Chief Financial Officer

Chief Financial Officer

Alaska Power Association is the unified voice of Alaska’s electric utilities, bringing together a close-knit, member-driven utility community whose work is essential to communities across the state. Alongside APA is ARECA Insurance Exchange (AIE), a member-owned insurance exchange created by Alaska utilities to provide critical, affordable coverage and share the benefits of strong underwriting and investment performance.
The next Chief Financial Officer joins at an important succession point. The role is employed by APA but is dedicated primarily to ARECA Insurance Exchange, where the financial and regulatory complexity is concentrated. The CFO will steward a combined investment portfolio exceeding $37 million across ARECA, APA and the ARECA Educational Foundation, while leading statutory and regulatory reporting, audits, budgeting, controls, investment reporting, administrative operations and selected human resources responsibilities.
This is not a large-company CFO role removed from the details. It is a hands-on leadership position in a small, collaborative organization where credibility is built through competence, judgment, accessibility and a willingness to pitch in. The successful candidate will become a trusted advisor to Executive Director Crystal Enkvist, multiple boards and trustees, staff, members, auditors, regulators, actuaries and investment partners.
Why this role matters
The CFO helps protect the financial strength of a member-owned insurance organization while supporting the statewide association that connects Alaska’s electric utility community. Success means accurate and timely reporting, clean audits and examinations, sound stewardship of assets, strong relationships, and practical financial counsel that helps boards and staff make good decisions.

Qualifications & Experience

• Bachelor’s degree in accounting, finance, business administration or a closely related field.

• Approximately ten years of progressively re­sponsible experience in accounting, finance, auditing, budgeting, financial reporting or administrative management, including per­sonnel supervision.

• Experience in the insurance industry, includ­ing working knowledge of Statutory Account­ing Principles (SAP), statutory financial state­ments and insurance regulatory reporting.

• Experience preparing or overseeing reporting for regulatory or rating organizations such as a state insurance department, NAIC or AM Best.

• Experience leading budget development, au­dit preparation, financial analysis and internal controls.

• Experience working with boards, trustees, executive leadership, committees, mem­ber-based organizations or insurance pools strongly valued.

• Experience with investment portfolios and asset managers preferred.

• Advanced degree and/or relevant credentials such as CMA, CGMA, CPCU, ARM or compara­ble certification are valued but not required.

This is an in-office leadership role, Monday through Friday, reflecting the importance of presence, accessibility and relationship-building. Occasional travel to remote Alaska communities may be required, including travel by small aircraft. Candidates from outside Anchorage may be considered; relocation assistance may be available for the right candidate.
 

Scott Rabinowitz
Scott@HerdFreedHartz.com
206-299-2138
Fred Pabst
Fred@HerdFreedHartz.com
206-299-2140