Full-Time

Asset Accounting Manager

Updated on 9/3/2026

Portland General Electric

Portland General Electric

1,001-5,000 employees

Generates and distributes electricity to customers

No salary listed

Portland, OR, USA

Remote

Daily travel within the service territory is required, with occasional overnight travel.

Bachelor's

Category
Accounting (1)
Required Skills
Forecasting
U.S. Generally Accepted Accounting Principles (GAAP)

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Requirements
  • A bachelor's degree in engineering, business, or another related field, or equivalent experience.
  • Eight or more years of experience in a related field is preferred.
  • Advanced knowledge of accounting principles and concepts, including generally accepted accounting principles and regulatory accounting theory and practices.
  • Working knowledge of other accounting disciplines, such as tax.
  • Advanced knowledge of internal controls, including Sarbanes-Oxley requirements.
  • Advanced knowledge of accounting policies and procedures.
  • Advanced knowledge of related financial systems.
  • Advanced knowledge of relevant utility industry operations and financial regulations.
  • Intermediate knowledge of enterprise and business awareness.
  • Advanced decision-making, written and oral communication, interpersonal, organization, and prioritization skills.
  • Ability to adhere to deadlines and time-sensitive tasks, follow accuracy standards, and complete decision-making tasks.
  • Ability to collaborate effectively, communicate, solve problems under stress, adapt to frequent change, and apply feedback to improve work.
  • Ability to maintain full-time attendance and work long hours, a variable schedule, and during severe inclement weather.
  • Ability to travel daily within the service territory and occasionally make overnight trips.
  • Ability to use a computer regularly for an entire work shift.
Responsibilities
  • Manage professional employees and/or supervisors.
  • Be accountable for the performance and results of the asset accounting team.
  • Adapt departmental plans and priorities to address resource and operational challenges.
  • Provide subject matter guidance to employees, colleagues, and customers.
  • Manage accounting and finance professionals responsible for general accounting activities, including preparing, maintaining, and reconciling ledger accounts and financial statements.
  • Provide technical management to the accounting and finance team, ensuring objectives are met and standards and procedures are followed.
  • Identify and resolve operational problems.
  • Oversee accounting transactions and ensure the integrity, completeness, accuracy, and compliance of internal controls and accounting records.
  • Monitor and manage expenditures, ensure financial targets are met, and investigate budget and expenditure variances.
  • Assist with defining and operating effective financial controls and decision-making processes.
  • Oversee team resourcing decisions and planning.
  • Partner with Human Resources on job definition, recruitment, evaluation, and selection processes.
  • Review organizational development needs and training strategies, create development plans, coach and mentor employees, provide feedback, and complete annual performance reviews.
  • Support accounting and controls for the lifecycle of capital projects, including construction, allowance for funds used during construction, depreciation, cost of removal, asset retirement obligations, and retirement.
  • Review and approve journal entries and reconciliations of ledger accounts and financial statements supporting Securities and Exchange Commission and Federal Energy Regulatory Commission filings.
  • Plan, align, review, and supervise accounting research, capital policy interpretation and application, and ratemaking activities.
  • Provide analysis and consulting support concerning forecasting and budgeting variances to assist business decision-making.
  • Collaborate with corporate planning, rates and regulatory affairs, and utility operations departments.
  • Assist with company storm response and other emergencies as required.
Desired Qualifications
  • A certified public accountant certification is preferred.
  • Performance-based incentive bonus eligibility.
Portland General Electric

Portland General Electric

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Portland General Electric (PGE) provides electricity to customers in Oregon and focuses on helping communities progress socially, economically, and environmentally. It works by managing and delivering power through the electric grid, investing in cleaner energy options, and using technology to improve reliability, resilience, and service delivery. PGE differentiates itself through its strong local presence and commitment to its communities—responding to disasters, addressing climate change, and pursuing the energy transformation in Oregon with a focus on customer needs and public service. The company’s goal is to advance a cleaner energy future for its region while supporting daily life, economic vitality, and community well-being.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Portland, Oregon

Founded

1930

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 industrial demand rose 11%, led by high-tech and data centers.
  • OPUC approved large-load tariffs in May 2026; July pricing boosted margin discipline.
  • PGE plans its 2027 rate case next week, targeting a 4.8% increase.

