Budget Analyst Sr - Budget Analyst Staff

SouthWestern Electric Power Co; Shreveport (LA); On-site; USD 88,000 - 186,000; Full time

Benefits offered by this job

Relocation assistance

Job summary

American Electric Power in Shreveport, LA is seeking a Budget Analyst Senior to support O&M and capital budgeting, re-projections, and ad-hoc analyses. You will assist in forecasting, reporting, and improvement requisitions across multiple groups, with relocation assistance offered for the right candidate.

The role requires a Bachelor's or Associate degree in Business, Accounting, Finance, or Engineering with several years of relevant experience and familiarity with PeopleSoft, Cognos BI, and

Qualifications

• Bachelor's or Associate degree in Business, Accounting, Finance or Engineering with relevant experience.
• Strong knowledge of PeopleSoft, Cognos BI, and variance analysis; utility sector experience is preferred.
• Experience with budgeting, forecasting, and financial reporting processes.

Responsibilities

• Support O&M and capital budgeting, long-range forecasts, budgets and re-projections.
• Prepare monthly/quarterly variance reports and provide analysis of cost drivers.
• Create ad-hoc reports to support management decisions.
• Assist in improvement requisitions and ensure policies are followed.
• Develop and refine budgeting, forecasting, reporting, and IR processes.
• Perform special studies and data analyses as required.
• Support regulatory data requests and revenue-related studies.

Skills

PeopleSoft

Cognos BI

Variance analysis

Utility industry experience

Education

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

Associates degree in Business, Accounting, Finance or Engineering

Tools

Business Objects

Microsoft Office

UI Budgets

Job description

Job Posting End Date 10-17-2026 Please note the job posting will close on the day before the posting end date.

Job Summary Supports the O&M and Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and analysis, and 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 Sr. budget analyst will be required to support all activities and will typically support multiple groups.

***This job posting does not support visa sponsorship or Optional Practical Training (OPT)*** Relocation for the right candidate.

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/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 regulatory proceedings related to financial matters including information for data requests, developing revenue requirements, special studies for Commissions, etc.
• Supports Financial Model issues and works with Financial Forecasting and the OPCO/BU(s) to resolve potential issues.

What We're Looking For:

• Bachelors 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.
• Strong knowledge in PeopleSoft, Cognos Business Intelligence, and Variance analysis with prior utility company 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.

Additional Job Requirements:

• 1.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.
• 2.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.

Where You'll Work:

Shreveport, LA

What You'll Get For A Budget Analyst Sr:

$87,633 - $131,453

What You'll Get For A Budget Analyst Prin:

$98,993 - $158,383

What You’ll Get For A Budget Analyst Staff:

$116,255 - $186,010

In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.

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 - $151,132.50

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.