Director of Finance & Administration

fti wifi โ€ข United State
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AI Summary

Lead financial activities for a rural telecommunications and internet company. Provide strategic financial leadership and oversight for accounting, budgeting, and regulatory reporting. Oversee admin & customer service teams.

Key Highlights
Lead all financial activities for a rural telecommunications and internet company
Provide strategic financial leadership and oversight for accounting, budgeting, and regulatory reporting
Oversee admin & customer service teams
Key Responsibilities
Lead and manage all accounting, finance, treasury, and financial reporting functions
Develop and implement financial strategies that support the companyโ€™s short- and long-term goals
Provide financial analysis and recommendations to the CEO/General Manager and Board of Directors
Prepare and present monthly, quarterly, and annual financial reports
Maintain strong internal controls and financial policies to safeguard company assets
Ensure compliance with Generally Accepted Accounting Principles (GAAP)
Direct the annual budgeting process for all company operations, including telecommunications, internet, wireless, and fiber services
Prepare financial forecasts, cash flow projections, and long-range business plans
Monitor actual performance against budget and provide variance analysis and corrective recommendations
Support department managers in developing budgets and tracking expenditures
Oversee general ledger, accounts payable, accounts receivable, payroll, fixed assets, and monthly close process
Ensure timely and accurate preparation of financial statements
Coordinate annual audits and work directly with external auditors
Manage banking relationships, debt schedules, and covenant reporting
Oversee preparation and filing of all required tax returns and regulatory reports
Ensure compliance with all financial reporting requirements related to telecommunications and internet operations
Oversee reporting for federal and state broadband grants, loans, and funding programs
Coordinate preparation of required documentation, reimbursement requests, matching fund reporting, and grant compliance
Maintain knowledge of telecommunications industry accounting practices, depreciation schedules, plant accounting, and cost allocations
Assist with regulatory filings and reporting requirements with federal, state, and local agencies
Lead financial planning for major capital projects including fiber deployment, wireless expansion, network upgrades, and facility improvements
Develop capital expenditure budgets and monitor project spending
Analyze project profitability, return on investment, and long-term financial impact
Support financing efforts for capital projects, including loans, grants, bonds, and lender presentations
Work closely with engineering and operations teams to evaluate project costs and timelines
Manage company cash flow, working capital, and liquidity
Monitor borrowing needs and recommend financing strategies
Evaluate financial risks and implement risk management practices
Oversee insurance, bonding, and financial protections for company operations and construction projects
Supervise and develop accounting and finance staff
Establish performance goals, provide coaching, and support professional development
Promote a culture of accountability, collaboration, and customer service
Work collaboratively with all departments to support company objectives
Currently position oversees company benefits, and some HR tasks
Technical Skills Required
GAAP Budgeting Forecasting Cash flow management Financial analysis Telecommunications industry accounting Plant accounting Depreciation Cost allocation methods Accounting software Spreadsheets ERP systems Microsoft Office
Benefits & Perks
Competitive salary based on experience plus annual bonus
Relocation package negotiable
Benefits include health insurance, retirement pension plan, paid time off, company vehicle or mileage reimbursement, training, and professional development
Free internet service if you live in a covered area
Discounted Cell service
Nice to Have
Strategic thinker with the ability to balance day-to-day financial management with long-term planning
Comfortable working in a fast-paced environment with multiple priorities and deadlines
Strong attention to detail and commitment to accuracy
Collaborative leader who works well with operations, engineering, sales, customer service, and executive leadership
Understanding of the mission and importance of providing reliable communications services to rural communities in Southwest Colorado

Job Description



Director of Finance & Administration Telecommunications and Internet Company โ€“ Southwest ColoradoPosition Summary

The Director of Finance is responsible for leading all financial activities for a rural telecommunications and internet company serving Southwest Colorado. This position provides strategic financial leadership and oversight for accounting, budgeting, payroll, billing, forecasting, cash flow management, regulatory reporting, capital planning, grant administration, and financial support for broadband and fiber deployment projects. Overseeing admin & customer service teams.

The Director of Finance works closely with the Chief Executive Officer, General Manager, Board of Directors, department managers, outside auditors, lenders, and regulatory agencies to ensure the financial strength and long-term sustainability of the company.