What critics are saying

  • PacifiCorp wildfire lawsuits still threaten liquidity; trials extend into 2028.
  • June 2026 nitrate suit names PGE; trial is scheduled for May 2027.
  • The $1.9 billion Washington deal needs approvals; failure kills growth and dilutes credibility.

What makes Portland General Electric unique

  • PGE is Oregon's regulated incumbent, serving 960,000 customers with transmission control.
  • May 2026 POWER Act tariff created a distinct data-center class.
  • PGE's February 2026 PacifiCorp deal adds Washington assets and 140,000 customers.

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Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
PR Newswire
Jul 31st, 2026
Portland General Electric reports Q2 2026 earnings of $0.64 per share, 11% industrial demand growth

Portland General Electric reported second quarter 2026 net income of $68 million, or $0.59 per diluted share. After adjusting for business transformation and acquisition expenses, non-GAAP net income was $74 million, or $0.64 per diluted share. Industrial customer demand grew 11% year-over-year, driven by high-tech and data centre customers. The company reaffirmed its 2026 adjusted earnings guidance of $3.33 to $3.53 per diluted share. Oregon regulators approved a new large load tariff in May, resulting in approximately 30% rate increases for data centres whilst lowering costs for other customers. New prices became effective 8 July. PGE will file its 2027 general rate case next week, proposing an approximate 4.8% overall price increase effective 1 July 2027.

MyChesCo
May 24th, 2026
PJM adds utility, reliability executives to board.

PJM adds utility, reliability executives to board. VALLEY FORGE, PA - PJM Interconnection elected former utility executive Larry Bekkedahl and former North American Electric Reliability Corporation executive Charles Berardesco to three-year terms on its Board of Managers, as the regional grid operator confronts mounting reliability and transmission challenges across the U.S. power sector. PJM members also reelected current board member Margaret Loebl to an additional three-year term, the organization announced. The appointments took effect immediately following the election process conducted under PJM's FERC-approved operating agreement. Bekkedahl recently retired as senior vice president of strategy and advanced delivery at Portland General Electric and brings more than four decades of experience across utilities and transmission organizations, including roles with Bonneville Power Administration, PacifiCorp and Montana Power. Berardesco previously served as senior vice president, general counsel and corporate secretary at the North American Electric Reliability Corporation, or NERC, where he also held interim chief executive responsibilities. "Larry and Charlie come to the Board with both regional and national perspectives in the electricity sector," PJM President and Chief Executive Officer David E. Mills stated. Their appointments come as PJM and other U.S. grid operators face growing scrutiny over electricity demand growth, transmission expansion, power plant retirements and long-term grid reliability. Loebl, who joined the PJM board in 2020, currently chairs the organization's Risk & Audit Committee. Mills credited Loebl with helping oversee changes to PJM's enterprise risk management, customer verification and credit programs during her tenure. "We're grateful to have her keen insight and experience for another term," Mills stated. Loebl previously served as executive vice president and chief financial officer of AgroFresh Solutions and has held finance, accounting and risk management leadership positions at multiple Fortune 500 companies. PJM operates the nation's largest electric grid, coordinating wholesale electricity markets and transmission systems across 13 states and the District of Columbia. Support the local news that supports Chester County. MyChesCo delivers reliable, fact-based reporting and essential community resources - free for everyone. If you value that, click here to become a patron today.

