Junior financial analyst Jobs in Birmingham, AL

Job Description

Engineering Analyst / Financial Analyst - Financial Evaluation & Analysis

JOB SUMMARY

Southern Power's Financial Evaluation & Analysis organization is part of Southern Power Finance. This position is accountable for performing financial analysis, financial model development, risk / return analysis, and generation business case development. This position also supports the structuring and implementation of tax equity transactions for renewable assets. These activities are done in support of Southern Power Company's (SPC) strategic growth initiatives and wholesale marketing efforts. This position is located in Birmingham, Alabama, in the Energy Center at the Colonnade.

The successful candidate will have the opportunity to gain expertise in (a) financial valuation of renewable and gas projects, including the application of relevant accounting concepts, (b) various planning and forecasting functions of the utility industry, and (c) the structure of power markets across the U.S. The candidate will support the team by developing acquisition and development business cases. Other areas the candidate will have the opportunity to work with include, but are not limited to :

• Asset acquisitions and understanding the transaction prices of projects given a certain risk profile
• Understanding cost of capital and financial hurdle rates
• Acquisitions and development of gas and renewable power assets, including but not limited to wind, solar, and storage facilities
• Tax equity partnership deal structuring and implementation
• Understanding power and economic forecasts used in modeling
• Understanding energy markets and legislation and their impact on individual projects

JOB REQUIREMENTS

Education

Experience

Wholesale / retail utility finance (including proforma & cash flow analysis)

Knowledge, Skills & Abilities

Behavioral Attributes

JOB RESPONSIBILITIES

About Us

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 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 solutions provider 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 customers' and communities' needs while advancing our goal of net-zero greenhouse gas 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 has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. 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.

About the Team

Southern Power