Manager, Tax Accounting & Payroll

Otter Tail Power Company; Fergus Falls (MN); On-site; USD 117,000 - 161,000; Full time

Benefits offered by this job

Competitive wage

Incentive plans

Employee stock ownership options

Retirement savings with employer match

Health, disability and life insurance

Career development programs

Mentorship and leadership courses

Mental health support

Job summary

Otter Tail Power Company in Fergus Falls, MN seeks a strategic Manager, Tax Accounting & Payroll to lead income tax, property tax, sales and use tax, and payroll operations. You will guide a talented team and report to the Controller, partnering with Accounting, Regulatory, Treasury, HR, Legal, and Operations.

You will oversee tax accounting, compliance, and regulatory reporting, drive tax strategies and forecasting, and ensure GAAP/ SOX controls while supporting regulatory outcomes and

Qualifications

• Bachelor’s degree in Accounting or related field.
• Eight+ years in corporate taxation, tax accounting, or related field.
• Experience supervising and developing staff.
• Knowledge of federal, state, local tax laws and payroll tax compliance.

Responsibilities

• Lead, coach, and develop a team responsible for income tax, property tax, sales and use tax, and payroll operations.
• Oversee tax accounting, reporting, compliance, and filing activities.
• Provide management oversight to Payroll Supervisor for accurate and timely payroll.”
• Oversee payroll tax filings and regulatory reporting and compliance with federal/state requirements and collective bargaining agreements.
• Collaborate with executives and business partners to develop tax strategies and advise on tax implications of major investments.
• Provide tax leadership for rate cases, regulatory proceedings, tax forecasting, budgeting, and long-range planning.
• Evaluate tax legislation and renewable energy incentives for financial and regulatory impact.
• Ensure GAAP, FERC, SOX, internal controls, and payroll compliance.
• Identify and lead process, system, reporting, and data governance improvements across tax and payroll.

Skills

Leadership

Tax accounting

Payroll operations

Regulatory compliance

Financial analysis

Communication

Education

Bachelor’s degree in Accounting

Tools

Oracle

UKG Pro

PowerTax

Job description

OTPGeneral Office
Fergus Falls, MN 56537, USA

Description

Manager, Tax Accounting & Payroll

Location

Fergus Falls, MN

Salary grade 15

Otter Tail Power Company is seeking a strategic and collaborative accounting leader to manage our Tax Accounting and Payroll functions. In this role, you'll lead a talented team responsible for income tax, property tax, sales and use tax, tax forecasting, renewable energy incentives, payroll operations, and related regulatory and financial reporting support.

This position plays an important role in supporting financial planning, regulatory outcomes, accurate and timely payroll, and strategic business decisions while partnering across Accounting, Business Planning, Regulatory, Treasury, Human Resources, Legal, Operations, and Corporate.

This position will report to the Controller.

Key Responsibilities

• Lead, coach, and develop a team responsible for income tax, property tax, sales and use tax, and payroll operations.
• Oversee tax accounting, reporting, compliance, and filing activities, including current and deferred taxes, tax depreciation, tax credits, regulatory balances, and related financial statement disclosures.
• Provide management oversight and direction to the Payroll Supervisor, ensuring payroll is processed and funded accurately and timely for union and nonunion employees and supplemental pension payroll.
• Oversee payroll tax filings and regulatory reporting, compliance with federal and state requirements and collective bargaining agreements, payroll reconciliations, internal controls, and administration of payroll and time-entry systems.
• Collaborate with executives, Corporate, and business partners to develop and implement tax strategies and advise on the tax implications of major investments, financing activities, and strategic initiatives.
• Provide tax leadership for rate cases, regulatory proceedings, tax forecasting, budgeting, and long-range financial planning in partnership with Business Planning, Regulatory, Treasury, and Accounting.
• Evaluate tax legislation, utility tax normalization requirements, and renewable energy incentives for financial, regulatory, and strategic impacts.
• Ensure compliance with GAAP, FERC requirements, SOX, internal controls, tax laws and regulations, payroll requirements, and other financial reporting obligations.
• Identify and lead process, system, reporting, and data governance improvements that enhance accuracy, efficiency, and scalability across tax and payroll.

What We're Looking For

Required Qualifications

• Bachelor’s degree in Accounting or a related field.
• Eight or more years of progressively responsible experience in corporate taxation, tax accounting, public accounting, auditing, or a related tax function.
• Prior leadership experience with responsibility for supervising, coaching, and developing employees.
• Strong knowledge of federal, state, and local tax laws; current and deferred income tax accounting; and corporate income, property, and sales/use tax accounting, compliance, planning, and reporting.
• Ability to research, analyze, interpret, and communicate complex tax, payroll, accounting, regulatory, and business matters and provide clear recommendations.
• Demonstrated ability to develop talent, build collaborative relationships, lead through change, and foster an accountable and high-performing team culture.

Preferred Qualifications

• Five or more years of leadership experience, including supervising, coaching, developing, and managing accounting, tax, or payroll professionals.
• Experience leading or overseeing payroll operations, payroll accounting, payroll tax compliance, payroll funding, reconciliations, wage and deduction reporting, and compliance with applicable federal and state requirements.
• Utility industry experience and knowledge of FERC accounting, utility regulatory accounting, ratemaking, or regulatory proceedings.
• Experience with multi-state taxation, deferred tax normalization, tax forecasting, financial planning, and renewable energy tax incentives, including Production Tax Credits, Investment Tax Credits, and transferable credits.
• Knowledge of union payroll, time-entry requirements, collective bargaining agreements, employee benefits, and compensation-related payroll processes.
• Experience with enterprise resource planning, payroll, time-entry, tax provision and compliance, and financial reporting systems, along with internal controls and process improvement initiatives. Experience with Oracle, UKG Pro, PowerTax, or similar systems is beneficial.

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 alongside dedicated professionals committed to serving our customers and communities. We offer competitive compensation, comprehensive benefits, professional development opportunities, and a collaborative culture that values innovation, accountability, and teamwork.

Join us in powering what's next.

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.

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

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.