This role is especially important in supporting the unique needs of a rural telecommunications provider, including broadband expansion, grant-funded projects, capital-intensive infrastructure investments, and compliance with state and federal telecommunications regulations.

About the Company

Farmers Telephone started as a mutual coop in 1920. It is now a for profit company based out of Pleasant View CO. Its subsidiary Farmers Telecommunications (dba FTI WIFI) is a growing CLEC based out of Cortez CO. ย With a unified customer view known as FTI WIFI the company currently serves Internet, Voice, Cell Phone service, across Montezuma, Dolores, & La Plata Counties in SW Colorado.



Essential Duties and ResponsibilitiesFinancial Leadership

ยทย ย ย ย ย ย ย Lead and manage all accounting, finance, treasury, and financial reporting functions.

ยทย ย ย ย ย ย ย Develop and implement financial strategies that support the companyโ€™s short- and long-term goals.

ยทย ย ย ย ย ย ย Provide financial analysis and recommendations to the CEO/General Manager and Board of Directors.

ยทย ย ย ย ย ย ย Prepare and present monthly, quarterly, and annual financial reports.

ยทย ย ย ย ย ย ย Maintain strong internal controls and financial policies to safeguard company assets.

ยทย ย ย ย ย ย ย Ensure compliance with Generally Accepted Accounting Principles (GAAP).

Budgeting and Forecasting

ยทย ย ย ย ย ย ย Direct the annual budgeting process for all company operations, including telecommunications, internet, wireless, and fiber services.

ยทย ย ย ย ย ย ย Prepare financial forecasts, cash flow projections, and long-range business plans.

ยทย ย ย ย ย ย ย Monitor actual performance against budget and provide variance analysis and corrective recommendations.

ยทย ย ย ย ย ย ย Support department managers in developing budgets and tracking expenditures.

Accounting and Financial Reporting

ยทย ย ย ย ย ย ย Oversee general ledger, accounts payable, accounts receivable, payroll, fixed assets, and monthly close process.

ยทย ย ย ย ย ย ย Ensure timely and accurate preparation of financial statements.

ยทย ย ย ย ย ย ย Coordinate annual audits and work directly with external auditors.

ยทย ย ย ย ย ย ย Manage banking relationships, debt schedules, and covenant reporting.

ยทย ย ย ย ย ย ย Oversee preparation and filing of all required tax returns and regulatory reports.

Telecommunications and Regulatory Compliance

ยทย ย ย ย ย ย ย Ensure compliance with all financial reporting requirements related to telecommunications and internet operations.

ยทย ย ย ย ย ย ย Oversee reporting for federal and state broadband grants, loans, and funding programs, including programs such as:

oย ย BEAD

oย ย ReConnect

oย ย USDA Rural Utilities Service

oย ย FCC Universal Service Fund programs

oย ย Colorado broadband grants

ยทย ย ย ย ย ย ย Coordinate preparation of required documentation, reimbursement requests, matching fund reporting, and grant compliance.

ยทย ย ย ย ย ย ย Maintain knowledge of telecommunications industry accounting practices, depreciation schedules, plant accounting, and cost allocations.

ยทย ย ย ย ย ย ย Assist with regulatory filings and reporting requirements with federal, state, and local agencies.

Capital Planning and Infrastructure Projects

ยทย ย ย ย ย ย ย Lead financial planning for major capital projects including fiber deployment, wireless expansion, network upgrades, and facility improvements.

ยทย ย ย ย ย ย ย Develop capital expenditure budgets and monitor project spending.

ยทย ย ย ย ย ย ย Analyze project profitability, return on investment, and long-term financial impact.

ยทย ย ย ย ย ย ย Support financing efforts for capital projects, including loans, grants, bonds, and lender presentations.

ยทย ย ย ย ย ย ย Work closely with engineering and operations teams to evaluate project costs and timelines.

Cash Flow and Risk Management

ยทย ย ย ย ย ย ย Manage company cash flow, working capital, and liquidity.

ยทย ย ย ย ย ย ย Monitor borrowing needs and recommend financing strategies.

