Analyst Accounting Policy and Controls in Erie, Pennsylvania

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. 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 within First Energy Service Company, a subsidiary of First Energy Corp. The reporting location for this onsite position may be based at any First Energy Service location, including but not limited to Akron, OH;
Williamsport, MD;
Reading, PA;
Greensburg, PA; and Erie, PA. This position is in the Accounting Policy and Controls organization within the Controller's department. The Controller's Department is focused on staff development and professional growth in an industry dealing with complex and technical business issues. Accounting Policy and Controls serves as a group providing cost settlement and technical accounting configuration guidance and compliance with such guidance for our regulated companies.

Our areas of focus are but not limited to: accounting guidance, policies, system configurations, unitization, and controls for Energy Delivery Operations. Areas of expertise include financial cost flows between systems, construction cost policies and procedures, and compliance of Energy Delivery work management functions. The position reports to the Director, Accounting Policy and Controls.

• Maintaining a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry regulations/requirements
• Alignment with First Energy's Core Values and Behaviors as well as priorities of the Controller and Finance organization
• Assisting and coordinating monthly, quarterly, and annual financial close entries and processes for Energy Delivery by developing or approving financial journal entries and accruals
• Preparation of capitalization and reclassification journal entries such as Rubber Goods, Lineman Essentials, Small Tools, Claims and Make Ready write off entries
• Conducting Non-Consumption SD (Sales Distribution) Reserve process on a monthly basis
• Conduct Storm Resettlement Process between capital and O&M on a monthly basis as well routine updates to variables within the process
• Prepare Blackline reconciliation for related accounts
• Support Mutual Assistance Storm accounting process when applicable
• Facilitating and maintaining SOX Controls and PPE narratives as well as operating controls around in-servicing
• Strategic guidance to regulated operations such as Capital vs O&M determination
• Developing and conducting pre-unitization controls on projects and work orders
• Supports annual audit inquiries and testing
• Procedure development and adherence related to accounting transactions through existing and new system integrations, such as CREWS, CASCADE, OMA, Field Net, Power Plan, and SAP
• Support regulatory filings and reporting
• Ensuring effective operation of internal controls through collaboration with General Accounting, Technical Accounting, Property Accounting, and Financial Reporting departments
• Performing financial analysis, evaluations and providing ad-hoc support as necessary
• Extracting and manipulating data using query tools for various databases and systems
• Learning and exercising sound decision making and developing alternatives and recommendations to improve work processes
• Consistently anticipating and delivering against a defined action plan
• Conducting business-specific research, analyzing data, interpreting results and assisting with implementation activities

• Bachelor's degree in Business, Finance, Accounting, Economics, or related discipline is required. Advanced degree a plus.
• Minimum 7 years' related work experience is required
• Relevant work experience includes but is not limited to a working knowledge of financial acumen, understanding of SAP and FERC uniform system of accounts, reporting and forecasting processes, rate and regulatory filings, accounting, taxes, capital markets, credit rating agency protocols, and financial statement analysis
• Proficient with Microsoft Office applications (Excel, PowerPoint, Access and Word)
• Demonstrate a questioning attitude to learn, produce results and develop relationships
• Desire to learn, grow, and work across First Energy and deliver results
• Excellent analytical abilities
• Develop effective working relationships with employees at all levels
• Ability to deliver quality, accurate work within established deadlines
• Excellent written and oral communication and time management skills
• Proficient with SAP, Qlikview and PowerBI applications & a willingness and ability to evolve to an expert level
• Familiarity…