CHIEF FINANCIAL OFFICER

PROFILE

The Chief Financial Officer (CFO) reports to the Chief Executive Officer and serves as a key member of the executive leadership team developing and maintaining strategic direction for Seminole while leading the general oversight and performance of Seminole’s financial and corporate services functions. Three direct reports to the CFO manage the functions of accounting services; treasury, budgeting, and financial analysis and planning; and supply, materials, and contracts management. The CFO serves as a primary financial interface to the Board of Trustees and Seminole’s Member leadership in the affairs of the G&T, providing clear and practical insight into financial performance, capital strategy, and enterprise risk. The role requires the ability to translate complex financial matters into concise and actionable information that supports effective governance and long‑term planning.

CONDITIONS AND REQUIREMENTS

The next Chief Financial Officer will join Seminole at a time of organizational stability, strong and consistent financial performance, and with a well-functioning team of peers and staff. Recent external audits completed successfully, internal reporting processes are sound, and experienced leadership is in-place across key financial functions. The organization is well-positioned to support a thoughtful and deliberate transition to a new financial leader. At the same time, Seminole is in a period in which several evolving conditions, both recent and anticipated, are shaping its financial and strategic direction. The successful completion of several key capital investments from the most recent strategic plan, the ongoing advancement of a new Integrated Resource Plan, sustained load growth, and increasing capital deployment requirements will require continued alignment between financial strategy and long‑term resource planning. The cooperative remains focused on maintaining competitive wholesale rates, preserving strong credit quality, and managing cost pressures associated with demand growth, fuel, transmission, and broader economic conditions. These priorities will require disciplined financial leadership and effective integration across the enterprise. Seminole operates within a highly engaged governance structure that reflects both Board oversight and active Member leadership involvement. The CFO will be expected to provide clear, practical financial insight that supports effective decision‑making while maintaining an appropriate balance between strategic input and operational execution. Ideal candidates will offer evidence of: Experience aligning financial strategy with long‑term planning and capital investment decisions in a utility or similarly capital‑intensive environment; Strong capability to guide and utilize data such as the outputs of financial forecasting, modeling, and performance management; An instinct to scenario plan and bring options to governance and leadership, collaboratively exploring options that bring ultimate benefit to membership; Experience managing debt, liquidity, and external financial relationships, including lenders and rating agencies; A disciplined approach to budgeting, cost control, and financial reporting; Credible comprehension of utility accounting, financial controls, and applicable regulatory frameworks; Experience with enterprise risk management and financial risk measurement; The ability to communicate complex financial matters clearly to executive leadership, Board members, and Member stakeholders; A collaborative leadership style and experience investing‑in and developing high‑performing teams as a mentor. The CFO will lead an established and capable finance organization and will be expected to build on its strengths through measured process improvement and continued evolution and integration of financial systems and data to support decision‑making. A bachelor’s degree in accounting, finance, or a related field is required. An advanced degree and/or professional certification (e.g., CPA or CFA) is preferred. While extensive experience is valued with at least 15 years with an energy organization to include substantive board and applicable strategic experience. Candidates must bring respect and appreciation for the cooperative business model.

BENEFITS AND RELOCATION

Seminole participates in two retirement plans administered by its national service organization, the National Rural Electric Cooperative Association (NRECA): the Retirement and Security Plan (RS Plan) which is a traditional defined benefit plan, and a defined contribution 401(k) Pension Plan. All employees are eligible to participate in the group health care coverage plan. Seminole provides national relocation through its designated moving company as well as coverage for temporary housing and related expenses. In addition, Seminole reimburses up to $5,000 in connection with the purchase of a new home.

TIMELINE

Resume submittals are preferred by May 15 First‑round virtual interviews by June 12 Finalist interviews completed by June 26 July‑August: ideal range for the new candidate to begin employment #J-18808-Ljbffr Duck River Electric Membership Corporation