FirstEnergy Corp

Executive Compensation Representative

FirstEnergy Corp • $80K — $110K *
Greensburg, PA 15601In-Person
Finance & Insurance
Less than 5 years of experience
Yesterday
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Audit, or related field; or 7+ years relevant experience without a degree.
  • 4-10 years of relevant work experience depending on level.
  • Proficient with Microsoft Excel, PowerPoint, and Word, particularly Excel for analytics.
  • Strong analytical skills to identify challenges, develop solutions, and make recommendations.
  • Effective written and oral communication skills, tailored to different audiences.
  • CCP or CECP certification and knowledge of Code Sections 162(m), 409A, and 280G preferred.

Responsibilities

  • Administer equity award programs under the Long-Term Incentive Program (LTIP).
  • Manage the Executive Deferred Compensation Plan (EDCP) and related policies.
  • Prepare materials for the Compensation Committee of the Board of Directors.
  • Compile data for retirements, including external financial requests.
  • Consult with business units on executive compensation practices.
  • Create and deliver compensation-related presentations to executives.
  • Lead analysis of compensation trends and benchmark against the market.

Benefits

  • Opportunities for professional development and continuous learning.
  • Potential for flexible working arrangements.
  • Engagement in high-impact projects with senior leadership.
  • Exposure to executive compensation strategies in a reputable organization.
Full Job Description
Job Description

The position is in Human Resources within the Executive Compensation group and reports to the Manager, Executive Compensation & Retirement Programs. It may be located at the Corporate Headquarters in Akron, Ohio, Greensburg, Pennsylvania or Reading, Pennsylvania. The position is responsible for performing various business-related activities to support the Executive Compensation department. The Executive Compensation team is responsible for designing and providing competitive base pay and incentive programs in order to attract, motivate, retain and reward executives aligned with the compensation philosophy and help drive the Company's success. This position partners with the business units to ensure that programs support their objectives by helping to attract and retain key and critical talent.

Responsibilities include:

  • Supports the administration of equity award programs (performance- and time-based RSU and RSA) under FirstEnergy's Long-Term Incentive Program (LTIP)
  • Supports the Executive Deferred Compensation Plan (EDCP), including the plan administration, policies and guidelines for deferrals of base salary, FirstEnergy's Short-Term Incentive Program (STIP), and FirstEnergy's LTIP
  • Supports the development, design and preparation of materials for the FirstEnergy's Compensation Committee of the Board of Directors
  • Supports the preparation of the annual proxy statement (Compensation Discussion & Analysis and related SEC tables)
  • Compiles data in preparation for retirements (projections and actual retirements), including data requests from external financial providers
  • Reviews and supports calls from current and former employees with questions on the executive compensation programs, beneficiary changes and/or account distributions
  • Consulting with business unit leaders on executive compensation practices and processes
  • Preparing and delivering compensation-related presentations to executives within the company
  • Providing project management and analytical support in key executive compensation special projects
  • Preparing various ad-hoc reports and statistics for the company's compensation programs and initiatives, which may include performing complex reporting and analysis functions
  • Monitoring and conducting research on executive compensation trends, including proxy analysis
  • Ability to lead the analysis of executive compensation and benefit surveys to ensure competitiveness with the external market
  • Serving as a thought leader in the group
  • Recommending process improvements as well as recommending and implementing solutions to more complex compensation issues to drive change across the organization
  • Working knowledge of the administration of equity award programs under Fidelity is a plus
  • Working knowledge or familiarity of Code Section 409A is a plus

Qualifications at the HR Rep III level include:
  • Bachelor's degree in Accounting, Finance, Audit, or related discipline with a minimum of 4 to 7 years relevant work experience or, in lieu of a degree, a minimum of 7 years of relevant work experience. Relevant work experience will include the demonstrated ability to:
    • Demonstrated proficiency in job skills required to perform in defined business role.
    • Applies understanding by generalizing conceptual knowledge to determine ways to solve routine challenges.
    • Effectively influences and exercises independent judgment on basic projects and assignments and starts to recognize greater implication to unrelated business operations and/or processes.
    • Requires a lesser degree of management oversight.
  • Proficient written and oral communication skills with the ability to tailor messaging and effectively and concisely communicate concepts.
  • Proficient knowledge/use of Microsoft Office tools including Excel (high degree desired), PowerPoint, and Word.
  • Proficient analytical and quantitative skills with demonstrated ability to proactively identify challenges or roadblocks, gather and analyze relevant information while furthering understanding of the topic/issue, develop solutions, and present recommendations.
  • Proficient knowledge of section operations and fundamental knowledge of department operations.
  • Proficient work management skills; ability to independently organize, manage and prioritize multiple work assignments.
  • Demonstrates proficiency in working with management and peers internal and external of the department. Ability to support established relationships and interface with external parties while maintaining core business objectives.
  • CCP or CECP certification preferred
  • Understand the connections between the various areas in HR.
  • Demonstrated ability working closely with executives is a plus, but not required
  • Experience with Code Sections 162(m), 409A and 280G as well as Accounting for Share-based Payments (ASC718) is a plus, but not required
  • Willingness to work extended hours in first quarter and as required

