Requisition ID # 166751
Job Category: Accounting / Finance
Job Level: Individual Contributor
Business Unit: Finance
Work Type: Hybrid
Job Location: Oakland
Department Overview
Technical Accounting performs derivative accounting assessments, helps business partners understand the accounting implications of alternative structures, research complex accounting issues, implements accounting standards, and educates others on accounting topics, including preparing and supporting the application of company accounting policies.
The work of this high-profile team will provide the successful candidate with challenge and variety as well as exposure to key individuals throughout the company.
Position Summary
The successful candidate will work with business partners to evaluate potential opportunities and challenges using their deep understanding of technical accounting and then synthesize research, provide perspective and develop implications for line of business and/or company. The successful candidate will collaborate with ad hoc teams and provide thought leadership to Corporate Accounting.
This position is hybrid, working from your remote office and the Oakland General Office one day per week on average or based on business needs or company requirements.
PG&E is providing the salary range that can reasonably be expected for this position at the time of the job posting. This salary 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, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location. 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.
Bay Area Minimum: $114,000.00
Bay Area Maximum: $162,800.00
Responsibilities
Responsible for maintaining accounting policies, reporting requirements, rules and regulations:
Performing analyses and documenting accounting conclusions for complex issues
Developing recommendations to senior leadership
Supporting the maintenance of comprehensive accounting policies
Ensures accuracy and compliance with U.S. GAAP and other accounting regulations:
Contributing and/or leading implementation of new accounting standards and quantification of accounting impacts
Reviewing accounting conclusions for commodity power purchase agreements
Reviewing journal entries and disclosures for mark-to-market, price risk management, fair value and other
Establishes and maintains relationships with business partners:
Building and maintaining relationships with key business partners (e.g., Energy Procurement, Law, Treasury, Corporate and Capital Accounting) to contribute to early identification of transactions and changes that could have potential accounting / reporting impacts
Assisting in the development of education and training for the business on accounting topics
Assists in the set-up of processes, procedures and other improvement efficiencies:
Contributing to the improvement in the effectiveness of communications with business partners, and gain efficiencies during monthly close and reporting
Contributing to the department and company initiatives to improve processes and understands / translates financial impacts
Qualifications
Minimum:
7 years of relevant, recent accounting experience
BA/BS or equivalent in Accounting, Economics, or Business or equivalent work experience
Desired:
CPA license
Knowledge of GAAP
Excellent interpersonal and communication skills
Utility accounting experience (e.g., ASC 980)
Technical accounting experience working with derivatives, leases, revenue recognition, etc.
Ability to manage a variety of projects and timelines
SEC reporting experience
Public Accounting experience