Job ID: MM536985911
Location: Muscatine, IA
Category: Executive & Management
Employment Type: Permanent
Date Added: 02/24/2026
Director, Finance & Administrative Services | $160,000–$190,000 Annual Base Salary | Full-Time | On-Site, Direct Hire
What Matters Most
• Competitive annual salary of $160,000–$190,000 based on experience
• Location: Muscatine, Iowa (residency required)
• Direct Hire opportunity with long-term executive stability
• Pension plan and comprehensive benefits package
• Strategic leadership role reporting directly to the General Manager with Board of Directors visibility
• Competitive annual salary of $160,000–$190,000 based on experience
• Location: Muscatine, Iowa (residency required)
• Direct Hire opportunity with long-term executive stability
• Pension plan and comprehensive benefits package
• Strategic leadership role reporting directly to the General Manager with Board of Directors visibility
Job Description
The Director of Finance & Administrative Services provides executive leadership for the Accounting & Finance and Supply Chain Services departments of a multi-utility municipal organization. Reporting to the General Manager and serving on the senior leadership team, this role directs financial strategy including budgeting, forecasting, debt issuance, investment management, rate design, and risk oversight. The position also oversees coal and natural gas procurement supporting electric generation operations and major capital initiatives. This is a highly visible, board-facing leadership role responsible for long-range financial planning, regulatory compliance, and ensuring the Utility’s continued financial strength and operational excellence.
The Director of Finance & Administrative Services provides executive leadership for the Accounting & Finance and Supply Chain Services departments of a multi-utility municipal organization. Reporting to the General Manager and serving on the senior leadership team, this role directs financial strategy including budgeting, forecasting, debt issuance, investment management, rate design, and risk oversight. The position also oversees coal and natural gas procurement supporting electric generation operations and major capital initiatives. This is a highly visible, board-facing leadership role responsible for long-range financial planning, regulatory compliance, and ensuring the Utility’s continued financial strength and operational excellence.
Responsibilities:
• Lead all accounting, financial reporting, payroll, budgeting, forecasting, investment, debt management, and internal control functions in compliance with GASB, GAAP, and regulatory standards
• Oversee supply chain services including purchasing, inventory management, public lettings, competitive bid processes, coal procurement, natural gas contracting, and fuel transportation logistics
• Direct cost-of-service studies, rate design recommendations, capital financing strategies, and long-term financial planning for electric, water, and telecommunications utilities
• Prepare and present financial reports to the Board of Trustees and chair Audit/Finance Committee meetings while maintaining relationships with auditors, bankers, advisors, and rating agencies
• Serve as Risk Manager, overseeing insurance programs, regulatory compliance, and financial controls while supporting continuous improvement and organizational development initiatives
• Lead all accounting, financial reporting, payroll, budgeting, forecasting, investment, debt management, and internal control functions in compliance with GASB, GAAP, and regulatory standards
• Oversee supply chain services including purchasing, inventory management, public lettings, competitive bid processes, coal procurement, natural gas contracting, and fuel transportation logistics
• Direct cost-of-service studies, rate design recommendations, capital financing strategies, and long-term financial planning for electric, water, and telecommunications utilities
• Prepare and present financial reports to the Board of Trustees and chair Audit/Finance Committee meetings while maintaining relationships with auditors, bankers, advisors, and rating agencies
• Serve as Risk Manager, overseeing insurance programs, regulatory compliance, and financial controls while supporting continuous improvement and organizational development initiatives
Qualifications and Requirements:
• Bachelor’s degree in Accounting or Finance required; CPA and/or MBA preferred
• Minimum of eight years of progressive financial management experience, preferably within a municipal or utility environment
• Strong knowledge of FERC, GASB, GAAP, municipal bond financing, investment vehicles, and utility rate structures
• Experience with MISO or similar electric markets, cost-of-service methodologies, and telecommunications financials preferred
• Executive-level communication skills with the ability to translate complex financial data into clear Board-level presentations
• Bachelor’s degree in Accounting or Finance required; CPA and/or MBA preferred
• Minimum of eight years of progressive financial management experience, preferably within a municipal or utility environment
• Strong knowledge of FERC, GASB, GAAP, municipal bond financing, investment vehicles, and utility rate structures
• Experience with MISO or similar electric markets, cost-of-service methodologies, and telecommunications financials preferred
• Executive-level communication skills with the ability to translate complex financial data into clear Board-level presentations
Benefits and Perks:
• Annual salary range of $160,000–$190,000
• Comprehensive medical, dental, and vision benefits
• Pension plan & paid holidays
• Leadership development and long-term growth within a stable municipal utility
• Annual salary range of $160,000–$190,000
• Comprehensive medical, dental, and vision benefits
• Pension plan & paid holidays
• Leadership development and long-term growth within a stable municipal utility
Your New Organization:
This established municipal utility serves the Muscatine community through electric generation and distribution, water services, and telecommunications operations. With approximately 265 employees, the organization maintains a long-tenured, team-oriented workforce and a culture centered on financial stewardship, operational excellence, and community engagement. Ongoing infrastructure investments, including natural gas generation and fiber services, position the Utility for continued stability and growth.
This established municipal utility serves the Muscatine community through electric generation and distribution, water services, and telecommunications operations. With approximately 265 employees, the organization maintains a long-tenured, team-oriented workforce and a culture centered on financial stewardship, operational excellence, and community engagement. Ongoing infrastructure investments, including natural gas generation and fiber services, position the Utility for continued stability and growth.
Your Career Partner:
The Reserves Network, a veteran-founded and family-owned company, specializes in connecting exceptional talent with rewarding opportunities. With extensive industry experience, we are dedicated to helping you achieve your professional goals and shine in your field. The Reserves Network values diversity and encourages applicants from all backgrounds to apply. As an equal-opportunity employer, we foster an environment of respect, integrity, and trust in every aspect of employment.
The Reserves Network, a veteran-founded and family-owned company, specializes in connecting exceptional talent with rewarding opportunities. With extensive industry experience, we are dedicated to helping you achieve your professional goals and shine in your field. The Reserves Network values diversity and encourages applicants from all backgrounds to apply. As an equal-opportunity employer, we foster an environment of respect, integrity, and trust in every aspect of employment.
The base salary range for this position is $158,000–$197,000, excluding benefits, bonuses, or other compensation. Your final salary will depend on your skills, qualifications, experience, location, and internal pay equity. Please note, hiring at the top of the range is uncommon to allow room for future salary growth.
