timezone difference in timestamp?

Short version: I'm trying to turn a unix timestamp into a psql
timestamp, but there is a 5 hour difference. Is this because of
timezones ? Can I just subtract 5 hours to get the right value ?

Detailed version:
I start with a unix timestamp:
$startofday =1162789200;

Which has this date:
Array
(
[seconds] => 0
[minutes] => 0
[hours] => 0
[mday] => 6
[wday] => 1
[mon] => 11
[year] => 2006
[yday] => 309
[weekday] => Monday
[month] => November
[0] => 1162789200
)

Then I make a pgsql timestamp like this:
"select timestamp '1970-01-01' + interval '$startofday seconds' as
timestamp"

And the result is:
timestamp 2006-11-06 05:00:00 timestamp

It seems like it should be 2006-11-06 00:00:00

This seems to work but can I always get the correct value by subtracting
5 hours like this?
"select timestamp '1970-01-01' + interval '$startofday seconds'-interval
'5 hours' as timestamp"