This position is part of the team that analyzes financing options to secure capital at optimal levels and costs and supports Alabama Power Company’s and SEGCO’s financial plans by providing tactical and strategic financing assumptions This position is an integral part of the team that provides financial analysis and investment oversight for Alabama Power Company, Alabama Power Foundation, Alabama Business Charitable Trust, and SEGCO. The ability to plan, prioritize and coordinate entire processes without supervision is required. This position will also support documentation and assurance that accounting controls operate effectively, and that reporting is accurate and timely.
Financial Analysis of special projects and initiatives for Alabama Power Company is an ongoing responsibility of the Financial Management and Analysis team. This person will be a strategic business partner by providing financial expertise, modeling and analysis to assist in key decisions. They will work with intra-company project teams and multiple levels of management (i.e. the Chief Financial Officer and senior management of any of the Company’s business units) as necessary, including developing presentations for – and presenting to management.
Oversight of investments for nuclear decommissioning and charitable trusts including reviews of managers’ performance, administration of fund fees and expenses, and presenting results to management and executive oversight committees is a primary responsibility for this position.
This position will provide support and analysis to assist in responding to regulatory strategy requests and filings, including those for peer analysis, Rates RSE, CNP and ECR that require an understanding of the overall financial impacts of regulatory strategy and rates to Alabama Power Company.
This position will contribute to the department’s goals of providing superior service that assures effective internal controls, adequate liquidity is available, credit ratings are maintained, capital structure is managed, and investments are monitored for diversity, risk, expenses and returns. Process improvement is also an area of focus for this position with ongoing opportunities for professional development and innovation.
Candidates With The Below Criteria Are Encouraged To Apply
Education
- BA or BS in Finance, Accounting, Economics, or Data Sciences required.
- CFA, CPA, MBA or other advanced degree a plus.
- Performing financial analysis.
- Working with financial modeling tools and techniques
- Electric utility industry experience preferred.
- Extensive use of computer applications to develop financial analyses and prepare special projects, studies and presentations is required.
- Understanding and application of financial and investment management principles.
- Understanding and application of accounting principles and pronouncements (GAAP, SEC, FERC, rate-making concepts).
- Excellent analytical and problem-solving skills.
- Exceptional computer skills, including Microsoft products: Excel, Word, PowerPoint, OneNote, Power BI.
- Experience with AI solutions a plus.
- Experience with S&P Capital IQ and Bloomberg research tools a plus.
- Exposure to SAM and/or other excel-based financial models.
- Ability to manage and prioritize multiple assignments simultaneously and produce timely, high-quality results.
- Strong organizational and documentation skills.
- Highly effective verbal and written communication skills.
Behavioral Attributes
Positive attitude, team player, proactive, ability to work in fast-paced/high pressure environment, deals well with change, deadline oriented, customer service oriented, creative problem-solving skills, ethical business judgment, exhibits initiative and takes ownership of work, self-directed, exemplifies Our Values (Safety, Superior Performance, Total Commitment, Unquestionable Trust).
Other Requirements
Some overtime and occasional travel required.
Alabama Power provides safe, reliable, and affordable electricity to 1.5 million customers across the lower two-thirds of Alabama.
For more information, visit www.AlabamaPower.com and connect with the company on Facebook (Facebook.com/AlabamaPower), Twitter (Twitter.com/AlabamaPower), LinkedIn (Linkedin.com/company/alabama-power), and Instagram (Instagram.com/alabamapower).
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: 14652
Job Category: Finance
Job Schedule: Full time
Company: Alabama Power