Accountant - Joint Ownership Accounting

Please Note: This is a hybrid position, working both remotely and at the GPC Office in Atlanta. JOB ATTRIBUTES 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 consists of assets owned by 4 separate companies that serve as the power delivery backbone in the state of Georgia. These companies are referred to as “participants” in the ITS agreements and are expected to own and maintain transmission assets in proportion to their peak usage of the transmission system. Keeping transmission assets and their usage in proportional balance is commonly referred to as being in “parity.”

This system is unique, and the ITS accounting department ensures that the associated costs of using, operating and maintaining the system are shared fairly amongst the participant owners. GPC is the ITS system operator. 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 participant personnel.

Primary Responsibilities

- ITS Parity – Support the calculation of transmission facility rental payments between participants balancing system usage and ownership

- ITS Shareable Billing – Support ITS system O&M cost recovery

- ITS Spare Equipment Billing – Supports the calculation of carrying cost recovery, sales, and purchases of pooled assets

- ITS Investment – Maintain GPC ITS asset investment records

- Review other ITS participants' investment submissions

- Joint Owner Cost Sharing Billing for Plants Hatch & Wansley

- Monthly meetings and ad-hoc communications with ITS Participants and generating plant Co-Owners

Education

JOB REQUIREMENTS

- 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 2 years of Utility Accounting Experience is required

- Experience with Oracle Financials is required

- PowerPlan property module experience is a plus

- Transmission experience is a plus

- Auditing experience is a plus

Knowledge, Skills, & Abilities

- Working knowledge of the utility industry and general financial and accounting concepts

- Analytical and organizational skills with the ability to manage multiple assignments

- Plan, prioritize, and coordinate detailed phases of work for individual assignments to meet deadlines

- Effectively communicate solutions in a concise and professional manner

- Provide solutions to a variety of technical problems of moderate scope and complexity

- Complete tasks relying on established procedures

- Process Innovation

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

- Possess good interpersonal skills

- Exhibit initiative and take personal responsibility for assignments to ensure business needs are fully met

- Flexible and comfortable with ongoing change

Other Requirements

- Extended hours - occasionally

- Weekend work - limited

- Travel - 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 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 solutions provider 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 customers' and communities' needs while advancing our goal of net-zero greenhouse gas 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 has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. 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: 14996

Job Category: Accounting & Auditing

Job Schedule: Full time

Company: Georgia Power