Investments & Benefit Finance Analyst

Requisition ID # 163981 

Job Category: Accounting / Finance 

Job Level: Individual Contributor

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Overview

Investments and Benefit Finance (IBF) ensures appropriate funding and investment management of all trust assets (approximately $35 billion) maintained by PG&E Corporation and Pacific Gas and Electric Company. IBF also serves as staff in support of various investment committees including, the Employee Benefit Committee, Nuclear Facilities Decommissioning Master Trust Committee, and the Customer Credit Trust Committee. The team manages funded status of the various trusts and recommends contribution policies. It also makes recommendations concerning all aspects of investment management, investment policy, asset allocation and investment management structure.

Position Summary

This Analyst position supports the employee benefit trusts managed by IBF and will focus on the day-to-day management of the assets.

This position is hybrid, working from your remote office and at the Oakland General Office on average, 1-3 days per week or based on business needs or company requirements.

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:            $78,000

Bay Area Maximum:           $116,000

Job Responsibilities

• Responsibilities cover a diverse array of trust types, including defined benefit, defined contribution, and various voluntary employee benefit association (VEBA) trusts.
• Manage cash flow activity for all employee benefit trusts, including contributions, benefit payment and expense funding, as well as reallocations within accounts.
• Support broader IBF team with various reporting requirements submitted to investment committees and regulators.
• Periodically coordinate rebalancing and other transactions as needed.
• Interface and collaborate with multiple external service providers including trust banks, investment managers, consultants, and actuaries.
• Assure compliance with SOX, internal and audit requirements.

Qualifications

Minimum:

• Bachelor’s degree in Finance, Business, Accounting, or another quantitative field, or equivalent work experience
• 2 years of experience in investments, accounting, finance, or other business-related experience 

Desired:

• Experience managing multi-billion-dollar investment portfolio for a pension, foundation, or endowment