Principal Accountant, General Accounting

City of Seattle, WA

$112K — $130K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Business Administration, or related field with requisite accounting hours.
  • Professional certification as CPA preferred.
  • 4+ years of professional accounting experience, with at least 1 year as a Senior Accountant.
  • Advanced knowledge of GAAP, GASB, and FASB.
  • Experience preparing complex financial statements and using large financial systems.

Responsibilities

  • Lead monthly and annual financial close processes across units.
  • Supervise accurate retail revenue accounting and reporting.
  • Prepare complete monthly financial statements under management direction.
  • Coordinate monthly variance analysis with clear explanations.
  • Prepare for annual audits and liaise with external auditors.
  • Ensure compliance with financial controls and regulations.
  • Research and implement accounting standards and financial policies.

Benefits

  • Comprehensive benefits package including vacation, holiday, and sick leave.
  • Medical, dental, vision, life and long-term disability insurance for employees and dependents.
  • Opportunity for professional development within Seattle City Light.
  • Commitment to community service through emergency response participation.
Full Job Description
Salary: $54.01 - $62.90 Hourly
Location : Seattle Municipal Tower, 700 5th Ave., Seattle, WA
Job Type: Classified Civil Service, Regular, Full-Time
Job Number:
Department: Seattle City Light
Opening Date: 08/21/2026
Closing Date: 9/8/2026 4:00 PM Pacific

Position Description
Seattle City Light is seeking candidates for the position of Principal Accountant in the General Accounting Unit. The General Accounting Unit provides accurate, timely, and quality financial reporting and accounting services to the Department. General Accounting is responsible for accounting for retail electric revenues, accounting for bonds, assistance with bond issues, accounting for power transactions, wholesale power billings, month- and year-end closing of the books, external audit coordination, preparation of annual financial statements, preparation of annual reports, the research, documentation and implementation of accounting standards, and tax administration.

In this role, you will serve as a lead for a team responsible for the preparation of complex monthly and annual financial statements (statements of net position, statements of revenues, expenses, and changes in net position), and related annual financial statement disclosures/footnotes in accordance with GASB. This position will report to the General Accounting Manager.

Job Responsibilities
Here is more about what you'll be doing:
  • Lead and coordinate monthly and annual financial close across accounting units.
  • Supervise retail revenue accounting and ensure accurate and timely billing and reporting.
  • Under management direction, prepare complete and accurate monthly financial statements.
  • Coordinate and prepare monthly variance analysis, ensuring clear explanations for key drivers and trends.
  • Coordinate the annual audit including preparing audit schedules, responding to information requests, and serving as a primary liaison with external auditors.
  • Ensure compliance with financial controls.
  • Under management direction, plan and lead the coordination, preparation, and review of annual financial statements in compliance with GAAP and GASB requirements.
  • Plan and supervise research of accounting standards and financial impact of operational changes for department implementation.
  • Develop, recommend and implement accounting standards, policies and procedures in response to new programs and government regulations.
  • Prepare and review key account reconciliations to ensure accuracy and completeness.
  • Maintain FERC accounts within ERP.
  • Maintain system financial statements using financial reporting tools and the ERP.
  • Identify and implement process improvements.

Qualifications
Required Qualifications:

In addition to the skills and experience mentioned below, a successful applicant will have experience that reflects a commitment to creating fair and equitable outcomes and has:

Bachelor's degree in Accounting, Business Administration or related field (requires satisfactory completion of at least 24 semester hours or 36 quarter credit units in accounting with no substitution allowed) and/or professional certification as a CPA, plus four years professional experience in accounting, auditing, financial analysis, or related work with one year experience equivalent to a Senior Accountant (or a combination of education and/or training and/or experience which provides an equivalent background required to perform the work of the class).

