Financial Analyst - Transmission

FirstEnergy•Akron, OH
•Onsite

About The Position

This full-time, on-site position with FirstEnergy Service Company supports financial planning, reporting, and analysis for the Transmission segment. Reporting to the Manager, Transmission Planning & Reporting, the Financial Analyst provides accurate financial analysis, forecasting, and reporting to support the company’s financial health and informed business decisions. The role is based in Akron, Ohio, or Greensburg, Pennsylvania. The analyst partners with Transmission leadership and stakeholders across the company, including Transmission Operations, Utility Leadership, Rates, Tax, and Controllers. The position supports budgeting, forecasting, strategic planning, regulatory matters, governance, SEC reporting, and the close process. It also contributes to continuous improvement and the use of technology to streamline financial processes.

Requirements

  • Bachelor’s degree in finance, accounting, engineering, business, or a related discipline, or at least 4 years of related work experience in lieu of a college degree.
  • At least 2 years of relevant work experience with increasing impact and responsibility, including budgeting, forecasting, and financial analysis of O&M, capital, or full P&L results; applicants qualifying through the no-degree alternative need at least 4 years of related work experience.
  • Strong financial acumen, including in-depth knowledge of financial statement analysis, budgeting and forecasting theory and processes, and internal and external reporting functions.
  • General knowledge of GAAP and FERC accounting principles.
  • Understanding of state and federal regulatory frameworks and ability to translate recommendations into actions to optimize results.
  • Ability to develop business partnerships and earn trust across organizations.
  • Strong verbal and written communication skills.
  • Expert analytical skills and a track record of solving complex issues with clear, logical, and impactful solutions.
  • Technical expertise in Microsoft Office applications, including Excel, PowerPoint, and Word.
  • Commitment to FirstEnergy’s values and behaviors, transparency, continuous learning, and improvement.

Nice To Haves

  • Advanced degree.
  • Regulated finance experience.
  • Experience with SAP and UI Planner.
  • Data visualization skills and technical capabilities with Power BI.

Responsibilities

  • Provide the Transmission leadership team with timely, accurate, actionable analytics and clear financial reporting.
  • Support Transmission Finance budgeting, forecasting, analysis, and reporting, including O&M and capital planning, P&L, balance sheets, cash flows, and credit metrics.
  • Partner with stakeholders across Transmission Operations, Utility Leadership, Rates, Tax, Controllers, and other departments; connect financial plans with performance, build business knowledge, identify opportunities, mitigate risks, and drive results.
  • Facilitate governance matters related to the FET Board and Brookfield; prepare monthly financial reporting on FET results and support Board and strategy retreat materials.
  • Support SEC filings and disclosures for FET and prepare SEC filings and disclosures for FE’s Stand-Alone Transmission reporting segment.
  • Identify and implement continuous improvement opportunities, including streamlining and automating processes through technology.
  • Support regulatory work by preparing data and documentation for rate filings and regulatory proceedings.
  • Participate in the closing process as needed and prepare journal entries supporting Transmission.

Benefits

  • Competitive pay and 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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