AddressRequisition ID # 156714
Job Category: Accounting / Finance
Job Level: Manager/Principal
Business Unit: Finance
Work Type: Hybrid
Job Location: Oakland
Department Overview
Financial Accounting plays a critical role in ensuring the accuracy of PG&E’s accounting for debt and securitizations transactions, leases, employee pension and benefits, affiliates, prepayments, and cash receipts. The Financial Accounting team also oversees the month end close process, coordinating with partners across the Finance and IT to ensure a smooth and timely month end close.
Position Summary
The Financial Accounting Manager is responsible for overseeing the overall month end close process and the accuracy of the Financial Accounting team’s transaction accounting, controls, and disclosures. The successful candidate will be a leader who has strong organizational and planning skills, is highly detailed oriented and enjoys a fast passed and challenging work environment. You should be self-motivated and enthusiastic to execute on the vison to improve the efficiency of the month end close process through process improvement and automation.
This position is hybrid, working from your remote office and in-person in the Oakland General Office once weekly or as business needs require.
PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed between the entry point and the middle of the range, the decision will be made on a case-by-case basis related to these factors. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.
A reasonable salary range is:
Bay Area Minimum: $126,000
Bay Area Maximum: $200,000
Job Responsibilities
- Manages month-end closing process to ensure accuracy and compliance with U.S. GAAP and FERC accounting requirements (close coordination, consolidations, journal entries, variance analysis and account reconciliations). Lead the resolution of more complex accounting, regulatory and disclosure issues. Ensure timely communication of issues to interested parties.
- Oversees preparation of supporting documentation for SEC and regulatory filings.
- Reviews and interprets policies, regulatory decisions and reporting requirements.
- Identify opportunities and drives continuous improvement efforts in business processes across multiple functional groups by enhancing controls and gaining efficiencies through automation and fully leveraging existing systems functionality.
- Support securitization efforts for the Utility (First Mortgage Bonds and AB 1054 Securitization)
- Support efforts related to SAP, Blackline and other systems upgrades, functionality enhancements, and system design optimization.
- Leads the SOX risk assessment process and ensures effectiveness of internal controls over accounting and reporting.
- Drives performance and manages a team of 10 individuals by setting goals and development plans, conducting performance reviews and providing ongoing feedback to direct reports.
- Drives and incorporates company vision and values into the department’s daily operating processes.
Qualifications
Minimum:
- BA/BS in Accounting or related field or equivalent work experience
- 7 years of accounting experience to include management experience with an ability to effectively collaborate on cross functional teams
- Strong knowledge of GAAP and FERC requirements
Desired:
- Knowledge of Utility ratemaking.
- Knowledge of accounting systems, establishing business requirements for system design, and strategy development with systems which interface or integrate
- Knowledge of financial analysis and internal controls.
- Certified Public Accountant (CPA) or equivalent
