Pool Settlement Analyst - Financial & Contract Services

Southern Company•Birmingham, AL

About The Position

Southern Company's Financial & Contract Services (F&CS) organization plays a critical role in supporting Commercial Operations by transforming complex operational, contractual, and financial information into accurate settlements, reporting, accounting, and business analysis. This position supports the administration and settlement of the Intercompany Interchange Contract (IIC), the agreement that governs the sharing of generation resources and allocation of associated costs among Southern Company's Operating Companies. The role analyzes the operational, contractual, and financial activities that drive settlement results and helps ensure the accurate translation of electric system operations into financial reporting, accounting, and customer settlements. Through collaboration with and support of stakeholders across Commercial Operations, Energy Policy, the Operating Companies, Regulatory, Accounting, and Technology organizations, the successful candidate will develop a broad understanding of Southern Company's electric system, customer settlement processes, load-related activities, and the business and regulatory considerations that influence settlement outcomes. Candidates with backgrounds in engineering, mathematics, data analytics, computer science, business, finance, accounting, economics, or other technical disciplines are encouraged to apply.

Requirements

Bachelor's degree in Engineering, Mathematics, Statistics, Computer Science, Data Analytics, Finance, Accounting, Economics, Business, or a related discipline.
Strong analytical and problem-solving abilities.
Strong attention to detail and commitment to data integrity, with the ability to consistently produce accurate, high-quality work while managing complex calculations, large volumes of data, and recurring deadlines.
Ability to analyze large volumes of information, identify trends, and develop meaningful conclusions.
Strong written and verbal communication skills.
Strong organizational skills and ability to manage multiple priorities.
Demonstrated initiative, curiosity, and willingness to learn complex business processes.
Proficiency with Microsoft Excel and other business software applications.

Nice To Haves

Experience with electric utility operations, power systems, energy markets, settlements, accounting, finance, regulatory reporting, or data analytics.
Experience working with large data sets and complex calculations.
Knowledge of accounting principles, internal controls, audit requirements, or regulatory reporting processes.

Responsibilities

Support the accurate and timely administration and settlement of the Intercompany Interchange Contract (IIC), including settlement calculations, accounting information, supporting documentation, reporting, and issue resolution.
Analyze operational, contractual, and financial data used in the administration of the IIC and the allocation of costs and benefits among Southern Company's Operating Companies.
Develop and maintain a strong understanding of the methodologies, business rules, and processes that support Pool Settlement and related Commercial Operations activities.
Perform analytical review of settlement results and investigate variances, trends, and unusual outcomes to identify root causes and ensure accuracy.
Provide analytical and settlement support for customer settlement processes, load-related activities, days clearing processes, and other initiatives that support Commercial Operations objectives.
Partner with Commercial Operations, Energy Policy, Operating Company, Regulatory, Accounting, and Technology organizations to resolve complex business and settlement issues and support strategic initiatives.
Support monthly accounting close activities, reconciliations, variance analysis, financial reporting, and regulatory reporting requirements.
Develop, maintain, and improve analytical tools, settlement applications, reports, dashboards, and automated processes that enhance business understanding and operational efficiency.
Identify opportunities to strengthen internal controls, improve data quality, streamline processes, and leverage technology to support settlement and reporting functions.
Support system enhancements, testing efforts, process improvement initiatives, and special projects impacting settlement, accounting, and reporting activities.
Prepare analyses and supporting documentation for management, auditors, regulatory organizations, Operating Companies, and other internal business partners.
Maintain thorough documentation of settlement methodologies, business processes, assumptions, calculations, and controls.
Participate in cross-training and developmental opportunities within Financial & Contract Services to expand knowledge of Commercial Operations, settlement processes, and the wholesale energy business.