Expert Financial Analyst - Capital Recovery and Analysis

Requisition # 174899

Job Category:
Accounting / Finance

Job Level: Individual Contributor

Business Unit:
Finance

Work Type:
Hybrid

Job Location:

Oakland

Are you ready to be part of a dynamic team at the forefront of a rapidly evolving industry? PG&E’s Capital Recovery and Analysis team in the Controller’s department is pivotal in shaping the financial future of the company. We manage the financial analysis and support for PG&E’s capital forecasts and budgets, and our work directly influences the company’s regulatory rate cases.

With over $110 billion in plant assets, our department is responsible for forecasting capital-related items that are crucial to the company’s success.

This is your chance to dive into an industry undergoing significant transformation. As part of our team, you’ll play a key role in developing and implementing processes and tools for budget and financial forecasts. You’ll analyze business results, advise partners on operational impacts, and contribute to regulatory strategy and processes. Your work will directly impact the company’s revenues and rate stability for customers.

We are on the lookout for a talented, highly motivated Expert to join our high-profile department. This is an excellent opportunity to showcase your analytical prowess and make a meaningful contribution. Here’s what you’ll be doing:

• Collaborate Across Departments: Work with various departments and management levels on forecasting and budgeting.
• Regulatory Insight: Prepare, review, and research regulatory decisions and filings.
• Present and Analyze: Prepare and present variance analysis to management.
• Strategize for Success: Forecast capital revenue requirements and analyze data for regulatory filings, strategizing to balance cost recovery and rate stability for customers.

This position is hybrid, working from your remote office and the Oakland General Office 1-2 days per week and based on business need.

You’ll support numerous organizations within PG&E, providing you with exposure to key stakeholders and insights into various lines of business. This unique opportunity allows you to learn, grow, and make a significant impact.

• Leads complex forecasting and regulatory projects
• Works with management and extended leadership to provide analysis and recommendations for regulatory and accounting issues
• Uses or enhances existing financial models and/or develops new models in Excel and/or Access for analysis and/or reporting.
• Prepares forecasts, data requests, and work papers for plant, depreciation and ratebase as part of filings to the California Public Utilities Commission (CPUC) and the Federal Energy Regulatory Commission (FERC) for PG&E’s General Rate Case (GRC), Transmission Owner (TO) rate case, and other capital-related rate case filings.
• Researches, interprets, and analyzes regulatory decisions, regulatory accounting, cost recovery proposals, revenue requirement impacts, and other analysis in support of regulatory proceedings.
• May serve as a rate case witness and support testimony in regulatory proceedings.
• May write memos or testimony on cost recovery issues.
• Coaches and Mentors Senior Analyst.
• Ability to communicate effectively to a broad range of audiences

• Prepare accurate and timely budget, forecasts and analysis for capital-related items, including plant, CWIP, depreciation, AFUDC, decommissioning, and rate base.
• Establishes, builds, and maintains relationships with key business partners. Engages with business partners (i.e. business finance; lines of businesses; accounting; tax;…