DescriptionFinancial Analyst
JOB SUMMARY
The Financial Analyst will provide governance, compliance, allocation, and analytical support to Southern Company Services (SCS) organizations and Southern Company affiliates by ensuring the timely and accurate review of financial segments and the reporting of those segments for the budgeting organization. This position will help ensure chart of account and project segments are assigned accurately, consistently, transparently and in accordance with all applicable accounting policies, internal controls, affiliate requirements, and Southern Company policies. Key responsibilities include supporting allocation methodologies and governance, reviewing financial account setup, documenting decisions, monitoring compliance, coordinating affiliate segments, and recommending process and control improvements. The analyst will serve as a trusted partner to financial and non-financial managers by translating complex allocation and compliance requirements into clear, practical guidance.
MAJOR JOB RESPONSIBILITIES:
- Lead and support governance process for SCS Budgeting
- Develop, maintain, and communicate allocation methodologies, procedures, decision criteria, and supporting documentation.
- Evaluate allocation bases by determining which organizations, affiliates, customers, projects, or services benefit from the associated costs.
- Promote consistent use of allocation drivers, POET, template maintenance, class categories, and other financial coding across business units.
- Review financial transactions, cost assignments, and allocation results for accuracy, consistency, reasonableness, and policy compliance.
- Provide guidance to managers regarding GAAP, Southern Company accounting policies, affiliate requirements, internal controls, and allocation practices.
- Coordinate periodic allocation reviews, certifications, documentation updates, and stakeholder approvals.
- Maintain audit-ready support f