Economic Load Forecasting Analyst

FirstEnergy•Akron, OH
•Onsite

About The Position

The Economic Load Forecasting Analyst is a member of FirstEnergy’s Strategy organization and supports financial planning, reporting, forecasting, and analysis for the regulated distribution and transmission business segment, as well as coordination on consolidated financial results. The group prepares energy, peak load, and revenue forecasts for business units and management to support decision-making. The position is onsite at FirstEnergy’s Akron, Ohio; Greensburg, Pennsylvania; or Reading, Pennsylvania location. Position level and compensation depend on the selected candidate’s education, relevant experience, demonstrated skills, and overall qualifications. The role reports to the Director of Load Forecasting.

Requirements

  • Bachelor’s degree in Mathematics, Statistics, Economics, Engineering, Computer Science, Information Technology, Business, Finance, or a related discipline.
  • At least 4 years of relevant work experience; relevant experience includes in-depth data analysis, reporting and forecasting processes, rate and regulatory filings, or financial statement analysis.
  • Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint.
  • Experience working with large datasets.
  • Demonstrated questioning attitude and ability to learn, produce results, and develop relationships.
  • Strong critical-thinking skills.
  • Analytical abilities, including problem solving and decision making.
  • Ability to deliver quality, accurate work within established deadlines.
  • Strong written and verbal communication skills.
  • Ability to work in a team environment.
  • Excellent time-management skills.

Nice To Haves

  • Advanced degree.
  • Experience with programming languages such as Python, R, and SQL.

Responsibilities

  • Support customer, energy, and revenue forecast processes.
  • Represent the Company’s energy load forecasts in rate proceedings and other regulatory filings as needed.
  • Streamline existing forecasting processes and develop new processes to improve accuracy and efficiency.
  • Use data-mining and analytical tools to enhance forecast processes and prepare analyses.
  • Evaluate forecast input data for accuracy and detect trends and outliers.
  • Support regulatory filings related to forecasts.
  • Coordinate periodic actual-results and forecasting-data reporting, including financial management schedules.
  • Provide timely and accurate information, analysis, and reporting to support customer service.
  • Develop positive working relationships with employees at all levels.
  • Offer ideas and suggestions to improve complex work processes and projects.
  • Support tracking and analysis of financial key performance indicators.
  • Understand FirstEnergy’s financial and strategic goals.
  • Compile, analyze, and compare large volumes of billing data to perform customer analyses.
  • Maintain a safe workplace for coworkers.

Benefits

  • Competitive pay plus incentive compensation.
  • Company-sponsored pension plan.
  • 401(k) savings plan with matching employer contribution.
  • Choice of medical, prescription drug, dental, vision, and life insurance programs.
  • Skills development training with tuition reimbursement.
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