Chief Financial Officer
National Rural Electric Cooperative Association
Position Summary At NRECA, we power more than just communities—we power progress. As the national trade association representing over 900 consumer-owned electric cooperatives, we shape the future of energy across the country. Our employees are united by a shared mission, a collaborative and inclusive culture, and a commitment to innovation and service excellence. NRECA seeks a strategic leader to serve as a collaborative member of the senior leadership team and to lead the continued transformation of NRECA's finance function. Highly collegial with a proven ability to optimize an organization's people, processes, and technology, this leader will support a strong culture and high-performing team that engages across the NRECA enterprise. The executive will translate knowledge from across professional experiences to support organizational decision-making. This role oversees the finance function for the association, its subsidiaries and affiliated entities, three multi-employer pension and welfare plans, and the Homestead Mutual Funds. The executive leads a team of 64 and is responsible for the stewardship of NRECA's $290 million budget. The successful CFO candidate will be a seasoned CFO or equivalent financial executive with a track record of leadership in complex organizations across private and/or nonprofit sectors. This role requires a business-driven finance leader with experience leading scalable teams and financial organizations of similar complexity. NRECA has engaged executive search firm Russell Reynolds to assist in finding the right leader. If you are interested and qualified, please email the search firm directly at View email address on click.appcast.io. Salary range: $500,000 - $615,000 annually with a 20% incentive opportunity. Final compensation determined by qualifications, experience, and internal equity. Key Responsibilities Leads the development and execution of strategic planning to enhance NRECA's ability to deliver on its mission by optimizing its financial position. Leads the finance department to engage across the enterprise, aligning capabilities and capacity to optimize performance. Drives technological innovation in a complex, highly regulated service environment. Ensures robust financial functions including internal controls, planning, forecasting and analysis, balance sheet and cash flow management, audit, and taxes. Oversees Strategic Sourcing and Procurement (SSP) strategies and operations to support all NRECA business operations. Leads a data-driven budgeting and financial forecasting process to support organization-wide decision making and strategic planning. Ensures accounting policies, procedures, and internal controls meet high standards of integrity, transparency, and compliance. Oversees cash management and treasury functions. Collaborates on leasing NRECA buildings to maximize long-term occupancy and minimize vacancy risks. Oversees the optimization and integration of Workday ERP accounting and budget systems to improve efficiencies and automation. Maintains awareness of new accounting concepts, SEC rules, GAAP, tax laws, and NRECA policies to ensure compliance. Qualifications Formal Education Required: Bachelor's degree in Accounting, Finance, or related field. Master's degree preferred with additional training in finance-related information systems and procedures. Experience and Certifications Required: 10+ years progressively senior management experience in finance and accounting. Broad finance background with strength in accounting and FP&A. Prior public accounting experience; nonprofit, government contracting, and ERISA experience a plus. In terms of performance and personal competencies, the following abilities are highlighted: Strategic Thinking & Setting Financial Strategy Develop and lead a finance strategy that drives transformation of a complex organization. Serve as a strategic thought partner to the CEO, senior leadership, and Boards. Analyze data to support decisions and create strategic alignment. Be entrepreneurial and creative, developing innovative ideas and driving continued innovation. People Leadership Attract, recruit, motivate, and develop top talent while fostering a strong culture. Align resources, talent, processes, and technology. Lead by example and drive continuous improvement. Relationships and Influence Build strong relationships, advise others, and communicate clearly and persuasively. Translate complex financial information into clear guidance. Exercise judgment and diplomacy while challenging assumptions constructively. Inspire a sense of purpose for the team. Executing for Results Lead with technical depth to devise and delegate decision-making processes. Set clear, challenging goals and drive results. Develop implementation plans and execute strategies effectively. Strengthen finance systems, processes, teams, and organizational design. Essential Physical Requirements Close visual acuity to prepare and analyze data, transcribe, and read extensively. Ability to exert up to 20 pounds of force occasionally and up to 10 pounds frequently; predominantly sedentary work. Disclaimer The preceding job description reflects essential functions as assigned by management and does not prescribe or restrict tasks that may be assigned. Additional Requirement All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status. NRECA is committed to providing reasonable accommodation to individuals with disabilities. If you need assistance, please email View email address on click.appcast.io or call View phone number on click.appcast.io for Arlington, VA or View phone number on click.appcast.io for Lincoln, NE opportunities. A determination on accommodation requests will be made case by case. The U.S. Equal Employment Opportunity Commission (EEOC) Know Your Rights poster and Pay Transparency provisions apply. E-Verify participation is required as a Federal Contractor. For more information, please visit #J-18808-Ljbffr
$220k - $275k
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