Economic Load Forecasting Analyst

FirstEnergy•Akron, OH
•Onsite

About The Position

The Economic Load Forecasting Analyst is part of FirstEnergy Service Company’s Strategy organization and supports financial planning and reporting for FirstEnergy’s regulated distribution and transmission business, including coordination on consolidated financial results. The role helps prepare timely and accurate energy, peak load, customer, and revenue forecasts for business units and management decision-making. The position reports to the Director of Load Forecasting and is onsite at one of FirstEnergy’s Akron, Ohio; Greensburg, Pennsylvania; or Reading, Pennsylvania locations. Position level and compensation depend on the selected candidate’s education, experience, skills, and qualifications.

Requirements

  • Bachelor’s degree in Mathematics, Statistics, Economics, Engineering, Computer Science, Information Technology, Business, Finance, or a related discipline.
  • A minimum of 4–8 years of relevant work experience, including work with 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.
  • Desire to continue learning and growing.
  • Analytical abilities, including problem-solving and decision-making.
  • Ability to deliver quality, accurate work within established deadlines.
  • Sound 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 relevant analyses.
  • Evaluate forecast input data for accuracy and identify 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 deliver excellent customer service.
  • Develop positive working relationships with employees at all levels of FirstEnergy.
  • 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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