Property Accounting Analyst

Description

Description:

At Otter Tail Power, our employees help us to serve the communities we support by producing reliable, affordable, and environmentally responsible electricity. In this role, the Property Accounting Analyst will support the accuracy of our financial statements through reporting and analysis of the company’s fixed assets.

Some examples of those activities will include:

Maintain and update the company’s capitalization policy and provide fixed asset accounting guidance to all areas of the organization.

Develop, monitor, and analyze various loading and clearing rates to assess the appropriateness of cost allocations and recommend adjustments as needed.

Support depreciation and asset retirement obligation activities

Assessing costs and units of property for large capital projects

Monitor, review, and interpret new or revised accounting standards and publications from the FASB, SEC, or FERC, and assist with implementation.

Provide support for internal and external audits and SOX reviews, including the preparation and/or review of supporting documentation.

Qualifications:

We’re seeking candidates with a wide range of skills who are interested in getting projects completed at a very detailed level. Some examples of what we’re looking for include:

There’s a lot of innovation in our industry and we want positive, can-do people who are resilient through the challenges that sometimes come with change and balancing competing priorities.

A working knowledge of the following will be ideal to maximize this role’s impact and success:

Knowledge of Generally Accepted Accounting Principles (GAAP).

Experience with capitalization guidance and practices.

Understanding of depreciation methods and practices, including accounting for Asset Retirement Obligations.

Minimum of three years’ experience with utility operations, fixed asset accounting, or comparable business experience preferred.

Professional certification encouraged but not required.

Detailed knowledge of the Federal Energy Regulatory Commission (FERC) Uniform Systems of Accounts and its application is a plus.

Experience with PowerPlan fixed asset software is a plus.

To hit the ground running, foundational knowledge via a 4-year degree in Business, Accounting, Finance, Business or equivalent experience is required.

Offering:

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, OTP offers the following:

Competitive wage & benefit package.

Training – our average employee spends hours in training and development each year! 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!

Access to mental health support from the experts at CuraLinc, our EAP.

Apply online at Otter Tail Power Company Jobs (https://recruiting2.ultipro.com/OTT1000OTTR/JobBoard/4ccffa1c-fd6d-4414-9251-11d4fd5e00a3/?q=&o=postedDateDesc) page. We’ll accept applications through 11/1/2024.

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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)