Property Accountant

Property Accountant

Please Note : This is a hybrid role, and the successful candidate will be expected to work from the Southern Company Corporate Headquarters in Atlanta for 1-3 days per week, with the frequency determined by the workload and meeting schedules.

JOB SUMMARY:

The Property Accountant ensures property related transactions are accounted for correctly and timely for internal and external reporting purposes for Southern Power Company, an SEC registrant. This position is within the Property, Materials, and Lease accounting team, reporting to a team leader, and is located in Atlanta, Georgia. The ideal candidate will have a strong background in accounting principles and experience with fixed asset accounting.

Job Responsibilities:

• Prepare journal entries, account reconciliations, variance analysis, and financial statement supporting schedules
• Prepare depreciation expense actual to budget variance explanations and report to management
• Maintain property records in the PowerPlan fixed asset software application: monthly tasks include calculating and reviewing depreciation expense; calculating and reviewing capitalized interest; closing fixed assets; monitoring in progress capital projects and updating the status of capital work orders; retiring assets; and other administrative updates as needed.
• Review and approve capital projects for appropriateness
• Review capital charges to ensure adherence to accounting standards and the Companys capitalization policies
• Serve as subject matter expert by providing accounting guidance to both accounting and non-accounting personnel in response to capital related inquiries
• Provide support for financial audits, SEC filings, and tax filing activities
• Ensure internal controls are designed and performed to effectively achieve their objectives
• Respond to periodic and ad hoc requests related to fixed assets
• Create annual budget and reforecasts for depreciation expense
• Perform other duties and special projects as assigned

Job Requirements:

Education

• Bachelors 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 preferred

Experience, Knowledge, and Skills

• 3 or more years of accounting experience is required
• Strong understanding of Generally Accepted Accounting Principles is required
• Experience with asset accounting is highly desirable
• Proficiency in accounting software and ERP systems; especially Oracle and PowerPlan is a plus
• Proficiency with Microsoft Office Suite applications, particularly Excel, is highly desirable
• Excellent analytical, problem-solving, and decision-making skills
• Ability to work in a fast-paced environment and manage multiple priorities
• Effective communication and interpersonal skills, capable of conveying financial information to non-financial colleagues
• Detail-oriented with a high level of accuracy and the ability to detect inconsistencies in data
• Ability to manage time and work to tight deadlines

Behavioral Attributes

• Demonstrates behaviors consistent with the company’s values of Safety First, Intentional Inclusion, Act with Integrity and Superior Performance
• Must ensure a culture of inclusiveness exists throughout the team

Southern Power , a subsidiary of Southern Company, is a leading U.S. wholesale energy provider meeting the electricity needs of municipalities, electric cooperatives, investor-owned utilities, and other energy customers. Southern Power and its subsidiaries own 55 facilities operating or under construction in 14 states with more than 12,500 MW of generating capacity in Alabama, California, Delaware, Georgia, Kansas, Maine, Nevada, New Mexico, North Carolina, Oklahoma, South Dakota, Texas, West Virginia, and Washington.

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 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: 7339

Job Category: Accounting & Auditing

Job Schedule: Full time

Company: Southern Power