Accountant I

Otter Tail Corporation; Fergus Falls (MN); On-site; USD 54,000 - 72,000; Full time

Benefits offered by this job

Competitive wage

Incentive plans

ESOP

Retirement match

Health insurance

Education reimbursement

Leadership development

Mental health support

Vacation & sick leave

Job summary

Otter Tail Power Company in Fergus Falls, MN is seeking an analytical Accountant I, Work Order Accountant to support capital construction projects from setup through capitalization and plant-in-service reporting. You will work with engineering, operations, customer service, and accounting to ensure assets are accurately accounted for.

This role offers growth in fixed asset and capital project accounting, with responsibilities including project cost analysis, asset records, monthly and year-end

Qualifications

• Associate degree in Accounting, Finance, Business, or a related field.
• Knowledge of accounting principles, financial reporting processes, and account reconciliations.
• Strong analytical skills and the ability to interpret financial and operational data.
• Proficiency with Microsoft Excel.

Responsibilities

• Support the accounting and reporting of capital construction projects and fixed assets.
• Review and process construction work orders and assist with project capitalization activities.
• Analyze project costs, maintain fixed asset records, and support plant-in-service accounting.
• Perform reconciliations and financial analyses related to capital projects and plant assets.
• Partner with engineering, operations, project sponsors, and other business areas to support timely and accurate project completion.
• Assist with process improvements, internal controls, and compliance with accounting and regulatory requirements.
• Contribute to monthly, quarterly, and year-end financial reporting activities.

Skills

Analytical skills

Excel proficiency

Accounting principles

Financial reporting

Education

Associate degree in Accounting/Finance/Business

Tools

Oracle ERP

Job description

OTP Fergus Falls MN
Fergus Falls, MN 56537, USA

Description

Location: Fergus Falls, MN

Salary grade 7

Otter Tail Power Company is seeking an analytical and detail-oriented Accountant I, Work Order Accountant to join our Accounting team. In this role, you'll help ensure the Company's investments in utility infrastructure are accurately accounted for and reported. Working closely with teams across engineering, operations, customer service, and accounting, you'll support capital construction projects from project setup through capitalization and plant-in-service reporting.

This position offers an excellent opportunity to build expertise in fixed asset accounting, capital project accounting, utility accounting, and reporting.

This position will report to the Manager, Property Accounting.

Key Responsibilities

• Support the accounting and reporting of capital construction projects and fixed assets.
• Review and process construction work orders and assist with project capitalization activities.
• Analyze project costs, maintain fixed asset records, and support plant-in-service accounting.
• Perform reconciliations and financial analyses related to capital projects and plant assets.
• Partner with engineering, operations, project sponsors, and other business areas to support timely and accurate project completion.
• Assist with process improvements, internal controls, and compliance with accounting and regulatory requirements.
• Contribute to monthly, quarterly, and year-end financial reporting activities.

Required Qualifications

• Associate degree in Accounting, Finance, Business, or a related field; or an equivalent combination of education and experience.
• Knowledge of accounting principles, financial reporting processes, and account reconciliations.
• Strong analytical skills and the ability to interpret financial and operational data.
• Proficiency with Microsoft Office applications, including Excel.
• Ability to learn and apply accounting standards, regulatory requirements, and internal control procedures.

Preferred Qualifications

• Experience with fixed asset accounting, property accounting, capital project accounting, or construction work order accounting.
• Knowledge of utility accounting and FERC accounting requirements.
• Experience with ERP systems such as Oracle.
• Experience preparing journal entries, reconciliations, financial analyses, and supporting month‑end or year‑end close activities.
• Experience working with cross-functional business partners.

What Makes You Successful

You're a detail-oriented professional who enjoys solving problems, analyzing information, and ensuring accuracy. You build strong working relationships, communicate effectively, and take ownership of your work. You thrive in a collaborative environment, adapt to changing priorities, and continuously look for ways to improve processes and results.

Why Otter Tail Power?

At Otter Tail Power Company, you'll do meaningful work that supports the infrastructure powering homes, businesses, and communities across our service territory. You'll join a collaborative team that values integrity, continuous improvement, and professional growth while providing opportunities to expand your accounting knowledge and build a rewarding career.

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 $54,000 - $72,000 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.

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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.