Technical Accounting Manager

Technical Accounting Manager

Location: Fergus Falls, MN
Department: Accounting & Finance
Salary grade 15

Otter Tail Power Company is seeking a strategic and collaborative accounting professional to serve as our primary technical accounting and accounting policy resource. In this role, you'll provide accounting guidance on complex transactions, emerging accounting standards, regulatory matters, and strategic business initiatives while helping ensure compliance with U.S. GAAP, FERC accounting requirements, and financial reporting obligations.

This position plays a critical role in supporting informed business decisions across the organization. You'll partner with accounting and business leaders to evaluate accounting implications, develop accounting analyses and recommended accounting positions, and provide guidance on complex transactions, regulatory matters, contractual arrangements, and strategic initiatives.

This position reports to Controller.

Key Responsibilities

• Research, interpret, and apply U.S. GAAP, FERC accounting guidance, regulatory accounting requirements, and emerging accounting standards.
• Develop accounting analyses, recommended accounting positions, technical accounting memorandums, accounting policies, and implementation guidance for complex or non-routine transactions to support management decision-making.
• Advise business partners on the accounting implications of strategic initiatives, customer agreements, capital investments, contractual arrangements, and other complex business activities.
• Evaluate accounting matters involving revenue recognition, lease accounting, capitalization, cost recovery mechanisms, regulatory proceedings, rate cases, settlement discussions, and other regulatory accounting matters.
• Provide technical accounting guidance related to utility-specific topics, including renewable energy projects, environmental credits, asset retirement obligations, government incentive programs, joint ownership arrangements, and emerging industry developments.
• Partner with Accounting and Financial Reporting teams on accounting conclusions, financial statement disclosures, regulatory reporting requirements, audit activities, and other complex reporting matters.
• Monitor emerging accounting, regulatory, and industry developments and assess potential impacts to the Company.
• Promote consistent application of accounting policies, accounting governance practices, regulatory requirements, and industry accounting standards across the organization.

Required Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Certified Public Accountant (CPA) designation.
• Eight or more years of progressive accounting experience, including experience in technical accounting, financial reporting, audit, regulatory accounting, or related accounting functions.
• Advanced knowledge of U.S. GAAP, financial reporting requirements, and accounting research methodologies.
• Demonstrated ability to research, interpret, and apply accounting standards, regulatory guidance, and industry practices to complex or non-routine transactions.
• Experience developing and documenting accounting positions, technical accounting memorandums, accounting policies, or accounting guidance.
• Ability to evaluate accounting implications of strategic initiatives, contractual arrangements, regulatory proceedings, capital investments, and other complex business activities.
• Strong analytical, critical thinking, and problem-solving skills with the ability to exercise sound professional judgment and develop practical recommendations.
• Demonstrated ability to communicate complex accounting concepts and build productive working relationships across business functions.
• Experience supporting financial reporting, audit activities, accounting compliance functions, or other complex accounting and reporting processes.

Preferred Qualifications

• Experience working within the utility industry or another regulated, capital-intensive industry, including familiarity with utility operations and business processes.
• Knowledge of FERC Uniform System of Accounts, utility accounting principles, regulatory accounting concepts, utility financial reporting requirements, and cost recovery mechanisms.
• Experience supporting regulatory reporting, rate cases, regulatory proceedings, or other regulatory accounting matters.
• Experience evaluating complex technical accounting matters, including revenue recognition, lease accounting, capital investments, renewable energy projects, environmental credits, asset retirement obligations, or other specialized accounting topics.
• Experience partnering with business leaders to evaluate accounting implications of contracts, strategic initiatives, infrastructure investments, or large-scale projects.

Why Join Otter Tail Power Company?

At Otter Tail Power, you'll have the opportunity to help shape the future of a regulated electric utility while working on some of the Company's most complex and strategic accounting matters. You'll work closely with leaders across the organization, influence important business decisions, and help ensure the financial and regulatory integrity of a company committed to serving its customers and communities.

What We Offer

We believe employment is a partnership and we expect excellence from our talented employees. To support our employees and help drive their career experience and goals.

• Competitive wage & benefit package.
• The expected offer for base compensation for this role is $117,000 - $161,000 annually. The actual compensation within the compensation range will vary based on factors relevant to the position.
• Incentive plans
• Employee Stock Ownership options
• Retirement Savings Fund with employer match
• Health, disability and life insurance plan options
• Our employees are provided training and development opportunities each year, including education reimbursement. This includes safety – one of our values and key to our success – technical, compliance and developmental training.
• Career development is critical to our long-term success. Otter Tail Power employees have opportunities to participate in various leadership development programs, gain access to an a la carte online leadership course catalog, receive mentorship from current leaders and more!
• Mental health support from the experts at SupportLinc as well as competitive vacation and sick leave to ensure employees are at their best when they’re working.

To apply, visit our careers page at www.otpco.com. Applications accepted through September 25, 2026.

This role is not eligible for visa sponsorship at this time.

All qualified applicants will receive consideration for employment without regard to race,

color, religion, sex, sexual orientation, gender identity, national origin, disability or

protected veteran status.