Analyst - Transmission Finance

FirstEnergy Corp • Akron, OH • 9h ago

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 will be onsite and will need to reside near the Akron, OH or Greensburg, PA location. This position will provide accounting support and guidance for the FirstEnergy Transmission Business and serve as the communication link between FET Leadership, FEU Finance, Regional Business Services, and various Corporate Departments. This entails, but is not limited to: interpreting financial and operational data on an ad hoc basis to support development of financial and operational solutions, maintaining accurate management and financial reporting, consolidating FET reports, maintaining accurate forecasting for cost controls, identifying and implementing business improvements to achieve optimal financial and operational results, maintaining and reporting key performance indicators, and assisting in business plan development and establishing financial targets. Responsibilities include:

Supporting annual formula rate process including responding to discovery and working with rates department to ensure positive financial outcomes

Calculating and recording revenue on a monthly basis and analyze any variances to budget

Conducting strategic research, analyzing data and utilizing results to implement solutions

Assist in preparation and review of various FERC forms

Performing financial analysis, evaluation and ad-hoc support as necessary

Supporting quarterly and annual financial reporting process

Contributing to solutions and exercising sound decision making by developing alternatives and recommendations to improve work processes

Preparing and/or reviewing general ledger entries

Providing guidance to business on GAAP and FERC accounting requirements and impact to financial results

Providing excellent customer service through timely and accurate information, analysis and reporting

Developing effective working relationships with employees at all levels of FirstEnergy

Understanding the financial and strategic goals of FirstEnergy

Qualifications include:

Bachelor's degree in Accounting, Finance, or Business required

General knowledge of financial statement analysis

Proficient with Microsoft Office tools, including Excel, PowerPoint, Access, and Word

Demonstrate a questioning attitude to learn, produce results, and strengthen existing relationships

Desire to continue to learn, grow and work across FirstEnergy and deliver results

Excellent analytical abilities

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 Apply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjM2NzkyLjEwNTA4QGZpcnN0ZW5lcmd5Y29tcC5hcGxpdHJhay5jb20

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