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Regulatory Affairs Analyst

2 months ago

Reading, Pennsylvania, United States FirstEnergy Corp Full time

Company Overview
FirstEnergy is a progressive electric utility driven by a diverse workforce dedicated to enhancing customer experiences, improving environmental sustainability, and strengthening community ties.

About FirstEnergy
Headquartered in Akron, Ohio, FirstEnergy (NYSE: FE) operates one of the largest investor-owned electric systems in the United States, encompassing over 24,000 miles of transmission lines across the Midwest and Mid-Atlantic regions, alongside a regulated generating fleet exceeding 3,500 megawatts.

Position Overview
This role is part of FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. The level of the Pennsylvania Rates & Regulatory Affairs Analyst will be determined based on the interview outcomes, taking into account the candidate's qualifications, experience, and skills.

Key Responsibilities:
- Facilitate the recovery of costs for FirstEnergy's Pennsylvania distribution utilities in a timely manner.
- Assist in the management and development of various regulatory proceedings, including the preparation of testimony and tariff filings.
- Utilize analytical skills to comprehend ratemaking concepts such as revenue requirements, cost allocation, and regulatory accounting.
- Strengthen relationships between FirstEnergy's Pennsylvania utilities and the Public Utilities Commission of Pennsylvania.
- Support the formulation of strategies on regulatory and engineering issues, including grid modernization and emerging technologies.
- Provide assistance to regional customer service and engineering teams regarding tariff implementation and customer inquiries.
- Conduct research, analyze data, interpret findings, and offer recommendations.
- Ensure internal and external customer needs are met through effective service and responsiveness.
- Deliver analytical support to management at various levels.
- Make informed decisions by developing alternatives and recommendations to enhance company processes.
- Foster effective working relationships within the team and across the organization.
- Pursue formal and informal learning opportunities to stay informed on evolving regulatory and policy matters.

Qualifications:
- A Bachelor's degree in finance, accounting, economics, engineering, mathematics, or a related field is preferred; an advanced degree is advantageous.
- 0-2 years of relevant experience is required, with a focus on analytical, research, and relationship-building skills.
- Proficiency in Microsoft Office Suite (Excel, PowerPoint, Outlook, Word) is essential; experience with SAP, Business Explorer, Qlikview, or similar data tools is a plus.
- Willingness to travel for business-related activities, including meetings and hearings.
- A proactive attitude towards learning, achieving results, and building relationships.
- Strong analytical skills, including problem-solving and critical thinking abilities.
- Ability to deliver quality work within set deadlines.
- Excellent written and verbal communication skills.
- Capability to work collaboratively in a team environment.
- A commitment to continuous learning and professional growth.

Benefits and Diversity Commitment
At FirstEnergy, our employees are integral to our success. We are committed to recognizing individual and team contributions through a comprehensive rewards program that includes competitive compensation, a company-sponsored pension plan, a 401(k) savings plan with employer matching, and a variety of health and insurance options. We are dedicated to fostering workforce diversity and provide equal employment opportunities without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, veteran status, or disability status.

Safety Commitment
Safety is a fundamental value at FirstEnergy, essential to all our operations. We equip our employees with the necessary tools and information to perform their duties safely, aiming for an accident-free workplace and promoting public safety.