Rates Analyst

14 hours ago


Reading, Pennsylvania, United States FirstEnergy Full time

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 for three open positions with the FirstEnergy Service Company, a subsidiary of FirstEnergy Corp.

This position is in the Pennsylvania Rates & Regulatory Affairs group. The preferred reporting location is Reading, PA, however other reporting locations will be considered with travel as needed.

Summary of Responsibilities:

  • Support efforts to ensure that FirstEnergy's Pennsylvania distribution utility (FE PA) receives adequate and timely recovery of their costs

  • Help shape the overall strategic direction for FirstEnergy through various regulatory proceedings (including supporting the writing of testimony and the discovery process)

  • Use analytical skills to develop an understanding of various ratemaking concepts, including revenue requirements, cost allocation, cost of service, rate of return, regulatory accounting, and the time value of money

  • Assist in strengthening the relationship between FE PA and the Pennsylvania Public Utility Commission (PUC) by establishing regulatory rapport with the PUC Staff and other members of the external regulatory community

  • Assist in the development of regulatory strategies on other regulatory and engineering matters, such as grid modernization and other emerging technologies, line extensions, interconnections, and lighting topics

  • Support the regional customer service and engineering organizations on matters such as tariff implementation and enforcement, and other customer inquiries

  • Conduct business-specific research, analyzing data, interpreting results, and making recommendations

  • Meet the needs of internal and external customers through sound service and responsiveness

  • Provide analytical support to mid to executive level management

  • Exercise sound decision making by developing alternatives and recommendations to advance Company positions and improve work processes

  • Develop effective working relationship with employees within own work group and throughout the FirstEnergy organization

  • Actively seek formal and informal learning opportunities to better understand evolving regulatory and policy issues

Qualifications include:

  • Bachelor's degree in finance, accounting, economics, engineering / engineering technology, math or related discipline required. Advanced degree is a plus.

  • Minimum 2 years relevant work experience required. Relevant work experiences will include analytical, research and relationship building skills.

  • Proficient in Microsoft Office applications (Excel, PowerPoint, Outlook, and Word). SAP, Business Explorer, Qlikview, and other data querying tools is a plus.

  • Must be willing to travel for business to other company locations and Harrisburg, Pennsylvania for hearings, meetings and other activities, which may include overnight travel.

  • Demonstrate a questioning attitude to learn, produce results, and develop relationships.

  • Demonstrate analytical abilities, including problem solving and decision making.

  • Deliver quality, accurate work within established deadlines.

  • Excellent written and oral communication skills.

  • Ability to work in a team environment.

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 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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