Manager, Regulatory Accounting

Requisition ID# 174615

Job Category: Accounting / Finance

Job Level: Manager/Principal

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Overview

Energy Accounting plays a critical role in ensuring proper cost recovery from customers by implementing regulatory requirements from our commissions while complying with US GAAP. The department's responsibilities offer a unique opportunity to develop broad utility knowledge, understand how regulatory outcomes translate into financial reporting, and see how accounting decisions support operations, customer programs, and long-term business strategy. This dynamic team engages regularly with coworkers from our Regulatory Affairs, Law, Operations Finance, and operational teams across PG&E to understand programs, implement regulatory accounting requirements, and ensure incurred costs are properly tracked in alignment with commission authorizations. Through this work, team members gain exposure to a wide range of utility activities, build strong cross-functional partnerships, and develop the technical and business knowledge needed to support informed decision making across the company.

Position Summary

Oversees one of three teams that support regulatory accounting at PG&E Utility. With the support of a team of 5 analysts, this includes cost recovery through PG&E's General Rate Case with the California Public Utilities Commission and Transmission Owner Formula Rate with the Federal Energy Regulatory Commission. Further, this role supports the delivery of accurate and timely financial data to support strategic decision making and compliance with financial reporting requirements.

The successful candidate will provide oversight and direction to help the team navigate work that can fluctuate and evolve based on outcomes from state and federal commissions. This role requires a leader who can guide priorities, anticipate impacts, communicate effectively, escalate risks timely, and connect day-to-day accounting activities to the broader regulatory, financial, and operational objectives of the company.

Job Responsibilities

Team Leadership and Oversight

• Provides oversight, direction, and prioritization for a team of analysts supporting regulatory accounting activities.
• Sets goals, prioritizes work, supports development plans, conducts performance reviews, and provides ongoing feedback to direct reports.

Financial Close, Reporting, and Compliance

• Manages the month-end close process, including journal entries, reconciliations, controls, and variance analysis.
• Oversees preparation of supporting documentation for SEC, FERC, and regulatory filings.
• Delivers accurate and timely financial data to support strategic decision making and financial reporting requirements.

Regulatory Accounting and Commission Outcomes

• Coordinates data gathering, accounting strategy, and implementation activities in support of regulatory filings and final commission outcomes.
• Reviews and interprets policies, reporting requirements, rules, regulations, and commission directives.
• Leads the team through accounting assessments by providing guidance on applicable accounting requirements, company policies, and regulatory requirements.

Stakeholder Engagement and Process Improvement

• Partners with Directors, Managers, senior management, and cross-functional stakeholders to influence decisions and support effective engagement in regulatory accounting processes.
• Supports strategic planning and decision making by translating accounting and regulatory impacts into clear business insights.
• Identifies and implements process improvements that reduce risk, create efficiencies, and align work streams across the department and company initiatives.

Qualifications

Minimum:

• Bachelor's degree in accounting or job-related discipline or equivalent experience
• 7 years of relevant accounting experience
• Management experience with an ability to manage staff and programs.

Desired:

• 10 years of relevant experience
• Experience in consulting with employees at all-levels
• CPA-Certified Public Accountant certification

Compensation

PG&E provides 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: $126,000
• Bay Area Midpoint: $163,000
• Bay Area Maximum: $200,000