Southern Company

Senior Accountant - Regulatory Accounting

Southern Company • $80K — $95K *
Atlanta, GA 30349In-Person
Energy & Utilities
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or related field required
  • Advanced degree in accounting is a plus
  • CPA license (or equivalent) is a plus
  • Utility accounting experience preferred
  • Oracle Financials and advanced Excel capabilities preferred

Responsibilities

  • Coordinate transmission facility rental payments among ITS owners
  • Manage O&M cost recovery for the ITS system
  • Oversee carrying cost recovery and asset sales/purchases
  • Maintain records for ITS asset investments
  • Audit investment submissions from other ITS owners
  • Participate in budgeting and forecasting processes
  • Conduct monthly meetings with ITS owners

Benefits

  • Hybrid work model with both remote and office options
  • Opportunity to improve processes within the department
  • Collaborative work environment with various departments
  • Exposure to regulatory compliance and industry standards
  • Chance to influence efficiency and accuracy in accounting practices
Full Job Description
Job Description

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:
  • Utility accounting experience preferred
  • Oracle Financials experience preferred
  • 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


About the Team

Georgia Power

About Southern Company

With 4.4 million customers and more than 42,000 megawatts of generating capacity, Atlanta-based Southern Company is the premier energy company serving the Southeast. A leading U.S. producer of electricity, Southern Company owns electric utilities in four states and a growing competitive generation company, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and retail electric prices that are significantly below the national average. Southern Company has been listed the top ranking U.S. electric service provider in customer satisfaction for nine consecutive years by the American Customer Satisfaction Index.

Southern Company Careers

Join the dynamic team at Southern Company, a leader in energy innovation and a champion of sustainable practices. As one of the most respected companies in the energy sector, Southern Company offers unparalleled job opportunities that promise not only professional growth but also a commitment to diversity and leadership development.

Work You’ll Do

At Southern Company, we are not just about power generation; we are about empowering our team to innovate and lead the industry. By joining our team, you will collaborate with some of the brightest minds in the field, using your skills to solve complex problems and drive meaningful change.

Explore a World of Opportunities

Whether you are looking for a full-time position, an internship, or a leadership role, Southern Company has a place for you. Our wide range of employment options ensures that every team member can find a path that best suits their career ambitions and skills.

Innovate and Lead

Southern Company is at the forefront of technological innovation in the energy sector. Our team members are encouraged to lead projects and initiatives that push the boundaries of what is possible in energy production and management.

Grow and Develop

We believe in nurturing the potential of our employees through targeted diversity training, leadership workshops, and continuous professional development. Career growth at Southern Company is not just a possibility—it is an expectation.

Be Part of Our Culture

Southern Company’s culture is built on a foundation of respect, integrity, and inclusion. We celebrate diversity and believe that it drives innovation. Our team is our family, and we support each other in achieving personal and professional goals.

Benefits That Go Beyond

Choosing a career at Southern Company means enjoying a range of benefits designed to enrich your life and support your lifestyle. From health and wellness programs to retirement plans, we ensure our team members are taken care of.

Join Our Team

Ready to power up your career? Explore the job opportunities at Southern Company today. We are actively hiring and looking for passionate, curious, and solution-driven individuals. Enhance your skills, join a community of innovators, and work towards a sustainable future.

Stay Connected

Keep up to date with the latest at Southern Company by following our careers blog. Gain insider perspectives, industry-leading insights, and practical tips to advance your career.

Networking and Career Advancement

At Southern Company, networking and internal mobility are key components of career advancement. Connect with leaders, engage in cross-departmental projects, and take your professional journey to new heights.

Prepare for Your Interview

Make your mark from the first interview. Visit our career site for tips on crafting your resume, preparing for interviews, and making a lasting impression.

Join Southern Company—where careers glow brighter!

SEARCH SOUTHERN COMPANY JOBS Stay ahead of the curve in your career with Southern Company, where innovation meets tradition and every employee is empowered to excel.
Learn more about Southern Company
Size
27,000 employees
Market Cap
$77.6 billion
Industry
Energy & Utilities
Net Income
$3.1 billion
Founded
1912
5 Year Trend
+3%
Revenue
$20.3 billion
* Ladders Estimates

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