Financial Reporting Specialist

Financial Reporting Specialist – MEAG Power

Position Title: Financial Reporting Specialist

Reports to: Controller, Director of Accounting

Location: Atlanta, GA (On‑site)

Work Arrangement: Incumbent must work in office in Atlanta four (4) days per week and may work remotely one (1) day per week with manager approval

Summary

Position is responsible for the preparation of MEAG Power’s annual and quarterly financial reports for public release/disclosure as well as applicable annual and quarterly public disclosures pertaining to Participant data required by bond disclosure agreements, Power Sales contracts and the U.S. Department of Energy (DOE).

Key Responsibilities/Accountabilities

• Prepares MEAG Power’s annual consolidated financials (Annual Financials) for inclusion in the Annual Report and Annual Information Statement (AIS) in coordination and communication with management, staff, attorneys, external auditors, and the design company for the Annual Report, and presents to the Risk Management Audit Committee of the Board of Directors.
• Maintains a database of certain Participant financial and other information, as well as Participants’ audited financial statements, and uses such data to prepare Quarterly Participant Reports (QPR) and AIS disclosures to comply with the Continuing Disclosure Agreements of MEAG Power’s outstanding bonds.
• Files the following with MEAG Power’s bond Trustees and the Municipal Securities Rule making Board in accordance with SEC Rule 15c2-12:
  • Annual Financials in accordance with applicable bond resolutions
  • QPRs in accordance with Continuing Disclosure Agreements
• Prepares MEAG Power’s Vogtle Units 3 & 4 Project Entities’ (SPVs) financials (annually) in accordance with timelines specified by Loan Guarantee Agreements with the DOE.
• Prepares MEAG Power’s quarterly reports for the first, second, and third quarters of each year in accordance with timelines specified by the DOE and applicable credit agreements.
• Prepares and/or reviews for content and accuracy applicable MEAG Power financial or Participant‑related disclosures in the AIS and MEAG Power’s Official Statements for bond issuance.
• Coordinates with the external auditors to facilitate their preparation of a comfort letter, which is part of the documents required for each bond closing.
• Monitors and evaluates developments pertaining to accounting pronouncements issued by the Financial Accounting Standards Board and the Governmental Accounting Standards Board that may impact MEAG Power’s financial statements or disclosures.
• Provides MEAG Power financial or Participant Information as requested for special projects by management or bond rating agencies (Fitch, Moody’s, or S&P).
• Performs other duties as assigned.

Qualifications

• Bachelor’s degree in accounting with at least 10–12 years of related experience demonstrating a progression in responsibilities.
• Knowledge and subject matter expertise required to perform the position’s complete responsibilities.
• A CPA designation and at least 5 years of utility accounting experience is preferred.
• Strong written and verbal skills commensurate for public disclosure documents, as well as correspondence with senior management, financial and legal professionals.
• Maturity and judgment to work with and maintain significant confidential information.
• Detail‑oriented.
• Ability to manage tasks to meet specific and required deadlines.
• Ability to “think on your feet” and adjust to or make decisions under time constraints.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required.

Number of Reports: 0

Benefits

• Health, Vision, and Dental coverage as well as Opt‑Out Incentives
• Health and Dependent Care FSAs
• Vacation and Sick days
• 10 paid Holidays
• 1 Floating Holiday (if hired prior to July)
• Short‑Term Disability (after 1 year of service)
• Long‑Term Disability
• Basic Life and AD&DD Insurance
• Voluntary Benefits – Individual, Spouse, and Child Life Insurance
• 403(b) Tax‑Deferred Retirement Plan with company match & non‑match contributions
• 457(b) Tax‑Deferred Retirement Plan
• Vacation Purchase Program

MEAG Power is an equal opportunity employer. MEAG Power provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

MEAG Power is a drug‑free workplace. External candidates are required to pass a drug test and background screening before beginning employment.