Business Analyst - Cost Collector -Multiple FE Locations

Business Analyst

• Cost Collector
• Multiple FE Locations at FirstEnergy Corp Business Analyst
• Cost Collector
• Multiple FE Locations at FirstEnergy Corp in Holmdel, New Jersey Posted in 10 days ago. $59,925.00
• $109,200.

00 per year

Job Description:

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]. 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 $59,925

• $109,200. 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 $71,910
• $131,040.
• Work location will be determined based on business needs and the selected candidate
• The Business Analyst position in Transmission Portfolio Management is responsible for the creation of project master data in SAP (work orders and WBS's) as requested from Transmission Portfolio Development or other business entities.

This requires an in-depth understanding of FERC accounting, SAP cost flows, the concepts of: FE Operating Companies, Distribution vs. Transmission, Lines vs. Substations, capital vs removal vs. O&M, and the ability to determine asset ownership. The position also requires an understanding of various systems (SAP, PowerPlan, CREWS, Cascade, OPPM, etc.) to determine the correct attributes. The position will work closely with the FET Forecasting group in support of project forecasting and budgeting. This position also supports the Transmission Project Managers with project accounting and participates in accounting related activities such as determining CIAC, developing journal entries, and project close-out.

Responsibilities include:

Demonstrate commitment to the FirstEnergy Core Values and Behaviors Ensure the accounting compliance of Transmission cost collectors Create Transmission project WBS's and work orders in SAP Determine correct asset ownership and incorporate in the development of the project accounting Determine correct project accounting settlement rules relating to Operating Companies, Voltage, Capital, Removal, O&M of project accounting Support the FET forecasting group with project accounting issues, CIAC (make the necessary system entries to ensure accurate posting), and create journal entries as needed Support the Transmission Portfolio Development and Program Delivery groups by creating project WBS's and work orders in SAP for projects approved in the Transmission Portfolio Ensure that the correct WBS's and work orders are mapped to the appropriate project RPA Run master data queries; ensure the integrity of the Master Data in SAP and PowerPlan is accurate; make the necessary modifications as required Support ad hoc research of WBS's and work orders Collaborate with the Transmission Business Services Group Support of storm activities Travel may be required at times across the FirstEnergy system

Qualifications Include:

Two or Four Year degree in business, Finance, Accounting, Economics or related discipline is required with a minimum 2 years work experience. In lieu of a degree, minimum 4 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. Excellent interpersonal skills, strong written and verbal communication skills Professional work experience including financial analysis, accounting, financial reporting Utility accounting experience preferred Proficient with Microsoft Office tools including Excel, PowerPoint, Word, Access Demonstrated working knowledge of FE specific systems such as SAP, PowerPlan, CREWS, OPPM, Transmission GIS, Toad Data Point, UI Planner is preferred Utility accounting experience preferred Knowledge of FERC accounting is 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.