This is a position with FirstEnergy Service Co., a subsidiary of FirstEnergy Corp.
The position is in Human Resources within the Executive Compensation group and reports to the Manager, Executive Compensation & Retirement Programs. It is located at the Corporate Headquarters in Akron, Ohio.
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 incentives to executives aligned with the compensation philosophy. This position partners with the business units to ensure that programs support their objectives by helping to attract and retain key and critical talent. In addition, this position designs and provides market competitive total rewards in order to attract, motivate, retain and reward employees whose performance contributions and behaviors help drive the Company's success.
Leading the development, design and preparation of materials for the FirstEnergy’s Compensation Committee of the Board of Directors
Leading the design, implementation and administration of executive compensation and benefit programs, policies and guidelines
Consulting with business unit leaders on executive compensation practices and processes
Analyzing compensation surveys and/or conducting proxy analyses to determine compensation trends and to ensure competitive positions in the external market and internal equity across the organization
Utilizing the annual budget for incentive programs in conjunction with the established budgeting process and timelines
Preparing and delivering compensation-related presentations to executives within the company
Contributes to the administration of equity award programs under FirstEnergy's Long-Term Incentive Program
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
Compiling reports and statistics for FirstEnergy's various executive compensation programs and initiatives
Monitoring and conducting research on executive compensation trends
Ability to lead the analysis of executive compensation and benefit surveys to ensure competitiveness with the external market
Ability to lead the processing of deferred compensation to the Executive Deferred Compensation Plan and open enrollment process
Serving as a thought leader in the group as well as a mentor and coach to less tenured employees
Recommending process improvements as well as recommending and implementing solutions to more complex compensation issues to drive change across the organization
Bachelor's degree in Accounting, Finance, Audit or Business Administration, or a related field required
Certified Compensation Professional (CCP) preferred
Minimum 10 years professional work experience required. Executive compensation or financial background preferred
Excellent analytical and quantitative skills to collect and analyze data, identify issues, and solve problems
Excellent organizational skills and the ability to manage and prioritize multiple work assignments and meet demanding deadlines
Demonstrated ability to proactively identify problems, analyze solutions and make results-driven recommendations
Ability to apply knowledge and skills to a wide range of standard and non-standard situations
High degree of proficiency in Microsoft Office applications (Excel, PowerPoint, Access and Word); Advanced SAP proficiency is preferred
Excellent verbal and written communication skills with the ability to communicate complex concepts
Demonstrated ability working closely with executives is a plus
Ability to work together as a team and adjust to changing and multiple priorities
Ability to coach peers and team members on skill development, subject matter knowledge, and market trends preferred
FirstEnergy (NYSE: FE) is a diversified energy company dedicated to safety, reliability and operational excellence.
Headquartered in Akron, Ohio, FirstEnergy comprises one of the nation’s largest investor-owned electric systems based on
serving six million customers in the Midwest and Mid-Atlantic regions. Our diverse generating fleet features non-emitting nuclear,
scrubbed baseload coal, natural gas, and pumped storage hydro and other renewables.