Direct, supervise, administer and guide the treasury and strategic financial management functions of the Arizona G&T Cooperatives (the “Cooperatives”). Direct and administer the compliance and other requirements of the Rural Utilities Service (“RUS”) Indenture of Deed of Trust and other debt instruments. Direct and supervise the daily cash management activities of the Cooperatives in an effort to maximize the rate of return on each Cooperative’s general fund balance and short-term debt as issued through the member investment program. Direct and supervise the preparation of cash flow forecasting for operational, budget and strategic planning purposes. Administer the development and analytical support necessary to review and recommend various debt management options designed to minimize the Cooperatives’ operational and fixed costs. Assist in the administration of the Cooperatives’ Equity Management Plan.
Provide utility rate analysis and assist in the design of wholesale generation and transmission rates that recover revenue requirements, meet Cooperative pricing policies and principles, and comply with regulatory requirements. Assist with the organization and management of rate application filings to appropriate regulatory bodies [Rural Utilities Service (RUS), Arizona Corporation Commission (ACC), Federal Energy Regulatory Commission (FERC), etc.]. Help prepare testimony in support of rate filings and coordinate responses to requests for data.
Provide strategic financial analysis in support of the Financial Services Department, other Cooperative departments and Members. Such analysis may evaluate resource additions, regulatory impacts, planning studies, member projects and other activities to determine the impact of business decisions on the financial operations and/or rate requirements of the Cooperatives and impacts to our Members.
KNOWLEDGE, SKILLS AND ABILITIES:
B.S. in Accounting, Finance or related field.
Master’s Degree in business or related field preferred
7 or more years’ experience in corporate finance, banking, investment and treasury administration to include 1-2 years of direct supervisory or management experience.
Experience with corporate treasury management software.
Three to five years’ experience in cost-of-service, cost allocations, rates theory and rate design desirable.
Utility, RUS and Cooperative work experience desirable.
Proficiency in Microsoft Office products, especially Excel, and experience with an Enterprise Resource Planning (ERP) system. SAP experience preferred.
Verbal and written communication skills.
Cash flow modeling and forecasting knowledge.
At management’s discretion, a combination of advanced education, professional certification, or relevant industry experience may be considered as a substitute for individual requirements.
Direct and supervise the development and administration of the treasury functions of the Cooperatives’ Investments, Commercial Banking/Investment Banking, Lines of Credit, Member Investment Program, Leasing, and Cash Management Operations.
Direct and supervise the daily cash management program for the Cooperatives involving projecting end of day cash positions, investing funds daily, and approving fund transfers.
Direct and supervise the administration of adequate levels of cash working capital while maximizing interest income and minimizing short-term interest costs, banking cost and general fund business and financial risk exposure.
Supervise the Cooperatives’ treasury management software and act as a primary administrator to set entitlements for users.
Direct and supervise interactions with the Cooperative’s Indenture Trustee, RUS and other lenders to make all requisite compliance and/or other filings associated with the agreements.
Direct and supervise secured and/or unsecured financing loan packages with the RUS and/or other lenders and acquire approval from the Arizona Corporation Commission in coordination with regulatory counsel.
Direct and supervise the development and maintenance of computer models relating to cash flow forecasts, loan fund draws, interest rate alternatives and the preparation of cash flow schedules.
Direct and supervise the preparation of adequate reports, schedules and other documentation to other departments as required.
Assist with the administration of the Cooperative’s Equity Management Plan. Direct and administer short-term and long-term strategic cash management functions to ensure compliance with the plan.
Assist with rate administration to provide sufficient rates to recover revenue to meet the financial goals of the Cooperatives, the preparation of professional, accurate, and complete rate cases that are defensible and timely and the coordination of rate case preparation and filing with regulatory counsel and rate consultants.
Ensure compliance with RUS, ACC, FERC and other regulatory agencies’ rules and regulations.
Provide strategic financial analyses in support of Financial Services and other departments.
Analyze business decisions to evaluate their impact on the financial operations and/or rate requirements of the Cooperatives, and to help recommend decisions to the Boards of Directors.
Consult with Distribution Members and provide financial analyses as necessary.
Represent the Financial Services Department and the Cooperatives on internal and external committees.
In coordination with ACES Power Marketing, review counterparty risk and recommend credit requirements for the Cooperative’s current and prospective customers.
TO APPLY FOR THIS POSITION PLEASE VISIT: https://azgt.applicantpro.com