ยทย ย ย ย ย ย ย Evaluate financial risks and implement risk management practices.

ยทย ย ย ย ย ย ย Oversee insurance, bonding, and financial protections for company operations and construction projects.

Team Leadership

ยทย ย ย ย ย ย ย Supervise and develop accounting and finance staff.

ยทย ย ย ย ย ย ย Establish performance goals, provide coaching, and support professional development.

ยทย ย ย ย ย ย ย Promote a culture of accountability, collaboration, and customer service.

ยทย ย ย ย ย ย ย Work collaboratively with all departments to support company objectives.

ยทย ย ย ย ย ย ย Currently position oversees company benefits, and some HR tasks.



QualificationsEducation

ยทย ย ย ย ย ย ย Bachelorโ€™s degree in Accounting, Finance, Business Administration, or related field preferred.

ยทย ย ย ย ย ย ย CPA, CMA, MBA, or other advanced financial credential preferred.

Experience

ยทย ย ย ย ย ย ย Minimum of 7โ€“10 years of progressively responsible accounting or finance experience.

ยทย ย ย ย ย ย ย Minimum of 3โ€“5 years of management or leadership experience.

ยทย ย ย ย ย ย ย Experience in telecommunications, broadband, internet service provider, utility, or infrastructure-related industries strongly preferred.

ยทย ย ย ย ย ย ย Experience with grant-funded projects, capital construction, and rural utility finance preferred.

ยทย ย ย ย ย ย ย Experience with financial management of broadband, fiber, wireless, or telecommunications operations is highly desirable.

Knowledge, Skills, and Abilities

ยทย ย ย ย ย ย ย Strong knowledge of GAAP, budgeting, forecasting, cash flow management, and financial analysis.

ยทย ย ย ย ย ย ย Knowledge of telecommunications industry accounting, plant accounting, depreciation, and cost allocation methods.

ยทย ย ย ย ย ย ย Familiarity with federal and state broadband funding programs and grant compliance requirements.

ยทย ย ย ย ย ย ย Strong understanding of rural telecommunications operations and the challenges of serving remote communities.

ยทย ย ย ย ย ย ย Excellent leadership, communication, and interpersonal skills.

ยทย ย ย ย ย ย ย Strong analytical and problem-solving abilities.

ยทย ย ย ย ย ย ย Ability to prepare and present financial information clearly to management and the Board of Directors.

ยทย ย ย ย ย ย ย Proficiency with accounting software, spreadsheets, ERP systems, and Microsoft Office.

ยทย ย ย ย ย ย ย Ability to maintain confidentiality and exercise sound judgment.



Preferred Characteristics

ยทย ย ย ย ย ย ย Strategic thinker with the ability to balance day-to-day financial management with long-term planning.

ยทย ย ย ย ย ย ย Comfortable working in a fast-paced environment with multiple priorities and deadlines.

ยทย ย ย ย ย ย ย Strong attention to detail and commitment to accuracy.

ยทย ย ย ย ย ย ย Collaborative leader who works well with operations, engineering, sales, customer service, and executive leadership.

ยทย ย ย ย ย ย ย Understanding of the mission and importance of providing reliable communications services to rural communities in Southwest Colorado.



Work Environment

ยทย ย ย ย ย ย ย Position is based in Southwest Colorado.

ยทย ย ย ย ย ย ย Primarily office-based with occasional travel to company facilities, project sites, meetings, and conferences.

ยทย ย ย ย ย ย ย May require attendance at evening Board meetings or community meetings.



Compensation and Benefits

ยทย ย ย ย ย ย ย Competitive salary based on experience plus annual bonus.

ยทย ย ย ย ย ย ย Relocation package negotiable.

ยทย ย ย ย ย ย ย Benefits include health insurance, retirement pension plan, paid time off, company vehicle or mileage reimbursement, training, and professional development.

ยทย ย ย ย ย ย ย Free internet service if you live in a covered area.

ยทย ย ย ย ย ย ย Discounted Cell service.



Reports To

Chief Executive Officer / General Manager

Supervises

Accounting, payroll, accounts payable, accounts receivable, and other finance department personnel as assigned.

Required Background check and drug test before employment.ย 



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