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Southern Company Technical Accounting Research Manager in Atlanta, Georgia

Technical Accounting Research Manager

Description

JOB SUMMARY

This individual monitors and reports on technical developments in the authoritative accounting guidance, directs the implementation of new accounting pronouncements, and analyzes intermediate to complex business transactions to support the development of GAAP compliant financial statements and external financial reporting. These activities are also typically documented in formal position papers. Additionally, position will include independent auditor interaction (preparation/review of technical recommendations and face/face communication) and at times assist in resolving matters pertaining to SEC quarterly and annual financial filings. This position may also direct and supervise employees on a particular project for a defined period of time.

JOB RESPONSIBILITIES & ACCOUNTABILITIES by COMPETENCY

Functional Expertise:

  • Determines and directs the appropriate accounting (recording) and/or disclosure for complex business transactions or the implementation of accounting rules across the Southern Company Gas organization.

  • Prepares formal written documentation of analysis, conclusions and support for conclusions.

  • May prepare and/or review data requests, reports and schedules for regulatory agencies (state public utility commissions, etc.).

  • Assists in coordinating with Southern Company Accounting Research Team in implementation of new accounting guidance and/or internal policies.

  • Participates in and/or leads special projects, such as the implementation of new accounting rules across the organization, often dealing directly with executives in various business units.

Business Acumen:

  • Reviews and analyzes financial information relating to various specialty accounting areas (e.g., leases, pensions, asset retirement obligations in plant); uses professional judgment and expertise to interpret complex contracts, legal documents, and accounting literature, making recommendations to senior management and the auditors.

  • Well-developed professional expertise and decision making abilities.

  • Demonstrated ability to prioritize and manage multiple responsibilities.

  • Demonstrated ability to identify errors, problems and opportunities (i.e. a continuous improvement mindset).

  • Creatively solves problems.

Engagement:

  • Works with customers (internal and external) to resolve problems; answers questions and provides accounting guidance and recommendations; strong desire to serve others and make their jobs easier or more effective; quickly responds to requests.

  • Committed to developing speaking and writing skills so as to communicate often-complex and nuanced accounting guidance and/or contractual provisions to employees at all levels of the organization in a clear and effective manner.

  • Collaborates and builds effective relationships with stakeholders.

  • Coordinates cross-functional technical review and implementation teams.

  • Willingness to work occasional overtime as necessary to serve our customers in a timely manner; is self-driven and highly accountable.

Driving Results:

  • Responsible for monitoring progress against goals/deliverables; holds self and other accountable for results.

  • Follows organizational policies and procedures.

  • Provides continuous process improvement suggestions and may oversee implementing them.

QUALIFICATIONS

Education, Certifications/Licenses:

Required:

  • BA/BS degree in Accounting or equivalent academic education or experience.

Preferred:

  • Certified Public Accountant (CPA).

  • Masters degree in Accounting or Business Administration a plus.

Related Work Experience:

Required:

  • Minimum 6 to 8 years of experience with increasing responsibility in corporate accounting, financial reporting, accounting research, public accounting (audit), internal audit, or equivalent.

  • Experience producing well-written accounting narratives, memos, or other process documents.

  • Experience reading and interpreting complex contracts, regulations, and other legal documents.

  • Experience reading and interpreting accounting guidance, particularly familiarity with many of the following FASB Accounting Standards Codification topics:

  • Revenue recognition

  • Regulated operations

  • Leases

  • Fair value measurement

  • Consolidations / Variable interest entities

  • Pension / Post-employment benefit plans

  • Continuing professional education in accounting as appropriate.

  • Builds good working relationships with peers and interacts well with executives.

Preferred:

  • 8 years of experience with increasing responsibility in corporate accounting, financial reporting, accounting research, public accounting (audit), internal audit, or equivalent.

  • Utility or energy industry accounting experience.

  • Financial valuation experience.

  • Public accounting auditing experience at the senior manager level a strong plus.

  • SEC financial reporting at the manager level.

  • Supervisory experience a plus.

Specific Skills & Knowledge:

Required:

  • Knowledge of U.S. Generally Accepted Accounting Principles (GAAP), as evidenced by:The ability to conduct in-depth accounting research in connection with implementing significant new accounting pronouncements or determining the appropriate accounting for intermediate to complex business transactions.

  • The ability to express an understanding of and familiarity with the requirements of multiple Accounting Standards Codification Topics.

  • MS Word – intermediate proficiency.

  • MS Excel – intermediate proficiency.

  • Strong organizational and cross-functional coordination skills.

  • Team player with the ability to also work independently.

Preferred:

  • SEC financial reporting experience at the supervisory level a strong plus.

  • Experience performing financial statement audits in multiple industries a strong plus.

  • Finance skills a strong plus, including experience with valuations and derivatives.

WORKING CONDITIONS / PHYSICAL REQUIREMENTS:

Travel Requirements:

  • Infrequent Traveler (0-5% travel): May be required to travel on a very limited basis. Trips may require air travel and/or overnight stay away from home for one or more nights.

Work Environment:

  • Works in an office environment.

Disclaimer: This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of duties, responsibilities and qualifications required in the job. Reasonable accommodations may be made to qualified disabled individuals for performance of essential duties and responsibilities.

Southern Company Gas provides for the energy needs of millions of U.S. households and businesses. As the largest natural gas-only distribution company in the United States, with more than 150 years of history behind us, we're working to ensure that Americans have access to an abundant, safely delivered supply of natural gas for decades to come. We offer our customers a wide range of energy services under one umbrella: seven regulated utilities as well as non-regulated businesses that offer retail, wholesale and storage services.

Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries as of Jan. 1, 2019. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services . Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Forbes and the Women's Choice Award. 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 Field: Accounting & Auditing

Job Type: Standard

Primary Location: Georgia-Metro Atlanta-Atlanta

Operating Company: Southern Company Gas

Job Type: Standard

Travel (Up to...): Yes, 25 % of the Time

Work Location(s):

AGLR Corporate Office - 10 Peachtree Place NE (10AtlantaCODE)

10 Peachtree Place NE

Atlanta, 30309

Req ID: GAS2002283

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