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Financial Analyst
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Other | Utilities 10 Months Ago
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Southern is Hiring a Financial Analyst Near Atlanta, GA

Financial Analyst

JOB SUMMARY

This position supports Southern Power Company's (SPC) financial planning and analysis processes. Primary responsibilities include: Performing cash management activities and monthly cash flow forecasting, developing SPC's long-term financial plans, annual budgets and quarterly earnings guidance, supporting the annual debt ratings process and bond financings at Southern Power, and performing financial analyses to support operational initiatives and strategic planning efforts.

This position will also provide support for power plant acquisitions, new construction and remarketing efforts to achieve SPC's long-term growth strategy. The candidate will work primarily with Accounting, Project Analysis and Market Assessment, Southern Company Treasury, Southern Company Tax, Commercial Optimization and Trading, Generation Services, Energy Trading, Acquisitions, and Business Development groups.

JOB DUTIES & RESPONSIBILITIES

  • Assist in maintenance and preparation of Corporate Financial Plan and annual budget

  • Assess financial performance against targets, including risks and opportunities to the Plan

  • Maintain corporate UI Financial Model

  • Support power plant acquisition analyses and remarketing efforts

  • Perform sensitivity analyses related to the Financial Plan

  • Assist in credit ratings process and Rating Agency interactions

  • Creation of reports and presentations for Executive Management

JOB REQUIREMENTS

Education:

  • Bachelor's degree in business, Economics, Finance, Accounting, or other related discipline.

Experience:

  • 1-3 years of experience in a financial analysis, treasury, risk management, accounting or other related field desired.

  • Experience with UI Planner is a plus

  • Advanced Microsoft Excel and PowerPoint skills required

Knowledge, Skills & Abilities:

  • Candidates must have an understanding of corporate and project finance principles, accounting concepts and financial statements.

  • Experience building and maintaining complex financial models preferred.

  • Exceptional analytical and modeling skills in Excel are essential.

  • Knowledge of the wholesale electricity industry is preferred, but not required.

  • Demonstrate all aspects of Our Values.

  • Excellent communication and presentation skills, both written and oral.

  • Ability to work independently while keeping management informed as appropriate.

  • Possess technical competence and analytical skills including problem solving and innovation.

  • Takes personal responsibility and ownership for corporate success.

  • Employs good business sense and achieves business results and objectives.

  • Ability to effectively handle multiple projects with changing priorities.

  • Fosters relationships with peers, managers and customers and is a team player.

  • Proactively seek enhancements to existing processes.

  • Strong interpersonal skills to gain support as well as to represent the department in maintaining client relationships.

  • Effective time and project management skills.

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: 3789

Job Category: Finance

Job Schedule: Full time

Company: Southern Power

Job Summary

JOB TYPE

Other

INDUSTRY

Utilities

SALARY

$57k-70k (estimate)

POST DATE

06/15/2023

EXPIRATION DATE

05/04/2024

WEBSITE

southerncompany.com

HEADQUARTERS

SALISBURY, NC

SIZE

15,000 - 50,000

FOUNDED

1912

CEO

RONNIE WALSTON

REVENUE

$10B - $50B

INDUSTRY

Utilities

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About Southern

Southern Company is one of the largest energy providers in the United States. Based in Atlanta, Southern Company owns electric utilities in four states, natural gas distribution utilities in seven states, a competitive generation company serving wholesale customers across America and a nationally recognized provider of customized energy solutions, as well as fiber optics and wireless communications. The men and women who work at Southern Company understand that we dont simply provide a product or service. Clean, safe, reliable and affordable energy is essential to our way of life. More than 10...0 years ago, our company played a major role in the growth and prosperity of the South and we continue to play a role today through our support of economic development and our philanthropic efforts. We believe the communities we serve should be better off because were there. Our principal business is to make, move and sell energy. Those are the whats of our business. But its the hows that make us different. The actions of our employees are what truly define us and have earned us a high level of trust among our customers, shareholders and regulators. More
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The job skills required for Financial Analyst include Accounting, Financial Analysis, Economics, Financial Planning, Customer Service, Microsoft Excel, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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