Principal Technical Accounting Analyst

PG&E Corporation

Date: 15 hours ago
City: Oakland, California
Salary: $126,000 - $200,000 per year
Contract type: Full time
Requisition ID # 165777

Job Category: Accounting / Finance
Job Level: Manager/Principal
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
This role reviews and provides guidance/coaching on commodity and derivative accounting, including journal entries, disclosures, and documentation. You 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. You will lead ad hoc teams, coach junior employees, 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 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
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:
8 years of relevant, recent accounting experience including technical accounting
BA/BS or equivalent in Accounting, Economics, or Business or equivalent work experience

Desired:
CPA license
MA/MS in Accounting
3 years of Utility experience
Utility accounting experience (e.g., ASC 980)
Technical accounting experience working with derivatives, leases, revenue recognition, etc.
Excellent writing skills
Ability to manage a variety of projects and timelines
Excellent interpersonal and communication skills
SEC reporting experience
Public Accounting experience
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