Accounting Associate I - Los Angeles, CA

Primary Purpose

Supports accurate financial recordkeeping by processing routine transactions and maintaining compliance with established accounting standards.

Responsibilities/Duties

• Follows established accounting procedures for processing standard transactions.
• Escalates discrepancies or variances to senior accountants for resolution.
• Posts routine journal entries and reconciles accounts under supervision to maintain accurate ledgers following Generally Accepted Accounting Principles (GAAP).
• Assists in preparing basic financial reports and schedules for internal stakeholders.
• Maintains organized documentation of accounting transactions in compliance with company policies and internal controls.
• Responds to inquiries regarding invoice coding, expense reports, and payment status.
• Supports month-end close activities by completing assigned tasks within accounting systems.
• Verifies data entry for accuracy and completeness in financial software.
• Performs other duties as assigned.

Education

• Typically requires a 4-year degree in a relevant field, or equivalent combination of relevant education and experience.

Experience

• Typically requires 0 years of related experience.

Knowledge, Skills & Abilities

• General Ledger - The process of maintaining accurate and up-to-date general ledger accounts to reflect the financial position of projects accurately.
• Financial Reporting - The ability to prepare and present financial statements and reports, such as monthly financial statements and work-in-progress reports, to stakeholders.
• Regulatory Compliance - Ensuring an organization's adherence to laws, regulations, guidelines and specifications relevant to its business processes.
• Accounts Reconciliation - Comparing sets of financial records to ensure accuracy and prevent balance sheet errors.
• Financial Analysis - Analyzes the financial statements and data to provide insights about the financial performance and position of the organization over time.
• Communication Management - The systematic planning, implementing, monitoring, and revision of all the channels of communication within an organization and between organizations.
• Financial Auditing - An objective examination and evaluation of the financial statements of an organization to make sure that the financial records are a fair and accurate representation of the transactions they claim to represent.
• Cash Management - Cash management refers to a broad area of finance involving the collection, handling, and usage of cash. It involves assessing market liquidity, cash flow, and investments.
• Accounting Principles and Standards (IFRS, GAAP) - Apply financial reporting framework prescribed by the relevant governing body to ensure all transactions meet regulatory requirements.
• Budgeting - The ability to plan and allocate financial resources for projects, ensuring expenditures align with strategic goals and financial constraints.

Benefits

SoCalGas offers a comprehensive benefits program to help support employees both personally and professionally. These benefits include, but are not limited to:

• Competitive pay & Annual Bonus program
• Medical, dental, and vision packages (plus free Mental Health resources/sessions)
• 401K company match & Company provided Pension Plan
• Work/Life Balance including generous PTO
• Wellness Programs/Classes
• Tuition/Education Reimbursement
• Career Development Tools & Resources through SoCalGas University

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Note: SoCalGas strives to ensure that employees are paid equitably and competitively. Starting salaries may vary based on factors such as relevant experience, qualifications, and education. SoCalGas offers a competitive total rewards package that goes beyond base salary. This position is eligible for an annual performance-based incentive (bonus) as well as other merit-based recognition. Company benefits include health and welfare (medical, dental, vision), employer contributions to retirement benefits, life insurance, paid time off, as well as other company offerings such as tuition reimbursement, paid parental leave, and employee assistance programs.