Nuclear Development Financial Analyst Principal - Staff

American Electric Power Co.; Columbus, Northern (OH, KY); Hybrid; USD 99,000 - 151,000; Full time

Job summary

American Electric Power in Columbus, OH seeks a Financial Analyst Principal/Staff to forecast, report variances, and analyze strategic opportunities. You will lead/mentor analysts, prepare executive reports, and evaluate corporate opportunities with cross-functional teams.

The role emphasizes interaction with finance, planning, regulatory, and operating segments, driving improvements in forecasting accuracy and strategic decision support.

Qualifications

• Bachelor's Degree in accounting, finance, economics, business administration or engineering.
• Six (6) or more years of work experience in the disciplines mentioned in the education requirement.
• MBA, CPA, CMA, CIA, PE, CFP or other professional certification preferred.

Responsibilities

• Initiate, formulate and develop assumptions for financial forecasts with operating personnel.
• Perform monthly/quarterly variance reporting and analysis of budget vs. actual results.
• Develop and manage staff where applicable and mentor analysts.
• Prepare reports to executive management and Board of Directors as required.
• Evaluate strategic corporate opportunities including acquisitions/divestitures.

Skills

Leadership

Financial modeling

Microsoft Office

Communication

Presentations

PeopleSoft

Business Objects

UI Financial Model Programming

Education

Bachelor's Degree in Accounting/Finance/Economics/Business or Engineering

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

Tools

Microsoft Office

UI Financial Model Programming

PeopleSoft

Business Objects

Job description

Location: Columbus, OH

Category : Accounting & Finance

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.

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.
• 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.
• 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.

What We’re Looking For:

Financial Analyst Principal (Salary Grade 8)

• Education Requirements: Bachelor's Degree, preferred majors include accounting, finance, economics, business administration or engineering.
• Experience: Six (6) or more years of work experience in the disciplines mentioned in the education requirement.
  

Financial Analyst Staff (Salary Grade 9)

• Education requirements are listed below: Bachelor's Degree in Business, Accounting, Finance or Engineering required.
• Experience requirement: Eight (8) or more years of work experience in the disciplines mentioned in the education requirement.

Preferred Qualifications:

• This position requires extensive coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries and operating companies.
• MBA, CPA, CMA, CIA, PE, CFP or other professional certification preferred.
• Familiarity with AEP accounting desired.
• 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; Teamwork; Adaptability/Flexibility; Customer Focus; Planning/Organizing Skills

What You’ll Get:

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

$98,993.00 - $151,132.50

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.

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

Supports O&M and/or Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and analysis, and/or 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 budget analyst will provide more limited support, either in activities performed or in groups supported.

Administers the company's enterprise risk management credit policy under supervision, including but not limited to supporting all AEP business units for moderately complex transactions and is responsible for determining the financial ability of AEP'' counterparties to deliver contracted products and services and meet payment obligations, negotiation of credit provisions for master agreements, and guaranty negotiation, execution, and maintenance to ensure best possible guaranty coverage.

The Accounting Manager - Nuclear Development, will support all facets of the accounting functions relevant to the strategic priorities of AEP’s Nuclear Development organization. This position is expected to play a critical role in the development, deployment, and ongoing application of relevant accounting policies and procedures to support the growth initiatives of AEP’s Nuclear Development organization in a manner that is compliant and consistent with AEP’s overall accounting policies. To that end, this position will regularly collaborate with AEP’s CAO organization and will require working cross-functionally with multiple business unit management teams as well as AEP’s external auditor. This position will also support internal management and major project reporting functionality to inform strategic decision-making of the AEP Nuclear Development leadership team.

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.