Budget Analyst Sr - Budget Analyst Staff

Indiana Michigan Power Company; Fort Wayne (IN); On-site; USD 88,000 - 151,000; Full time

Benefits offered by this job

Health insurance

Vacation

Educational assistance

401(k)

Job summary

Indiana Michigan Power Company seeks a Budget Analyst to support O&M and Capital budgeting, reprojections and variance reporting across business units. You will assist in planning, budgeting, reporting applications, and billing/allocation processes while contributing to standardizing processes and ad-hoc analyses.

The role includes coordinating with corporate finance, planning and budgeting, and operating company finance, with emphasis on data-driven insights and cross-functional collaboration.

Qualifications

• Key competencies include communication, teamwork, initiative, adaptability/flexibility, client focus, creativity, planning/organizing and business understanding.
• Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office and Business Objects reporting is desired.
• Experience across finance/budgeting and cross-functional coordination is preferred.

Responsibilities

• Support O&M and Capital budgeting, reprojections, variance/ad-hoc reporting and related processes.
• Prepare monthly/quarterly variance reports with meaningful analysis.
• Assist in budgeting, forecasting and improvement requisitions processes.

Skills

Communication

Teamwork

Initiative

Adaptability/Flexibility

Client Focus

Creativity

Planning/Organizing

Understanding the Business and Compet

Education

Bachelor's degree in Business, Accounting, Finance or Engineering

Associate's degree in Business, Accounting, Finance or Engineering

Tools

UI Budgets

PeopleSoft

Microsoft Office

Business Objects

Job description

Job Posting End Date 10-20-2026 Please note the job posting will close on the day before the posting end date.

Job Summary

Job Summary Supports O&M and/or Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and analysis, and/or the improvement requisition process for a business unit(s), corporate group(s), operating company(ies) and/or for AEP Consolidated. Includes providing support of the related planning, budgeting and reporting applications and the billing/allocation processes. Note: A budget analyst will provide more limited support, either in activities performed or in groups supported.

Job Description

Job Description Support the O&M and Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and the improvement requisition process for a business unit(s), corporate group(s), operating company(ies) and/or for AEP Consolidated. Includes providing support related to planning, budgeting and reporting applications and the billing/allocation processes.

What you'll do:

• Support the planning and budgeting activities for the O&M and Capital resource allocation process; including long-range forecasts, detail budgets, re-projections and contingency plans.
• Prepare monthly and quarterly variance reports and provide meaningful analysis of drivers.
• Prepare ad-hoc reports as needed to support analysis.
• Support decisions affecting operation and maintenance activities, capital investment, customer service levels, and profitability objectives.
• Assist in routing and approval process for Improvement Requisitions; ensuring that Authorization Policy and IR Procedures are followed.
• Engage in developing and improving standardized processes surrounding budgeting, forecasting, reporting, and improvement requisitions.
• Perform special studies, analysis, investigations, and assignments as may be required.
• Provide assistance in responding to regulatory and other data requests.
• Support the Financial Forecasting process alongside OPCO / Business Units within I&M as it relates to Capital and O&M expenditures to resolve any potential issues.
• At higher levels within the Budget Analyst job family, individuals may assume increasing responsibility for budgeting, forecasting, and financial planning activities supporting complex organizations and investment portfolios; provide strategic financial guidance to leadership; and influence significant resource allocation and investment decisions.

What we're looking for:

Note: This position is posted at multiple grade levels and offers a range of opportunities for advancement. The minimum qualifications outlined below apply to the Budget Analyst Senior level, with increased educational, skill, experience and certification requirements for higher levels of Budget Analyst Staff.

Budget Analyst Sr - Grade 7 Minimum Requirements:

Bachelor's degree in Business, Accounting, Finance or Engineering along with a minimum of 4 years of relevant experience. Or; Associates degree in Business, Accounting, Finance or Engineering along with a minimum of 6 years or relevant experience. Other Requirements: Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition These are additional expectations for the job and could include specific work experience, license / certifications, preemployment testing, expectations about travel, shift work, etc. Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred. Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired. This position requires coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries. Familiarity with AEP accounting and use of Chartfields desired.

Budget Analyst Prin - Grade 8 Minimum Requirements:

Bachelor's degree in business, Accounting, Finance or Engineering along with a minimum of 6 years of relevant experience. Or; Associate's degree in business, Accounting, Finance or Engineering along with a minimum of 8 years or relevant experience. Other Requirements: Physical demand level is Sedentary Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition These are additional expectations for the job and could include specific work experience, license / certifications, preemployment testing, expectations about travel, shift work, etc. Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred. Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired. This position requires coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries. Familiarity with AEP accounting and use of Chartfields desired.

Budget Analyst Staff Minimum Requirements:

Bachelor's degree in business, Accounting, Finance, or Engineering 8 or more years of relevant experience. Other Requirements: Physical demand level is Sedentary Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition. These are additional expectations for the job and could include specific work experience, license / certifications, preemployment testing, expectations about travel, shift work, etc. Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred. Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired. This position requires coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries. Familiarity with AEP accounting and use of Chartfields desired. Preferred: Prior experience or strong demonstrated knowledge of PowerBi, Excel, Data Reporting via Systems, and Variance Analysis. Prior utility and/or project controls experience is a plus.

What you'll get:

In addition to base salary, AEP offers competitive total rewards including discretionary annual/long-term incentives, 401(k), pension, health insurance, vacation, educational assistance, etc.

Where Putting the Customer First Powers Everything We Do At AEP, we're more than just an energy company - we're a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!

Compensation Data

Compensation Grade: SP20-007 Compensation Range: $87,633.00 - $151,132.00 The Physical Demand Level for this job is: S - Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.

At American Electric Power, we provide more than electricity to our millions of customers - we energize possibilities. We're redefining the future of energy by reducing our carbon footprint, empowering the communities we serve and building an engaged, talented workforce. All while delivering the reliable service our customers expect. It's an exciting time in the energy industry. Are you ready to be part of it? We're looking for team members to help create the grid of the future. Learn more about our commitment to creating a supportive, inclusive work culture that values different experiences.