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Tax Accountant

Georgia Power Company

Georgia Power Company

Accounting & Finance
Atlanta, GA, USA
Posted on Nov 6, 2024

Tax Accountant

Atlanta, GA

Tax Accountant - Tax Depreciation & Deferred Taxes

JOB SUMMARY:

The primary responsibilities of this position are (a) the preparation of tax depreciation and other property-related components of the federal and state income tax returns and quarterly payment estimates for major subsidiaries of The Southern Company; and (b) the calculation of deferred tax data for financial accounting purposes. Other responsibilities are listed below.

JOB REQUIREMENTS:

  • BS in Accounting or Finance required

  • CPA highly preferred

  • Must have a minimum of 3 years of Accounting or Tax experience

  • Corporate income tax return preparation experience, including working knowledge of code, regulations, and administrative pronouncements

  • Experience with a regulated utility preferred

  • Deferred income tax accounting knowledge preferred

  • Some tax research experience preferred

  • MS Excel skills required; PowerPlan and PowerTax skills preferred

  • Ability to apply thorough technical knowledge of income tax returns

  • Knowledge of electric utility business and regulated accounting preferred.

  • Strong oral and written communication skills; communicating effectively at all organizational levels with both technical and non-technical employees

MAJOR JOB RESPONSIBILITIES:

  • Prepares depreciation and other property-related Ms for federal and state income tax returns

  • Prepares depreciation and other property-related Ms for estimates of quarterly payments to the IRS and states

  • Reconcile fixed asset plant and reserve balances among accounting and tax books

  • Prepares federal and state deferred income tax actualization data and entries

  • Prepares federal and state deferred income tax forecasts

  • Utilizes PowerTax software in all of the above

  • Researches tax law and determines optimum tax treatment of complex transactions and document conclusions

  • Assists subsidiaries' tax accounting personnel in identifying and understanding book/tax differences

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 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: 8694

Job Category: Accounting & Auditing

Job Schedule: Full time

Company: Southern Company Services

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