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.