Manager, Transmission Planning & Reporting

FirstEnergy • Akron, OH

8d • Onsite

About The Position

This position is a key role on the Transmission team reporting to the Director, Transmission Finance. The primary office location for this role will be in Akron, OH. The successful candidate will support financial planning, reporting and analysis for the Transmission segment. This leader plays a pivotal role in providing strategic insights to support operations and finance, with the ability to communicate informed, actionable guidance aligned with organizational goals by building a strong foundation of business partnerships. This position serves as the primary communication link on financial performance between Transmission Leadership, Utility Leadership, FP&A, the Controller’s Department, Treasury, FET Finance and various other groups.

Requirements

• Bachelor’s degree in finance, accounting, engineering, or related discipline required.
• 10+ years of relevant work experience with increasing impact and responsibility.
• Relevant work experience includes budgeting, forecasting, and financial analysis of O&M, Capital, or full P&L results.
• Strong financial acumen, including in-depth knowledge of financial statement analysis, budgeting/forecasting theory and process, and internal/external reporting functions.
• General knowledge of GAAP and FERC accounting principles.
• Regulated finance experience is a plus.
• Understanding of the State and Federal regulatory framework and ability to translate recommendations into actions to optimize results.
• Demonstrated leadership skills, including ability to lead by example, coach others, provide constructive feedback, build high-performing teams, and empower others.
• Proven ability to develop business partnerships and earn trust across organizations.
• Commitment to role modeling FirstEnergy’s values and behaviors, transparency, continuous learning and improvement.
• Strong verbal and written communication skills.
• Expert analytical skills with a track record of solving complex issues and providing clear, logical, and impactful solutions.
• Technical expertise in Microsoft Office applications, including Excel, PowerPoint, and Word.

Nice To Haves

• Advanced degree is a plus.
• Experience in SAP and UI Planner a plus.

Responsibilities

• Maintain a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry regulations/requirements.
• Lead budgeting, forecasting, analysis, and reporting processes/deliverables for Transmission. This includes, but is not limited to, detailed O&M and capital planning, full P&L ownership, balance sheets, cash flows and credit metrics and coordination across multiple departments, Brookfield and our Joint Venture to ensure plans are executable and meet strategic goals and driving accountability for results.
• Primary interface with key stakeholders on Transmission’s budget, forecast, analysis, and performance, including Utility Leadership, external stakeholders and numerous other departments across the company. This includes establishing a clear connection between Transmission financial plans and performance with FirstEnergy’s, Brookfield’s, and Valley Link’s strategic goals.
• Overseeing reporting requirements of FirstEnergy, the FET board, Brookfield and Valley Link are critical aspect of this role. This includes creation of Board and strategy retreat materials, deep dives of specific topics, scenario planning including long-term forecasts beyond a typical forecast horizon.
• Create and review certain SEC filings and disclosures as they relate to FET as they are an SEC registrant. Additionally, create and review SEC filings and disclosures as they relate to FE as part of the Stand-Alone Transmission reporting segment.
• Assist in certain accounting activities such as invoice approvals and accruals.
• This role also includes support for non-stand-alone transmission (e.g. WV, MD and NJ) activities and certain substation reporting and analysis.
• Build a business partner model and mindset to facilitate communication, increase business knowledge of teams, identify opportunities, mitigate risks, and drive results. This includes full P&L, balance sheet, cash flows and other financial performance accountability; identifying, communicating, and executing strategic insights; and developing and implementing risk mitigation strategies.
• Lead team of analysts responsible for direct support of business partners. Oversee team in day-to-day processes, including cost/project management and compliance activities.
• Provide growth opportunities for analysts to develop well-rounded financial analysis skills and become influential business partners.
• Create and lead a decision support function to provide strategic insights and recommended actions based on thorough analysis and understanding of operations, finance, and regulatory strategies and expectations.
• Educate direct team and across organizations on technical subject matters, providing clear, concise, and actionable learnings.
• Lead the identification, design, and implementation of process improvements.

Benefits

• 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
• skills development training with tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Manager