Asset Retirement Project Manager Jobs (NOW HIRING)

Requisition ID # 173442 

Job Category: Accounting / Finance 

Job Level: Individual Contributor

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Overview

Capital Accounting plays a critical role in ensuring the accuracy of PG&E's financial information related to Plant, Accumulated Depreciation, Construction Work in Progress, Assets Acquisitions, Sales, Retirements, Nuclear Decommissioning accounting and Asset Retirement Obligations. The team works with various stakeholders throughout PG&E to maintain effective oversight and understanding of the Company's capital expenditures and capital related business processes. The work of our department is key to the Company and provides challenge and variety including application of appropriate accounting treatment and analyses under GAAP, FERC, Tax and SEC reporting for transactions relating to capital assets at PG&E.

The Company plans to spend $12 billion on capital expenditure in the coming year. 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 is joining a team who is responsible for ensuring the accuracy of PG&E's accounting and disclosures over $125 billion of plant, property, and equipment. This includes working with cross-functional teams to provide effective oversight into capital work order management processes. The team is also responsible for the accounting for $5.5 billion of asset retirement obligations.

We are seeking a highly motivated, capable Senior Accounting Analyst to work in a high-profile accounting department.  The successful candidate will evaluate moderately complex and variable issues with substantial potential impact where development of an approach involves weighing various alternatives and balancing potentially conflicting situations. This position requires strong analytical skills to filter, prioritize and validate data from various sources. This position will require strong communicative skills and the ability to present accounting conclusions in a clear and persuasive manner.

This position is hybrid, working from your remote office and your assigned work location once a week or more based on business need. The assigned work location will be the Oakland General Office. 

Job Responsibilities

• Participate in the day-to-day operations of the accounting group to ensure that monthly responsibilities are completed by the prescribed due dates.
• Maintain proper internal controls and review of all areas of responsibility to determine compliance with accounting policies.
• Participate in researching GAAP and regulatory guidance to determine the appropriate accounting treatment.
• Complete monthly accounting journal entries, account reconciliations, monthly roll forward schedule and related variance analysis associated with Asset Retirement Obligations, Nuclear Decommissioning accounting, Property Plant & Equipment and Accumulated Depreciation.
• Collaborate with team members to maintain the ongoing development and compliance with departmental policies and procedures.
• Lead and implement process improvements and the development of financial reporting tools. 
• Develop expertise in the capital asset life cycle and take ownership of related accounting issues.
• Work closely with management and related departments, including internal and external reporting groups, Tax, Regulatory departments, and various lines of business.
• Responsible for ensuring the integrity of several portions of the financial statements by performing timely and efficient analytics.
• Perform special projects as requested by the supervisor and manager.

Qualifications

Minimum:

• BA/BS in Accounting, or related field, or equivalent work experience  
• 4 years of recent relevant accounting experience

Desired:

• Strong knowledge of GAAP, SEC, and FERC requirements
• Proficient computer skills (Excel/Word/PowerPoint)
• Knowledge of financial analysis and internal controls
• Knowledge of SAP
• Knowledge of Power Plan software
• Knowledge of Utility ratemaking
• CPA or equivalent or substantially complete
• Public Accounting experience
• Excellent research and issue resolution skills
• Demonstrates advanced knowledge in technical/professional concepts
• Experience with Microsoft Power Platform

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: $93,000.00

Bay Area Midpoint: $116,000.00    

Bay Area Maximum: $139,000.00