Senior Accountant – Regulatory Accounting
Please Note: This is a hybrid position, working both at the GPC Office in Atlanta and remotely.
JOB ATTRIBUTES
DESCRIPTION
The position is in the Integrated Transmission System Department (ITS), a part of the Georgia Power Company (GPC) Regulatory Accounting Organization.
The ITS accounting department ensures that the associated costs of using, operating and maintaining the system are shared fairly amongst the transmission owners in the state. This position is part of a collaborative team, executing the accounting and billing of the various ITS contracts and ensuring compliance with GAAP, SEC, FERC, and GPSC requirements. The position will also support billing and other accounting activities related to the Open Access Transmission Tariff (OATT).
The position will be:
- filled at a level dependent on the skills and experience of the individual selected
- expected to perform detailed analytical and investigative work to ensure compliance with the ITS contracts, procedures, and agreements
- expected to improve the efficiency and accuracy of current processes
- hybrid, working both remotely and at the GPC Office in Atlanta
The person in this position will work directly with various departments within Georgia Power Accounting Finance and Treasury, GPC Transmission, and external ITS Owner personnel.
PRIMARY RESPONSIBILITIES
- ITS Parity – Transmission facility rental payments between ITS owners balancing system usage and ownership
- ITS Shareable Billing – ITS system O&M cost recovery
- ITS Spare Equipment Billing – carrying cost recovery, sales, and purchases of pooled assets
- ITS Asset Sales & Purchases between GPC and other ITS owners
- ITS Investment – Maintain ITS asset investment records
- ITS Investment Audits - Review the investment submissions of other ITS owners
- Budgeting & Forecasting
- Monthly meetings and communications with ITS owners
JOB REQUIREMENTS
Education:
- Bachelor’s degree in accounting or a related field is required
- Advanced degree in accounting or a related field is a plus
- CPA license (or equivalent) is a plus
Experience:
- Minimum of 5 years of utility accounting experience is required
- Experience with Oracle Financials is required
- Advanced excel capability preferred
- Accounting information systems experience is a plus
- PowerPlan property module experience is a plus
- Transmission experience is a plus
- Auditing experience is a plus
- Experience with the GA ITS or a regional transmission organization is a plus
- Experience with the open access transmission tariff is a plus
Knowledge, Skills, & Abilities:
- Knowledge of FERC System of Accounts and utility rate making concepts
- Comfortable making decisions and expressing opinions
- Strong analytical and organizational skills with the ability to manage multiple assignments simultaneously and meet deadlines
- Strong oral and written communication skills with the ability to communicate meaningful information concisely
- Ability to communicate accounting concepts and analysis to non-financial employees
- Identifies problems and information gaps and produces meaningful information for decision-making
- Exhibits an exceptional degree of technical expertise, creativity, and resourcefulness with an ability to streamline and make current processes more efficient with the use of technology
- Acts independently to uncover and resolve complex issues
- Understands financial statement impacts of accounting transactions
Other Attributes:
- Candidate must demonstrate behaviors consistent with Our Values
- Safety First
- Intentional Inclusion
- Act with Integrity
- Superior Performance
- Comfortable working in a team environment
- Positive attitude, respects others and their opinions
- Possesses good interpersonal skills
- Exhibits a high degree of initiative and takes personal responsibility for assignments to ensure client needs are fully met
- Flexible and comfortable with ongoing change
Other Requirements:
- Extended hours - occasionally
- Weekend work - limited
- Travel - limited
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.
Skills Required
- Bachelor's degree in accounting or a related field
- Minimum of 5 years of utility accounting experience
- Experience with Oracle Financials
- Knowledge of FERC System of Accounts and utility rate making concepts
- Advanced Excel capability
- CPA license (or equivalent)
- Advanced degree in accounting or a related field
- Accounting information systems experience
- PowerPlan property module experience
- Transmission experience and familiarity with OATT/GA ITS or regional transmission organization
- Auditing experience
- Strong analytical, organizational, oral and written communication skills
What We Do
Southern Company Services, Inc., headquartered in Birmingham, Alabama, is the shared services division of Southern Company.
