Associate Business Analyst

FirstEnergy; Reading (Berks County); On-site; USD 71,400 - 124,200; Full time

Benefits offered by this job

401(k) savings plan with matching employer contribution

Medical and dental insurance

Tuition reimbursement

Job summary

FirstEnergy is seeking a financial analyst in Reading, PA, to support their Transmission portfolio. The role involves analyzing expenditures, tracking projects using SAP, and preparing financial forecasts. Candidates should have a Bachelor’s degree along with strong skills in financial analysis and collaboration. The estimated pay for this role ranges from $71,400 to $124,200, varying based on location and experience. Join FirstEnergy to contribute to their commitment to safety and integrity.

Qualifications

• Minimum of 4 years related experience or 7 years in lieu of a degree.
• Proficiency in Microsoft Office tools.
• Strong interpersonal skills and teamwork.

Responsibilities

• Analyze expenditures and recommend forecast adjustments.
• Participate in planning and tracking major projects using SAP.
• Prepare journal entries for monthly accruals.

Skills

Microsoft Office Suite

Financial analysis

Teamwork

Analytical abilities

Communication skills

Education

Bachelor’s degree in business, Finance, Accounting, Economics or related discipline

Tools

SAP

Ecosys

Unifier

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].

This position is responsible for supporting the Transmission portfolio ($2+B per year) with detailed financial forecasting of the current year and the five‑year at the project level. The monthly forecasting cycle includes working with the Project Managers to ensure the project forecasts are entered correctly into the forecasting systems (Unifier/Ecosys), 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 5‑6 Project Managers in preparation of 2 monthly meetings, the Financial Review and Accrual Review. The forecast is managed in both the Direct view and the Settled view. This position can be located at any of the FE major hubs.

Responsibilities

• Analyzing expenditures and recommending forecast adjustments.
• Participating in planning, prioritizing, tracking, and reporting major projects using the SAP Work Management System.
• Ensure budget tracking against Purchase Orders or Contracts.
• Provide variance analysis and explanations for projects.
• Preparing journal entries for monthly accruals and any correcting entries as required.
• Track progress and provide forecast of in‑service plan.
• Understand the Contribution in Aid of Construction (CIAC)/Sales Distribution billing process to make sure CIAC is properly reflected against projects.
• Meeting customer needs by providing sound service and responsiveness.
• Building relationships and credibility across the organization.
• Supporting storm activities as needed.
• Promoting a Team environment to support reaching goals and meeting deadlines.
• Conducting business‑specific research and ad‑hoc data analysis.
• Contributing to solutions by taking the initiative to develop alternatives and recommendations.
• Extracting and manipulating data using query tools for various databases and systems.
• Assisting in the training efforts with new team members.
• Learning and exercising sound decision making and developing alternatives and recommendations to improve work processes.
• Performing assigned job duties with little or no supervision.

Additional Responsibilities for Advanced/Senior Roles

• Serve as a technical expert.
• Promote a sense of urgency in the team for reaching goals and meeting deadlines.

Qualifications

• Bachelor’s degree in business, Finance, Accounting, Economics or related discipline is required with a minimum of 4 years related experience. Advanced degree a plus. In lieu of a degree, 7 years of related experience is required. Relevant work experience including financial analysis, accounting, and financial reporting required. The experience must include a general understanding of the subject matter.
• High proficiency with Microsoft Office tools including Excel, PowerPoint, Word.
• Strong teamwork and interpersonal skills.
• Excellent analytical abilities involving moderately complex problems; exercise sound judgment.
• High proficiency in Excel, PowerPoint, Word, SAP, Ecosys, Unifier, CREWS, OPPM, PlannerDash, and PowerPlan.
• Works safely according to company policies and procedures.
• Deliver quality, accurate work within established deadlines.
• Strong written and oral communications skills.
• Demonstrate a solid commitment to the FirstEnergy Core Values and Behaviors and all aspects of safety.
• Highly motivated; experience working independently with a high level of productivity.
• Travel may be required at times across the FirstEnergy system.

Benefits, Compensation & Workforce Diversity

FirstEnergy takes a market‑based approach to pay, which may vary depending on your location. In addition, your actual base salary will depend on various factors such as your skills, qualifications, and experience. The estimated pay range for this role is $71,400–$124,200. For certain locations, including the state of New Jersey, the pay range includes a 20% differential to account for an increased cost of living, making the pay range $85,680–$149,040.

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.

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.