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Finance Business Analyst - Any FirstEnergy Location

Location: 

Akron, OH, US, 44308

Job Function:  Business Analyst
Employee Type:  Reg Full Time (FT)
Requisition ID:  43164

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]

 

Preferred location is Akron but this position is open to any of the FirstEnergy locations depending upon the selected candidate.

 

This position is responsible for the creation of Transmission project master data in SAP (work orders and WBS’s) as requested from Transmission Portfolio Development. This requires and in-depth understanding of FERC accounting, SAP cost flows, the concepts of: FE Operating Companies, Distribution vs. Transmission, Lines vs. Substations, capital vs removal vs. O&M, and the ability to determine asset ownership. The position also requires an understanding of various systems (SAP, PowerPlant, CREWS, Cascade, RPA, etc.) in order to determine the correct master data set up. The position will work closely with the FET Forecasting group in support of project forecasting and budgeting. This position also supports the Transmission Project Managers with project accounting. Participates in accounting related activities such as determining CIAC, developing journal entries, and project close-out. Also can be involved in the monthly reporting process, ad hoc financial analysis and reports as well as support various systems such as the Transmission Forecast tool and OPPM.

 

Responsibilities include:

  • Demonstrating commitment to the FirstEnergy Core Values and Behaviors including safety. Ensuring the accounting compliance of Transmission cost collectors.
  • Creating Transmission project WBS’s and work orders in SAP.
  • Determining correct asset ownership and incorporating in the development of the project accounting. Determining correct project accounting settlement rules relating to Operating Companies, Voltage, Capital, Removal, O&M of project accounting.
  • Supporting the FET forecasting group with project accounting issues, CIAC (make the necessary system entries to ensure accurate posting), and creating journal entries as needed.
  • Supporting the Transmission Portfolio Development group by creating project WBS’s and work orders in SAP for projects approved in the Transmission Portfolio.
  • Ensuring that the correct WBS’s and work orders are mapped to the appropriate project RPA.
  • Running master data queries; ensuring the integrity of the Master Data in SAP and PowerPlant is accurate; making the necessary modifications as required.
  • Supporting ad hoc research of WBS’s and work orders. Supporting the monthly financial reporting process.
  • Supporting Transmission Forecast Tool.
  • Collaborating with the Transmission Business Services Group.

 

Qualifications include:

 

  • Two or four year degree in Accounting, Finance or related discipline preferred. In lieu of degree, minimum 2 years relevant work experience will be required.
  • Minimum 0-2 years relevant work experience required. Relevant work experience including financial analysis, accounting, financial reporting required. The experience must include a basic understanding of the subject matter.
  • Advanced degree is preferred.
  • Excellent interpersonal skills, strong written and verbal communication skills. Utility accounting experience preferred.
  • Proficient with Microsoft Office tools including Excel, PowerPoint, Word, Access
  • Demonstrated working knowledge of FE specific systems such as SAP, PowerPlant, CREWS, RPA, Transmission GIS, Transmission Mapping (on SharePoint), Toad Data Point, UI Planner is preferred. Knowledge of FERC accounting is preferred.
  • Travel may be required at times across the FirstEnergy system Support of storm activities.

 

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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: Akron
Nearest Secondary Market: Cleveland

Job Segment: Business Analyst, Financial, Developer, ERP, Financial Analyst, Finance, Technology