Business Analyst - Fuels & Generation Commercial Operations

FirstEnergy

Akron (OH)

On-site

USD 65,000 - 85,000

Full time

14 days+

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Benefits offered by this job

Company-sponsored pension plan

401(k) savings plan with matching contribution

Skills development training with tuition reimbursement

Job summary

A leading electric utility company in Akron, OH is seeking a Business Analyst for Fuels & Generation Commercial Operations. The role involves developing revenue forecasts, performing financial analyses, and supporting regulatory filings. Candidates should have a Bachelor's degree in Engineering, Accounting, Finance, or Business, along with strong analytical skills and proficiency in Microsoft Office. This full-time position offers competitive compensation and is on-site.

Qualifications

Minimum 4 years professional work experience required; 7 years relevant work experience in lieu of degree.
Competence with statistical analysis and high degree of analytical skill.
In-depth knowledge of PJM market operations preferred.

Responsibilities

Develop generation capacity and ancillary revenue forecasts.
Perform financial analysis and evaluation on PJM markets.
Support for various regulatory filings and data requests.

Skills

Statistical analysis

Analytical skills

Communication skills

Microsoft Excel

Financial analysis

PJM market knowledge

Education

Bachelor's degree in Engineering, Accounting, Finance, or Business

Tools

Microsoft Office Suite

PJM eSuite

Job description

Business Analyst - Fuels & Generation Commercial Operations

Join to apply for the Business Analyst - Fuels & Generation Commercial Operations role at FirstEnergy

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 Company, a subsidiary of FirstEnergy Corp. Generation Commercial Operations is responsible for overall commercial strategy to optimize the revenue for the generation fleet. Generation Commercial Operations has responsibility for representing the stations from both an operational, technical, and strategic standpoint with the West Virginal Public Service Commission and other regulatory bodies. This position reports to the Manager, Generation Commercial Operations.

This role is an onsite position and can be sited at our Akron, OH or Greensburg, PA location.

Responsibilities

Develop generation capacity and ancillary revenue forecasts.
Perform variance analysis on the revenue forecast.
Develop fuels and reagent expenses forecast.
Perform financial analysis and evaluation on PJM markets proposed changes as it pertains to the generation fleet.
Perform financial and performance analysis to maximize regulated generation revenue.
Provide support for various regulatory filings and data requests.
Provide support to the Day Ahead Desk daily generation offer submissions into the PJM energy market (backup).
Provide support on PJM capacity and energy market rules generation offer submissions into the PJM capacity market.
Pre-auction activities for the capacity market.
Software technology support.
Develop and maintain database and spreadsheet models.
Develop and maintain reporting templates.

Qualifications

Bachelor's degree in Engineering, Accounting, Finance, or Business required.
Minimum 4 years professional work experience required. In lieu of degree, 7 years relevant, direct work experience will be required.
Competence with statistical analysis, mathematics and technical concepts and high degree of analytical skill; 5+ years of experience.
In-depth knowledge of PJM market operations preferred.
In-depth knowledge of energy and capacity market dynamics preferred.
General knowledge of fossil plant operations.
General knowledge of budget preparation and analysis.
Proficient with Microsoft Office tools, including Excel, PowerPoint, Access and Word.
Ability to analyze and present complex data sets; deliver quality, accurate work within established deadlines.
Excellent written and oral communication skills; excellent time management skills.
Proficiency with PJM eSuite - preferred.

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.

Position Classification
Exempt

FirstEnergy Human Resources

Seniority level