Analyst - Corporate Finance

4 weeks ago


Akron, United States FirstEnergy Full time
Job Description

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 responsible for maintaining the company's books and records in accordance with the Federal Energy Regulatory Commission's Uniform System of Accounts. The positions are within the Regulatory Accounting & Reporting department which is a central department for all FERC reporting and accounting.

This position will report to the Director, Regulatory Accounting & Reporting. This position is considered remote and can be based out of anywhere in the FirstEnergy service territory (Ohio, Pennsylvania, West Virginia, Maryland and New Jersey).

Responsibilities include:
  • Coordination of the SAP processing of FERC accounting derivation and trial balance creation
  • Participating in preparation of all quarterly and annual FERC reporting, including filing of the documents through our Workiva system (similar to Financial Reporting filing SEC documents)
  • Ensuring adherence to regulatory requirements for each state and federal jurisdiction
  • Conducting FERC accounting and reporting research with respect to hot topics, industry comparisons and new and complex company transactions and making recommendations (similar to Accounting Research on GAAP)
  • Supporting state/federal regulatory strategies in conjunction with leadership, including rate case filings and data requests
  • Interfacing with the various internal and external stakeholders, primarily Rates and Legal, and internal and external auditors.
  • Coordinating tests and reviews associated with internal and external audits
  • Maintaining a broad understanding of the FERC Uniform System of Accounting
Qualifications include:
  • Bachelor's degree in Accounting, Finance or related discipline required.
  • Minimum 0-2 years relevant work experience. Relevant work experience will include financial acumen, understanding of SAP and FERC uniform system of accounts.
  • Proficient with Microsoft Office applications (Excel, PowerPoint, and Word).
  • Ability to develop and maintain effective working relationships within work group.
  • Strong written and oral communication skills
  • Desire to learn, grow and work across FirstEnergy to deliver quality results within established deadlines.
  • Ability to demonstrate FE Values and Behaviors.
  • Experience and proficiency with SAP and FERC uniform system of accounts preferred.
  • Consistency demonstration of FE Values and Behaviors.
  • Ability to develop and maintain effective working relationships across organization at all levels.

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

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