monthly financial statements, general ledger and other operating and statistical reports.
• Prepares the Form 1120 for the wholly-owned subsidiary and the Form 990 for Butler Electric Cooperative by their respective extended due dates.
• Prepares and file regulatory reporting (KUSF, BDC, Census surveys, Property Tax Renditions, others as assigned).
• Assists the CEO in the formulation and recommendation of operational policies for the Cooperative.
• Participates in the senior staff meetings in order to develop future plans, confer on mutual problems, interchange information and to share in the determination and formulation of management policies and internal procedures.
• Recommends wage and salary adjustments for the Administration and Finance Department personnel, as well as the entire Cooperative in accordance with the Cooperative’s wage and salary plan.
• Resolves customer inquiries, as well as plans, directs, and implements the Accounting Departments activities.
• Develops training programs for the Accounting Department personnel and determines if the department is thoroughly trained in accordance with the qualifications and requirements of their position.
• Plans, monitors, and reports to management on the resource utilization and requirements, including personnel, equipment, software, services and the associated costs.
• Performs additional duties as assigned by the CEO.