Power Delivery (PD) Capital Financial Analyst
Alabama Power Company – Finance & Corporate Planning
This position will be located at APC Headquarters in Birmingham, AL
This position supports Power Delivery by providing accounting, budgeting, reporting, and financial analysis support. This role is responsible for helping prepare, monitor, and analyze the PD Capital Budget; supporting monthly and year-end budget projections; developing cash flow projections; and providing timely financial information to Power Delivery leadership and Corporate & Regulatory Planning. The candidate is expected to utilize various databases and financial applications.
Primary Responsibilities:
This position is responsible for analyzing the business, identifying issues, and recommending solutions that improve the business unit's budget/financial or operational performance in areas of responsibility including, but not limited to:
Prepare, monitor, and analyze the PD Capital Budget, including monthly reporting, variance analysis, budget status monitoring, cash flow projections, and year-end projections.
Collaborate with PD Business Unit to support capital budget development, financial modeling, project funding, and project prioritization.
Compile and submit financial information, budget updates, variance explanations, summary reports, and meeting documentation to Power Delivery leadership, management, and corporate partners.
Monitor work orders and project activity for Power Delivery and related non-Power Delivery projects.
Support monthly close activities through accounting entries as needed to ensure accurate accounting and reporting.
Review and resolve financial reporting exceptions and project-related issues as needed.
Provide budgeting and accounting services, guidance, training, and analysis to Power Delivery clients to support cost targets, resource allocation, and cost-saving opportunities.
Coordinate monthly metering and property transfer communications, interconnection-related financial activity, shared inbox requests, and miscellaneous financial information requests.
Partner with internal stakeholders to research issues, recommend corrective action, improve processes, and ensure timely resolution of budget, accounting, and project financial matters.
Maintain compliance visibility by performing required control activities, audits, and reviews to ensure adherence to internal controls, processes, and procedures.
Use financial systems, databases, reporting tools, and internal applications to maintain accurate records, support analysis, and complete recurring and ad hoc responsibilities.
Lead, manage, or support special projects as required.
POSITION QUALIFICATIONS
Experience & Education:
A 4-year bachelor’s degree in Business, Accounting, Finance, or related field is preferred.
Southern Company budgeting experience is preferred.
Experience in Utility Industry Budgeting & Accounting Organization preferred.
Experience in Budget preparation, reporting, and analysis.
Knowledge, Skills & Abilities:
Ability to develop and maintain complex Excel Pivot Tables.
Proficiency with PowerPlan and/or Oracle Cloud applications a plus
Utility or FERC accounting experience a plus.
Knowledge of budgeting, accounting, auditing, costing and financial principles.
Analytical and problem-solving skills are required, along with the ability to identify and implement process improvements.
Excellent organizational skills, time management skills, and written and oral communications skills.
Must exhibit a positive attitude and be a team player, self-motivated, and energetic, and innovative.
Must be willing to take full responsibility for duties and work effectively under the pressure of deadlines and constantly shifting priorities.
Other Requirements:
Driver’s license required.
Extended hours required when needed.
Occasional travel required, including some overnight.
In-office four days per week with one day per week telecommuting if workload and in-office meetings allow.
Commutable distance of Birmingham required.
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 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.
Together with our subsidiaries, we deliver clean, safe, reliable and affordable energy to our 9 million customers. Our focus is doing so with service excellence.
That means we are leaders who take action to meet our customers’ and communities’ needs while advancing our commitment to net zero emissions by 2050. We create community value through energy, social, economic, and environmental progress.
We do this through electric operating companies in three states and natural gas distribution companies in four. Our family of companies draw on diverse energy sources to create the best mix for our service areas, including electricity, natural gas, solar power, carbon-free nuclear, and other sustainable sources.
We leverage our leading distributed energy infrastructure company and other innovative technology to better serve every customer. Our competitive, national generation company serves wholesale customers, and our family includes a fiber optics network, and telecommunications services.
