Presque Isle Electric & Gas Co-op, a not-for-profit, electric and natural gas distribution utility providing service to over 40,000 member/owners in 9 counties in Northeast Michigan and headquartered in Onaway, Michigan, is looking for enthusiastic, service-oriented individual for the following position(s):
Chief Financial Officer
Presque Isle Electric & Gas Co-op, Inc. (PIE&G) seeks an experienced leader to replace its current Chief Financial Officer.
Onaway is the “Sturgeon Capital of the Michigan” and located in the northeast section of Michigan’s Lower Peninsula. With a population of approximately 1,000, it is located about 250 miles north of Detroit, MI. Onaway offers a wide range of recreational activities which include camping, fishing, golf, boating, snowmobiling, and hunting. Northeast Michigan is a great place to live, work and raise a family.
PIE&G’s annual revenues are about $35M for electricity and $10M for natural gas; utility plant investment is $100M for electric and $30M gas and owns and operates over 5,000 miles of distribution electric lines and more than 500 miles of natural gas pipeline. The service area is primarily rural, residential, and agricultural. In 2016 total energy sales were about 239,000,000 kWh and 6,700,000 ccf.
PIE&G is governed by a 9 member board of directors. The board meets monthly and sets strategy and policy for the organization.
The Chief Financial Officer reports directly to the Chief Executive Officer and serves as a vital member of the Senior Leadership Team. The CFO directs and coordinates the Finance, Administrative and Member Services functions of the Cooperative. In addition, the CFO directs short and long range financial planning and provides strategic direction to the board of directors.
The ideal candidate will have extensive experience dealing with energy, regulatory and financial issues at a rural electric cooperative.
This position requires skill and leadership in managing diverse functions and developing an operation with enhanced awareness of cost efficiency and safety.
A full job description is available upon request.The desirable candidate will hold a bachelor’s degree in accounting or finance and at least 10 years of progressive management experience in the electric utility industry. A graduate degree in business, finance, or a related field, is a plus.
PIE&G offers a comprehensive NRECA benefits package and competitive pay. Application packages including a cover letter, resume, and salary requirements must be submitted no later than July 15, 2017.