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Senior Accounting Policy and Controls Specialist

2 months ago

Akron, Ohio, United States FirstEnergy Full time
About the Opportunity

This is an open position with FirstEnergy Service Company, a subsidiary of FirstEnergy Corp.

Job Summary

We are seeking a highly skilled and experienced Senior Accounting Policy and Controls Specialist to join our Accounting Policy and Controls organization within the Controller's department.

Key Responsibilities
  • Maintain a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry regulations/requirements
  • Align with FirstEnergy's Core Values and Behaviors as well as priorities of the Controller and Finance organization
  • Lead the coordination of monthly, quarterly, and annual financial close entries and processes for Energy Delivery by developing or approving financial journal entries and accruals
  • Provide strategic guidance to regulated operations such as Capital vs O&M determination in complex situations
  • Lead the development and conducting pre-unitization controls on projects and work orders
  • Facilitate and maintain SOX Controls and PPE narratives
  • Support annual audit inquiries and testing
  • Support Energy Delivery Operations by connecting operational decisions to financial impact and how those decisions drive the business strategy
  • Develop and adhere to procedures related to accounting transactions through existing and new system integrations, such as CREWS, CASCADE, OMA, FieldNet, PowerPlan, and SAP
  • Support regulatory filings and reporting
  • Ensure effective operation of internal controls through collaboration with General Accounting, Technical Accounting, Property Accounting, and Financial Reporting departments
  • Perform financial analysis, evaluations, and provide ad-hoc support as necessary
  • Extract and manipulate data using query tools for various databases and systems
  • Learn and exercise sound decision making and develop alternatives and recommendations to improve work processes
  • Consistently anticipate and deliver against a defined action plan
  • Conduct business-specific research, analyze data, interpret results, and assist with implementation activities
  • Demonstrate influence, collaboration, and ownership by leading others in solving highly complex challenges
  • Provide guidance and mentorship to others on the team and cross-functionally
Qualifications
  • 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 and 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.

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.

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