Shire Veteran Jobs

Lease Administrator and Accountant

Please Note: This is a hybrid role, and the successful candidate is expected to work from the Southern Company Corporate Headquarters in Atlanta a minimum of 4 days per week.

JOB SUMMARY:

We are seeking a meticulous and highly organized Lease Administrator and Accountant to join the Southern Power Company team. This position is within the Property, Materials, and Lease accounting department, reporting to a team leader, and is in Atlanta, Georgia. The successful candidate will be responsible for performing all aspects of lease administration and accounting functions. This includes preparing journal entries, maintaining accurate lease records, processing lease payments, conducting financial analysis, and ensuring compliance with lease agreements and accounting standards.

Job Responsibilities:

• Prepare journal entries and supporting schedules to ensure accurate and timely completion of monthly, quarterly, and year-end financial close process in accordance with U.S. GAAP

• Perform detailed lease-related general ledger account reconciliations, investigate and resolve any reconciling differences

• Analyze monthly account activity, research variances, and effectively communicate key insights and trends to management

• Prepare and process lease payments, ensuring accuracy and timeliness

• Manage and maintain the company's lease portfolios, which consists primarily of land leases at solar and wind generating facilities, by coordinating lease renewals, amendments, and terminations, to maintain accurate lease records

• Review, interpret, and abstract lease agreements to ensure compliance with lease terms and conditions

• Work closely with the real estate and legal teams to support lease transactions and modifications

• Collaborate with property owners to answer lease-related questions and resolve issues or discrepancies

• Assist in the annual financial statement audits, SEC filings, and tax filings by preparing and providing supporting workpapers, schedules, and documentation as requested

• Assist in budgeting and forecasting lease expenses

• Evaluate existing processes and procedures, identifying opportunities for enhancement and automation to enhance efficiency and accuracy

• Ensure compliance with lease accounting standard ASC 842 and company policies

• Maintain up-to-date knowledge of lease accounting regulations and industry best practices

• Ensure internal controls are designed and performed to effectively achieve their objectives

• Respond to periodic and ad hoc requests related to leases

• Perform special projects, analysis and other duties assigned by management to support business needs

Job Requirements:

Education

• Bachelor's degree in accounting, Finance, Real Estate, or a related field is required

• Advanced degree in accounting or a related field is a plus

• CPA license (or equivalent) is a plus

Experience, Knowledge, and Skills

• 2+ years of experience in accounting is required

• Experience with lease administration and lease accounting is preferred

• Strong understanding of Generally Accepted Accounting Principles is required

• Experience using Oracle ERP accounting software, or something similar, is highly desirable

• Experience with lease management and accounting software, especially CoStar Real Estate Manager, is highly desirable

• Proficiency with Microsoft Office Suite applications, particularly Excel, is required

• Excellent analytical, problem-solving, and decision-making skills

• Ability to manage multiple priorities

• Effective communication and people skills, capable of conveying financial information to non-financial colleagues and landowners, with the ability to collaborate with diverse teams

• Meticulous with an elevated level of accuracy and the ability to detect inconsistencies in data

• Ability to manage time and work to tight deadlines

• Strong understanding of lease accounting standard ASC 842 and financial principles

• Excellent analytical, organizational, and critical thinking skills

Behavioral Attributes

• Demonstrates behaviors consistent with the company's values of Safety First, Intentional Inclusion, Act with Integrity, and Superior Performance

• Must help to ensure a culture of inclusiveness exists throughout the team

  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: 10959

Job Category: Accounting & Auditing

Job Schedule: Full time

Company: Southern Power