Analyst Accounting Policy and Controls
First Energy
FirstEnergy at a GlanceWe 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. FirstEnergy (NYSE: FE) is dedicated to integrity, safety, reliability, and operational excellence. Headquartered in Akron, Ohio, FirstEnergy 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. About the OpportunityThis is an open position within FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. The reporting location for this onsite position may be based at any FirstEnergy 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. Responsibilities include:Maintaining a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry regulations/requirementsAlignment with FirstEnergy’s Core Values and Behaviors as well as priorities of the Controller and Finance organizationAssisting and coordinating monthly, quarterly, and annual financial close entries and processes for Energy Delivery by developing or approving financial journal entries and accrualsPreparation of capitalization and reclassification journal entries such as Rubber Goods, Lineman Essentials, Small Tools, Claims and Make Ready write off entriesConducting Non-Consumption SD (Sales Distribution) Reserve process on a monthly basisConduct Storm Resettlement Process between capital and O&M on a monthly basis as well routine updates to variables within the processPrepare Blackline reconciliation for related accountsSupport Mutual Assistance Storm accounting process when applicableFacilitating and maintaining SOX Controls and PPE narratives as well as operating controls around in-servicingStrategic guidance to regulated operations such as Capital vs O&M determinationDeveloping and conducting pre-unitization controls on projects and work ordersSupports annual audit inquiries and testingProcedure development and adherence related to accounting transactions through existing and new system integrations, such as CREWS, CASCADE, OMA, FieldNet, PowerPlan, and SAPSupport regulatory filings and reportingEnsuring effective operation of internal controls through collaboration with General Accounting, Technical Accounting, Property Accounting, and Financial Reporting departmentsPerforming financial analysis, evaluations and providing ad-hoc support as necessaryExtracting and manipulating data using query tools for various databases and systemsLearning and exercising sound decision making and developing alternatives and recommendations to improve work processesConsistently anticipating and delivering against a defined action planConducting business-specific research, analyzing data, interpreting results and assisting with implementation activitiesQualifications:Bachelor’s degree in Business, Finance, Accounting, Economics, or related discipline is required. Advanced degree a plus.Minimum 7 years’ related work experience is requiredRelevant 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 analysisProficient with Microsoft Office applications (Excel, PowerPoint, Access and Word)Demonstrate a questioning attitude to learn, produce results and develop relationshipsDesire to learn, grow, and work across FirstEnergy and deliver resultsExcellent analytical abilitiesDevelop effective working relationships with employees at all levelsAbility to deliver quality, accurate work within established deadlinesExcellent written and oral communication and time management skillsExcellent time management skillsProficient with SAP, Qlikview and PowerBI applications & a willingness and ability to evolve to an expert levelFamiliarity with GAAP and FERC accounting/reportingFamiliarity with SAP, PowerPlan, CREWS, CASCADE, and other work management systems preferredFamiliarity with SAP cost flows and cost collectors (Orders, WBS, Cost Centers) and FEU work management process and procedures preferredBenefits, Compensation & Workforce DiversityAt FirstEnergy, employees are key to our success. We depend on their talents to meet the challenges of our changing business environment. We are committed to rewarding individual and team efforts through our total rewards philosophy which includes 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, as well as skills development training with tuition reimbursement. Please visit our website at to learn more about all our employee rewards programs. FirstEnergy proudly supports workforce diversity. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. No recruiters or agencies without a previously signed contract. Unable to sponsor or transfer H-1B visas currently. SafetySafety is a core value for FirstEnergy and is essential to all our business activities. We ensure employees have the tools, information, and processes to perform their duties in a manner that assures safety for themselves, their co-workers, our customers and the public. Our goals are to provide a safe work environment, to maintain an accident-free, injury-free workplace, and to promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards. Full timePosting Date: 2026-08-27
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