Principal Financial Analyst

Requisition ID# 165523

Job Category: Accounting / Finance

Job Level: Manager/Principal

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Business Finance teams provide financial planning and reporting services to PG&E. They are the primary contact for all finance and accounting, operational performance, and budget and forecasting inquiries for a specific line of business (LOB) within PG&E.

The Finance - Enterprise Reporting & Analytics team serves as the strategic partner across Business Finance, their LOB partner teams, and the broader Finance organization to drive analytical and process governance standards and reporting. Our mission is to enable data-informed problem solving and decision making and drive continuous improvement leveraging strategic tools, technology, and best practices. We specialize in reporting, visual management, modeling, and analytics to mitigate risks and optimize process performance, serving our hometowns through financial stewardship and industry best practices.

Position Summary

The successful candidate will join the Finance - Enterprise Reporting & Analytics team as the Principal Financial Analyst reporting to the Director of Finance - Enterprise Reporting & Analytics, focusing on financial program management of a funding source called Volumetric Performance Fees (VPFs). This role will be the key Finance lead for ensuring that PG&E adheres to legislation and CPUC directives regarding how VPFs can be spent and what reporting must accompany such spend. This is a unique opportunity to coordinate across LOBs within PG&E, partnering with SMEs and other leaders across the Enterprise to apply VPFs to further key Public Purpose Priorities. Few non-Officer roles provide such opportunity to gain insights and understanding of PG&E's Enterprise-level priorities and strategic spend allocations.

The role is hybrid working from your remote office and in-person at the Oakland General Office 1-3x weekly or based on business needs.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of thejob posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will bebased on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience,market value, geographic location, and internal equity.Although we estimatethe successful candidate hiredinto this rolewill beplaced between the entry point and the middle of the range, the decisionwill be made on a case-by-casebasis related tothese factors.

This job is also eligible to participate inPG&E's discretionary incentive compensation programs.

A reasonable salary range is:

Bay Area Minimum: $136,000

Bay Area Maximum: $232,000

Job Responsibilities:

• Partners with leaders across the enterprise to drive and influence strategic planning and decision making.
• Ensures that PG&E appropriately reviews potential spend allocations of VPFs, establishes a written annual plan for such spend, allocates internal budget accordingly during annual planning, and produces a post-spend report for submission and review by the CPUC and/or third-party auditors.
• Prepares and supports financial testimony, work papers, etc. for use in regulatory proceedings. Build and maintain strong working relationships with LOBs and Business Partners.
• Serves as main point of contact/lead for third party auditors in VPF-related audits.
• Strategically partners with Regulatory, Legal, and others as a Finance Partner for spend allocations related to ongoing CPUC decisions.
• Collects data from a wide variety of enterprise databases, potentially including but not limited to SAP, CC&B, ECC, Alteryx, Foundry, SQL, Excel, plain or formatted text files, etc.
• Uses interactive data visualization tools such as Power BI to present results.
• Responsible for timely and effective resolution of reporting issues and complex analysis.
• Implements process improvements, including root cause analyses.
• Coaches, mentors, and trains others as needed.
• Identifies methods to promote efficiency within existing processes, creates a best practices environment.
• Leads special projects and initiatives as assigned. Develops and manages processes as needed.
• Acts as a thought leader, applying extensive unique subject matter expertise in the development of strategy or resolution of complex issues.
• Anticipates issues and develops innovative solutions.

Qualifications

Minimum:

• Bachelor's degree in Accounting, Finance, Business, Engineering, or other related fields
• 8 years of job-related experience

Desired:

• Successful track record of working collaboratively with and leading teams.
• Ability to execute tactically as well as depict the whole idea/analysis strategically for Leadership teams across the enterprise.
• Comfort interfacing with higher levels of the organization when communicating results and making recommendations.
• Ability to synthesize research, provide perspective, and develop implications for various stakeholders.
• Strong experience with MS Office Suite (Excel, Word, PowerPoint).
• Audit experience.
• Program management experience.
• Regulatory experience, including responding to data requests and/or writing testimony.
• Understanding of incrementality in a utility rate case context.
• Understands utility accounting fundamentals and the PG&E cost model to consult on program issues.
• Passion for understanding stakeholder needs and requirements.
• Working knowledge of SAP R3, SAP BW.
• MBA, CPA and/or CFA, or Data Science education.
• Excellent research and issue resolution skills.