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PE
PowerSouth Energy Cooperative
Accountant II
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Based on Alabama data
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What they do
An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).
$73,951 / year median in Alabama
+7% projected growth
Job Description
Financial Planning Accountant II (Financial Planning Department) PowerSouth Energy Cooperative , headquartered in Andalusia, AL, is a generation and transmission (G&T) electric cooperative with 22 distribution members
- 18 electric distribution systems and four municipal electric systems
- in Alabama and northwest Florida.
JOB SUMMARY & MINIMUM QUALIFICATIONS
The purpose of this position is to assist in the development and implementation of PowerSouth's annual operating budget, wholesale power rate, 20-year financial forecast and other financial duties as needed. This position requires a Bachelor's degree in Accounting or a closely related field and the ability to analyze and interpret accounting reports and data as well as communicate effectively through both oral and written means.JOB RESPONSIBILITIES
- Calculates, obtains and analyzes operating, maintenance and fixed cost for the annual operating budget to determine total cost of service.
- Accurately calculates billing data variables used in the annual wholesale power rate to ensure recovery of revenue required to meet PowerSouth's financial targets.
- Obtains and analyzes construction and capital expenditures from all departments for the annual budget to determine future cash flow needs.
- Calculates, obtains and analyzes projected operating, maintenance and fixed cost to determine total cost of service for the long range financial forecast plan.
- Calculates billing data variables used in the long range financial forecast plan to ensure the recovery of revenue required to meet PowerSouth's financial targets.
- Obtains, calculates and analyzes construction and capital expenditures for the long range financial forecast plan to determine PowerSouth's future cash flow needs.
- Performs monthly analysis of financial statements to ensure adequate margins are recovered to meet PowerSouth's financial targets.
- Completes special projects such as the addition of new loads, change in generation plans, and change in expense to determine the financial impact to PowerSouth.
- Develops financial planning software as needed to enable PowerSouth to be more efficient in the future.
- Responsible for ensuring the success of PowerSouth by promoting teamwork, group goals and objectives, properly communicating and cooperating within the PowerSouth organization and with member systems as well as demonstrating and promoting standards of respect and dignity, accountability, integrity, and trustworthiness.
BENEFITS
- Medical and Dental Insurance
- Pension Plan funded 100% by the company
- Vision Insurance
- Group Life Benefits
- 401(k) Plan with up to 5% employer match
- Paid Holidays
- Short-Term and Long-Term Disability
- Educational Assistance
- Paid Personal and Sick Leave Employment is subject to a negative drug screen, background check, and completion of a comprehensive application for employment.