Budget Analyst- Budget Analyst Staff

American Electric Power•Gahanna, OH

18h•$74,551 - $151,133•Onsite

About The Position

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.

Requirements

Bachelor’s degree in business, Accounting, Finance, or Engineering
8 or more years of relevant experience
Physical demand level is Sedentary
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.
This position requires 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.

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.

Responsibilities

Coordinate the planning and budgeting activities for the O&M and/or Capital resource allocation process; including long-range forecasts, detail budgets, re-projections and contingency plans.
Coordinate monthly/quarterly variance reports and provide meaningful analysis of drivers and recommend mid-course correction opportunities.
Suggest direct preparation of ad-hoc reports as needed to support analysis and recommendations.
Contributes to the development of business strategies and 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. In addition, ensure IR's have meaningful business cases.
Lead efforts to improve standardized processes surrounding budgeting, forecasting, reporting, and improvement requisitions.
Organize 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's/bu's to resolve potential issues.
Participate in rate case preparation and serve as witness as required.