Director Finance and Administration Owatonna
Director, Finance & Administration
The Owatonna Public Utilities is seeking qualified applications for the position of Director, Finance & Administration. Duties include: Oversees the Finance and Accounting department, managing the utility’s finances, long-term forecasts, internal controls, and financial reports, including OPU Commission reports. Ensures accounting operations align with FERC principles and serves as custodian of utility funds, securities, and assets, including portfolio management. Maintains relationships with financial institutions, investment advisors, bond trustees, and auditors, acting as bond registrar and paying agent. Leads the annual audit and implements changes as needed. Develops and administers the five-year budget plan, manages risk exposure through insurance and lease agreements, and oversees records retention. Responsible for electric, water, and natural gas rate design, cost of service studies, and customer service policies. Acts as the General Manager’s designee when needed and supports natural gas contract management, including hedging and procurement.
Qualifications and Education requirements are: Education: Bachelor’s degree in Finance, Accounting, Business Administration or other related field. Advanced degree preferred; Experience: Eight (8) years’ experience in accounting or financial management preferably with a municipal utility. Five (5) years supervisory experience. Other: Certified Public Accountant (CPA) desirable. Language Skills: Proficient in analyzing and responding to technical, financial, regulatory agencies and legal documents. Reasoning Skills: Ability to define problems and draw valid conclusions and interpret extensive technical instruction in math or diagram form. Mathematical Skills: Ability to work with mathematical concepts such as fractions, percentages, ratios and proportions to practical situations. Computer Skills: Proficient in Microsoft Office Suite and Microsoft teams.
Current salary range is $130,372.00 to $171,542.12. Starting pay is dependent on experience and qualifications.
Comprehensive benefit package includes membership in the Minnesota Public Employees Retirement Association, health and dental insurance, flexible spending accounts (medical and daycare), paid time off, holidays, and funeral leave. Additional benefits: short- and long-term disability insurance, life and accidental death coverage, deferred compensation plan, post-healthcare spending program, tuition reimbursement, volunteer and community involvement opportunities, remote work options, wellness initiatives, on-site fitness facilities, employee assistance program, and succession planning support.
Full job description and required application packet is available on the following website: https://www.owatonnautilities.com/about-us/employment-opportunities/. Questions can be directed to Marge Madson, Manager, Human Resources at marge.madson@owatonnautilities or by phone at 507-451-2480 ext. 5414. First review of applications is March 21, 2025, position open until filled. EOE/M/F/D/V