What are the responsibilities and job description for the Tax Accountant – Corporate Income position at Southern Company?
Tax Accountant
The Tax Accountant position is an integral member of the Southern Company Services (SCS) Corporate Tax team and reports to the Income Tax Forecasting & Accounting Manager. This role supports the monthly income tax accounting for Southern Company’s unregulated businesses and quarterly consolidated SEC reporting. The position assists with income tax calculations, journal entries, reconciliations, tax analyses, FIN 48 information, and financial reporting deliverables while working with colleagues and internal and external stakeholders to support accurate and timely reporting. The ideal candidate will bring strong analytical and organizational skills, attention to detail, and the ability to learn and carry out established processes, identify opportunities for greater efficiency, and adapt to evolving tax systems and technology.
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: 22372
Job Category: Finance
Job Schedule: Full time
Company: Southern Company Services
The Tax Accountant position is an integral member of the Southern Company Services (SCS) Corporate Tax team and reports to the Income Tax Forecasting & Accounting Manager. This role supports the monthly income tax accounting for Southern Company’s unregulated businesses and quarterly consolidated SEC reporting. The position assists with income tax calculations, journal entries, reconciliations, tax analyses, FIN 48 information, and financial reporting deliverables while working with colleagues and internal and external stakeholders to support accurate and timely reporting. The ideal candidate will bring strong analytical and organizational skills, attention to detail, and the ability to learn and carry out established processes, identify opportunities for greater efficiency, and adapt to evolving tax systems and technology.
- Prepare and support the monthly income tax provision process for assigned unregulated companies, including tax journal entries, current and deferred tax calculations, and account analyses.
- Prepare monthly and quarterly tax reporting schedules and supporting financial reports that summarize income tax balances and activity.
- Support the income tax consolidation process, including collecting, validating, and consolidating tax provision information and assisting with related reporting and follow-up items.
- Assist with maintaining and updating FIN 48 and uncertain tax position information in DMI or other designated tax systems, including supporting schedules and documentation.
- Perform monthly and quarterly account reconciliations, tax analytics, and variance explanations.
- Support ad hoc analyses, special projects, and research related to tax accounting matters affecting assigned unregulated businesses.
- Document and maintain tax provision and consolidation processes, controls, and supporting workpapers; identify and assist with implementing process efficiencies, standardization, and technology improvements.
- Assist with responses to internal and external auditor requests and other information requests by providing timely and well-supported information.
- Build effective working relationships and communicate important tax matters with Financial Reporting, Financial Planning, Tax Compliance, and other stakeholders.
- Bachelor’s degree in accounting, finance, or a related field.
- 2 years of Public accounting and/or large corporate tax department experience required, including experience with income tax return preparation and/or accounting processes and workpapers required
- Experience with tax provision software (i.e. PowerPlan), ERP systems (i.e. Oracle), and advanced Excel-based analysis preferred..
- Good organizational skills and the ability to manage multiple priorities and meet deadlines.
- Strong analytical and problem-solving skills with the ability to interpret financial data and identify issues.
- Good written and verbal communication skills and the ability to explain tax matters clearly to both tax and non-tax colleagues.
- Ability to work effectively with people at various levels and across departments in a team environment.
- Ability to learn and perform established processes using available workpapers, guidance, and collaboration with colleagues.
- Attention to detail, accountability, and a commitment to producing accurate, well-supported work.
- Ability to identify and support process improvements and learn new accounting and tax technology concepts.
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: 22372
Job Category: Finance
Job Schedule: Full time
Company: Southern Company Services