Asset Accounting Manager

Portland General Electric; World Trade Center (NY); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Performance-based incentive bonus

Total rewards package for well-being and development

Job summary

Portland General Electric in New York seeks a Manager of Asset Accounting to oversee accounting and controls related to capital projects. You will ensure compliance with GAAP and drive financial decision-making.

The successful candidate will have a Bachelor's degree, extensive experience in accounting or finance, and strong leadership and analytical skills. PGE offers a comprehensive rewards package commensurate with experience.

Qualifications

• Eight or more years of related experience in accounting, finance, or utility operations.
• Advanced knowledge of GAAP, regulatory accounting, internal controls (SOX), and accounting policies.
• CPA preferred.

Responsibilities

• Review and approve journal entries and reconcile ledger accounts.
• Plan, align, and supervise accounting research for capital policy and ratemaking activities.
• Provide analysis and consulting support to aid decision-making.

Skills

Analytical skills

Decision-making

Communication

Interpersonal skills

Organizational skills

Prioritization skills

Leadership experience

Education

Bachelor’s degree in engineering, business, or related field

Tools

Financial systems

Job description

At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.

Role Overview

As Manager of our Asset Accounting group, you will play a critical role in supporting PGE’s strategic investment plans. You’ll be responsible for accounting and controls related to the lifecycle of capital projects, such as construction, allowance for funds used during construction (AFUDC), depreciation, cost of removal, asset retirement obligations, and retirement. You’ll ensure the integrity of internal controls and accounting records for completeness, accuracy, and compliance with generally accepted accounting principles (GAAP), regulatory accounting, and the company’s capital policy.

Responsibilities

• Review and approve journal entries and reconcile ledger accounts and financial statements to support SEC and FERC filings.
• Plan, align, and supervise accounting research, application, and interpretation of the capital policy and ratemaking activities (e.g., general rate cases, stand‑alone ratemaking).
• Provide analysis and consulting support to the business regarding forecasting and budgeting variances to aid decision‑making.
• Collaborate frequently with corporate planning, rates and regulatory affairs, and various utility operations departments.
• Manage professional employees and/or supervisors; be accountable for the performance and results of the team.
• Adapt departmental plans and priorities to address resource and operational challenges.
• Provide subject‑matter guidance to employees, colleagues and customers.
• Monitor and manage expenditures, ensuring financial targets are met and investigating budget variances.
• Oversee resourcing decisions and planning; partner with HR on recruitment, evaluation, and selection processes.
• Review organizational development needs and implement training strategies; provide coaching, mentoring, and performance management reviews.

Qualifications

• Bachelor’s degree in engineering, business, or a related field (or equivalent experience).
• Eight or more years of related experience in accounting, finance, or utility operations.
• CPA preferred.
• Advanced knowledge of GAAP, regulatory accounting, internal controls (SOX), accounting policies, and utility financial regulations.
• Strong analytical, decision‑making, written and oral communication, interpersonal, organizational, and prioritization skills.
• Leadership experience in managing teams and driving results.

Competencies

• Advanced knowledge of accounting principles and concepts.
• Advanced knowledge of internal controls and accounting policies.
• Advanced knowledge of financial systems and utility industry operations.
• Intermediate knowledge of enterprise/business awareness.
• Advanced decision‑making, communication, interpersonal, and organizational skills.

Physical and Cognitive Demands

• Consistent use of logic or scientific thinking to define problems, collect information, and establish facts.
• Adherence to response times, deadlines, accuracy standards, and decision‑making tasks.
• Collaboration with team members and managers.
• Adaptability to frequent change and stressful situations.
• Ability to perform tasks under limited supervision.

Compensation and Benefits

Actual total compensation, including a performance‑based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. PGE provides a total rewards package that is designed to reward your contributions and support your well‑being and professional development.

Equal Employment Opportunity

PGE is an equal opportunity employer and is committed to fostering a workplace where employees feel connected, valued, and empowered to thrive. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law. PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do.