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FirstEnergy · 1 day ago

Manager General Accounting - General Accounting - Greensburg Corporate Center

Akron, OH

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

FirstEnergy is a forward-thinking electric utility committed to operational excellence and customer satisfaction. The Manager of General Accounting will lead a team responsible for maintaining the company’s financial records in accordance with GAAP and FERC regulations, ensuring compliance and accuracy in financial reporting.

Clean EnergyEnergyEnergy EfficiencyInformation Services

No H1B

Responsibilities

Leading a team of accounting professionals to ensure accurate, complete, and timely closing of the company’s books and records

Responsible for the monthly financial closing process in SAP, which includes multiple sequenced steps and the execution of systematic processes that provide for the accurate reporting of financial results for all FirstEnergy legal entities

Maintain the company’s SAP general ledger accounting system and required master data

Manage the FirstEnergy Service Company accounting and reporting processes

Configure and manage the Company’s complex SAP cost flows and assessment cycles

Ensuring that the company’s books and records comply with FirstEnergy’s Cost Allocation Manual, Service Company and Mutual Assistance agreements, and related money pool agreements

Responsible for the calculation and implementation of the various overhead processes in SAP

Oversee the design and performance of accounting processes and controls established in accordance with SOX

Oversee the Company’s Blackline account reconciliation process, including creating/reviewing monthly reconciliations

Assist in preparing/reviewing 10Q/10K/Form 1 support schedules for SEC and FERC reporting

Support the jurisdictional Rates Departments in filing distribution base rate cases and transmission revenue requirement filings, through related data requests

Maintain and ensure compliance with the company’s accounting policies and procedures

Interfacing with the company’s legal team to ensure appropriate accounting reserves for legal and environmental liabilities

Coordinating the accounting for complex employee and retiree benefit programs; including, qualified and non-qualified pensions and other postemployment benefits, short-term and long-term incentive programs, executive/director deferred compensation, and paid-time-off benefits

Responsible for other General Accounting areas including cash reconcilations, debt accounting, prepaid expenses, affiliated rents, aircraft accounting, and customer uncollectible expense

Working collaboratively across organizations including Legal, Rates, Tax, Internal Auditing, Compliance, Business Services, Treasury, and IT

Supporting the master data and testing requirements of new or upgraded accounting and reporting platforms (i.e., Empower, Coupa, Power BI)

Ensuring that the company’s accounting records related to strategic transactions (i.e., divestitures and minority interest sales) are recorded in accordance with GAAP

Implementing appropriate development plans and priorities, while providing ongoing feedback, guidance, and training opportunities for the accounting staff

Qualification

SAP FI-CO modulesGeneral ledger systemsAccounting principles (GAAP)CPAMBAFinancial reportingAnalytical abilitiesCommunication skillsInterpersonal skillsTeam collaborationTime management

Required

Bachelor's degree in Accounting is required

Minimum of 10 years relevant work experience at progressively increasing levels of responsibility and complexity is required

Relevant work experience will include strong accounting background with experience in monthly closing and general ledger systems

Proficiency with SAP FI-CO modules, specifically a strong understanding of SAP cost flows, intercompany relationships and overhead processes

Proficiency with Microsoft Office applications (Excel, PowerPoint, and Word)

Ability to assist in technical accounting issues and analysis

Excellent analytical abilities

Ability to work independently or as part of a team effort on assignments that may be broad in nature involving the compilation, preparation and analysis of various accounting reports, statements, studies or projects

Excellent written and oral communication skills, including ability to effectively structure and present information and recommendations involving complex accounting issues

Strong interpersonal skills to work with all levels of employees and leadership

Desire to learn, grow and work across FirstEnergy, and deliver quality and accurate work within established deadlines

Ability to juggle multiple projects and prioritize work in a dynamic environment

Preferred

CPA or MBA

Benefits

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

Skills development training with tuition reimbursement

Company

FirstEnergy

Glassdoor3.6

We are a forward-thinking electric utility centered on integrity, powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.

Founded in 1997

Akron, Ohio, USA

10001+ employees