Trico Electric Cooperative is a member-owned, not-for-profit, distribution cooperative headquartered in Marana, Arizona. We service more than 45,000 Members in rural areas surrounding the City of Tucson across 3 counties in southern Arizona.
At Trico, it’s more than just a job and our members are more than just customers. Employees are proud to be part of the co-op family and strongly believe in our mission of delivering safe, affordable and reliable power to those we serve. They take the responsibility of ensuring the power stays on in our communities, this commitment of all employees unites us into the cooperative family. Our present and future success depends on the creative and dedicated employee of our company who demonstrate Trico’s Core Values of: Service, Dependability, Innovation, and Integrity.
Be part of a community that’s driven to meet the needs of the present while contributing to a sustainable future.
Trico is located in Marana, Arizona where we enjoy 300+ days of sunshine each year, majestic mountain ranges, and mild winters perfect for cycling, hiking, and golfing.
May 2, 2022 – May 13, 2022 – applications must be received by 12:00 PM PST
(A resume and cover letter addressing your skills and qualifications necessary for this role is strongly encouraged.)
ABOUT THE POSITION:
The Chief Financial Officer (CFO) reports directly to the Chief Executive Officer/General Manager and is a strategic business partner and key member of the Senior Management Team. The position is responsible for the accounting and financial functions of the organization, including maintaining the financial statement and report preparation, cash management, regulatory accounting, plant/construction, budgeting, and financial forecasting. Ensures that we maintain an adequate system of accounting records, assuring comprehensive internal controls and processes to mitigate risk.
KEY ROLES AND RESPONSIBILITIES:
This is a high visibility role that will entail monthly presentations to the Board of Directors, as well as regular presentations to various employee groups within the business.
Oversees the financial forecasting functions of the Cooperative which includes sales and purchasing projections.
Assists the CEO and other Senior Staff redesigning, modifying, and establishing rates.
Manages the Company's financing needs, maintenance, and new issuance.
Maintains strong relationships with creditors and the rating agencies.
Directs preparation of the Company's annual budget, financial plan and financial forecast.
Ensures financial controls and works with our outside auditors on a successful audit and preparation of year-end statements.
Ensures Trico remains in compliance with lending covenants and Rural Utilities Service regulations.
Ensures Trico and our subsidiary organizations remain compliant with the federal and state tax authorities; works with various agencies in handling compliance audits.
Responsible for oversight of the Company's various local, state and federal tax reporting and compliance, including preparation of income tax returns, property tax returns, sales and use tax returns, etc.
Responsible for the accounting internal control environment and identifying opportunities for process improvement.
Maintains appropriate accounting policies and procedures.
The CFO may make presentations and testify to the Arizona Corporation Commission.
Bachelor’s Degree in accounting or finance with a minimum 10 years (extensive) diverse, progressive, and relevant experience is required. CPA license and/or Master’s degree is strongly preferred. Must have excellent written and verbal communication skills and can present information to all levels in the organization. Electric utility background and experience testifying in rate proceedings in a regulated environment is desired.
We are committed to providing high quality market competitive benefits to our employees at an affordable cost. Trico offers a comprehensive benefits package that provides affordable health care coverage, encourages employee wellness, provides income protection in the event of death or disability and helps you save for retirement.
Trico Electric Cooperative Inc. is a non-profit electric distribution cooperative serving more than 45,000 Members in rural areas surrounding the City of Tucson, including portions of Pima, Pinal, and Santa Cruz counties. The majority of Trico’s service territory is to the west of Tucson and spans approximately 66 miles east to west and 80 miles north to south, extending to the border with Mexico. Overall, Trico’s service area encompasses 2,346 square miles.
Area farmers and ranchers organized Trico in 1945 under the Rural Electrification Act that was enacted to bring electricity to the rural areas of the United States. Three years later, Trico’s first electrical lines were energized. A Certificate of Convenience and Necessity issued by the Arizona Corporation Commission in 1966 provides Trico the exclusive right to provide electric distribution service in its territory. Between 1987 and the present, additional Certificates were issued for the SaddleBrooke and Oracle Junction areas, adding 32 square miles to the northern part of Trico’s service area.
At Trico, we believe that connection powers our purpose. This connection brings us together as a community – with the understan...ding that we can do more together than we could do by ourselves. We are able to support both our members and community through the Trico Foundation and The Trico Electric Charitable Trust.