Jul 01, 2024

Principal Financial Accountant

  • SMUD
  • Hybrid
  • $111,093 - $147,202 yearly
Full time Accounting

Job Description

This posting has been reopened.  If you have previously applied to this hiring process, you will not need to reapply.  This posting will remain open until a sufficient quantity of qualified applicants are received by may close at any time without notice after 4/17/2024.  Applicants are encouraged to apply early. 
This posting intends to fill one (1) regular full-time vacancy AND establish an eligibility list that may be used to fill future vacancies for up to two (2) years.

This position will supervise and administer the month-end and year-end closing activities of SMUD’s consolidated financial statements.  This includes performing and overseeing the SAP closing process including setting up new general ledger accounts and orders and mapping to the SAP reports as needed.  Responsibilities will also include:

  • Overseeing the preparation of SMUD’s consolidated financial statements in accordance with SMUD standards, GAAP, FERC and GASB guidelines
  • Analysis of the financial statement variances
  • Preparation and review of the monthly executive summary to the Board of Directors
  • Implementation of new Governmental Accounting Standards Board (GASB)  pronouncements and accounting research, with assistance from the Assistant Controller and support from the Senior Accountant
  • Assisting with the preparation and review of the year-end audited financial statements, audit schedules and coordination with our external auditors
  • Overseeing the response to various financial surveys throughout the year, reviewing the monthly and quarterly utility user tax returns, and the preparation of the annual non-cash budget


This position supervises a Senior Accountant and a shared Accountant, and reports to the Manager and Assistant Controller for Financial and External Reporting.