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Business Analyst- Any FE location

Location: 

Akron, OH, US, 44502

Job Function:  Business Analyst
Employee Type:  Reg Full Time (FT)
Requisition ID:  68165

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 Co., a subsidiary of FirstEnergy Corp. [FEU]

 

This position is responsible for supporting the Transmission/Emerging Technology/Distribution portfolios ($1+B per year) with detailed financial forecasting of the current year and the five-year Transmission/Emerging Technology/Distribution portfolios at the project level.  The monthly forecasting cycle includes working with the Project managers to ensure the project forecasts are entered correctly into the Forecasting systems and UIPlanner, ensuring that project accruals are correctly calculated and submitted to Corporate Finance, and projects are in-serviced in a timely manner.   Analysts will work closely with 5-6 Project Managers in preparation of 2 monthly meetings, the Financial Review and Accrual Review.  The forecast is managed in both the Direct view and the Settled View.
 

This position can be located at any of the FE facilities.

 

Responsibilities include:

  • Analyzing expenditures and recommending budget adjustments. Performing estimate to project actuals analysis.
  • Participating in planning, prioritizing, tracking, and reporting major projects using the SAP Work Management System (CO).
  • Ensure budget tracking against Purchase Orders or Subcontracts.
  • Providing analytical support to the portfolio development and financial group.
  • Provide variance analysis and explanations for projects.
  • Prepare journal entries for monthly accruals and any correcting entries as required.
  • Track progress and provide forecast of in-servicing plan.
  • Develop and maintain new analysis and reporting tools as needed to support the Project Management Team, with integrated data from one program to another.
  • Understand the Contribution in Aid of Construction (CIAC)/Sales Distribution billing process to make sure CIAC is properly reflected against projects.
  • Meeting customer needs by providing sound service and responsiveness.
  • Building relationships and credibility across the organization.
  • Supporting storm activities as needed.

     

Qualifications include:

  • Two or four year degree in Business, Accounting, Finance, Economics or related discipline is preferred.  In lieu of degree, minimum 2 years relevant work experience will be required.  Relevant work experience including financial analysis, accounting, financial reporting required.  The experience must include a general understanding of the subject matter. 
  • Basic knowledge of Microsoft Office tools including Excel, PowerPoint, Word
  • Basic Accounting knowledge.
  • Basic teamwork and interpersonal skills.
  • Basic analytical abilities involving moderately complex problems; exercise sound judgment.
  • Ability to learn SAP, CREWS, OPPM, UIPlanner, and Powerplant
  • Works safely according to company policies and procedures.
  • Deliver quality, accurate work within established deadlines.
  • Strong written and oral communications skills
  • Demonstrate a solid commitment to the First Energy Core Values and Behaviors and all aspects of safety.
  • Highly motivated; experience working independently with a high level of productivity
  • Travel may be required at times across the FirstEnergy system

EEI Testing

We administer selection tests for a variety of positions. The required tests have been developed by the Edison Electric Institute (EEI), a trade association of investor-owned electric utility companies.  We strongly encourage potential employees to review all information, including the sample test brochures, and to use the available practice tests before taking the actual tests.  Click this link to access the practice tests. You will be prompted for a name and password. Use firstenergy for both.


https://secure.eei.org/eeitests/onlineproducts/Login.aspx


Practice tests provide sample questions and detailed discussions of the correct answers. It's important to take the practice test as you would the actual one, with similar intensity and concentration.  You must have Adobe Acrobat Reader on your computer. 

Note: EEI website does not allow access to actual tests. Testing is held at various locations throughout our service territory based on where the job is located.

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


Nearest Major Market: Cleveland
Nearest Secondary Market: Youngstown

Job Segment: Business Analyst, Corporate Finance, Project Manager, SAP, Finance, Technology