Analyst Accounting Policy and Controls

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 within FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. The reporting location for this onsite position may be based at any FirstEnergy Service location, including but not limited to Akron, OH; Williamsport, MD; Reading, PA; Greensburg, PA; and Erie, PA. 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-$129,000. The pay range for certain locations, including the state of Maryland, includes a 20% differential to account for an increased cost of living, making the pay range $85,680-$154,800. This position is in the Accounting Policy and Controls organization within the Controller's department. The Controller's Department is focused on staff development and professional growth in an industry dealing with complex and technical business issues. Accounting Policy and Controls serves as a group providing cost settlement and technical accounting configuration guidance and compliance with such guidance for our regulated companies. Our areas of focus are but not limited to: accounting guidance, policies, system configurations, unitization, and controls for Energy Delivery Operations. Areas of expertise include financial cost flows between systems, construction cost policies and procedures, and compliance of Energy Delivery work management functions. The position reports to the Director, Accounting Policy and Controls. Responsibilities include: * Maintaining a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry regulations/requirements * Alignment with FirstEnergy's Core Values and Behaviors as well as priorities of the Controller and Finance organization * Assisting and coordinating monthly, quarterly, and annual financial close entries and processes for Energy Delivery by developing or approving financial journal entries and accruals * Preparation of capitalization and reclassification journal entries such as Rubber Goods, Lineman Essentials, Small Tools, Claims and Make Ready write off entries * Conducting Non-Consumption SD (Sales Distribution) Reserve process on a monthly basis * Conduct Storm Resettlement Process between capital and O&M on a monthly basis as well routine updates to variables within the process * Prepare Blackline reconciliation for related accounts * Support Mutual Assistance Storm accounting process when applicable * Facilitating and maintaining SOX Controls and PPE narratives as well as operating controls around in-servicing * Strategic guidance to regulated operations such as Capital vs O&M determination * Developing and conducting pre-unitization controls on pr