Financial Analyst - Transmission Rates & Analysis
Description
Financial Analyst - Transmission Rates & Analysis
This is a remote position from either Birmingham, AL or Atlanta, GA (Candidate must live with in the state of Alabama or Georgia and hav e the capability to report to a physical office location for some in person meetings)
Southern Company (NYSE: SO ) is a leading energy company serving 9 million customers through our subsidiaries. We provide clean, safe, reliable, and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network, and telecommunications services. Southern Company brands are known for excellent customer service, high reliability, and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology.
Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world.
JOB SUMMARY
This position is accountable for the development of rates for the Open Access Transmission Tariff (“OATT”), preparation of rate filings with the Federal Energy Regulatory Commission (“FERC”), development of transmission revenue projections, and performing financial studies and analyses. This position will interface with Transmission Policy and Services, Operating Company Transmission, Financial Planning, and Accounting organizations, SCS Financial and Contract Services, and SCS Accounting Research to ensure all rate activities are in compliance with the OATT. This position will also interface with Transmission Wholesale Customers and their Attorneys/Consultants and FERC Staff.
JOB DUTIES & RESPONSIBILITIES
Assist with the preparation of OATT informational rate filings, true-up rate filings, other rate-related filings, revenue forecast and monthly variance reporting
Provide support related to the financial aspects of the OATT, including but not limited to rate methodology, model development, monitoring of financial performance, communication of appropriate use of information within the Southern and Operating Company financial planning process and to other transmission organizations
Liaison, as required, to secure the cost of service inputs required to support and develop the rate filings and other financial analysis
Serve as the transmission rates subject matter expert with accounting and billing organizations, Transmission Wholesale Customers and their Attorneys/Consultants, and FERC Staff
Prepare responses to data requests and other requests from FERC and OATT customers
Coordinate the transmission revenue forecasting process to ensure clear communication and incorporation into the Southern and Operating Company planning processes, financial projections, and energy budgets
Provide technology improvement solutions, modeling capabilities and program support for the Transmission Rates & Analysis function
Assist in the design and development of financial analysis tools
Coordinate the accounting review for all new Transmission and Interconnection agreements by the end of each quarter
JOB QUALIFICATIONS
Education & Experience
BS/BA in Accounting, Finance, Business, Math or other related field (MBA is a plus) required
Experience in accounting, ratemaking, rate cases, corporate accounting, budgeting, finance, or related is a plus
Proficiency in Microsoft Office Products is required (Excel, Access, Word, PowerPoint)
Experience communicating with and/or preparing communication for regulators or external customers is a plus
Previous experience working remotely or working in an autonomous or highly independent role preferred
Knowledge, Skills & Abilities
Strong analytical skills and attention to detail
Excellent organizational skills with ability to balance multiple assignments and responsibilities
Ability to learn independently and effectively work remotely with team members and internal and external stakeholders
Initiative and independent decision making is a large and important part of the role
Ability to listen and communicate well with all levels of employees and management, Transmission Wholesale Customers, external attorneys and consultants, and FERC staff
Ability to bring consensus and buy-in among people with different views
Ability to collect and analyze data/detailed information and develop complex rate calculations
Recognized knowledge and skills indata collection
Ability to recognize and solve problems and make recommendations for improvement
Ability to interpret FERC orders, tariffs, service agreements and resolve customer inquiries
Ability to coordinate the effective implementation of analytical and statistical tools to enhance the department’s information management system and to provide logistical support to financial studies, evaluations, and analyses
Behavioral Attributes
Commitment to Southern Company’s Values
Attention to detail and strong motivation for quality, accuracy, and timeliness
Demonstrated teamwork and willingness to help others get the job done
Takes personal responsibility and ownership of work
Demonstrates initiative and proactivity
Positive attitude
Other Requirements
- Position will be required to abide by the Order 889 Final Rule Standards of Conduct issued by the Federal Regulatory Commission on April 24, 1996, and will be asked to sign the Standards of Conduct Acknowledgement Form after reviewing the standards
ADDITIONAL DETAILS
Position will be filled at a level 3-6 based on knowledge and experience
Due to the remote nature of this position, we will not be offering relocation assistance
BENEFITS
Competitive Pay
Excellent benefits packages which includes:
Medical and dental coverage
Defined Pension/Cash Balance Benefit Plan
Performance-sharing plan
401(k) plan with a generous company match
Bonus opportunities
Tuition Reimbursement
Please submit an updated resume with your application.
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. #LI
Job Field: Accounting & Auditing
Job Type: Standard
Primary Location: Alabama-Metro Birmingham/Eastern AL-Birmingham
Operating Company: Southern Company Services
Other Locations: Georgia-Metro Atlanta-Atlanta
Job Type: Standard
Travel (Up to...): No
Work Location(s):
The Energy Center - 3535 Colonnade Parkway (3535Birmingham)
3535 Colonnade Parkway
Birmingham, 35243
Southern Company Headquarters - 30 Ivan Allen Jr. Blvd. NW (30ATLANTA)
30 Ivan Allen Jr. Blvd. NW
Atlanta, 30308
Req ID: SCS2010652
