Financial Analyst Lead

AEP Service Corporation; New Albany (OH); On-site; USD 116,000 - 178,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive benefits package

Job summary

AEP Service Corporation is seeking a senior financial planning professional to prepare forecasts, perform variance analysis, and oversee regulatory filings. The role involves developing models, evaluating strategic opportunities, and mentoring junior staff.

You will present to executive leadership and the Board, drive process improvements, and apply deep utility finance knowledge including FERC mechanics. A strong background in finance and energy is required.

Qualifications

• Bachelor's degree in finance, accounting, mathematics, or related quantitative field is required.
• MBA, CPA, CMA, CIA, PE, CFP or other professional certification preferred.
• 8+ years of work experience in the energy and/or utility sector; familiarity with AEP accounting desired.

Responsibilities

• Initiate, formulate and develop assumptions for financial forecasts using corporate financial models.
• Perform monthly/quarterly variance reporting and analysis of budget vs. actual results.
• Develop, manage staff where applicable and mentor departmental analysts.
• Prepare and deliver reports to executive management and the Board of Directors.
• Identify opportunities for process improvement, cost savings and revenue enhancement.
• Develop sophisticated financial models including pro forma statements and scenario analyses.
• Improve analysis processes through automation and translating data into actionable insights.
• Apply utility finance and regulatory expertise, including FERC formula rates and ratemaking.

Skills

Leadership

Presentation

Communication

Strategic Thinking

Relationship Building

Adaptability/Flexibility

Customer Focus

Planning/Organizing

Education

Bachelor's degree in finance or related

MBA/CPA/CMA/CIA/PE/CFP or cert preferred

Tools

Microsoft Office

UI Financial Model Programming

PeopleSoft

Business Objects

Job description

Job Posting End Date: 11-07-2026

Please note the job posting will close on the day before the posting end date.

Job Summary

Prepare financial forecasts, variance analyses, regulatory filings, and ad hoc analysis of strategic opportunities. Analyze and make recommendations on regulatory and general business strategy. Develop/manage staff. This position requires a combination of high-level skills, experience and education as defined below.

Job Description

What You Will Do:

Initiate, formulate and develop assumptions for financial forecasts , in conjunction with operating company/business segment personnel, using corporate financial models including the identification of significant strategic issues and alternative and/or contingency plans.

Perform monthly/quarterly variance reporting and analysis of budget vs. actual results and actual vs. prior year results on a consolidated or segment level for the primary purpose of improving future forecasts. This analysis will also aid operating companies in understanding their financial results and assist Financial Reporting in SEC reporting.

Develop/manage staff where applicable and serve as an example/advisor/mentor to departmental analysts.

Prepare and make reports to executive management and Board of Directors as assigned or required.

Identify and implement opportunities for process improvement, cost savings and revenue enhancement.

Develop, maintain, and enhance sophisticated financial models , including pro forma income statements, scenario modeling, and sensitivity analyses that evaluate financial outcomes, risks, and key business drivers.

Improve and innovate financial analysis processes by identifying opportunities for greater automation, consistency, accuracy, and efficiency, while translating complex financial and operational data into actionable business insights.

Apply deep utility finance and regulatory expertise , including a strong understanding of FERC formula rates and ratemaking, O&M budgeting, cost allocation, and the financial impacts of operational and investment decisions.

Bring strong analytical judgment and intellectual curiosity , with the ability to work independently, challenge assumptions, solve complex problems, and communicate findings effectively.

What You Will Need:

A bachelor's degree in finance, accounting, mathematics, or a related quantitative field is required; MBA, CPA, CMA, CIA, PE, CFP or other professional certification preferred.

Work Experience Requirement:

8 or more years of work experience in the energy and/or utility sector Familiarity with AEP accounting desired.

OTHER REQUIREMENTS:

This position requires extensive coordination with corporate finance, corporate planning & budgeting, accounting/tax, transmission, regulatory; requiring the incumbent to work across functional boundaries and operating companies.

A successful candidate will exhibit the following qualities/skills:

Effective Leadership Skills; Presentation Skills; Proficient in Microsoft Office, UI Financial Model Programming, PeopleSoft, and Business Objects; Ability to communicate clearly, concisely and comfortably with all levels of the organization; Strategic Thinking; Relationship building; Adaptability/Flexibility; Customer Focus; Planning/Organizing Skills

What You Will Get:

In addition to 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.

About Us

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.

Compensation Data

Compensation Grade: SP20-009

Compensation Range: $116,255.00 - $177,503.00

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.

Equal Employment Opportunity

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 re