Asset Accounting Manager

Portland General Electric • Portland, OR

4d • Onsite

About The Position

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 looking 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. Working in PGE’s Accounting department is more than numbers and balance sheets. Joining this collaborative team is an opportunity to develop your skills and work on complex projects with people from different areas of expertise. Do you continuously look for ways to optimize work processes? Are you someone that is action oriented and skilled in the art of communication? If so, we are looking for you, and there is room to grow where the future is electric. Join an energy leader today! 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 the 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 be responsible for accounting transactions and ensuring 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. In this role you’ll perform accounting activities that include review and approval of journal entries and reconciliations of ledger accounts and financial statements, such as balance sheets and profit and loss statements that support our SEC and FERC filings. In addition, you will plan, align, review, and supervise accounting research, application and interpretation of the capital policy, ratemaking activities (e.g. general rate cases, stand-alone ratemaking, and other filings). You’ll also be a subject matter expert that provides analysis and consulting support to the business to help understand forecasting and budgeting variances that will assist in decision-making. In this role, you will collaborate frequently with multiple departments, such as corporate planning, rates and regulatory affairs, and various utility operations departments. Our ideal candidate is someone that is proactive about improving processes, has a collaborative mindset, and is ready to jump into leading a team to achieve strategic outcomes.

Requirements

• Requires a bachelor’s degree in engineering, business or other related field or equivalent experience.
• Prefer eight or more years in related field.
• Advanced knowledge of accounting principles and concepts, including GAAP and regulatory accounting theory and practices
• Working knowledge of other accounting disciplines, such as tax
• Advanced knowledge of internal controls, including the requirements of SOX
• Advanced knowledge of accounting policies and procedures
• Advanced knowledge of related financial systems
• Advanced knowledge of relevant utility industry operations and financial regulations
• Intermediate knowledge of enterprise/business awareness
• Advanced decision-making skills
• Advanced written and oral communication skills
• Advanced interpersonal skills
• Advanced organization and prioritization skills
• Ability to work long hours
• Ability to work a variable schedule
• Ability to report to work and perform work during periods of severe inclement weather
• Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance

Nice To Haves

• CPA is preferred.

Responsibilities

• Manage professional employees and/or supervisors
• Accountable for the performance and results of a team
• Adapts departmental plans and priorities to address resource and operational challenges
• Decisions are guided by policies, resources and business plan; receives moderate guidance from manager
• Provides subject matter guidance to employees, colleagues and/or customers
• Manages team of accounting and/or finance professionals responsible for general accounting activities, including the preparation, maintenance and reconciliation of ledger accounts and financial statements, such as balance sheets and profit-and-loss statements
• Provides technical management of an accounting/finance team, ensuring that agreed objectives are met and all relevant standards/procedures are followed
• Ensures that operational problems are identified and resolved
• Oversees accounting transactions and ensures the integrity of internal controls and accounting records for completeness, accuracy and compliance with generally accepted accounting principles, company policies and regulatory accounting.
• Monitors and manages expenditures, ensuring that all financial targets are met, and examines any areas where budgets/expenditures vary from plan
• Assists with the definition and operation of effective financial controls and decision making.
• Oversees resourcing decisions and planning for team
• Partners with HR in the definition of jobs, recruitment, evaluation and selection processes.
• Reviews organizational development needs and training strategies to determine required learning and development outcomes for the team
• Provides guidance in the creation of development plans
• Monitors ongoing progress and provides coaching and mentoring and provides feedback
• Completes annual performance management reviews.

Benefits

• Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity.
• PGE believes in rewarding dedicated performance.
• We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager