Accounting Analyst

Pacific Gas And Electric Company San Francisco , CA 94118

Posted 1 week ago

Requisition ID # 20862

Job Category : Accounting / Finance

Job Level : Individual Contributor

Business Unit: Finance and Risk

Job Location : San Francisco


Based in San Francisco, Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States.And we deliver some of the nation's cleanest energy to our customers in Northern and Central California. For PG&E, Together, Building a Better California is not just a slogan.It's the very core of our mission and the scale by which we measure our success. We know that the nearly 16 million people who do business with our company count on our more than 24,000 employees for far more than the delivery of utility services.They, along with every citizen of the state we call home, also expect PG&E to help improve their quality of life, the economic vitality of their communities, and the prospect for a better future fueled by clean, safe, reliable and affordable energy.

Pacific Gas and Electric Company is an Affirmative Action and Equal Employment Opportunity employer that actively pursues and hires a diverse workforce. 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 informationor any other factor that is not related to the job.

Department Overview

PG&E's dynamic Capital Accounting team provides accurate and timely delivery of the company's consolidated financial statements, variance analyses, account reconciliations, and other analyses that support the filing of Forms 10Q and 10K. The department is also a key provider of financial analysis and support for the company's capital forecasts and budgets as well as filings and analysis that supports the company's regulatory rate cases, specifically the recovery of the company's $80 billion in plant assets. The Capital Accounting group works with many stakeholders throughout PG&E to maintain effective oversight and understanding of the Company's capital expenditures.

The Asset Accounting team plays a critical role in ensuring the accuracy of PG&E's financial information related to Property, Plant and Equipment and Accumulated Depreciation, Asset Acquisitions, Sales, Retirements, and Asset Retirement Obligations. Asset Accounting provides a great place for energized and talented employees to ignite their career and make a contribution and be recognized. 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.

Position Summary

We are seeking a highly motivated, capable Accounting Analyst to work in our Asset Accounting team. The Accounting Analyst will develop expertise in the area of capital asset lifecycle and ultimately become the Subject Matter Expert for Construction Work in Progress (CWIP), Allowance for Funds Used During Construction (AFUDC) and other plant accounts. This is an excellent opportunity to showcase and continue development of analytical skills and work in a high profile department where you can make a contribution and be recognized.

Job Responsibilities

  • Participate in the day-to-day operations of the Capital Accounting group to ensure that group responsibilities are completed by the prescribed due dates.

  • Responsible for overseeing accounting areas including CWIP and AFUDC. This includes gathering, calculating, analyzing, and recording monthly journal entries and ensuring entries have adequate supporting documentation and are in accordance with GAAP and Journal Entry Policies and Procedures.

  • Perform account reconciliations and Balance Sheet variance analysis for assigned accounts. Contribute to the financial reporting process through preparation of schedules supporting disclosures.

  • Perform quarterly Sarbanes-Oxley testing for department to ensure compliance.

  • Work closely with various departments including Finance, Asset Management and Construction Teams, Regulatory Relations, Law and Tax to complete responsibilities. Strong communication skills and the ability to work with cross-functional teams are critical for success in this role.

  • Identify and implement process improvements.

  • Perform special projects as requested by the supervisor and manager.



  • BA/BS in Accounting, or related filed, or equivalent work experience

  • 2 years of accounting experience

  • Computer skills (basic Excel/Word/PowerPoint).


  • Demonstrated knowledge of Microsoft Excel, Word, and PowerPoint

  • Developed analytical and judgment skills

  • Strong communication skills - written and oral

  • Strong knowledge of GAAP, SEC and FERC requirements,

  • Accountability and Ownership

  • Demonstrated knowledge of SAP Financial (FI) module

  • Demonstrated knowledge of financial analysis and internal controls

  • Demonstrated knowledge of Utility ratemaking

  • CPA license or equivalent

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Accounting Analyst

Pacific Gas And Electric Company