Job Information
Dairyland Power Cooperative Director of Rates and Financial Analysis in La Crosse, Wisconsin
Are you ready to join an organization where we focus on People First, have fun at work and make a difference in what we do?
Dairyland is proud of our People First culture centered around appreciation, celebrating wins and collaboration. We’ve worked hard to ensure alignment between our culture and our processes and systems, learning and development and rewards and recognition programs.
As a team, we work together to leverage the team’s diverse perspectives, ideas and experiences to deliver nothing less than the best. We are collaborative, transparent and committed to our People and their work experience, growth and professional development.
Hiring Salary Range: $141,485 - $212,768
Compensation is determined by a combination of factors, including but not limited to education, work experience, and certifications. The actual offer may vary, reflecting the candidate's unique blend of experience, educational background, and skill level.
The Director Rates and Financial Analysis will serve as a strategic partner to the Vice President and Chief Risk Officer (VP/CRO) and Executive Vice President and Chief Financial Officer (EVP/CFO) on all matters relating to Financial Analysis, including Rate Design and Strategy, Budgeting, and Long-Range Financial Forecasting. Will provide leadership and direction to ensure team is successful in accomplishing the cooperative strategic priorities, especially Financial and Competitive Strength.
ESSENTIAL JOB FUNCTIONS:
Develop, maintain, and adapt Dairyland’s Wholesale Rate Program, along with the wholesale power cost allocation system supporting the rates and special studies.
Supply strategic guidance for rate design issues, including coordination with the Dairyland Managers Association, their Financial Planning and Rates (FINPAR) committee, and individual co-op CEOs, along with the Dairyland Board of Directors and their Finance Committee.
Provide oversight and coordination with departments for annual budgeting and variance analysis; monitor adherence to approved budget and other financial metrics. This includes responsibility for finalizing a recommended budget and rate for Board approval.
Continuously improve financial modeling, forecasting, and reporting, both in process and technology, including keeping up with industry best practices.
Direct and manage the development and execution of plans in the areas of financial planning, rate development, and modeling of requirements for power supply costs/revenues, including both generation and transmission resource planning.
Support key decisions (e.g., prioritize new growth opportunities, magnitude, and timing of infrastructure investment, etc.) by leading the team to produce financial models and rate impacts needed for recommendations to the Executive Team.
Oversee long-term financial forecasting model, including preparing annual updates, analyzing special projects, and presenting results as needed. Support rating agency presentations, RUS, and other loan requests with financial forecast information.
Develop and coordinate a re-forecasting process that allows an on-going review of work-plan changes, adjustments to budget expectations, and year-end results, resulting in corrective actions and decisions to meet cooperative goals.
Lead, manage, and mentor direct and indirect reports, ensuring professional development to meet current and future business needs. Establish employee goals and conduct performance evaluations.
Other responsibilities as assigned.
NATURE AND EXTENT OF FINANCIAL RESPONSIBILITY: The development of the annual budget is an integral part of the cost/performance management system that directly affects the adoption and continuous adjustments to Dairyland’s $400+ million operating budget, as well as a capital budget which sometimes exceeds $100 million. The planning and infrastructure information system is critical to meet financial objectives and compete in an increasingly competitive industry.
MINIMUM QUALIFICATIONS:
Education & Experience: Bachelor’s Degree in Business Administration, Finance, or related field with 10 or more years of progressively responsible complex experience in management (accounting, budgeting, business/data analysis, finance, forecasting) preferably within the electric utility industry. MBA or CPA preferred.
Skills:
• Strong business/financial acumen, management, and visionary leadership skills
• Superior verbal, written and interpersonal communication skills, with the ability to interface effectively with individuals at various levels, both internal and external
• Proficient computer skills in Microsoft Office (Word, Excel, Outlook, Power Point)
• Strong analytical skills to support problem spotting, issue resolution and thought partnership with the CEO and Executive Team
• Ability to responsibly manage sensitive information and maintain confidentiality, both as it relates to business issues and as a partner to the CEO and Executive Team
• Strong financial modeling skills and the ability to create, translate, and communicate critical insights into analysis
• The ability to work independently, proactively, and demonstrate sound strategic judgment
• Ability to succeed in a complex environment where decision-making may be diffuse and ambiguous
• Proven success in developing a high-performing staff, establishing performance standards, and transitioning staff through organizational change
• Ability to collaborate, negotiate, and influence across all levels
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand/sit; walk; use hands/fingers to handle or feel; and reach with hands and arms. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
We are committed to providing our greatest asset, our People, with as many perks and benefits as possible. Some benefits of working with us include:
Health & disability benefits (medical, dental, vision, short & long-term disability)
Life insurance
Generous 401(k) and Pension Plans
Paid Time Off
Robust Wellness Program
New Flexible Work Program
Tuition Reimbursement
So much more!
Dairyland Power Cooperative is an equal opportunity employer. All applicants will be considered for employment without attention to race, age, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, contact our HR Department at 608-788-4000.
With headquarters in La Crosse, Wis., Dairyland is a generation and transmission cooperative that provides wholesale energy for 24 electric distribution cooperatives and 17 municipal utilities in Wisconsin, Minnesota, Iowa and Illinois.
At Dairyland, we know that happy employees are the backbone of any good organization. By offering an excellent compensation and benefits package, opportunities for career growth and a supportive environment, Dairyland helps ensure a quality business and premier workplace.
Dairyland Power Cooperative is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.