Director, Financial Planning & Analysis

About the role

This is an open position with FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. This is a full-time, on-site position located at any FirstEnergy location in our footprint.

Responsibilities

• Maintain a safe workplace for coworkers and the community based upon knowledge of potential hazards and industry regulations/requirements.
• Lead strategic planning and forecasting for the Business Unit. This includes long-term plan development and execution, budgeting, forecasting, analysis, and reporting processes/deliverables.
• This role owns full P&L performance, including revenue, O&M and capital planning, strategic leadership on financing, taxes, and cash/credit management through coordination across multiple departments to ensure plans are executable and meet strategic goals, while driving accountability for results.
• Owning O&M and Capital planning for the Business Unit. Lead development of well-defined budgets, track actual performance using detailed and impactful tools and providing clear analysis, and build accurate forecasts that deliver on commitments. Ensure plans are flexible to proactively adjust as needed.
• Engage across Operations, Engineering, Portfolio Planning, Supply Chain, Work Management, and Corporate Support teams to ensure all investments are well-planned and positively impact all stakeholders.
• Provide guidance to all levels of the organization on impacts of business performance through strategic decision support models. Effectively utilize analysis to guide decisions and drive exceptional results. Communicate plan and performance through KPIs.
• Influence regulatory framework to optimize investment and recovery strategies.
• Primary interface with key stakeholders on the Business Unit’s budget, forecast, analysis, and performance, including Business Unit Leadership, FEU Leadership, Corporate Finance, and Controller’s Department.
• Establish clear connection between Business Unit financial plans and performance with FirstEnergy strategic goals.
• Build a business partner model and mindset to facilitate communication, increase business knowledge of teams, identify opportunities, mitigate risks, and drive results. This includes full P&L and financial performance accountability; identifying, communicating, and executing strategic insights; and developing and implementing risk mitigation strategies.
• Lead team responsible for direct support of business partners. Guide team to deliver exceptional business results in day-to-day processes, including O&M and capital investment planning/analysis, revenue execution, cash/credit performance, and compliance activities.
• Provide growth opportunities to develop well-rounded financial analysis skills and become influential business partners.
• Create and lead a decision support function to provide strategic insights and recommended actions based on thorough analysis and understanding of operations, finance, and regulatory strategies and expectations.

Qualifications

• Bachelor’s degree in finance, accounting, engineering, or related discipline required. Advanced degree is a plus.
• 10+ years of relevant work experience with increasing impact and responsibility in FP&A-related functions.
• Demonstrated success in leading strategic business decisions from idea to execution. Ability to apply learnings quickly and drive continuous improvement.
• Strong financial acumen, including expert-level knowledge of financial statement analysis, budgeting/forecasting theory and process, and internal/external reporting functions. Strong knowledge of GAAP and FERC accounting principles. Regulated finance experience is a plus.
• Understanding of the Business Unit regulatory framework and ability to translate recommendations into actions to optimize results. Regulatory experience is a plus.
• Demonstrated leadership skills, including ability to lead by example, coach others, provide constructive feedback, build high-performing teams, and empower others.
• Proven ability to develop business partnerships and earn trust across organizations.
• Commitment to role modeling FirstEnergy’s values and behaviors, transparency, continuous learning and improvement.
• Strong verbal and written communication skills.
• Expert analytical skills with a track record of solving complex issues and providing clear, logical, and impactful solutions.
• Technical expertise in Microsoft Office applications, including Excel, PowerPoint, and Word. Experience in SAP and UI Planner a plus.