Manager, Gas Accounting

South Star Energy Services | Southern Company Gas Job Summary

This position is responsible for managing the accurate and timely calculation, accounting, and recognition of physical natural gas costs, financial derivative instruments, and operational expenses for South Star Energy Services. The position is responsible for the preparation of financial statements in accordance with Generally Accepted Accounting Principles, as well as internal, external, financial, and regulatory reporting requirements across all South Star Energy Services markets.

The position oversees accounting activities related to physical natural gas purchases, storage activity, variable and fixed transportation costs, asset management activities, and financial hedging instruments used to mitigate commodity price and weather-related risks.

This role is also responsible for supervising the settlement of physical and financial obligations in accordance with payment terms established with counter parties and suppliers. The successful candidate must have the ability to research complex accounting guidance, evaluate business transactions, and determine the appropriate accounting treatment.

Additional responsibilities include interactions with independent auditors, oversight of internal control and compliance activities, and review of financial disclosures used in Securities and Exchange Commission filings.

South Star Energy Services is a wholly owned subsidiary of Southern Company Gas and proudly serves more than 600,000 residential, business, large commercial, and industrial customers in retail energy choice markets throughout the United States.

Depending on location, customers may know South Star Energy Services through one of its trade names, including Georgia Natural Gas, Florida Natural Gas, Ohio Natural Gas, Pennsylvania Energy, Grand Rapids Energy, Illinois Energy, or Illinois Energy Solutions.

With more than 25 years of experience in retail energy choice markets, South Star Energy Services combines the expertise and resources of a national energy supplier with the local market knowledge of a regional provider. The company operates a service network encompassing approximately 20 interstate natural gas pipelines and successfully manages more than 8 million customer interactions each year.

South Star Energy Services is also committed to environmental responsibility through programs such as Greener Life, which allows carbon credits to offset customers' natural gas usage.

The successful candidate will be responsible for supervising, supporting, and performing activities in the following areas:

• Calculate, review, and document monthly natural gas cost estimates and prior-month true-ups for assigned markets.

• Account for all physical natural gas purchase volumes.

• Account for monthly variable and fixed transportation costs.

• Account for monthly changes in natural gas storage values.

• Account for asset management activities within assigned markets.

• Analyze, interpret, and present cost estimates and true ups during monthly natural gas cost close meetings with Physical Operations.

• Prepare and post all journal entries associated with natural gas costs for assigned markets.

• Maintain documentation required to support Sarbanes‑Oxley Act compliance.

• Identify internal control weaknesses and recommend opportunities to improve processes associated with calculating, recording, and reporting natural gas costs within the general ledger.

• Support the accurate and timely preparation of financial information in accordance with Generally Accepted Accounting Principles.

• Partner with operational and financial teams to research and resolve accounting discrepancies.