Business Analyst
FirstEnergy Corp

JOB DESCRIPTION

FirstEnergy at a Glance

We 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 Opportunity

This is an open position with FirstEnergy Service Co., a subsidiary of FirstEnergy Corp. [FEU].

The Asset Management Support organization provides support to the Asset and Records Control and Power Delivery departments. It is responsible for Transmission Reliability data, metrics and reporting, initiative planning and budget tracking. The team identifies current and future challenges to transmission system reliability as well as coordinating and championing activities to continuously improve reliability. Report transmission performance data to North American Electric Regulatory Corporation (NERC) and North American Transmission Forum (NATF).

This position is responsible for supporting the initiatives that are represented in the annual transmission construction program (~30-50 million/annually) with detailed financial forecasting of the current year, five-year, and ten-year initiatives at the program and specific levels. The monthly forecasting cycle requires working with project managers to ensure the project forecasts are properly reflected in FirstEnergy in Budget/Forecast systems, ensuring that project accruals are correctly calculated and submitted to Corporate Finance, and projects are in-serviced in a timely manner. Analysts will work closely with the project managers/project leads in preparation of monthly meetings, the Financial Review and Accrual Review. The forecast is managed in both the Direct view and the Settled views.

This position is considered hybrid with weekly reporting in-person commitments to Akron, Ohio.
Responsibilities include:

• Coordinate with Transmission Portfolio team on the department 10-year budget and current year annual/monthly forecasts.
• Analyzing expenditures and recommending budget adjustments. Performing estimate to project actuals analysis.
• Participating in planning, prioritizing, tracking, and reporting major projects using the SAP Work Management System.
• Ensure budget tracking against Purchase Orders or Contracts.
• Program management support for obsolesce, and online monitoring that includes budgeting, forecasting, and tracking status.
• Initiate RPA's for program work or spare equipment.
• Department Material management support.
• Present monthly financials to leadership
• Support round materials.
• Providing analytical support to the portfolio development and financial group.
• Provide variance analysis and explanations for projects.
• Prepare journal entries for monthly accruals and any correcting entries as required.
• Track progress and provide forecast of in-servicing plan.
• Understanding business strategies, goals, and requirements
• Identifying and prioritizing the organization's functional and technical needs and requirements
• Forecasting, budgeting, and performing both variance analysis and financial analysis.
• Building respectful and effective working relationships with key stakeholders in multiple business units to work collaboratively on various requests and initiatives
• Create, maintain and close-out WBS numbers for proposed/approved O&M cost tracking centers and projects.
• Utilize project management skills for tracking and monitoring Asset Information projects.
• Interface between budget and reporting tools to support management tracking, reporting and decision-making (QlikView, OPPM Data Base, SAP, PowerPlan, UI Planner, etc.).
• Familiarity of transmission substation equipment and related attributes.
• Familiarity with Cascade substation systems.
• Working knowledge of querying tools (i.e. Hyperion, Toad) is a plus.
• Familiarity with SAP cost collectors (Orders, WBS and Cost Centers).
• Building relationships and credibility across the organization.
• Facilitate meetings and workshops to drive continuous improvement for meeting Transmission strategic initiatives.
• Promoting a Team environment to support reaching goals and meeting deadlines.
• Conducting business specific research ad hoc data analysis, interpreting results, and communicating findings.
• Contributing to solutions by taking the initiative to develop alternatives and recommendations.
• Learning and exercising sound decision making and developing alternatives and recommendations to improve work processes.
• Delivering quality and accurate work within established deadlines.
• Contributing to solutions by taking the initiative in developing alternatives and recommendations.
• Actively seeking ways to build, challenge, and add value within scope of assignments.
• Providing storm support, as needed, including off-hours, weekends, and holidays.
• Travel may be required at times across the FirstEnergy system.

Qualifications include:

• Two to four-year degree in Management, Business Administration, Finance, Computer Science, or related discipline is preferred, along with a minimum of 4 years related work experience required.
• In lieu of a degree, 7 years of related work experience will be required.
• Relevant experience includes identifying and acting on process improvements, analyzing, and projecting required work, monitoring requirements to completion, data reporting, analysis, costing and recommendations, and an in-depth understanding of the relevant subject matter.
• Experience in Structured Query Language (SQL) preferred.
• Experience with work management processes of related systems in TAMI, PowerPlan, SAP, ITOA, Energy Management System (EMS), FileNet (Content Navigator), Oracle Primavera Portfolio Management OPPM), and Request for Project Authorization (RPA) preferred. Additional training of these systems will be trained as needed.
• Highly proficient with Microsoft Office tools, including Excel, Access, PowerPoint, and Word.
• Ability to drive and manage simultaneous projects and tasks to completion within established deadlines and with a high degree of quality, accuracy, and reliability.
• Project Management experience preferred.
• Demonstrate a questioning attitude to continue to learn, produce results, and strengthen existing relationships.
• Ability to model active learning through continuing to develop breadth of knowledge, skills, and perspective.
• Ability to develop effective working relationships with employees at all levels of FirstEnergy Corp.
• Deliver quality, accurate work within established deadlines.
• Superior written and verbal communication skills; Ability to effectively present complex subject matter to all levels of management.
• Business and financial acumen including the ability interpret and understand various financial reporting.
• Excellent interpersonal skills, strong written and verbal communication skills and strong analytical ability are required.
• Successful candidate must be a team player and possess a willingness to work in a team environment with an ability to work cross functionally.

Benefits, Compensation & Workforce Diversity

At 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 www.firstenergycorp.com to learn more about all of 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 at this time.

Safety

Safety is a core value for FirstEnergy and is essential to all of 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.

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