Jobs · Minnesota

Manager Accounting II, Property Accounting

Otter Tail Power Company · Fergus Falls, MN · Yesterday
Hybrid$117k–$162k/yrFull-time

Key Responsibilities

  • Lead, coach, and develop a team responsible for property accounting, depreciation, capital budgeting support, and jointly owned plant accounting.
  • Oversee accounting and reporting for utility fixed assets, construction activities, capitalization, unitization, and related financial processes.
  • Provide accounting leadership for capital planning, forecasting, project reporting, depreciation studies, Asset Retirement Obligations, and asset life cycle matters.
  • Direct accounting and reporting activities for jointly owned generation facilities, including ownership records, allocations, billings, and cost-sharing arrangements.
  • Ensure compliance with GAAP, FERC Uniform System of Accounts, SOX, company policies, and other regulatory requirements.
  • Support audits, regulatory proceedings, rate cases, and interactions with consultants, regulators, operating agents, and co-owners.
  • Identify and lead process, system, reporting, and data governance improvements that enhance accuracy, efficiency, and scalability.

Required Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field.
  • Eight or more years of progressive accounting experience, including fixed assets, capital projects, depreciation, financial reporting, or related accounting functions.
  • Five or more years of leadership experience, including coaching, developing, and managing accounting professionals.
  • Strong knowledge of GAAP, internal controls, financial reporting, and fixed asset accounting.
  • Ability to analyze complex accounting matters, build relationships across the business, and communicate recommendations clearly.
  • Demonstrated ability to build trust, develop talent, and foster a collaborative and accountable team culture.

Preferred Qualifications

  • CPA designation.
  • Experience in the utility industry or another regulated, capital-intensive industry.
  • Knowledge of FERC Uniform System of Accounts, utility regulatory accounting practices, rate cases, or cost recovery mechanisms.
  • Experience with jointly owned generation assets, construction accounting, capital planning, depreciation studies, AROs, ERP systems, or process improvement initiatives.

What We Offer

  • Competitive wage & benefit package.
  • Incentive plans.
  • Employee Stock Ownership options.
  • Retail Savings Fund with employer match.
  • Health, disability and life insurance plan options.
  • Training and development opportunities each year, including education reimbursement.
  • Leadership development programs.
  • Mental health support from the experts at SupportLinc.
  • Competitive vacation and sick leave.

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