Qualifications at the HR Rep IV level include:
  • Bachelor's degree in Accounting, Finance, Audit, or related discipline and minimum of 7-10 years relevant work experience required or, in lieu of Bachelor's degree, a minimum 10 years relevant work experience required. Relevant work experience will include the demonstrated ability to:
    • Career level individual exhibiting full level competency.
    • Recommends and implements solutions to complex issues and assignments and develops process improvements and efficiencies aligned with the big picture.
    • Effectively manages projects with a sense of ownership and thoroughness.
    • Possesses strong skills and knowledge, provides leadership on initiatives and projects, and is viewed as an informal leader to peers.
    • Ability to perform in an independent manner with minimal oversight of supervision.
  • Advanced written and oral communication skills with the ability to effectively tailor messaging and communicate complex concepts.
  • Advanced knowledge/use of Microsoft Office tools including Excel (high degree desired), PowerPoint, and Word.
  • Advanced analytical and quantitative skills with demonstrated ability to proactively identify complex challenges or roadblocks, gather and analyze relevant information while furthering understanding of the topic/issue, develop solutions, make results-driven recommendations, interpret results, and improve solutions.
  • Advanced knowledge of section operations and proficient knowledge of department operations.
  • Advanced work management skills; expert organizational skills and the ability to manage and prioritize multiple work assignments. Ability to assume additional responsibilities and stretch workload capacity without affecting quality of work or customer service.
  • Demonstrates advanced ability to work with management and peers internal and external of the business unit; provides mentoring and onboarding. Ability to develop mutually beneficial relationships and interface with external parties. Communicates with and effectively supports Company leadership, at all levels of the organization.
  • CCP or CECP certification preferred
  • Understand the connections between the various areas in HR.
  • Demonstrated ability working closely with executives is a plus, but not required
  • Experience with Code Sections 162(m), 409A and 280G as well as Accounting for Share-based Payments (ASC718) is a plus, but not required
  • Willingness to work extended hours in first quarter and as required


About the Opportunity

This is an open position with FirstEnergy Service Co., a subsidiary of FirstEnergy Corp. [SC00

Position Classification

Exempt

FirstEnergy Human Resources Team

FirstEnergyHumanResourcesTeam

About FirstEnergy Corp

FirstEnergy is a diversified energy company headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, as well as energy management and other energy-related services. Its seven electric utility operating companies comprise the nation's fifth largest investor-owned electric system, serving 4.5 million customers within 36,100 square miles of Ohio, Pennsylvania and New Jersey; and its generation subsidiaries control more than 14,000 megawatts of capacity. Our Corporate Vision is to become a leading regional energy provider.

FirstEnergy Corp Careers

Join the dynamic team at FirstEnergy Corp, a leading energy company where innovation, leadership, and diversity are valued. As one of the most prominent energy providers, we offer unparalleled job opportunities that empower you to shape the future of energy.

Work You’ll Do

At FirstEnergy Corp, we are committed to enhancing the quality of life through sustainable practices and smart energy solutions. Our team is at the forefront of the energy sector, driving growth and transformation in an ever-evolving industry. By joining us, you will collaborate with skilled professionals dedicated to pioneering advancements in energy technology.

Explore a World of Opportunities

Whether you're seeking an entry-level position or a more senior role, FirstEnergy Corp provides a platform for professional growth and career advancement. Our diverse range of job opportunities in engineering, customer service, IT, and business management positions us as an ideal employer for ambitious candidates ready to make a significant impact.

Internship Programs

Kickstart your career with FirstEnergy Corp’s internship programs. These opportunities are designed to give you hands-on experience and insights into the energy sector, enhancing your skills and preparing you for future employment. Interns at FirstEnergy Corp gain valuable industry knowledge and practical skills, making them well-prepared for full-time roles within our company.

Culture and Benefits

FirstEnergy Corp is dedicated to fostering a workplace culture that embraces diversity and inclusion. We believe in providing our employees with a supportive environment where everyone can thrive. Our benefits package is comprehensive, including health, retirement plans, and continuous diversity training to ensure every team member can achieve their personal and professional goals.

Professional Development and Networking

We encourage continuous learning and development through a variety of training programs and leadership workshops. FirstEnergy Corp is committed to the professional growth of our employees, offering development programs that cater to enhancing leadership skills and expanding professional networks. Networking within the company and industry is supported and encouraged through various events and initiatives, helping you build valuable connections that can advance your career.

Join Our Team

Are you ready to make a difference? Search open positions that match your skills and interests on our Careers page. We are looking for passionate, curious, and innovative team players who are eager to drive change and excel in their careers. Prepare your resume, sharpen your interview skills, and get ready to join a company that values vision and hard work.

Stay Connected

Keep up to date with the latest news, insider perspectives, and career tips from FirstEnergy Corp. Subscribe to our job alert emails and never miss an opportunity to grow and excel with us. Explore the possibilities today and discover how you can contribute to the future of energy at FirstEnergy Corp. Join us in powering the future!

SEARCH FIRSTENERGY JOBS

Learn more about FirstEnergy Corp
Size
12,395 employees
Market Cap
$23.8 billion
Industry
Energy & Utilities
Net Income
$1 billion
Founded
1997
5 Year Trend
+0.8%
Revenue
$10.7 billion
NASDAQ
FE
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at FirstEnergy Corp

More Finance & Insurance Jobs

Find similar Executive Compensation Representative jobs:

NationwideGreensburg, PA