Supervisor Financial Controls

FirstEnergy

Akron (OH)

On-site

USD 111,350 - 157,200

Full time

14 days+

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Job summary

FirstEnergy is seeking a Supervisor, Financial Controls to lead a growing team responsible for Transmission project accounting master data, WBS elements, and work orders in SAP. You will ensure proper application of FERC accounting requirements, SOX controls, and internal procedures while coordinating with various stakeholders.

The role includes supervising analysts and contractors, ensuring accuracy and timeliness, and driving process improvements in cost collectors, settlements, and project

Qualifications

  • Bachelor's degree in accounting, finance, business, economics or related discipline preferred or equivalent work experience.
  • Minimum of 5 years relevant experience required.
  • Prior leadership or project lead experience is preferred.
  • Strong working knowledge of accounting principles, internal controls, financial reporting, and project accounting concepts.
  • Knowledge of FERC accounting requirements is strongly preferred.
  • Utility accounting experience is preferred.
  • Experience with SOX controls, audit support, compliance inquiries, or internal control documentation is preferred.

Responsibilities

  • Supervise analysts and contractors responsible for Transmission project accounting master data and related financial control activities.
  • Oversee timely and accurate creation of WBS elements and work orders in SAP.
  • Ensure accounting compliance of Transmission cost collectors with FERC, internal policies, and SOX controls.
  • Serve as primary coordinator for SOX inquiries related to Transmission projects.
  • Research FERC requirements, asset ownership, cost flows, and project accounting attributes.
  • Collaborate withFinance, Project Controls, Forecasting, and Program Delivery to ensure proper accounting treatment.

Skills

Leadership
Analytical
Communication
Prioritization
SOX controls

Education

Bachelor's degree in related field

Tools

SAP
PowerPlan
CREWS
OPPM
Cascade
Toad Data Point

Job description

Job Description

Job Title: Supervisor, Financial Controls – Multiple Locations

FirstEnergy

About The Opportunity

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

Work location

Work location will be determined based on business needs and the selected candidate.

The Supervisor, Financial Controls position in Construction & Design Services Program Support is responsible for leading the team that creates and maintains Transmission project accounting master data, including WBS elements and work orders in SAP. This position will support E365, Program Delivery, Transmission Portfolio Development, and other business partners by ensuring project cost collectors are created accurately, timely, and in accordance with applicable FERC accounting requirements, internal policies, SOX controls, and business procedures.

This position will supervise analysts and contractors responsible for Transmission cost collector creation, project accounting support, master data integrity, and ad hoc accounting research. The Supervisor will provide leadership, training, prioritization, quality review, and process oversight for a growing team that currently supports increasing Program Delivery requirements and expanding Transmission Portfolio demands. This role will also serve as a key point of contact for SOX inquiries related to Transmission-owned projects and will partner with Accounting, Project Controls, Program Delivery, Forecasting, and other stakeholders to ensure appropriate accounting treatment is applied.

Responsibilities Include
  • Demonstrate commitment to the FirstEnergy Core Values and Behaviors.
  • Supervise, coach, and develop a team of analysts and contractors responsible for Transmission project accounting master data, WBS creation, work order creation, and related financial control activities.
  • Oversee the timely and accurate creation of Transmission project WBS elements and work orders in SAP to support E365, Program Delivery, Transmission Portfolio Development, and other business needs.
  • Ensure accounting compliance of Transmission cost collectors, including proper application of FERC accounting requirements, internal accounting policies, SOX controls, and established business procedures.
  • Serve as the primary point of coordination for SOX inquiries related to Transmission-owned projects, including researching questions, gathering support, preparing responses, and ensuring timely resolution.
  • Research FERC requirements, internal policies, asset ownership, cost flows, settlement rules, and project accounting attributes to ensure the appropriate accounting principles are applied.
  • Review and provide guidance on accounting determinations related to Operating Companies, Transmission vs. Distribution, Lines vs. Substations, voltage levels, capital, removal, O&M, CIAC, and other project accounting considerations.
  • Ensure correct project accounting settlement rules are applied and maintained for Transmission projects.
  • Support the FET Forecasting group, Project Controls, Program Delivery, and Accounting with project accounting questions, cost collector issues, CIAC activity, journal entry support, and project close-out activities.
  • Establish and maintain quality control procedures to ensure the integrity of master data in SAP, PowerPlan, and other systems used to support Transmission project accounting.
  • Monitor workload, establish priorities, assign work, and ensure the team can support growth in Program Delivery and increasing Transmission Portfolio requirements.
  • Identify and implement process improvements, automation opportunities, reporting enhancements, and standard work practices related to project accounting, financial controls, and master data governance.
  • Partner with cross-functional stakeholders to resolve accounting questions, support audit requests, and improve consistency in cost collector creation and project financial controls.
  • Ensure appropriate documentation is maintained to support SOX compliance, accounting decisions, and internal control requirements.
  • Support ad hoc research of WBS elements, work orders, accounting attributes, project cost flows, and historical accounting decisions.
  • Collaborate with FET Finance, Program Delivery, Project Controls, Forecasting, Accounting, and other business partners.
  • Support storm activities as needed.
Qualifications Include
  • Bachelor’s degree in Accounting, Finance, Business, Economics or related discipline preferred or equivalent work experience. Advanced degree is preferred.
  • A minimum of 5 years relevant experience required.
  • Prior leadership, supervisory, team lead, or project lead experience is preferred.
  • Strong working knowledge of accounting principles, internal controls, financial reporting, and project accounting concepts.
  • Knowledge of FERC accounting requirements is strongly preferred.
  • Utility accounting experience is preferred.
  • Experience with SOX controls, audit support, compliance inquiries, or internal control documentation is preferred.
  • Demonstrated ability to research complex accounting questions, interpret policies, apply judgment, and communicate recommendations clearly.
  • Strong understanding of Transmission project accounting concepts, including WBS elements, work orders, settlement rules, cost flows, asset ownership, capital, removal, O&M, CIAC, and project close-out activities.
  • Working knowledge of FE-specific systems such as SAP, PowerPlan, CREWS, OPPM, Cascade, Transmission GIS, Toad Data Point, or related systems is preferred.
  • Proficient with Microsoft Office tools, including Excel, PowerPoint, Word, and Access.
  • Strong analytical, organizational, problem-solving, and decision-making skills.
  • Excellent interpersonal skills, with strong written and verbal communication skills.
  • Ability to lead in a fast-paced environment, balance competing priorities, and support a growing team with increasing workload requirements.
  • Ability to build effective working relationships across departments, including Program Delivery, Project Controls, Forecasting, Accounting, and Transmission Business Services.
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 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, maintain an accident-free, injury-free workplace, and promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards.

Pay Information

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 $111,350 - $157,200. The pay range for certain locations, including the state of New Jersey, include a 20% differential to account for an increased cost of living, making the pay range $133,620-$188,640.

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