Manager Accounting Policy & Controls - Controllers - Akron General Office Bldg - FIRSTENERGY SERVICE COMPANY
Akron, OH
About the Job
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 the FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. [SC00]
The Manager, Accounting Policy & Control report to the Director, Accounting Policy and Controls. This position is considered mobile and can be based within our five-state service territory (Ohio, Pennsylvania, Maryland, West Virginia, or New Jersey), with travel as needed.
Direct reports to the Manager include analysts of varying skill set/experience, as well as other outside resources as we look at leveraging outside firms to assist in supporting activities.
This group provides guidance of cost settlement and technical accounting configuration of the regulated distribution and transmission companies, including the accounting and settlement of capital project costs in compliance with applicable accounting rules, regulations, and guidance. The Manager, Accounting Policy & Control oversees a department focused on accounting guidance, policies, and controls associated with Energy Delivery Operations. Specifically, projects completed in the lines (wires), substations, generation, and intangible/general segments of FirstEnergy's regulated business. The areas of expertise include financial cost flows between systems, construction cost policies and procedures, and compliance of Energy Delivery work management functions.
Responsibilities:
* Provide strategic guidance to the regulated operations such as determining capital vs. expense policy decisions
* Provide financial insights to project and work spend
* Support financial close and processes for Energy Delivery
* Oversee and monitor work orders to ensure proper accounting treatment
* Lead a team in developing meaningful controls to monitor the appropriateness of charging as well as capital and O&M treatment to support compliance with our accounting policies as well as support the unitization process via our Work Management and Financial systems
* Lead a team in procedure development and adherence related to accounting and accounting related transactions through existing and new system integrations, such as CREWS, CASCADE, OMA, FieldNet, PowerPlan, and SAP
* Partner with the business owners of noted applications to ensure proper cost flow, settlements, and financial interactions occur
* Oversee the process in developing, updating, and communicating accounting policies for Energy Delivery
* Provide training and guidance to Operations staff to help consistent operating practices between Operations and FEU Finance procedures.
* Lead and develop the team with a focus on FirstEnergy's Core Values and Behaviors, as well as other priorities of the Controllers Department and Finance organization
* Support key regulatory filings and reporting, ensuring effective operation of internal controls, collaboration with the General Accounting, Technical Accounting, Property Accounting and Financial Reporting departments
* Supports annual audit inquiries and testing
Qualifications:
* Bachelor's degree in accounting, finance or related discipline required
* Minimum of 7 years relevant work expApply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjA5NTA0LjEwNTA4QGZpcnN0ZW5lcmd5Y29tcC5hcGxpdHJhay5jb20
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 the FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. [SC00]
The Manager, Accounting Policy & Control report to the Director, Accounting Policy and Controls. This position is considered mobile and can be based within our five-state service territory (Ohio, Pennsylvania, Maryland, West Virginia, or New Jersey), with travel as needed.
Direct reports to the Manager include analysts of varying skill set/experience, as well as other outside resources as we look at leveraging outside firms to assist in supporting activities.
This group provides guidance of cost settlement and technical accounting configuration of the regulated distribution and transmission companies, including the accounting and settlement of capital project costs in compliance with applicable accounting rules, regulations, and guidance. The Manager, Accounting Policy & Control oversees a department focused on accounting guidance, policies, and controls associated with Energy Delivery Operations. Specifically, projects completed in the lines (wires), substations, generation, and intangible/general segments of FirstEnergy's regulated business. The areas of expertise include financial cost flows between systems, construction cost policies and procedures, and compliance of Energy Delivery work management functions.
Responsibilities:
* Provide strategic guidance to the regulated operations such as determining capital vs. expense policy decisions
* Provide financial insights to project and work spend
* Support financial close and processes for Energy Delivery
* Oversee and monitor work orders to ensure proper accounting treatment
* Lead a team in developing meaningful controls to monitor the appropriateness of charging as well as capital and O&M treatment to support compliance with our accounting policies as well as support the unitization process via our Work Management and Financial systems
* Lead a team in procedure development and adherence related to accounting and accounting related transactions through existing and new system integrations, such as CREWS, CASCADE, OMA, FieldNet, PowerPlan, and SAP
* Partner with the business owners of noted applications to ensure proper cost flow, settlements, and financial interactions occur
* Oversee the process in developing, updating, and communicating accounting policies for Energy Delivery
* Provide training and guidance to Operations staff to help consistent operating practices between Operations and FEU Finance procedures.
* Lead and develop the team with a focus on FirstEnergy's Core Values and Behaviors, as well as other priorities of the Controllers Department and Finance organization
* Support key regulatory filings and reporting, ensuring effective operation of internal controls, collaboration with the General Accounting, Technical Accounting, Property Accounting and Financial Reporting departments
* Supports annual audit inquiries and testing
Qualifications:
* Bachelor's degree in accounting, finance or related discipline required
* Minimum of 7 years relevant work expApply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjA5NTA0LjEwNTA4QGZpcnN0ZW5lcmd5Y29tcC5hcGxpdHJhay5jb20
Source : FIRSTENERGY SERVICE COMPANY