Asset Accounting Manager

Portland General Electric Company•Portland, OR

3d•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 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. 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.
CPA is preferred.
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
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.
Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.
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.
One very important way we live this out is in our application and interview process.
We work hard to support individuals who may need an accommodation to fully participate in these processes.
If you feel you may need an accommodation, or would like to request one, please notify the Recruiter associated with the job posting.
You may also make this request by contacting [email protected] or by calling 503-464-7250.
The Recruiter will provide information and next steps for the accommodation process.