Analyst IV - WV/MD Finance & Regulatory - Akron FirstEnergy Headquarters

Posted 2 Months Ago
Be an Early Applicant
3 Locations
In-Office
Mid level
Utilities
The Role
Serve as a finance business partner for the WV/MD Business Unit: develop budgets and forecasts, analyze actual vs. budget, prepare account reconciliations, journal entries and accruals, support regulatory filings and presentations, drive O&M and capital spending decisions, ensure compliance, and provide technical guidance to peers using Excel and business systems.
Summary Generated by Built In

FirstEnergy

About the Opportunity

This is an open position with FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. [SC00]

This position is in the Business Unit WVMD Finance & Regulatory Team reporting to the Manager - Business Services in West Virginia / Maryland. 

The successful candidate is a working team member and business partner for the financial planning and analysis functions for the Business Unit.  Candidate must possess strong technical and analytical skills as well as excellent communication and organizational abilities.   Duties include developing the annual budget, forecasts, preparing account reconciliations and journal entries as well as detailed monthly analysis for the assigned Business Unit. This position will serve as a business partner within the Business Unit and other internal customers within the corporation. 

Responsibilities include: 

  • Maintain a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry regulations/requirements.
  • Work with the team and business unit leaders to develop budget and forecasts, including capital and O&M planning, coordination of key stakeholders, and driving accountability for results.      Ensure alignment of Business Unit goals with FE Corp expectations.
  • Provide business partners with detailed analysis of actual, budget, and forecast in order to drive discussion and decisions on prudent O&M and Capital spending.
  • Assist in preparing presentations to Business Unit leadership and cross-functional peers.
  • Support key financial and regulatory filings.
  • Perform account reconciliations with detailed analysis and backup documentation.
  • Prepare accurate and timely monthly journal entries and accruals; understand what is being recorded and work with business partners to gather all information necessary to ensure entry is correct prior to posting.
  • Assist other team members as needed to meet deadlines through providing support for state budget and forecast entry and analysis.
  • Use sound decision making to influence and develop alternatives and recommendations to improve work processes.
  • Provide direction and education to others on technical subject matters, suggest improving programs and process effectiveness, and contribute to the achievement of goals and objectives.
  • Ensure compliance with financial policies, procedures and relevant regulations

Qualifications include:

  • Bachelor’s degree in Business, Finance, Accounting, Economics, Engineering or related discipline required. Advanced degree a plus.
  • Minimum 4 years’ relevant experience, including budgeting, forecasting, and financial analysis of O&M, Capital.
  • Demonstrated ability to work across organizations and develop and maintain strong relationships.
  • Strong technical and analytical skills, including ability to gather data across various systems/processes and generate recommendations
  • Excellent organizational abilities.   
  • Proven ability to develop business partnerships and earn trust across organizations.
  • Technical expert in Microsoft Office applications, including Excel, PowerPoint, Word, and other business-unit specific applications. SAP a plus.
  • Proven ability to deliver quality, accurate work within established deadlines, driven by excellent time management and prioritization skills
  • Strong written and verbal communication skills

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 www.firstenergycorp.com 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.
 

FirstEnergy Human Resources Team

Skills Required

  • Bachelor's degree in Business, Finance, Accounting, Economics, Engineering or related discipline
  • Minimum 4 years relevant experience including budgeting, forecasting, and financial analysis of O&M and Capital
  • Develop annual budget and forecasts, capital and O&M planning, coordination with stakeholders
  • Perform account reconciliations, prepare monthly journal entries and accruals with detailed analysis and backup
  • Strong technical and analytical skills; ability to gather data across systems and generate recommendations
  • Technical expert in Microsoft Office applications including Excel, PowerPoint, Word, and other business-unit specific applications
  • SAP experience
  • Proven ability to develop business partnerships and communicate effectively across organizations (written and verbal)
  • Excellent organizational, time management, and prioritization skills; deliver accurate work within deadlines
  • Knowledge of safety practices and compliance with financial policies, procedures and relevant regulations
  • Advanced degree
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The Company
HQ: Akron, Ohio
6,405 Employees
Year Founded: 1997

What We Do

We are a forward-thinking electric utility centered on integrity, powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger. FirstEnergy is dedicated to safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy’s 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Join the FirstEnergy Careers Facebook community at www.facebook.com/FirstEnergyCareers, where we share career tips, job postings, photos from career fairs and community events, and more

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