Senior Asset Accounting Analyst

Pacific Gas and Electric Company; Oakland (CA); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Pacific Gas and Electric Company seeks a Senior Accounting Analyst in Oakland to support accounting for capital assets, decommissioning obligations, and related financial reporting. The role partners with stakeholders across the company to drive accuracy and compliance under GAAP, FERC, and SEC guidelines.

The position combines remote work with regular in-person collaboration at the Oakland General Office, typically one day per week or more depending on needs.

Qualifications

• Strong knowledge of GAAP, SEC, and FERC requirements.
• Proficient computer skills including Excel, Word, and PowerPoint.
• CPA or equivalent or substantially complete preferred.

Responsibilities

• Participate in day-to-day operations of the accounting group to meet monthly due dates.
• Maintain internal controls and review areas for policy compliance.
• Research GAAP and regulatory guidance for appropriate accounting treatment.
• Prepare monthly journal entries, reconciliations, and variance analyses for capital assets, depreciation, and retirement obligations.
• Collaborate to maintain policies and procedures across the department.
• Lead process improvements and develop financial reporting tools.
• Develop expertise in the capital asset life cycle and related accounting issues.
• Work with management and other departments including Tax and Regulatory groups.
• Ensure integrity of financial statements through timely analytics.
• Perform special projects as required.

Skills

GAAP knowledge

SEC knowledge

FERC knowledge

Excel

PowerPoint

Power Platform

Education

BA/BS in Accounting or related field

Tools

SAP

Power Plan

Microsoft Power Platform

Job description

Requisition ID # 173653

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.

TheCompanyplans tospend $12billionon capitalexpenditurein the coming year.Thework of thishigh-profileteam will provide the successful candidate with challenge and variety as well as exposure to key individuals throughout the company.

Position Summary

Join PG&E's Capital Accounting team and play a key role in accounting for more than $125 billion in property plant and equipment and $5.5 billion in asset retirement obligations that help power and serve millions of Californians.

As a Senior Accounting Analyst, you’ll work cross functionally by partnering with stakeholders across the company to support major infrastructure investments and critical financial reporting processes. This is a highly visible role that offers the opportunity to solve complex business and accounting challenges, influence key decisions, and contribute to initiatives with significant financial impact.

We're looking for a motivated professional who enjoys analyzing complex issues, working with large and diverse data sets, and translating technical accounting concepts into clear and actionable recommendations. The ideal candidate is a strong communicator, critical thinker, and collaborative partner who thrives in a dynamic environment and is eager to expand their expertise while making a meaningful contribution to PG&E's mission.

This position follows a hybrid work model, combining remote work with regular in-person collaboration at the Oakland General Office, generally one day per week or more based on business needs.

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 conceptsExperience with Microsoft Power Platform