Senior Accounting Advisor

2 weeks ago

Rosemead, California, United States Southern California Edison Full time
Accounting Expert Senior Advisor

Join Southern California Edison's team and contribute to the company's mission to power the future with cleaner energy.

This role is part of the Technical Accounting group within the Controller's Department, where you will work closely with professionals to provide accounting interpretation and implementation guidance associated with accounting standards.

As a Senior Accounting Advisor, you will be responsible for conducting critical assessments, educating, and implementing significant accounting guidance updates on a US GAAP, Statutory, and Regulatory basis.

You will also act as a subject matter expert to assist external financial reporting teams in reviewing quarterly and annual reports filed with the SEC, engage with external auditors on complex topics, and provide technical accounting guidance and application related to significant strategic and complex transactions.

This role requires a detailed knowledge of U.S. Generally Accepted Accounting Principles (US GAAP) in areas such as leases, revenue recognition, derivatives, and variable interest entities as well as ASC 980 - Utilities.

As a Senior Accounting Advisor, your work will have a significant impact on the company's financial reporting and compliance with regulatory requirements.

Key Responsibilities:

  • Conduct critical assessments, education, and implementation of significant accounting guidance updates on a US GAAP, Statutory, and Regulatory basis
  • Act as a subject matter expert to assist external financial reporting teams in reviewing quarterly and annual reports filed with the SEC
  • Engage with external auditors on complex topics to align proposed accounting treatment
  • Provide technical accounting guidance and application related to significant strategic and complex transactions
  • Partner with senior-level leadership in Finance areas across the various businesses and corporate departments regarding appropriate accounting treatment for significant, complex, and strategically important transactions
  • Deliver technical accounting advice to other departments with regards to accounting for financial products and structures
  • Support the Finance function in compliance with the SCE standard accounting practices and US GAAP
  • Support audit/regulatory exam review of accounting conclusions
  • Interpret the impact of emerging US GAAP and Statutory accounting guidance for all lines of business and lead the cross-functional working group that facilitates the accounting and operational objectives ensuring SCE's readiness upon implementation
  • Conduct technical accounting training when and if needed
  • Collaborate with cross-functional teams to ensure accurate and consistent application of our capital vs expense accounting policies

Requirements:

  • Seven or more years of experience in accounting
  • Experience with interpreting and applying US GAAP
  • CPA (or equivalent) preferred
  • Master's degree or higher in accounting, Business, Finance, or related discipline preferred
  • Experience in a public accounting firm (preferably with a Big 4 firm) with large SEC clients or experience at FASB or SEC
  • Strong quantitative and analytical skills combined with proven business and financial acumen
  • Strong technical and general accounting knowledge and ability to research FASB, SEC, and other accounting in contract reviews
  • Experience in energy/utility industry

Work Mode:

This role is a hybrid position, with the employee reporting to an SCE facility for a set number of days and working remotely on the remaining days.

Further details of this work mode will be discussed at the interview stage.

The work mode can be changed based on business needs.

Relocation does not apply to this position.

Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

About Southern California Edison:

The people at SCE don't just keep the lights on. Our mission is so much bigger. We're fueling the kind of innovation that's changing an entire industry, and quite possibly the planet.

Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand.

At SCE, you'll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.

At SCE, we celebrate our differences. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected characteristic.

Please contact us to request accommodations.

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