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PG&E Sr. Director, Accounting (Assistant Controller) in Oakland, California

Sr. Director, Accounting (Assistant Controller) Location Oakland, California;

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Requisition ID # 146476

Job Category: Accounting / Finance

Job Level: Senior Director

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Position Summary

The Senior Director, Accounting oversees the financial, energy, capital and reporting functions for all of PG&E Corporation and Utility. Ensures the delivery of accurate and timely financial data to support strategic decision making and compliance with financial reporting requirements.

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.

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 towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.​

A reasonable salary range is:

Bay Area Minimum: $186,000

Bay Area Maximum: $316,000

Reporting Relationship

This position reports to the Controller

Responsibilities

  • Builds and leads a team that supports the company’s financial accounting and reporting, , technical accounting, asset accounting and cost recovery of the company’s capital investments.

  • Ensures the timely and effective implementation of financial processing and external reporting requirements.

  • Determines the appropriate accounting treatment for the Company's significant and/or non-recurring transactions. This involves interaction not only with the finance and accounting departments, but also with business partners like project governance, energy, gas or nuclear procurement groups, Banking and Money Management and Regulatory Relations

  • Assesses emerging Generally Accepted Accounting Principles (GAAP) and interacts with peers within the utility industry to determine how new guidance potentially can or will affect the Company and/or the industry. In addition, research and implement new accounting standards, including training of relevant departments that are affected by the accounting guidance.

  • Manages all regulatory accounting requirements of the FERC and the CPUC, including the maintenance of the FERC books of account and the preparation of the required monthly, quarterly and annual filings with the regulatory agencies.

  • Manages the appropriate resolution of issues raised by internal and external auditors, risk management and other parties as it relates to financial controls and compliance.

  • Establishes the company’s annual capital expenditure and capital-related item forecasts.

  • Monthly monitoring of the company’s performance with the capital expenditure and capital-related item forecasts, including reporting to senior management to drive performance improvements.

  • Establishes the company’s capital accounting policies and procedures.

Qualifications

Minimum:

  • Bachelor’s degree in Accounting, Business, Finance, or Engineering or related field, or equivalent work experience.

  • 10 years of combined work experience, including leadership positions with a focus on accounting, finance or regulatory responsibilities

Desired:

  • Master’s Degree in Accounting, Business, Finance, or Engineering

  • One or more of the following: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Chartered Financial Analyst (CFA)

  • Utility experience

  • Strong knowledge of GAAP and SEC.

  • Effectively presents to senior management and the Board of Directors.

  • Lead process improvement and other major initiatives for the organization.

  • Ability to actively engage in company-wide forums to ensure the company’s capital accounting needs are given appropriate consideration

Leadership Qualities

PG&E expects its leaders to conduct themselves with the highest ethics and integrity and to embody specific leadership qualities.

Strategic Mindset

  • Seeing ahead to future possibilities and translating them into breakthrough strategies.

  • Operating effectively, even when things are not certain or the way forward is not clear.

  • Strategic – sees the big picture, but can focus in on short term needs.

A Leader in the Community and Industry

  • Effectively building formal and informal relationship networks inside and outside the organization.

  • Anticipating and balancing the needs of multiple stakeholders.

  • Ability to build effective and collaborative partnerships with other PG&E departments

  • Skilled at listening, engaging in dialogue, and distributing information to the intended stakeholders.

Demonstrates Safety Leadership

  • A safety champion in words and deeds with respect to both employee and public safety

  • Maintaining an environment of open dialog and free of retaliation

Influences and Inspires

  • Using various communications that convey a clear understanding of the needs of different audiences.

  • Strong communication (both written and verbal) skills and interpersonal skills.

  • Maneuvering comfortably through complex policy, process, and people-related dynamics.

  • Create and sustain a culture of open and transparent communication at all levels in the company.

  • Ability to harness multiple stakeholders, agendas, and biases into action plans.

Optimizes Team Performance

  • Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.

  • Creating a climate where people are developed and motivated to do their best to help the organization

  • Results Orientation – highly accountable for personal, team and organization results; drives results; high execution orientation with a history of resource alignment in a matrixed environment.

Values Diversity and Creates Inclusion

  • Recognizing the value that different perspectives and cultures bring to an organization.

Fiscally Responsible

  • Interpreting and applying understanding of key financial indicators to make better business decisions.

  • Planning and prioritizing work to meet commitments aligned with organizational goals.

Leads Ethically and in Compliance

  • Sponsoring and sustaining a high integrity speak-up corporate culture which prioritizes ethics, safety and compliance

  • Building on necessary level of industry, company and subject-matter expertise, including laws and regulations

Provides a high level of customer service

  • Building strong customer relationships and delivering customer-centric solutions.

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