Chief Financial Officer

At La Plata Electric Association, our mission is to provide our members safe, reliable electricity at the lowest reasonable cost while being environmentally responsible. We are Member Powered, Future Focused and a National Leader. It is our strategic goal to ensure our members, on average, pay less for electric service than 70% of Colorado cooperatives and that by 2030 we reduce our carbon emissions by more than 80% of our 2005 levels, surpassing the state climate goals.

The Chief Financial Officer (CFO) is a senior executive responsible for the financial stewardship, sustainability, and integrity of the electric cooperative’s transmission and distribution operations. As a key member of the executive leadership team, the CFO ensures the cooperative’s financial resources are managed in a manner consistent with cooperative principles, regulatory requirements, and the long‑term interests of the member‑owners.

Reporting to the Chief Executive Officer (CEO), the CFO serves as the primary financial advisor to executive leadership and the Board of Directors, providing transparent, accurate, and strategic financial guidance to support reliable electric service, infrastructure investment, and member affordability.

• Lead financial strategy in alignment with the cooperative’s mission to provide safe, reliable, and affordable electric service to its member‑owners.
• Ensure financial decisions reflect not‑for‑profit cooperative principles, long‑term system sustainability, and equitable treatment of members.
• Support capital credit planning, multi‑year capital planning, margins management, and patronage allocation strategies.
• Direct all accounting, financial reporting, and internal control functions in accordance with GAAP and cooperative finance standards.
• Ensure timely preparation of financial statements, management reports, and board materials that clearly communicate financial performance and risks.
• Coordinate annual financial audits and manage relationships with external auditors and financial advisors.
• Optimize energy and transmission market settlement processes and ongoing evaluation of energy and transmission market opportunities and PPAs.

• Lead development and oversight of the cooperative’s annual operating and capital budgets for transmission and distribution systems.
• Lead development and oversight of the cooperative's long‑term financial forecasts.
• Monitor financial performance and recommend adjustments to maintain financial stability and board‑established financial metrics.
• Support cost‑of‑service studies, rate design, and financial modeling to ensure rates are fair, equitable, and sufficient to support system operations and capital needs.

• Oversee long‑range financial planning to support system maintenance, modernization, resilience, and growth.
• Oversee cash management, investments, and banking relationships in accordance with board policy and cooperative best practices.

• Ensure compliance with financial, tax, and reporting requirements applicable to electric cooperatives.
• Support financial aspects of regulatory filings, power supply agreements, and contractual obligations.
• Identify and manage financial risks, including interest rate exposure, load variability, and capital funding constraints.
• Support the ongoing development of LPEA’s Energy Risk Management Policy (ERMP) and participate on the Energy Risk Management Committee (ERMC) providing continual evaluation to achieve optimal market exposure and hedging strategies.
• Serve as a trusted financial advisor to the CEO and Board of Directors, presenting complex financial information in a clear, transparent, and member‑focused manner.
• Serve as a member of the Financial Audit Committee.
• Support board education on cooperative finance, rates, margins, and long‑term financial planning.
• Lead, mentor, and develop finance and accounting staff, fostering a culture of accountability, transparency, and service.

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 10…