Rates Analyst

First Energy 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.

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 for an open position with the First Energy Service Company, a subsidiary of First Energy Corp.

This position is in the New Jersey Rates & Regulatory Affairs group. The preferred reporting location is Akron, OH, however other reporting locations will be considered with travel as needed.

• Support efforts to ensure that First Energy’s Pennsylvania distribution utility (FE PA) receives adequate and timely recovery of their costs

• Help shape the overall strategic direction for First Energy through various regulatory proceedings (including supporting the writing of testimony and the discovery process)

• Use analytical skills to develop an understanding of various rate making concepts, including revenue requirements, cost allocation, cost of service, rate of return, regulatory accounting, and the time value of money

• Assist in strengthening the relationship between FE PA and the Pennsylvania Public Utility Commission (PUC) by establishing regulatory rapport with the PUC Staff and other members of the external regulatory community

• Assist in the development of regulatory strategies on other regulatory and engineering matters, such as grid modernization and other emerging technologies, line extensions, interconnections, and lighting topics

• Support the regional customer service and engineering organizations on matters such as tariff implementation and enforcement, and other customer inquiries

• Conduct business-specific research, analyzing data, interpreting results, and making recommendations

• Meet the needs of internal and external customers through sound service and responsiveness

• Provide analytical support to mid to executive level management

• Exercise sound decision making by developing alternatives and recommendations to advance Company positions and improve work processes

• Develop effective working relationship with employees within own work group and throughout the First Energy organization

• Actively seek formal and informal learning opportunities to better understand evolving regulatory and policy issues

• Bachelor’s degree in finance, accounting, economics, engineering / engineering technology, math or related discipline required. Advanced degree is a plus.

• Minimum 2 years relevant work experience required. Relevant work experiences will include analytical, research and relationship building skills.

• Proficient in Microsoft Office applications (Excel, PowerPoint, Outlook, and Word). SAP, Business Explorer, Qlikview, and other data querying tools is a plus.

• Must be willing to travel for business to other company locations and Harrisburg, Pennsylvania for hearings, meetings and other activities, which may include overnight travel.

• Demonstrate a questioning attitude to learn, produce results, and develop relationships.

• Demonstrate analytical abilities, including problem solving and decision making.

• Deliver quality, accurate work within established deadlines.

• Excellent written and oral communication skills.

• Ability to work in a team environment.

At First Energy, 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…