General Accounting Manager

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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.

First Energy (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Headquartered in Akron, Ohio, First Energy 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.

This is an open position with First Energy Service Company, a subsidiary of First Energy Corp.

Position manages a team of accounting professionals responsible for maintaining the company’s books and records in accordance with generally accepted accounting principles (GAAP) and the Federal Energy Regulatory Commission’s (FERC) Uniform System of Accounts. The position ensures adherence to company accounting policies and procedures and compliance with processes and controls established in accordance with the Sarbanes‑Oxley Act (SOX).

Position responsible for coordinating and executing the monthly financial close, maintaining the company’s SAP general ledger accounting system, configuring and maintaining SAP cost flows and participating in complex and technical accounting issues related to various areas of accounting. Mentor and train General Accounting staff as needed. Create clear, concise and accurate reports and analysis for a wide range of internal clients with an emphasis on meeting internal and external reporting and analysis needs and deadlines.

Prepare and/or review journal entries and fluxes in various areas of accounting.

This position reports to the Assistant Controller, Corporate and will be onsite, with candidate needing to reside near the Akron, OH or Greensburg, PA locations. The location will be dependent upon the candidate selected.

• Leading a team of accounting professionals to ensure accurate, complete, and timely closing of the company’s books and records.
• Responsible for the monthly financial closing process in SAP, which includes multiple sequenced steps and the execution of systematic processes that provide for the accurate reporting of financial results for all First Energy legal entities.
• Maintain the company’s SAP general ledger accounting system and required master data.
• Manage the First Energy Service Company accounting and reporting processes.
• Configure and manage the Company’s complex SAP cost flows and assessment cycles.
• Ensuring that the company’s books and records comply with First Energy’s Cost Allocation Manual, Service Company and Mutual Assistance agreements, and related money pool agreements.
• Responsible for the calculation and implementation of the various overhead processes in SAP.
• Oversee the design and performance of accounting processes and controls established in accordance with SOX.
• Oversee the Company’s Blackline account reconciliation process, including creating/reviewing monthly reconciliations.
• Assist in preparing/reviewing 10Q/10K/Form 1 support schedules for SEC and FERC reporting.
• Support the jurisdictional Rates Departments in filing distribution base rate cases and transmission revenue requirement filings, through related data requests.
• Maintain and ensure compliance with the company’s accounting policies and procedures.
• Interfacing with the company’s legal team to ensure appropriate accounting reserves for legal and environmental liabilities.
• Coordinating the accounting for complex employee and retiree benefit programs; including, qualified and non‑qualified pensions and other postemployment benefits, short‑term and long‑term incentive programs, executive/director deferred compensation, and paid‑time‑off benefits.
• Responsible for other General Accounting areas including cash reconciliations, debt accounting, prepaid expenses, affiliated rents, aircraft accounting, and customer uncollectible expense.
• Working collaboratively across organizations including Legal, Rates, Tax,…