Desired Qualifications - You will be successful if you have the following experience, skills, and abilities:
  • Certified Public Accountant (CPA) highly desirable.
  • Five or more years' accounting experience in a large or medium-size business or utility.
  • Advanced knowledge of accounting principles, including GAAP, GASB, and FASB.
  • Experience preparing complex financial statements; and proficiency using large, complex financial systems.
  • Demonstrated ability to lead, delegate, and work cooperatively with others.
  • Experience using financial reporting and business intelligence tools.
  • Demonstrated initiative, adaptability, strong documentation skills, and attention to detail; able to work independently and as part of a team.
  • Experience researching and implementing GAAP, including GASB or FASB standards, and applicable industry regulatory requirements, including Federal Energy Regulatory Commission (FERC).
  • Proven ability to manage time effectively and meet tight deadlines.
  • Demonstrated advanced skills in Excel and the ability to manage data in a variety of formats.
  • Demonstrated ability to handle multiple assignments concurrently and to successfully meet deadlines.
  • Strong analytical skills with the ability to interpret and communicate complex financial data.
  • Excellent oral and written communication skills and the ability to work effectively with all levels throughout the organization.
  • Strong project management skills with the ability to lead cross-functional initiatives.

Please note this job advertisement is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Emergency Response Commitment:

Seattle City Light is committed to reliable service during emergencies. Through our Emergency Response Program, each employee is assigned a role-usually aligned with their regular duties-to support emergency operations. Your participation is required and vital to helping the utility stay prepared and serve our community when it matters most.

Additional Information
The full salary range for this position is $54.01 to $62.90 per hour.

Application Process

Please submit the following with your online application:
  • A cover letter in which you clearly describe how your knowledge, experience, skills, and abilities prepare you for the job responsibilities and qualifications outlined in the job announcement
  • A current resume of your educational and professional work experience.

Incomplete applications will not be accepted.

Job offers are contingent on the verification of credentials and other information required by the employment process, including the completion of a background check. The background check will involve a criminal history check, which includes conviction and arrest records in compliance with the , and the A driving history review may be conducted in compliance with Applicants will be provided an opportunity to explain or correct background information.

The City of Seattle offers a comprehensive benefits package including vacation, holiday, and sick leave as well as medical, dental, vision, life and long-term disability insurance for employees and their dependents. More information about employee benefits is available on the City's website at:

Want to know more about Seattle City Light? Check out our web page:
01

Please select the highest level of education you have completed.
  • High School Diploma/GED
  • Some College
  • Associate's Degree
  • Bachelor's Degree
  • Master's Degree
  • JD/Doctorate Degree
  • None of the Above

02

Do you have a Bachelor's Degree (or higher) in Accounting, Finance, Business Administration or a related field?
  • Accounting
  • Finance
  • Business Administration
  • Related Field
  • Unrelated Field
  • I have no degree

03

Can you provide documentation of satisfactory completion of at least 24 semester hours or 36 quarter credit units in accounting?
  • Yes
  • No

04

How many years of professional experience do you have in accounting, auditing, and/or financial analysis?
  • Less than 4 years
  • 4 to 5 years
  • 5 to 6 years
  • More than 6 years

05

Please briefly describe how your skills and experience match the required and desired qualifications for this position ("see resume" or similar is not an acceptable answer).
06

Which of the following best describes your knowledge, and experience with the application of, the GAAP and GSB guidelines?
  • Beginner
  • Intermediate
  • Advanced
  • Expert

07

Which of the following best describes your level of Excel ability?
  • Beginner
  • Intermediate
  • Advanced
  • Expert

08

Do you have professional certification as a Certified Public Accountant (CPA)?
  • Yes
  • No

09

Do you possess a current, valid Washington State Driver's License?
  • Yes
  • No, but I can obtain a valid Washington State Driver's License by the time of hire.
  • No, and I will not be able to obtain a valid Washington State Driver's License.

10

Employees working for the City of Seattle are required to meet the required Mayoral mandate as of January 2025, to work in the office a minimum of 3 days per week. Are you able to meet this requirement?
  • Yes
  • No

11

To participate in the hiring process, Seattle City Light requires strict confidentiality of all related information, including any discussions outside the workplace. This ensures fairness and protects the integrity of the process. This obligation applies during and after the hiring process. Do you understand and agree to maintain this confidentiality?
  • Yes, I understand and agree.
  • No, I do not agree.

Required Question

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