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. PowerSouths member systems provide power to end-use consumers across 51 counties in Alabama and 10 counties in Florida.

PowerSouths most important asset is a workforce of more than 560 men and women at nine PowerSouth locations. Safety is PowerSouths number one core value, and its employees set the bar for safety excellence and have achieved an impressive safety record.

Job Summary & Minimum Qualifications

The purpose of this position is to assist in the development and implementation of PowerSouths annual operating budget, wholesale power rate, 20-year financial forecast and other financial duties as needed. This position requires a Bachelors 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 PowerSouths 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 PowerSouths financial targets.
Obtains, calculates and analyzes construction and capital expenditures for the long range financial forecast plan to determine PowerSouths future cash flow needs.
Performs monthly analysis of financial statements to ensure adequate margins are recovered to meet PowerSouths 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
Vision Insurance
Pension Plan funded 100% by the company
401(k) Plan with up to 5% employer match
Group Life Benefits
Short-Term and Long-Term Disability
Paid Holidays
Paid Personal and Sick Leave
Educational Assistance

Employment is subject to a negative drug screen, background check, and completion of a comprehensive application for employment. Interested persons who meet the above qualifications may apply on PowerSouths website at www.powersouth.com/careers by September 16, 2026. EOE, including disability/vets

Financial Planning Accountant II (Financial Planning Department)

Job description