Financial Planning Accountant II (Financial Planning Department)

About the role

PowerSouth Energy Cooperative, headquartered in Andalusia, AL, is a generation and transmission (G&T) electric cooperative serving 22 distribution members (18 electric distribution systems and four municipal electric systems) across 51 counties in Alabama and 10 counties in northwest Florida. The cooperative’s workforce of more than 560 employees operates from nine locations, with safety as its top core value.

This position supports the development and implementation of PowerSouth’s annual operating budget, wholesale power rate, 20-year financial forecast, and other financial duties as needed.

Responsibilities

• Calculate, obtain, and analyze operating, maintenance, and fixed costs for the annual operating budget to determine total cost of service.
• Accurately calculate billing data variables used in the annual wholesale power rate to ensure recovery of revenue required to meet PowerSouth’s financial targets.
• Obtain and analyze construction and capital expenditures from all departments for the annual budget to determine future cash flow needs.
• Calculate, obtain, and analyze projected operating, maintenance, and fixed costs to determine total cost of service for the long-range financial forecast plan.
• Calculate billing data variables used in the long-range financial forecast plan to ensure recovery of revenue required to meet PowerSouth’s financial targets.
• Obtain, calculate, and analyze construction and capital expenditures for the long-range financial forecast plan to determine PowerSouth’s future cash flow needs.
• Perform monthly analysis of financial statements to ensure adequate margins are recovered to meet PowerSouth’s financial targets.
• Complete special projects such as the addition of new loads, changes in generation plans, and changes in expenses to determine the financial impact to PowerSouth.
• Develop financial planning software as needed to enable PowerSouth to operate more efficiently.
• Promote teamwork, group goals and objectives, and proper communication and cooperation within the PowerSouth organization and with member systems; demonstrate and promote standards of respect, dignity, accountability, integrity, and trustworthiness.

Requirements

• Bachelor’s degree in Accounting or a closely related field.
• Ability to analyze and interpret accounting reports and data.
• Strong oral and written communication skills.

Benefits

• Medical and Dental Insurance
• Vision Insurance
• Pension Plan funded 100% by the company
• 401(k) Plan with up to 5% employer match
• Group Life Benefits
• Short-Term and Long-Term Disability
• Paid Holidays
• Paid Personal and Sick Leave
• Educational Assistance