Financial Analyst Principal - Scenario Modeling

AEP Service Corporation; Columbus (OH); On-site; USD 99,000 - 129,000; Full time

Job summary

AEP Service Corporation in Columbus, OH is seeking a Financial Analyst Principal to lead forecasting, variance analysis, and strategic evaluations. You will work with corporate finance and operating company teams to build robust models and drive insights for decision making.

The role involves preparing executivelevel reports, supporting the board, and identifying opportunities for cost savings and revenue enhancement. A Bachelor's in finance/related field and 6+ years of experience are required.

Qualifications

• Bachelor's degree in accounting/finance/economics/business administration or engineering.
• 6+ years of work experience in the mentioned disciplines.

Responsibilities

• Initiate and formulate financial forecasts using corporate models.
• Perform monthly/quarterly variance reporting and analysis for forecast accuracy.
• Prepare reports to executive management and Board of Directors as required.
• Develop strategic evaluations of corporate opportunities including acquisitions/divestitures.

Skills

Presentation skills

Communication

Strategic thinking

Relationship building

Teamwork

Cross-functional collaboration

Education

Bachelor's degree in accounting/finance/economics/business administration or engineering

Tools

Microsoft Office

UI Financial Model

PeopleSoft

Business Objects

Job description

Job Posting End Date11-07-2026Please note the job posting will close on the day before the posting end date.Job SummaryThe Financial Analyst Principal prepares financial forecasts and variance analyses with a focus on scenario modeling. Additional duties include analyzing and making recommendations on regulatory and general business strategy as well as ad hoc analysis of strategic opportunities.Job DescriptionWhat You'll Do:Initiate and formulate 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.Prepare and make reports to executive management and Board of Directors as assigned or required.Develop special strategic evaluations of corporate business opportunities including but not limited to evaluating acquisition and divestiture opportunities and make recommendations based upon the results of the evaluations.Identify and implement opportunities for process improvement, cost savings and revenue enhancement.Communicate clearly and confidently with senior level management on matters of strategic opportunities and/or regulatory strategy where applicable.Assist management in training new analysts.What We're Looking For:Education requirements are listed below:Bachelor's Degree, preferred majors include accounting, finance, economics, business administration or engineering.Work Experience requirement listed below:6 or more years of work experience in the disciplines mentioned in the education requirement.Other:This position requires extensive coordination with corporate finance, financial planning and analysis, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries and operating companies.Familiarity with AEP accounting desired.A successful candidate will exhibit the following qualities/skills:Presentation Skills.Proficient in Microsoft Office, UI Financial Model, PeopleSoft, and Business Objects.Ability to communicate clearly, concisely and comfortably with all levels of the organization.Strategic Thinking.Relationship building.Teamwork.What You’ll Get: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 DataCompensation Grade:SP20-008Compensation Range:$98,993.00 - $128,688.00The 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.Hear about it first! Get job alerts by email. Log in to your Candidate Home Account today! If you don't have an account, you can create one.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.