Expert Accounting Analyst, Capital Accounting Advice

Requisition ID # 166139 

Job Category: Accounting / Finance 

Job Level: Individual Contributor

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Overview

PG&E’s dynamic Capital Accounting Advice team is instrumental the interpretation of accounting guidance and setting up accounting policies that support and govern our capital expenditures. With the average capital expenditures from 2016-18 averaging $6 billion annually, this importance of the team paramount to ensuring the accuracy of our financial statements and reducing regulatory risks. The high-profile department provides a great place for energized and talented employees to ignite their career, contribute to the success of the Company and be recognized for their impactful accomplishments. The work of our department is key to the Company, providing challenges as well as an opportunity to work on a variety of areas including interpretation, analysis, and application of appropriate accounting treatment under GAAP, FERC, and Tax relating to capital assets at PG&E.

The Capital Accounting group plays a critical role in ensuring the accuracy of PG&E's financial information related to Plant, Accumulated Depreciation, Construction Work in Progress, Asset Acquisitions, Sales, Retirements, and Asset Retirement Obligations. The team works with many stakeholders throughout PG&E to maintain effective oversight and understanding of the Company’s capital expenditures.

Position Summary

We are looking for a highly motivated and skilled Expert Accounting Analyst to join our Capital Accounting Advice team. This is an excellent opportunity to showcase your analytical skills and work in a high-profile department where you can collaborate with others within and outside of the Finance and Risk organization.

You will develop expertise in the capital asset project life cycle and take ownership of related accounting issues by researching relevant accounting and regulatory pronouncement and presenting recommended solutions. You will work closely with management and related departments, including Regulatory departments and various lines of business.

You should demonstrate strong analytical skills and be meticulous and self-directed. You will have excellent oral and written communication skills including the ability to document and present accounting conclusions in a clear and persuasive manner. You will exercise strong critical thinking skills to address and resolve complex accounting issues as well as advanced project management skills to handle multiple tasks and projects effectively.

The role is hybrid working from your remote office and in-person at the Oakland General Office, on average 1-2 days a week or based on business needs or company requirements for department meetings and/or collaboration sessions.

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:             $102,000              

Bay Area Maximum:            $162,000

Job Responsibilities

Day-to-day responsibilities include collaborating with employees within the accounting departments, Business Finance and Operations to provide guidance regarding topics including, but not limited to:

• Capital versus expense determination
• Capital asset life cycle
• Federal Energy Regulatory Commission (FERC) plant account determination
• Adherence to capital accounting policies.

Additional recurring responsibilities include:

• Facilitating training related to capital accounting policies and creating supplemental documentation (e.g., Frequently Asked Questions and Guidance Documents) to further supplement the understanding and adherence to capital accounting policies.
• Provide support of regulatory filings by performing reviews of testimony, preparation of responses to data requests, and interpretation of rate case decision for implementation purposes.
• Perform special projects as requested by the manager and director related to the implementation of new accounting standards in collaboration with impacted finance and operation departments, represent the Capital Accounting group as a key stakeholder in process improvements and initiatives lead by operations, and other ad-hoc requests.

Qualifications

Minimum:

• Bachelor’s degree in Accounting, or related field, or equivalent work experience
• 6 years of recent relevant accounting experience to include strong technical accounting skills, Knowledge of Generally Accepted Accounting Principles (GAAP) and Security Exchange Commission (SEC), and knowledge of financial analysis and internal controls

Desired:

• Strong knowledge of GAAP, SEC, and FERC requirements
• Knowledge of PowerPlan software
• Knowledge of Utility ratemaking
• Certified Public Accountant (CPA) or equivalent required or substantially complete
• 8 or more years relevant experience
• Public Accounting experience
• Enhanced Computer skills (PowerBI)
• Strong computer skills (Excel/Word/PowerPoint)
• Excellent research and issue resolution skills
• Ability to assess and recommend solutions for moderate to complex projects
• Ability to prioritize, plan and communicate activities and findings in both written and verbal form
• Able to present analysis and findings in a cohesive, understandable, and actionable format to department management
• Understanding of programs, policy, and operations to advise business on meaning of data, results
• Demonstrates advanced knowledge in technical/professional concepts