Title: Accountant Journey

Department: Financial & External Reporting

Location:

Sacramento, CA, US, 95817-1899

Category: Accounting/Financial

Minimum Pay Rate: $93,516.80

Maximum Pay Rate: $123,843.20

Limited Term Position: Yes

Civil Service Status: Non-Civil Service

Apply by Date: 11/06/2024

Posting Type: Open

This posting intends to fill one (1) limited-term position, and establish an eligibility list which may be used to fill future regular full-time or limited term vacancies over the next two (2) years.

The Accounting Department is looking for a two-year limited-term Accountant Journey to fill a key role on the Financial and External Reporting team. In this position, you will be responsible for the daily activities to ensure timely and accurate accounting records, including financial reporting as well as collaborating closely with colleagues to facilitate the month-end and year-end close processes.

Purpose

Performs routine professional accounting for operations, maintenance and capital expenditures; ensures accurate recording, classification, allocation and reporting of costs in compliance with applicable SMUD policies and state and federal regulations and guidelines; maintains the integrity of the general ledger and processes timely tong-term debt accounting and payment documents.

Nature and Scope

There are three (3) levels in this job classification series that have similar job content but with progressively more challenging degrees and levels of skill, responsibility, knowledge, experience and qualification requirements: ? ??

Flex Classifications (that permit progression from lower-level classes to higher level classes without examination based upon assessment of an individual's experience and performance) within the series:

• Entry: Incumbent acquires knowledge, skills and abilities to perform the tasks associated within the series but are not yet demonstrating these at the Journey level. ?

• Journey: Incumbent is demonstrating the required skills and knowledge to independently perform the full scope of the job. ? ??

Non-Flex Classification (that promotes from lower-level classes to a higher level class and requires an examination, such as an interview, based upon individual experience and performance) within the series: ?

• Senior: Advanced journey level resource who is responsible for advanced assignments, as dictated by the work needing to be performed; may serve in a lead capacity. ? ?

Entry to Journey: Incumbents at the entry level are required to successfully "progress" to the journey level within 60 months of appointment to remain within the job series. ?

Seniors must be hired through a promotional process and do not automatically progress from lower levels in the series.

Duties and Responsibilities

• Performs standard and specialized accounting activities for recording and reporting costs relating to property/capital and operation & maintenance expenses; ensures records are accurate and current; oversees the transfer of completed capital costs from in progress to in service; prepares and maintains source and input documents to update property and general ledger accounts; prepares, distributes and explains project cost reports; provides training and task oversight to others in the accounting unit.

• Maintains integrity of the general ledger by verifying, classifying and recording SMUD transactions in accordance with FERC and GAAP.

• Monitors, reviews, interprets and applies SMUD and state policies and procedures and Federal Energy Regulatory Commission requirements and guidelines related to definition of costs, methods of cost collection, procedures for recording and reporting costs and authorizations for purchases or payments in all aspects of SMUD's property and expense accounting.

• Ensures completion of special accounting projects/assignments; establishes work plans and provides information, training, and expertise on accounting practices and the accounting system to work groups, SMUD entities and cost-initiating areas; establishes, monitors, and reports project status and facilitates review and revision of work plans.

• Establishes review methods to ensure accuracy, thoroughness and consistency of accounting records end reporting of project costs by conducting systematic reviews of source documents; maintains ongoing review of final classifications of all property; ensures controls on accuracy and thoroughness of data entering the accounting system; resolves discrepancies in cost classifications through processing adjustments in accordance with SMUD policies and state and federal regulations.

• Maintains timely and accurate debt service payments by preparing and maintaining debt service records and reviewing compliance with bond covenants.

• Provides support for management decision making by responding to requests for information, developing, producing and distributing accounting reports and serving on project teams as an accounting resource.

• Assists in planning, reviewing and conducting work activities and researching required project information associated with department internal/external projects in accordance with established task objectives end schedules as outlined in the project plan/contract.

• Performs related duties as required.

Required Education

• Bachelor's degree with a major in accounting, finance or a closely related field. Progressively responsible experience in accounting processing, compiling, reconciling, analyzing and reporting financial information may substitute for education on a year for year basis.

Required Experience Qualifications

• At least three (3+) years of progressively responsible relevant work experience in accounting analysis, including one year of experience using an Enterprise Resource Planning system, i.e. Oracle, SAP, WorkDay, etc.

