Financial Analyst Sr Staff

AEP Service Corporation; Columbus (OH); On-site; USD 137,000 - 178,000; Full time

Job summary

AEP Service Corporation seeks a Senior Staff Financial Analyst to lead dynamic financial forecasts and ad hoc analyses of strategic opportunities. Responsibilities include developing staffing, and presenting findings to executives, with a focus on strategic and regulatory considerations.

The role requires extensive coordination across finance, accounting, and operations, with leadership responsibilities and a track record in driving cost savings and revenue enhancement.

Qualifications

• Bachelor's degree in business, accounting, finance or engineering.
• 10+ years of work experience in the mentioned disciplines, including managerial experience.

Responsibilities

• Lead development of financial forecasts and ad hoc analyses.
• Review variance reporting for budget vs. actual and prior year results.
• Develop and mentor staff of department analysts.
• Prepare reports for executive management and Board of Directors.
• Evaluate corporate opportunities including acquisitions/divestitures and provide recommendations.
• Identify process improvements, cost savings and revenue enhancements.
• Communicate with senior management on strategic opportunities and regulatory matters.

Skills

Leadership

Communication

Strategic thinking

MS Office

Financial modeling

PeopleSoft

Business Objects

Microsoft Excel

Education

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

Tools

PeopleSoft

BusinessObjects

Microsoft Excel

Job description

Job Summary

The Financial Analyst Sr Staff will lead the preparation of dynamic financial forecasts and ad hoc analysis of strategic opportunities. Additional duties of this Senior role include analyzing/making recommendations on general business strategy, and developing/managing staff.

Job Description

What You'll 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.
• Review monthly/quarterly variance reporting and analysis of budget vs. actual results and actual vs. prior year results on a consolidated or segment level performed by others 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.
• 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. Provide leadership to a team of energetic employees that collaborate well with others and are interested in providing best-in-class support to the operations of our energy assets.

What We're Looking For:

• Education requirements are listed below: Bachelor's Degree in Business, Accounting, Finance or Engineering required.
• Work Experience requirement listed below: 10 or more years of work experience in the disciplines mentioned in the education requirement including managerial experience.

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.

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 Object; Ability to communicate clearly, concisely and comfortably with all levels of the organization, Strategic Thinking, Relationship building; Teamwork, Adaptability/Flexibility, Customer Focus, Planning/Organizing Skills.

MBA, CFA, CPA, CMA, CIA, PE, CFP or other professional certification preferred.

Familiarity with AEP accounting desired.

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 Data

Compensation Grade: SP20-010

Compensation Range: $136,539.00 - $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.

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, compensatio