Senior Tax Accountant - Corporate Income Tax

Birmingham, AL, United States or Atlanta, GA, United States

Job Description

Senior Tax Accountant - Corporate Income Tax

Job Summary

The Senior Accountant position is an integral member of the Southern Company Income Tax Reporting and Forecasting Team. This position is primarily responsible for performing and reviewing detailed tax accounting computations, reviewing and analyzing tax provisions, preparing tax forecasts, and coordinating with internal/external stakeholders. This role will primarily focus on Alabama Power income taxes and taxes other while occasionally assisting with the income tax accounting and forecasting for the other regulated electric operating companies.

Major Job Responsibilities

• Provide accounting support to department in the Income Tax Reporting and Forecasting area, which includes monthly closing processes, journal entries, analysis and support of all income tax accounts
• Prepare monthly financial reports for internal and external reporting that summarize various income tax balances
• Perform and assist with the review of quarterly and monthly account reconciliations, tax analytics, and variance explanations
• Plan, prioritize and lead ad hoc projects outside normal recurring tasks
• Identify information gaps and data flow problems that impact income taxes and recommend and coordinate solutions for process improvements and efficiencies
• Communicate complex income tax accounting impacts and issues with various levels of management.
• Collaborate with co-workers outside the SCS Tax Team to ensure overcommunication of critical issues that may involve tax
• Provide tax guidance or advice to both accounting and non-accounting co-workers to solve complex accounting issues
• Document/update income tax processes
• Actively engage in knowledge transfer, job training, and assisting less experienced members of the team and organization
• Coordinate, develop, and review responses to information requests from internal customers, PSC, FERC, and internal and external auditors
• Prepare and develop various data requests, and other documents as needed for taxes other than income taxes including but not limited to payroll and property taxes, business licenses and other utility specific fees and payments.
• Assist with forecasting deferred income taxes for budget submissions
• Develop and manage relationships and communications between the Tax Accounting department and its stakeholders- Financial Reporting; Financial Planning; Tax Compliance; Accounting Research; Regulatory; Wholesale; Property; and external customers
  
  

Education And Experience

• Bachelor's degree in accounting required
• Minimum of 5 years of ASC 740 tax accounting and provision experience required
• Strong technical skills preparing Effective Tax Rate Reconciliations, FIN 48 recognition and measurement disclosures, New Account Analysis and Valuation Allowance preferred
• Recent SEC reporting and audit support experience preferred
• CPA preferred
• Leadership experience preferred
• Public accounting experience a plus
• Regulatory accounting experience and knowledge of ASC 980 a plus
• Experience with accounting systems (i.e., Oracle ERP and Advanced Excel) desired, and experience with UI Financial Planner and PowerPlan Tax Provision is a plus
  
  

Skills & Abilities

• Good organizational skills
• Strong analytical and problem-solving skills
• Ability to make decisions and perform in a timely manner with minimal supervision
• Good verbal and written communications skills
• Ability to identify and implement process improvements
• Strong interpersonal skills: ability to collaborate well with people at various levels
• Able to communicate complex, technical tax issues in a clear manner to both tax professionals and those not familiar with tax accounting
  
  

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