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The Modesto Irrigation District is currently recruiting to fill one full-time vacancy in the Planning and Pricing Department, Finance Division, to develop, plan, coordinate, prioritize, and administer MID’s risk management policy. In addition, provide and administer a utility pricing policy in assessing opportunities along with short and long-term challenges. Using various financial models, the individual will provide staff and the Board of Directors with options for risk management and pricing. The position will also provide technical and analytical  support in additional finance areas including financial modeling, cash management, planning and analysis and enterprise performance management to ensure MID's financial goals are met.

Any Qualified Individual May Apply.  This is an exempt position and is allocated to the Modesto Irrigation District Employees Association. The list established as a result of this recruitment may be used to fill other Pricing/Risk Management Administrator vacancies within the District that may occur through February 28, 2024.    

Duties may include, but are not limited to, the following:

• Select financial hedge options, futures and insurance on pricing
• Analyze profits and loss opportunities
• Use arbitrage trading strategies for competitive advantage
• Project both costs and revenues, track transactions and provide risk and pricing analysis
• Operate within limits determined by management and the Board of Directors
• Establish guidelines, review and analyze financial issues with assistance from Finance division
• Provide check and balance with investments and marketing opportunities
• Review credit rating of all counter parties
• Use financial instruments to leverage for best financial advantage
• Works independently on special projects
• Optimize risks and costs to ensure greatest value for MID's portfolio
• Support the development and implementation of financial and strategic plans 
• Assist with coordinating, planning and evaluating business process and investments in individual departments 

Other Related Duties
Other duties as assigned

Education:
High school diploma or equivalent. Graduation from an accredited four (4) year college or university with major course work in finance, economics, statistics, engineering or related field.

Experience:
Three (3) years of related financial risk management experience or experience with investment risk strategies and utility pricing or rates.

Knowledge of:

• Revenues and cost structures in the utilities industry including rates and regulations
• Marketing and sales projections
• Financial and risk management instruments
• Computer models and cost analysis

Ability to:

• Knowledge of revenues and cost structures in the utilities industry including rates and regulations
• Marketing and sales projections
• Financial and risk management instruments
• Computer models and cost analysis

Special Requirement: Must have a valid California Class C driver license.