Asset Accounting Manager

Power Your Greatness!

PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability, inclusion and belonging.

General Purpose

Manages the day-to-day processes, activities and issues resolution for the fixed assets accounting team. Responsible for maintaining compliance with fixed asset accounting policies under GAAP and FERC, as well as establishing and maintaining appropriate fixed assets accounting processes and associated SOX controls. Manages and allocates employee resources. Responsible for selecting, coaching, and developing employees and responsible for management of employee salaries.

Responsibilities

• Oversee team of approximately 12 staff responsible for capital project accounting and reporting and fixed asset sub-ledger maintenance.
• Identify and resolve issues related to fixed assets, working with personnel across the organization, including in various finance and accounting departments, the regulation department, the tax department and with project managers and engineers in operational departments.
• Review journal entries and account reconciliations for completeness and accuracy. 
• Review fixed assets related report support for various external reports filed with the SEC, the FERC and the state public utility commissions.
• Oversee accounting for software and various complex transactions, ensuring proper accounting in accordance with both GAAP and FERC.
• Ensure compliance with all applicable SOX controls and month-end close accounting and reporting requirements under both GAAP and FERC.
• Provide technical accounting analysis and reporting on capitalization and other fixed asset accounting matters under GAAP, FERC and company policies, including to determine impacts to general rate case filings, the 10-year business plan and proposed transactions.
• Respond to data requests from auditors, regulation, and other ad hoc assignments from corporate finance management.
• Develop and establish policies, procedures, understand business processes, and interpret contracts. 
• Develop and apply conceptual understanding of accounting for depreciation in the utility industry, including interaction between asset retirement obligations and removal costs.
• Recommend and implement action plans for achieving team objectives.
• Select, coach, and develop employees.
• Review and evaluate employee performance and prepare annual reviews.  

Requirements

• Bachelor’s degree in Accounting or a related field; or the equivalent combination of education and experience. 
• A minimum of three years of managerial or supervisory experience. 
• Management skills including the ability to establish objectives, execute policy, monitor resources, and manage the development or implementation of a system, program, or process.
• Solid foundational knowledge of GAAP.
• Leadership and teamwork skills to provide input into policy decisions, and to mobilize resources to produce desired business results.
• Excellent communication and interpersonal skills to manage and motivate employees.
• Solid Microsoft Excel skills.
• Solid understanding of internal controls, familiarity with financial reporting, and an instilled commitment to accurate on-time completion of monthly departmental tasks and responsibilities.  

Preferences

• Proficient in FERC Uniform System of Accounts.
• Experience in the regulated utility industry.
• Advanced Degree.
• Proficiency with SAP.
• Knowledge of SEC and FERC reporting and disclosure requirements. 
• Certified Public Accountant (CPA).

Benefits

At PacifiCorp, we understand that living a healthy lifestyle isn’t just about your physical health — your mental, financial, and social wellbeing also play an important role. That’s why we offer a wide range of benefits designed to help you live a more balanced lifestyle.

Our benefits include: 

• Medical, dental, and vision insurance
• 401k with match fixed contributions, including a Roth and saving option. For union employees, matching contributions vary by union. For nonunion, PacifiCorp makes a fixed contribution equal to 4% of your eligible pay each year for new hires. In addition, PacifiCorp matches 100% of the first 6% you contribute.
• Life insurance
• Additional voluntary benefits, including pet insurance
• Tuition Assistance
• Mass Transit Pass for employees in our Portland and Salt Lake City Offices.

Work Life Balance

• Generous Paid Time Off (PTO) - Time off varies by employee type (Union or Non-Union)
• Paid short-term disability leave and long-term disability insurance
• Paid Parental Leave
• Paid Bereavement Leave 
• Employee Assistance Program supporting mental and emotional wellbeing

For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_US

Additional Information

Req Id: 114849 
Company Code: PACIFICORP #PM25 
Primary Location: PORTLAND  100% ONSITE   
Department: CFO 
Schedule: Monday-Friday (8am-5pm)
Personnel Subarea: Exempt
Hiring Range: 117,400 - 161,370

Employees must be able to perform the essential functions of the position with or without an accommodation.

PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.