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Accounting Research Manager

Location: 

Akron, OH, US, 44308

Job Function:  Accounting
Employee Type:  Reg Full Time (FT)
Requisition ID:  42684

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 the FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. [SC00]

 

The Accounting Research Manager leads the department which provides accounting clarification or guidance on complex issues or transactions posed by different areas of the business. The department identifies actionable alternatives, options, and clarifies the accounting treatment, which are presented to management to facilitate sound decision-making. In addition, the department evaluates new and proposed accounting pronouncements, identifies impacts to the business, alerts appropriate business units, and coordinates implementation of the adoption. Accounting Research also assists the Financial Reporting department with the review and preparation of disclosures for inclusion in filings with the SEC and other stakeholders as required.

 

This position is located at the Akron General Office in Akron, Ohio.

 

 

Responsibilities include:

 

  • Managing a small team reporting up through the Corporate Assistant Controller with a focus on adherence to Generally Accepted Accounting Principles (GAAP) and Securities Exchange Commission (SEC) requirements. 
  • Analyzing complex issues and developing actionable recommendations; ensuring that decisions impacting the business are based on data and sound reasoning; communicating recommendations to leadership
  • Assisting with the review and interpretation of emerging accounting standards and keeping company management informed of significant developments
  • Preparing responses to proposed accounting standards that could have a significant impact on the Company
  • Coordinating the implementation of new accounting standards, interpretations, and reporting requirements
  • Preparing presentations on accounting matters and developments and present to various levels of management
  • Investigating accounting issues; developing and implementing action plans
  • Evaluating financial impact of transactions; providing alternatives for consideration
  • Assessing adoption of new accounting standards
  • Addressing specific accounting related inquires
  • Researching and implementing new accounting standards; educating Company personnel as appropriate
  • Supporting and documenting Accounting decisions with external auditors
  • Researching and documenting Company accounting policies

 

Qualifications

 

  • Bachelor’s Degree in Accounting, Finance, or related discipline is required.
  • Certified Public Accountant is required.
  • Minimum of 7 years’ related work experience is required.  Related work experience includes technical accounting research; experience with SEC financial statements; project management; public accounting, utility and regulatory roles
  • Highly knowledgeable of GAAP and SEC reporting requirements
  • Highly experienced technical accounting background—able to apply practical resolutions to complex problems
  • Proficient in internal controls and financial reporting concepts
  • Significant experience with SEC financial statements, including disclosures
  • Problem solving skills
  • Project management skills, including changeability
  • Proactive leadership skills, including managing small teams and complex projects
  • Excellent communications skills, written and verbal

 


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.

Position Classification

Exempt 

 

FirstEnergy Human Resources Team

 

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Nearest Major Market: Akron
Nearest Secondary Market: Cleveland

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