Tri-State Generation and Transmission Association, Inc. Looking for Vice President Finance at Westminster, CO Full Time

Actively promote and develop actions to fulfill Tri-State’s mission to provide Member Systems with a reliable, affordable, and responsible supply of electricity in accordance with cooperative principles.

Under leadership from the Senior Vice President, CFO, lead respective business functions, meet associated position accountabilities, demonstrate managerial engagement and associated responsibilities, and promote enterprise advocacy and appropriate business function alignment through management and direction of Corporate Finance and Treasury, Supply Chain Services, and Insurance.

Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes:

Medical Insurance, Dental Insurance, Vision Insurance Health Savings Account (HSA), Flexible Spending Accounts (FSA), Tuition Reimbursement, Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 50%, Life Insurance, 401K, Long Term Disability (LTD), Short Term Disability (STD), Employee Assistant Program (EAP) and Paid Leave Benefits.

Vice President Finance

Minimum Salary: $227,843

Actual compensation offer to candidate may vary outside of the posted hiring salary range based upon work experience, education, and/or skill level.

Responsibilities

• Responsible for managing and overseeing the following functions:
• Corporate Finance and Treasury: manage and oversee all areas of Corporate Finance, Treasury, and Credit Risk. Assist Senior VP, CFO in developing strategies, plans and programs and in the development and execution of Board Policy 503 (Tri-State financial goals policy). Oversee interface between Tri-State and bond holders, banks and rating agencies and short-term and long-term cash flow forecasting. Oversee all areas of cash management (treasury). Ensure compliance with all company financial programs and reporting. Ensure credit risk program meets established financial objectives and ensure maintenance and administration of reports involving credit risk performance.
• Supply Chain Management: manage and oversee all areas of Supply Chain including procurement, contracting, inventory, and accounts payable.
• Insurance: manage and oversee all areas of company’s Insurance Management policies, programs and procedures. Oversee the company’s insurance needs, plan appropriate strategies to meet those needs and effect the procurement of appropriate insurance and self-insured coverages.
• Leadership
• Help develop and actively promote Tri-State leadership norms and demonstrate effective decision making.
• Model enterprise first behavior, expect same from colleagues, and instill same in all direct reports and all indirect and support personnel.
• Conduct professional development planning, set priorities and rebalance priorities as needed to ensure company priority direction, with all direct reports, and evaluate according to plan and unforeseen events.
• Set high standards for all strategic planning, quality control, and cost containment.
• Management
• Collaboration: Foster and support collaboration among peers, employees, teams, lines of business, departments, etc. in order to ensure the effective and efficient achievement of goals and objectives.
• Training: Ensure that training and development needs for each employee have been identified and that adequate learning opportunities are provided. Ensure that managers provide coaching and mentoring opportunities as appropriate.
• Delegation: Ensure that managers effectively delegate, set expectations, obtain accountabilities, establish priorities, monitor and balance workload requirement and oversee assigned staff and vendors so that the goals and objectives of each delegated area are achieved.
• Forecasting, measurement and continuous improvement: Ensure that team and individual employee execution is evaluated against established goals and objectives for all accountabilities. Ensure delegated functions effectively forecast work and resource needs, including human, capital and physical resources, and recommend annual budgets to meet goals and objectives aligned to support enterprise strategies goals and objectives. Actively monitor performance against budget and identifies variances.
• Advocacy
• Model and accept nothing short of an effective safety and compliance culture.
• Demonstrate and coach shared responsibilities and individual accountabilities with peers and direct reports and all indirect support personnel.
• Practice and require sound use of all membership resources and finances and require direct reports to effectively forecast and justify budgets and variances on a regular basis.
• Exhibit industry leadership and expect high levels of content expertise from peers and direct reports.
• Maintain compliance with all company policies and procedures and attain knowledge and remain knowledgeable of regulations, laws, standards, and best practices applicable to functional area.
• Because Tri-State has an obligation to provide continuous, reliable electric service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job.

Qualifications

Education and Training:

• Bachelor degree in Finance, Business Administration, or other related degree.

Knowledge, Skills, And Ability

• Strong organizational planning, project management, and presentation skills.
• Strong facilitation skills and a clear ability to build strong relationships with business stakeholders at all levels.
• Strategic long-term planning and goal-setting to anticipate future opportunities and issues.
• Excellent written and verbal communication skills.
• Strong, proven problem-solving skills and the ability to identify, analyze, and resolve problems, driving solutions through to completion.
• Demonstrated ability to effectively lead teams, delivering high performance and customer satisfaction.

Experience

• Fifteen (15) years of related experience involving electric cooperative operations or electric utility related experience.
• Six (6) years in a senior leadership capacity.

Other

• Willingness to travel as required for training and meetings.
• Must be able to perform all essential functions of the job.

Desired Job Qualification

• MBA preferred.

About Us

Tri-State is a wholesale power supply cooperative, operating on a not-for-profit basis, with 45 members, including 42 utility electric distribution cooperative and public power district members in four states: Colorado, Nebraska, New Mexico and Wyoming. Together with its members, Tri-State delivers reliable, affordable and responsible power and energy services to more than a million electricity consumers across nearly 200,000 square miles of the West.

Tri-State was founded in 1952 by its member systems to provide a reliable, cost-based supply of electricity. Headquartered in Westminster, Colo., approximately 1,200 people are employed by Tri-State across five states.

Tri-State’s electricity is generated from coal, natural gas and hydropower, with a rapidly increasing supply generated from wind and solar. Tri-State delivers power to its members through a transmission system that includes substation facilities, telecommunications sites and over 5,700 miles of high voltage transmission lines. Tri-State’s transformative Responsible Energy Plan is reducing emissions, increasing renewable resources, developing new energy services and delivering more flexibility for its members.

Job Identification: 42

Job Category: Executive

Posting Date: 2023-12-27T21:22:00+00:00

Job Schedule: Full time

Hiring Salary Range: Minimum: $227,843

Locations: 1100 W 116th Ave, Westminster, CO, 80234, US