Manager, Business Finance

Requisition ID # 165507 

Job Category: Accounting / Finance 

Job Level: Manager/Principal

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Overview

Finance’s vision is to build and sustain leading finance capabilities to support PG&E’s vision.

Position Summary

Oversees the teams that provide financial planning and reporting services to the Information Technology (IT) team at PG&E. Serves as the primary contact for all finance and accounting, operational performance, and budget and forecasting inquiries for the IT line of business (LOB) within PG&E. Oversees budget planning, forecasting, and reporting support for IT. Provides management guidance and oversight to employees on the assigned Business Finance team.

Job Responsibilities

Business/Operational Strategy Development:

• Partners with all levels of management to gather, analyze, validate, and summarize business information to prepare recommendations on program plans, trended future funding requirements, operating forecasts, and other financial matters.
• Works closely with peer managers, other departments outside Business Finance, and the leadership within the line of business on the analysis and validation of the 3- and 5-year planning results.
• Provides consultation to model financial performance under various regulatory scenarios, competitive scenarios, and resource constraints.
• Supports and provides advice on the following major financial endeavors: Three- year and Five-year Capital Plan, Quarterly Business Review Support, Program Forecasts and Trends
• Stays abreast of cutting-edge analytics and provides actionable information to help drive financial performance.
• Provides advice and counsel to Director as needed. 

Program Financial Management:

• Provides expert financial advice and policy interpretation on all levels of financial activity within the organization and its programs.
• Drive monthly financial reporting from both a cost and unit perspective.
• Ensure governance is properly monitored and established to ensure corporate policy and cost flow on a proper basis.
• Ensures that business transactions are captured to yield actionable business results. Consults with peer managers, other departments outside Business Finance and LOB leadership to ensure program plans are focused to the desired end result.
• Analysis of monthly program financial results.
• Monthly Expense & Capital Spending (ECS) program variance explanations and program forecasts.
• Ad-hoc Analyses, as required.
• PCC cost management and headcount reporting
• Understands utility accounting fundamentals and the PG&E cost model to consult on program issues.

Performance Management and Measurement: 

• Acts as a consultant to management on operational performance management tools and measurement. Works closely with peer managers, other departments outside of Business Finance, and the leadership team on the assessment of value-creating improvements, including the identification of cost drivers and the determination of yield on process improvements (measurement methods).
• Internal and external benchmarking.
• Process improvements, including root cause analyses.
• Interprets financial and operating results and provide recommendations.
• Develops and implements analytical techniques to gain insights on operational results.
• Provides financial training to business partners as needed.

Supervisory Responsibility:

• Builds and manages a team of high-performance professionals.
• Coaches Business Finance Analysts and provides timely and constructive feedback on individual performance including employee goals, career coaching, development plans, etc.

Qualifications

Minimum:

• Bachelor’s degree or equivalent experience
• 2 years of experience leading and developing teams
• 5 years in core FP&A deliverables – planning/budgeting, analysis, forecasting, month-end Close, ad hoc analysis, business case development, etc.

Desired:

• MBA or equivalent.
• Job-related finance experience, 8 years.
• Leadership experience, 2 years.
• Experience in technology finance space, 2+ years.
• Prior experience working in technology and/or regulated industry.