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Financial Analyst

Southern Power
Birmingham, AL Full Time
POSTED ON 1/8/2025 CLOSED ON 1/25/2025

What are the responsibilities and job description for the Financial Analyst position at Southern Power?

Job Summary

This position within Southern Power’s Corporate Finance team will support partnership management activities across 47 renewable assets and 14 equity and tax equity partners. The analyst will support the Partnerships team which serves as the primary point of contact between Southern Power’s internal organizations and third-party partners in performing obligations under partnership agreements.

JOB REQUIREMENTS: (Education, Experience, Knowledge, Skills )

  • Bachelor’s degree required
  • Degree in technical or business field such as engineering, finance, economics, accounting, or equivalent preferred.
  • An MBA or advanced degree in these areas or related field is a plus.
  • Experience with contracts associated with utility scale renewable projects
  • Knowledge of the wholesale energy market and electric system economics
  • Demonstrated project management skills
  • Self-starter with strong organizational skills
  • Demonstrated ability to build and maintain effective relationships with peers, management, executives, HR, legal, counterparts within Southern Company, and external counterparties
  • Highly skilled at managing multiple assignments with minimal direction in time-sensitive environment
  • Excellent oral and written communication skills
  • High level of proficiency with Microsoft Office products including Excel, Word, PowerPoint, SharePoint
  • Experience in managing SharePoint repositories a plus
  • Ability to handle confidential and sensitive information appropriately

Major Job Responsibilities

  • Develop and maintain strong working relationships with external partners.
  • Conduct training sessions on overall processes, policies, and procedures, including the use of technology.
  • Provide guidance on partnership requirements to internal organizations as issues arise.
  • Coordinate the negotiation and execution of partnership consents with internal and external resources.
  • Communicate and track significant developments with external partners.
  • Support the management of partnership obligations within LLC/MSA agreements, including:
  • Drafting, reviewing, and submitting partnership monthly, quarterly, and annual reports.
  • Preparing meeting materials for recurring partnership meetings and recording minutes.
  • Managing partnership SharePoint sites to document deliverables and company records.
  • Coordinating the development and communication of budget items.
  • Develop and communicate an internal partnership action item tracker.
  • Manage Monday.com tracking for Corporate Finance.
  • Support SPC Market Intelligence initiatives.

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 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: 9487

Job Category: Accounting & Auditing

Job Schedule: Full time

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