Budget Analyst Associate - Budget Analyst Sr.

American Electric Power•Wayne, IN

2d•Onsite

About The Position

Assist with the support of the O&M and/or Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and/or the improvement requisition process for a business unit(s), corporate group(s), operating company(ies) and/or for AEP Consolidated. Includes providing assistance with related planning, budgeting and reporting applications and the billing/allocation processes.

Requirements

Budget Analyst Associate - Grade 4 Minimum Requirements: Bachelor's degree in Business, Accounting, Finance, or Engineering. No experience necessary.
Budget Analyst - Grade 6 Minimum Requirements: Bachelor's degree in Business, Accounting, Finance or Engineering along with 1 year of relevant experience. Or; Associates degree in Business, Accounting, Finance or Engineering along with a minimum of 3 years or relevant experience.
Budget Analyst Sr. - Grade 7 Minimum Requirements: Bachelor's degree in Business, Accounting, Finance or Engineering along with a minimum of 4 years of relevant experience. Or; Associates degree in Business, Accounting, Finance or Engineering along with a minimum of 6 years or relevant experience.

Nice To Haves

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.
Familiarity with AEP accounting and use of Chartfields desired.
Prior experience or strong demonstrated knowledge of PowerBi, Excel, Data Reporting via Systems, and Variance Analysis with prior utility company experience.

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 and quarterly variance reports
Prepare ad-hoc reports as needed to support analysis.
Support decisions and analysis affecting operations and maintenance activities, capital investment, customer service, and profitability objections.
Assist in routing and approval process for Improvement Requisition; 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 responding to regulatory and other data requests.
Assist in Financial Forecasting process alongside OPCO / Business Units within I&M it relates to Capital and O&M expenditures to resolve any potential issues.