Southern Company

Budget Analyst

Posted 12 Days Ago

Be an Early Applicant

2 Locations

In-Office

Senior level

Energy

The Role

Lead budgeting, forecasting, variance analysis, and financial reporting for Southern Power business units. Partner with leaders on 5-year capital and OPEX plans, present results to executives, identify cost savings, support contracts and capital investments, respond to ad hoc requests, and improve budgeting and forecasting processes while liaising between finance, accounting, and operations.

Summary Generated by Built In

Budget Analyst (Southern Power Company)

Birmingham, AL or Atlanta, GA

The SPC Budget Analyst is a strategic financial partner for Southern Power’s business units. This role leads budgeting, forecasting, reporting, analysis, and continuous improvement processes. It provides actionable insights to leadership and serves as a liaison between Southern Power’s business units and Southern Power Finance and Accounting.

KEY JOB RESPONSIBILITIES:

Partner with business leaders to development of 5-year budgets for capital and operating expenditures and current year forecasts ensuring alignment between strategic business goals and financial plans
Facilitate budget reviews and present results to leadership audiences
Perform monthly variance analysis and analyze financial and operational drivers impacting performance to provide actionable insights
Provide financial analysis, reporting, and guidance to support business decision-making and organizational performance
Develop presentations highlighting key risks and opportunities for non-financial stakeholders
Identify opportunities for cost optimization, efficiency improvements, and value creation
Provide financial support for long-term agreements, contracts, and capital investments
Respond to business unit leadership ad hoc requests with high-quality analysis and recommendations
Suggest, support, and implement enhancements to budgeting, reporting, and forecasting processes
Serve as liaison between finance, accounting, and operational business unit teams, building collaborative relationships with a customer service attitude

QUALIFICATIONS:

Education and Experience

Bachelor’s degree in Finance, Accounting, Economics, Engineering, or related field (required)
5+ years of progressive experience in budgeting, forecasting, financial planning & analysis (FP&A), or accounting
Experience in utility industry is a plus

Knowledge, Skills, and Abilities

Strong analytical and problem-solving skills with commitment to accuracy and understanding
Strong verbal and written communication skills to effectively communicate with executive management, business unit leaders, and other customers
Must be able to work in a team environment
Must be able to effectively manage and prioritize multiple work assignments
Experience with Oracle applications such as Maximo, SmartView/Hyperion, Planning, and/or ERP is a plus
Understanding of GAAP and financial reporting principles
Previous analytical experience required
Must be able to consolidate, analyze, and summarize large amounts of data efficiently and effectively
Must be able to adapt to a continuously changing environment
Must be a self-starter with desire for continuous improvement and strong interpersonal skills

About Us

Southern Power, a subsidiary of Southern Company, is a leading U.S. wholesale energy provider meeting the electricity needs of municipalities, electric cooperatives, investor-owned utilities, and other energy customers. Southern Power and its subsidiaries own 55 facilities operating or under construction in 14 states with more than 12,500 MW of generating capacity in Alabama, California, Delaware, Georgia, Kansas, Maine, Nevada, New Mexico, North Carolina, Oklahoma, South Dakota, Texas, West Virginia, and Washington.

Southern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy solutions provider with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. To learn more, visit www.southerncompany.com.

Southern Company invests in the well-being of its employees and their families through a comprehensive total rewards strategy that includes competitive base salary, annual incentive awards for eligible employees and health, welfare and retirement benefits designed to support physical, financial, and emotional/social well-being. This position may also be eligible for additional compensation, such as an incentive program, with the amount of any bonus/awards subject to the terms and conditions of the applicable incentive plan(s). A summary of the benefits offered for this position can be found here https://seo.nlx.org/southernco/pdf/SOCO-Benefits.pdf. Additional and specific details about total compensation and beneﬁts will also be provided during the hiring process.

Southern Company is an equal opportunity employer where an applicant's qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, genetic information, sexual orientation, gender identity or expression, or any other basis prohibited by law.

About the TeamSouthern Power

Skills Required

Bachelor's degree in Finance, Accounting, Economics, Engineering, or related field
5+ years of progressive experience in budgeting, forecasting, financial planning & analysis (FP&A), or accounting
Experience in utility industry
Strong analytical and problem-solving skills with commitment to accuracy
Strong verbal and written communication skills to communicate with executive management and business leaders
Ability to work in a team environment
Ability to effectively manage and prioritize multiple work assignments
Experience with Oracle applications such as Maximo, SmartView/Hyperion, Planning, and/or ERP
Understanding of GAAP and financial reporting principles
Previous analytical experience
Ability to consolidate, analyze, and summarize large amounts of data efficiently and effectively
Ability to adapt to a continuously changing environment
Self-starter with desire for continuous improvement and strong interpersonal skills