Analyst- Regulatory Accounting

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- Regulatory Accounting role at First Energy

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- Regulatory Accounting role at First Energy

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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.

About the Opportunity

This is an open position with First Energy Service Company, a subsidiary of First Energy Corp. [SC00]

This position is responsible for supporting the company's Controller's Department by participating in the monthly closing process as well as providing data and variance analysis to various regulatory agencies and auditors both internal and external. Additionally, this analyst will work with the different Rate Departments to ensure the regulatory deferrals are being refunded or recovered as intended.

All positions are onsite and may be located near the Akron, OH or Greensburg, PA location.

Responsibilities include:
- Subject matter expert on specific regulatory deferrals, perform the monthly calculations and prepare the journal entries
- Preparing and analyzing data to respond to requests from internal and external auditors
- Preparing and analyzing complex data to be submitted to FERC, various state commissions and internal management
- Reconcile balance sheet accounts for the monthly Black Line process
- Preparing journal entries during the monthly close process
- Prepare portions of state specific regulatory memos and disclosure documents
- Lead and develop solutions to improve the accuracy or efficiency of complex business processes and /or projects
- Conducting ad hoc research, analyze data, interpret results, and assist in implementation of regulatory mechanisms and financial reporting
- Coordinating and reviewing responses to rate case interrogatories
- Responsible for developing and maintaining controls for SOX compliance
- Understanding the financial and strategic goals of First Energy
- Educating and directing others on technical subject matters, improving programs and process effectiveness, and making significant contributions to the achievement of goals and objectives
- Serving as a "thought leader" and technical resource for less tenured employees
- Promoting a sense of urgency in the team for reaching goals and meeting deadlines
- Maintaining a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry relations/requirements

Qualifications include:
- Bachelor's degree in Business, Finance, Accounting or related discipline required. Advanced degree a plus
- Minimum 4 years professional work experience required
- Proficient in Microsoft Office tools, including Excel, PowerPoint, Word, Access, and other business-unit specific applications.
- Experience working with SAP preferred
- Demonstrate a questioning attitude to learn, produce results and develop relationships
- Desire to learn, grow and work across First Energy and deliver results
- Develop effective working relationships with employees at all levels
- Ability to deliver quality, accurate work within established deadlines
- Excellent time management skills
- Ability to lead by example
- Demonstrate a questioning attitude
- Superior written and verbal communication skills;
Ability to formally present complex subject matter to all levels of management

Benefits, Compensation & Workforce Diversity

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 development training with tuition reimbursement.

Please visit our website at  to learn more about all of our employee rewards programs. First Energy 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 First Energy and is…