Can the task of Period management (Open, close) be given to others than Administrators?

Summary:

My customer wants the Power Users to handle Period statuses

Content (please ensure you mask any confidential information):

I am implementing AR to a new customer in Norway and they want the task to be handled by Power Users

Version (include the version you are using, if applicable):

Last version just provisioned. I have not yet access to the instance.

Code Snippet (add any code snippets that support your topic, if applicable): NA