Strategic Budget & Forecast Lead

SouthWestern Electric Power Co; Shreveport (LA); On-site; USD 88,000 - 151,000; Full time

Job summary

American Electric Power (AEP) is seeking a Budget Analyst Sr to support O&M and Capital budgeting for multiple business units and operating companies, including reprojections, variance analyses, and ad-hoc reporting.

The role emphasizes collaboration with corporate finance, planning and budgeting, and regulatory teams, with a focus on improving budgeting processes and financial modeling. Based in Shreveport, LA, it offers a pathway across multiple groups within AEP.

Qualifications

• Bachelor's degree in Business, Accounting, Finance or Engineering with minimum 4 years of relevant experience
• Or; Associate degree in Business, Accounting, Finance or Engineering with minimum 6 years of relevant experience
• Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition
• Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred
• Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired
• Coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries
• Familiarity with AEP accounting and use of Chartfields desired

Responsibilities

• Support the planning and budgeting activities for the O&M and Capital resource allocation process; including long-range forecasts, detail budgets, re-projections and contingency plans
• Prepare monthly/quarterly variance reports and provide meaningful analysis of drivers
• Prepare ad-hoc reports as needed to support analysis
• Support decisions affecting operation and maintenance activities, capital investment, customer service levels, and profitability objectives
• Assist in routing and approval process for Improvement Requisitions; ensuring that Authorization Policy and IR Procedures are followed
• Engage in developing and improving standardized processes surrounding budgeting, forecasting, reporting, and improvement requisitions
• Perform special studies, analysis, investigations, and assignments as may be required
• Provide assistance in regulatory proceedings related to financial matters including information for data requests, developing revenue requirements, special studies for Commissions, etc.
• Supports Financial Model issues and works with Financial Forecasting and the OPCO/BU(s) to resolve potential issues

Skills

Budgeting

Forecasting

Financial analysis

Communication

Teamwork

Education

Bachelor's degree in Business/Accounting/Finance/Engineering

Associate degree in Business/Accounting/Finance/Engineering

Tools

UI Budgets

PeopleSoft

Microsoft Office

Business Objects

Job description

American Electric Power (AEP) is seeking a Budget Analyst Sr to support O&M and Capital budgeting for multiple business units and operating companies, including reprojections, variance analyses, and ad-hoc reporting.

The role emphasizes collaboration with corporate finance, planning and budgeting, and regulatory teams, with a focus on improving budgeting processes and financial modeling. Based in Shreveport, LA, it offers a pathway across multiple groups within AEP.