Financial Analyst Staff

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

Job summary

AEP in Ohio is seeking an Experienced Financial Analyst to support expanding capacity for complex financial modeling, regulatory analysis and decision support. You will develop forecasts, perform variance analysis, and mentor analysts, while preparing executive reports for the Board.

Additional responsibilities include identifying process improvements, building sophisticated financial models, and applying FERC regulatory knowledge to assess financial impacts of operations and investments.

Qualifications

• 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.

Responsibilities

• Initiate, formulate and develop assumptions for financial forecasts, with operating company personnel, using corporate financial models.
• Perform monthly/quarterly variance reporting and analysis of budget vs. actual results and prior year results.
• Develop/manage staff where applicable and mentor analysts.
• Prepare and make reports to executive management and Board of Directors.
• Identify and implement opportunities for process improvement, cost savings and revenue enhancement.
• Develop, maintain, and enhance sophisticated financial models (pro forma income statements, scenario modeling, sensitivity analyses).
• Improve and innovate financial analysis processes toward automation and actionable insights.
• Apply deep utility finance and regulatory expertise (FERC formula rates, O&M budgeting, cost allocation).
• Bring analytical judgment and communicate findings effectively.

Skills

Leadership

Presentation

Communication

Strategic Thinking

Relationship Building

Adaptability

Customer Focus

Planning/Organizing

Education

Bachelor’s degree in finance/accounting/math

Tools

Microsoft Office

UI Financial Model Programming

PeopleSoft

Business Objects

Job description

Job Summary

Experienced Financial Analyst will assist with expanding the capacity for complex financial modeling, regulatory analysis and decision support. Prepare financial forecasts, regulatory filings and ad hoc analysis of strategic opportunities.

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.

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

$116,255.00 - $177,503.00

Physical Demands

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 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.

Share

Details

“AEP offers an outstanding group of people to be a part of. The AEP culture values your integrity and awards your hard work.”

The Tax Manager / Tax Senior Manager - Accounting and Reporting is responsible for supporting income tax accounting matters, including the monthly income tax provision, quarterly/annual reporting, and SOX controls processes. They will plan, organize, and lead a team focusing on staff development and process improvements. They will also lend support in areas such as tax forecasting, tax compliance, audits and legislative impacts, and regulatory matters.

AEP is seeking a finance leader with practical project finance experience and a strong grounding in corporate finance. The successful candidate will partner with business units, legal, accounting, tax, regulatory and external financing parties to structure and execute financing solutions for major infrastructure and strategic investments. The role’s primary emphasis is project finance, including evaluating bankability, allocating risk, coordinating diligence, developing financing structures and negotiating transaction terms. The position will also support corporate financing, capital structure, credit ratings, cost of capital and regulated utility finance matters.This is a transaction execution and financial strategy role, not a cash management or treasury operations position. The ideal candidate is energized by complex transactions, cross-functional problem solving and communicating financing recommendations to senior leaders and other stakeholders.

Provide general accounting clerical support within the assigned Accounting Department. Provide accounting clerical support around AEP customer billings, remittances, invoices and other accounting transactional data.

AEP offers generous time off, competitive pay, and educational opportunities to help employees advance their careers.

Our culture is purpose-driven and team-oriented: we combine innovation with a customer-first focus to deliver reliable energy and brighter futures.