Analyst - Accounting Policy and Controls

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, p