Senior Transmission Accountant - Joint Ownership Accounting
Please Note: This is a hybrid position, working both at the GPC Office in Atlanta and remotely.
Other Requirements:
- Extended hours - occasionally
- Weekend work - limited
- Travel – extremely limited
JOB DESCRIPTION
The position is in the Integrated Transmission System Department (ITS), a part of the Georgia Power Company (GPC) Joint Ownership 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 the billing of certain jointly owned generating plants.
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
- Joint Owner Billing for Plants Hatch & Wansley
- Monthly meetings and communications with ITS owners and generating plant Co-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 – extremely limited
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the Company's promise to 2.6 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable, and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the Company is recognized by J.D. Power and Associates as an industry leader in customer satisfaction. For more information, visit www.GeogiaPower.com and connect with the Company on Facebook (Facebook.com/GeorgiaPower), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).
Southern Company (NYSE: SO) is a leading energy provider serving 9 million residential and commercial 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 infrastructure company 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 our customers’ and communities’ needs while advancing our commitment to net zero 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 and hiring practices have earned the company national awards and recognition from numerous organizations, including Forbes, Military Times, DiversityInc, Black Enterprise, J.D. Power, Fortune, Human Rights Campaign and more. 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.
Job Identification: 11787
Job Category: Accounting & Auditing
Job Schedule: Full time
Company: Georgia Power
