Job Information
FirstEnergy Analyst - Accounting Policy and Controls in Akron, Ohio
FirstEnergy at a Glance
We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.
FirstEnergy (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems, more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of more than 3,500 megawatts.
About the Opportunity
This is an open position with FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. [SC00]
This position is in Accounting Policy and Controls organization within the Controller’s department. The Controller’s Department is focused on staff development and professional growth in an industry dealing with complex and technical business issues. Accounting Policy and Controls serves as a group providing cost settlement and technical accounting configuration guidance and compliance with such guidance for our regulated companies. Our areas of focus are but not limited to: accounting guidance, policies, system configurations, unitization, and controls for Energy Delivery Operations. Areas of expertise include financial cost flows between systems, construction cost policies and procedures, and compliance of Energy Delivery work management functions.
The position reports to the Director, Accounting Policy and Controls and is considered "Mobile." It can be based out of any location in the FirstEnergy Service territory.
Responsibilities include:
Maintaining a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry regulations/requirements
Alignment with FirstEnergy’s Core Values and Behaviors as well as priorities of the Controller and Finance organization
Leading the coordination of monthly, quarterly, and annual financial close entries and processes for Energy Delivery by developing or approving financial journal entries and accruals
Providing strategic guidance to regulated operations such as Capital vs O&M determination in complex situations
Leading the development and conducting pre-unitization controls on projects and work orders
Facilitating and maintaining SOX Controls and PPE narratives
Supports annual audit inquiries and testing
Supporting Energy Delivery Operations by connecting operational decisions to financial impact and how those decisions drive the business strategy
Procedure development and adherence related to accounting transactions through existing and new system integrations, such as CREWS, CASCADE, OMA, FieldNet, PowerPlan, and SAP
Support regulatory filings and reporting
Ensuring effective operation of internal controls through collaboration with General Accounting, Technical Accounting, Property Accounting, and Financial Reporting departments
Performing financial analysis, evaluations and providing ad-hoc support as necessary
Extracting and manipulating data using query tools for various databases and systems
Learning and exercising sound decision making and developing alternatives and recommendations to improve work processes
Consistently anticipating and delivering against a defined action plan
Conducting business-specific research, analyzing data, interpreting results and assisting with implementation activities
Demonstrating influence, collaboration, and ownership by leading others in solving highly complex challenges
Providing guidance and mentorship to others on the team and cross functionally
Qualifications include:
Bachelor’s degree in Business, Finance, Accounting, Economics, or related discipline is required. Advanced degree a plus
Minimum 10 years’ relevant work experience is required
Relevant work experience includes but is not limited to a working knowledge of financial acumen, understanding of SAP and FERC uniform system of accounts, reporting and forecasting processes, rate and regulatory filings, accounting, taxes, capital markets, credit rating agency protocols, and financial statement analysis.
Proficient with Microsoft Office applications (Excel, PowerPoint, Access and Word)
Demonstrate a questioning attitude to learn, produce results and develop relationships
Proficient with SAP and Qlikview applications & a willingness and ability to evolve to an expert level
Strong analytical abilities
Familiarity with GAAP, and FERC accounting/reporting required
Familiarity with SAP, Powerplan, CREWS, CASCADE, and other work management systems preferred
Familiarity with SAP cost flows and cost collectors (Orders, WBS, Cost Centers) and FEU work management process and procedures preferred
Excellent written and oral communication and time management skills
Excellent time management skills
Ability to deliver quality work products in an environment that often contains ambiguities and is not overly task-oriented
Ability to use discretion when working with strategic and often confidential financial information
Benefits, Compensation & Workforce Diversity
At FirstEnergy, employees are key to our success. We depend on their talents to meet the challenges of our changing business environment. We are committed to rewarding individual and team efforts through our total rewards philosophy which includes competitive pay plus incentive compensation, a company-sponsored pension plan, 401(k) savings plan with matching employer contribution, a choice of medical, prescription drug, dental, vision, and life insurance programs, as well as skills development training with tuition reimbursement. Please visit our website at www.firstenergycorp.com to learn more about all of our employee rewards programs. FirstEnergy proudly supports workforce diversity. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. No recruiters or agencies without a previously signed contract. Unable to sponsor or transfer H-1B visas at this time.
Safety
Safety is a core value for FirstEnergy and is essential to all of our business activities. We ensure employees have the tools, information, and processes to perform their duties in a manner that assures safety for themselves, their co-workers, our customers and the public. Our goals are to provide a safe work environment, to maintain an accident-free, injury-free workplace, and to promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards.
Position Classification
Exempt
FirstEnergy Human Resources Team