Principal Technical Accounting Analyst

Requisition ID # 173940 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, researches 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. 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 lead ad hoc teams, coach junior employees and provide thought leadership to Corporate Accounting. This position is hybrid, working from your remote office and your assigned work location one day per week on average. This position is hybrid, working from your remote office and your assigned work location based on business need. The assigned work location will be within the PG&E Service Territory. Reporting Reports into the Director, Director, External Reporting & Technical Accounting. Major 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 Background Qualifications Minimum 8+ years of relevant accounting experience including technical accounting. BA/BS or equivalent in Accounting, Economics, or Business. Desired CPA license. MA/MS in Accounting. Minimum of 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. Typically 10 years of relevant experience. Master’s Degree Compensation PG&E provides 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: $128,000 Bay Area Midpoint: $173,000 Bay Area Maximum: $218,000 Purpose, Virtues and Stands Our Purpose explains "why" we exist: Delivering for our hometowns Serving our planet Leading with love Our Virtues capture "who" we need to be: Trustworthy Empathetic Curious Tenacious Nimble Owners Our Stands are "what" we will achieve together: Everyone and everything is always safe Catastrophic wildfires shall stop It is enjoyable to work with and for PG&E Clean and resilient energy for all Our work shall create prosperity for all customers and investors More About Our Company EEO Pacific Gas and Electric Company is an Equal Employment Opportunity employer that actively pursues and hires a workforce that reflects the hometowns we serve. All qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, sex, age, religion, physical or mental disability status, medical condition, protected veteran status, marital status, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information or any other factor that is not related to the job. Employee Privacy Notice The California Consumer Privacy Act (CCPA) goes into effect on January 1, 2020. CCPA grants new and far-reaching privacy rights to all California residents. The law also entitles job applicants, employees and non-employee workers to be notified of what personal information PG&E collects and for what purpose. The Employee Privacy Notice can be accessed through the following link: Employee Privacy Notice PG&E will consider qualified applicants with arrest and conviction records for employment in a manner consistent with all state and local laws. Nearest Major Market: San Francisco Nearest Secondary Market: Oakland