FirstEnergy Corp

Supervisor Financial Controls

FirstEnergy Corp$111K — $157K *
Akron, OH 44312In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business, Economics or related discipline preferred; advanced degree favored.
  • Minimum of 5 years relevant experience required.
  • Prior leadership, supervisory, or team lead experience is preferred.
  • Strong working knowledge of accounting principles and financial reporting.
  • Familiarity with FERC accounting requirements strongly preferred.
  • Utility accounting experience is advantageous.
  • Experience with SOX controls and internal control documentation is preferred.
  • Proficient with Microsoft Office tools, especially Excel.

Responsibilities

  • Supervise and develop a team of analysts and contractors in project accounting.
  • Oversee timely creation of project WBS elements and work orders in SAP.
  • Ensure compliance with FERC accounting requirements and internal policies.
  • Coordinate SOX inquiries related to Transmission-owned projects and support audit requests.
  • Research and interpret complex accounting principles and project-related attributes.
  • Establish quality control procedures for master data integrity in relevant systems.
  • Identify and implement process improvements and reporting enhancements.

Benefits

  • Competitive pay plus incentive compensation.
  • Company-sponsored pension plan and 401(k) with matching contributions.
  • Choice of medical, prescription drug, dental, vision, and life insurance programs.
  • Skills development training with tuition reimbursement.
  • Commitment to safety and maintaining a safe work environment.
Full Job Description
Job Description

Job Title: Supervisor, Financial Controls - Multiple Locations

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

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.

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.

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.

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

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

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