Deputy Chief Financial Officer

Checotah Chamber of Commerce; Okmulgee, Northern (OK, KY); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Relocation assistance

Job summary

Checotah Chamber of Commerce seeks a Deputy CFO to lead the accounting team and drive accurate financial reporting for the cooperative and its subsidiaries. You will oversee audits, budgeting processes, and financial forecasting while partnering with senior leadership to strengthen financial governance.

Ideal candidates bring 10+ years in utility finance, strong FERC/banking experience, and a Bachelor’s in accounting; MBA preferred.

Qualifications

• Ten or more years of proven utility financial management experience.
• Broad knowledge of FERC accounting, budgeting, and banking activities with RUS, CFC and CoBank.
• Bachelor’s degree in accounting; MBA or related advanced degree preferred.

Responsibilities

• Oversee and direct members of the accounting department and provide leadership for accounting personnel.
• Ensure complete and accurate financial records and reports in compliance with policies and GAAP.
• Coordinate, oversee, and manage the annual audit process with external auditors.
• Develop business plans and programs as a strategic partner to leadership.
• Prepare the annual budget, financial plan, and forecasts; analyze monthly results.

Skills

Leadership

Financial management

FERC accounting

Budgeting

RUS

CoBank

NISC software

Education

Bachelor's degree in Accounting

MBA or advanced degree preferred

Tools

NISC software tools

Job description

Supporting business, community, and tourism throughout Checotah and the greater Checotah area.

Welcome to Checotah

Checotah is a community with deep roots, local pride, and plenty happening throughout our town and surrounding area.

Whether you’re looking for a local business or service, planning a visit, exploring our history, considering Checotah for your family or business, or looking for ways to get involved, you’re in the right place.

Explore Checotah, support local, and get connected.

Reporting directly to the Vice President of Finance and Accounting. This position plays a pivotal leadership role within this fast-moving, multifaceted organization. Deputy CFO oversees the functional areas of accounting, leading a talented team of professionals. Beyond operational oversight, the CFO is a key strategic partner responsible for advancing the Coops mission, supporting long term organizational goals, and ensuring financial excellence across the cooperative and its subsidiaries. This role offers the rare opportunity to help shape the future of an innovative cooperative at the intersection of electric, transmission, broadband, and solar industries.

Accounting Duties and Responsibilities:

• Oversee and direct members of the accounting department and provides leadership for the actions of accounting personnel in completing assigned tasks.
• Ensure complete and accurate financial records and reports exist in accordance with established Cooperative Accounting Policies and Procedures, in accordance with RUS and FERC Uniform System of Accounts and Generally Accepted Accounting Principles that contribute to efficient management of the Cooperative.
• Responsible for the internal control environment of the accounting department and identifying opportunities for process improvement.
• Coordinate, oversee, and manage the annual audit process with external auditors.
• Work closely with VP Finance & Accounting, CEO and leadership management team in the development of business plans and programs as a strategic partner, particularly from the perspective of the cooperative’s finances.
• Maintain positive professional relationships with customers, lenders, auditors, developers, contractors, community and professional organizations, and government agencies.
• Direct the maintenance of the general ledger, accounting files, and related subsidiaries.
• Prepare the annual budget, financial plan, and financial forecasts for the Cooperative. Responsible for analysis of financial and operational results each month.
• Responsible for the preparation of monthly financial and statistical reports for the Board and management. Present financial results at monthly board meetings.
• Responsible for financial reporting and preparation of related reports for Federal, State, and Local agencies, such as FERC, IRS, State Department of Taxation, etc. Responsible for keeping the company within compliance with the various agencies.
• Responsible for cash management for the Cooperative. Monitor cash flow daily and make funds transfers as appropriate.
• Communicate with financial institutions concerning debt activities. Oversee all loan portfolios. Secure workers comp insurance to ensure the Cooperative is adequately protected against loss.
• Oversee the allocation and retirement of patronage capital credits in accordance with Bylaws and Board policies.
• Advise departments as to proper accounting procedures and safeguarding of assets.
• Work with CEO in measuring and monitoring key performance indicators, driving performance for all departments and businesses.
• Assist the CEO and other leadership staff in redesigning, modifying, and establishing rates.
• Participate in the development of the Cooperative’s strategic plan.

THE SUCCESSFUL CANDIDATE

The ideal candidate will offer ten or more years of proven ability and progressive utility financial management experience, preferably in a cooperative environment. East Central is most focused on candidates who possess broad knowledge and expertise in FERC accounting, budgeting, banking activities with RUS, CFC and CoBank, taxes, utilization of NISC software tools, and other financial matters.

Additional experience providing warehouse and procurement support services is beneficial. A bachelor’s degree in accounting is preferred, as is an advanced degree in business administration. Candidates who possess an equivalent combination of education and experience may be considered.

Of paramount importance is leadership capabilities with outstanding interpersonal and communication skills. Candidates must be of the highest integrity with the ability to build credibility, trust, and support with the Board of Directors, the CEO, peers, employees, and the membership. The candidate must possess proven managerial skills with the ability to hire, develop, and delegate to employees, maintaining a sense of teamwork and common purpose, while ensuring strong financial performance. He or she must be willing to collaborate with other managers to achieve strategic objectives and must be willing to engage in hands-on activities as a “working manager.” A strong commitment to customer service is essential, as is support of the seven cooperative principles .

COMPENSATION, BENEFITS, AND RELOCATION

The compensation package is competitive and dependent upon qualifications and experience. East Central participates in the defined- benefit National Rural Electric Cooperative Association (NRECA) Retirement Security Plan (RS Plan) and the defined-contribution 401(k) plan. East Central provides post-retirement medical and life benefits for eligible employees.

Checotah, Oklahoma is a hidden gem for visitors seeking small-town charm, history, and outdoor adventure. Located near Lake Eufaula—one of Oklahoma’s premier recreational destinations—Checotah offers fishing, boating, camping, and scenic views just minutes away.

Visitors can explore the city’s historic downtown, browse antique shops, enjoy local dining, and learn about the area’s heritage through museums and cultural landmarks. Known as the " Steer Wrestling Capital of the World,",Checotah celebrates its rodeo roots and Western traditions, while also being the hometown of country music star Carrie Underwood.