Manager, Operations Finance

Requisition ID # 172845 

Job Category: Accounting / Finance 

Job Level: Manager/Principal

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Operations Finance team provides critical financial support to the core organizational units of PG&E. This support includes financial analysis; budgeting, planning, and forecasting; monitoring, controlling, and accounting; operational performance reporting and analysis; and strategic planning and analysis. These services are critical to achieving the company’s strategic, operational, and financial objectives. 

The Operations Finance department provides a unique environment for energized and talented finance professionals to engage in the business as valued functional advisors, make meaningful contributions to the direction of a dynamic business, and be actively developed and recognized.

Position Summary

The Manager, Operations Finance, will provide management guidance and oversight of a team of operations finance analysts, who provide financial planning and reporting services to the Information Technology (IT) team at PG&E. You will serve 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. Additionally, you will oversee budget planning, forecasting, and reporting support for IT.

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

Job Responsibilities

Business/Operational Strategy Development:

• Partners with all levels of management 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.
• Ensure 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 on 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.
• Develop and implement 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 work experience
• 2 years of experience leading and developing teams.
• 5 years’ work experience to include core FP&A deliverables – planning/budgeting, analysis, forecasting, month-end Close, ad hoc analysis, and business case development.

 Desired:

• MBA or equivalent.
• 2+ years’ experience in technology finance space
• Prior experience working in technology and/or regulated industry.

Compensation

PG&E is providing the full salary/pay range for this position. The actual amount paid to an individual will be based on multiple factors, including, but not limited to, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location. The range to reasonably expect will be around the minimum and the midpoint of the range. The final decision will be made on a case-by-case basis related to the factors above. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.

• Bay Area Min: $140,000
• Bay Area Mid: $189,000
• Bay Area Max: $238,000