Fractional Chief Development Officer Jobs in Indiana

What You’ll Get

• No Sweat – We offer a wellness program that includes a payroll credit for medical insurance, an on‑site fitness center for your convenience and extra vacation days for participating. We’ll even throw in a fitness device reimbursement to keep you on track!
• Flex Time – Our flexible schedule means you can work in your appointments or family events and maintain a comfortable work‑life balance.
• Stay in School – We value employees who have a desire to learn, so we provide funds for continuing education. We also offer in‑house training and ongoing development through our internal GROW program.
• Keep it Casual – When you work for us, you work in comfort. Blue jeans are the norm in our office, and we make them look good!
• Work Hard, Play Hard – We reward our employees with generous vacation time, to the tune of up to five weeks off a year. Even our new employees receive credit for prior work experience.

Job Description

The Chief Financial Officer (CFO) serves as the senior executive responsible for the financial integrity, long‑term financial strategy, and fiscal stewardship of the organization. The CFO provides strategic leadership over accounting, treasury, budgeting, forecasting, rate and regulatory finance, risk management, and financial reporting. The CFO ensures financial decisions support reliability, affordability, compliance with regulatory requirements, and long‑term system sustainability.

The CFO acts as a key advisor to the CEO and Board of Directors, translating complex financial, regulatory, and market considerations into clear, decision‑ready insights.

Key Responsibilities Financial Strategy & Leadership

• Lead development and execution of the organization’s long‑range financial strategy aligned with resource planning, capital investment, and system reliability objectives.
• Provide strategic financial guidance to the CEO and Board on power supply decisions, capital programs, financing strategies, and enterprise risk.
• Support integrated planning by aligning financial forecasts with load, fuel, power supply, and transmission assumptions.
• Oversight of all accounting functions, including general ledger, fixed assets, and financial close.
• Ensure accurate, timely, and transparent financial statements prepared in accordance with applicable accounting standards (e.g., GAAP, utility‑specific guidance and regulation).
• Establish and maintain strong internal controls and financial governance.

Treasury, Capital Structure & Financing

• Manage liquidity, cash flow forecasting, and banking relationships.
• Lead financing activities including debt issuance, credit facilities, hedging instruments, and compliance with loan covenants.
• Oversee relationships with lenders, bondholders, rating agencies, and governmental financing entities.

Rates, Regulatory & Member Rates

• Provide financial leadership for rate design and rate stability mechanisms.
• Support regulatory filings and proceedings by developing financial testimony, analyses, and exhibits.
• Ensure compliance with applicable state and federal regulatory requirements affecting utility finance.
• Partner with power supply, engineering, and regulatory teams to evaluate financial impacts of resource decisions.

Budgeting, Forecasting & Performance Management

• Oversight of the annual budgeting process and multi‑year financial forecasts.
• Monitor financial performance against budget, identify variances, and recommend corrective actions.
• Develop financial metrics and dashboards to support executive management and Board oversight.
• Support scenario analysis and stress testing related to fuel volatility, load changes, capital programs, and market risk.
• Oversee enterprise risk management (ERM) reporting and mitigation planning.
• Direct enterprise financial risk management, including fuel price risk, interest rate risk, credit risk, and liquidity risk.

Leadership & Organization Development

• Lead, mentor, and develop finance and accounting staff, fostering a culture of accountability, accuracy, and continuous improvement.
• Promote strong cross‑functional collaboration with operations, power supply, IT, and member services.
• Champion process improvement, automation, and effective use of financial systems and data.