PR Newswire
May 1st, 2026
Portland General Electric reports Q1 2026 earnings of $0.38 per share amid mild winter weather

Portland General Electric reported first quarter 2026 net income of $45 million, or $0.38 per diluted share, compared to $100 million, or $0.91 per diluted share, in the same period last year. The decline reflects unusually mild winter weather and lower residential and commercial usage, though industrial demand grew 10% quarter-over-quarter, driven by data centres and high-tech customers. On a non-GAAP basis, adjusting for regulatory deferrals and business transformation expenses, net income was $68 million, or $0.58 per diluted share. The company reaffirmed its 2026 adjusted earnings guidance of $3.33 to $3.53 per diluted share. PGE is pursuing acquisition of PacifiCorp's Washington utility operations, with regulatory applications submitted and closing expected in 2027.

The Freshwater Trust
Mar 20th, 2026
New Partnership with PGE will help restore Oregon rivers and protect local fish.

New Partnership with PGE will help restore Oregon rivers and protect local fish. * March 20, 2026 * Danielle Dumont * Projects Oregon's beautiful rivers provide clean drinking water, irrigate forests and agriculture, create memorable recreation opportunities, and support unique fish and wildlife habitats. There are many ways to keep its rivers healthy, including supporting local projects that restore fish habitats. Beginning in 2026, The Freshwater Trust is partnering with Portland General Electric to distribute funds from PGE's Habitat Support Fund to benefit multiple rivers throughout its service area, including the Willamette, Sandy, and Deschutes rivers. PGE's Habitat Support Fund assists local habitat restoration projects that benefit Oregon's cold-water fish and create stronger river systems for all. The fund is made possible by Habitat Support Fund participants, who opt to pay an additional $2.50 a month to support anadromous fish habitats. "Together, PGE and The Freshwater Trust are strengthening natural ecosystems for our communities through meaningful fish habitat restoration," said Juliáe Riva, PGE Clean Energy & Environmental Grants Manager. Since 2003, PGE's Habitat Support Fund and its partners have supported hundreds of freshwater habitat restoration projects throughout Oregon. These projects benefit native fish - including salmon, steelhead, trout, and lamprey - in more than 750 miles of rivers and streams. About 10,000 PGE Green Future customers currently participate in the Habitat Support Fund. "This program provides an excellent opportunity for PGE customers to contribute to improving the Pacific Northwest's ecology," said Monique Leslie, Senior Restoration Project Manager at The Freshwater Trust. Restoration actions that have been implemented for past projects include removing fish passage barriers, opening streamflow in tributaries and side channels, creating natural, safe refuges, and restoring wetlands and riparian (or streamside) vegetation. "Oregon's migratory fish, such as salmon, are amazing and resilient species," said Leslie. "If we build the right natural conditions, they will return. Once the fish return, the whole stretch of river comes alive." New applications for funding projects will kick off in April. To learn more about the Habitat Support Fund grants and application process, please contact Monique Leslie. The Freshwater Trust is a nonprofit organization with roots in Oregon and a mission to preserve and restore freshwater ecosystems. In addition to administering the PGE Habitat Support Fund, TFT has administered the Pacific Power Blue Sky Habitat Fund, which funds projects to restore Oregon's native fish habitats, since 2011. TFT is also a member of the Drinking Water Providers Partnership, which supports restoration projects across Oregon and Washington that provide benefits to both drinking water systems and native fish. Photo credit: Freshwaters Illustrated / David Herasimtschuk

PR Newswire
Mar 13th, 2026
Robert Hoglund nominated to join Portland General Electric board of directors

Portland General Electric has nominated Robert Hoglund for election to its board of directors at the company's 2026 annual shareholders meeting. If elected, his term will begin on 1 May 2026. Hoglund brings over two decades of utility industry experience, including more than 18 years as Senior Vice President and Chief Financial Officer at Consolidated Edison. He previously spent over 15 years in investment banking, focusing on utility mergers and acquisitions, including serving as Managing Director at Citigroup. He currently serves on the boards of Middlesex Water Company and South Jersey Industries. Upon election, Hoglund will join PGE's Audit and Risk Committee and Compensation, Culture and Talent Committee. Portland General Electric serves nearly 960,000 customers across Oregon.