Knowledge Of

Principles and practices of public agency financial management including general and governmental accounting, budgeting, auditing, and reporting functions as well as GAAP, GASB and FASB guidelines; principles, systems and concepts related to Federal Energy Regulatory Commission (FERC) accounting; SMUD accounting systems and procedures, both manual and automated; principles and practices of automated financial systems; SMUD procedures related to accounts receivable and accounts payable; federal, state and local laws, codes and regulations related to accounting, financial reporting and rate regulation issues; principles and procedures of record keeping; principles of business letter writing and report preparation; office procedures, methods, and equipment including computers and applicable software applications such as word processing, spreadsheets, and databases; English usage, spelling, grammar, and punctuation.

Skills To

Perform professional accounting assignments; examine and verify financial documents, reports, and transactions; prepare a variety of budgets, financial statements, reports, and analyses in conformance with GAAP and established policies and procedures; analyze, post, balance, and reconcile financial data, ledgers, and accounts; analyze and interpret financial data and recognize accounts that need investigation; perform mathematical calculations; understand, interpret, and apply general departmental policies and procedures as well as applicable federal, state, and local policies, laws, and regulations; prepare clear and concise reports; plan and organize work to meet changing priorities and deadlines; operate office equipment including computers and supporting word processing, spreadsheet, and database applications; communicate effectively orally and in writing internally/externally; establish and maintain effective working relationships internally/externally.

Desirable Qualifications

• Bachelor's degree in Accounting

• Work experience in Accounting systems, procedures and financial reporting

Physical Requirements

Applicants must be able to perform the essential job functions with or without a reasonable accommodation.

Sacramento Municipal Utility District (SMUD) - Who We Are

As the nation's sixth-largest community-owned electric service provider, we're proud of our reputation as one of the best places to work in Sacramento. Our employees tell us in our engagement surveys they're "Happy, satisfied and engaged" which helps create a workplace that best serves our customers. Sacramento was named as the 2nd happiest place to work in America by Forbes Magazine. Lake Tahoe, San Francisco and the world-renowned Napa Valley are within easy driving distance of our locations.

Our Commitment to Diversity & Inclusion

SMUD celebrates diversity, and inspires an inclusive culture based on trust and respect to create belonging and connection among our employees, customers, and communities. By working together, we are powering positive, equitable opportunities for all. We aspire to be a workplace where you can be yourself, achieve your best, and thrive together.

An example of our commitment to Diversity, Equity, Inclusion, and Belonging is when SMUD signed the California Equal Pay Pledge in 2020. This requires equal pay for employees who perform "substantially similar work," when viewed as a composite of skill, effort, and responsibility at the time those employees started within that classification. As such, initial hiring salary range is not subject to negotiation and salaries will vary over time based on performance.

SMUD is proud to be an equal opportunity employer. We do not discriminate in employment decisions on the basis of race, color, religion, gender (including pregnancy), national origin, political affiliation, sexual orientation, gender identity or expression, marital status, disability, genetic information, age, veteran status, or any other applicable legally protected characteristic. All employment decisions are made on the basis of individual qualifications, merit, and business needs and interests.

Why Sacramento, California?

The capitol of California, Sacramento is the state's sixth-largest city, and the 35th largest in the U.S. Local universities include California State University, University of the Pacific's McGeorge School of Law, and the University of California, Davis and several competitive community colleges. The UC Davis Medical Center, a world-renowned research hospital, is one of more than a dozen hospitals and shared services centers in the Sacramento region. Part of the agriculturally-rich Central Valley, Sacramento is at the forefront of the farm-to-fork food movement. Northern California is home to some of the country's top technology companies, including Google and LinkedIn, and a multitude of startups in many industries. Sacramento is home to the NBA Kings, the River Cats (AAA baseball), the Republic FC (soccer) and the San Francisco Giants, NBA Warriors and NFL 49er's aren't far away. Sacramento offers an affluent liberal arts community with Broadway, Mondavi Center, Crocker Museum and summer musical theater to name a few.

Hybrid Work

This position may be eligible for SMUD's remote work employee benefit, the schedule of which will be determined by the successful candidate and the Hiring Manager. SMUD takes pride in powering the Sacramento region community where we live and work. We value the strong working relationships we develop with our colleagues. Our approach to remote work will continue to evolve. Please be aware that should SMUD's business needs change, emergencies occur, or various other reasons arise, you may be required to report onsite on a part-time or full-time basis.

SMUD provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. SMUD complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

SMUD expressly prohibits any form of unlawful employee harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of SMUD employees to perform their expected job duties is absolutely not tolerated.

Req ID: 1746