Director Capital Portfolio Governance

American Electric Power•Columbus, OH

6d•$160,434 - $208,566

About The Position

This director-level role provides enterprise leadership for AEP capital portfolio governance across operating companies, business units, and corporate functions. The position ensures that capital investments are evaluated, authorized, documented, monitored, and reported in accordance with AEP policies, Board resolutions, approved budgets and capital plans, internal controls, and related company requirements. It serves as a central corporate Finance leader for capital authorization, Board resolution preparation, capital spending oversight, capital-related SOX controls, and capital allocation recommendations. The role partners with senior leaders and Finance organizations to improve transparency, strengthen financial discipline, identify portfolio risks and opportunities, and support informed executive and Board decision-making. The Director leads the enterprise capital governance framework; oversees investment reviews, Board materials, spending and forecast monitoring, allocation analyses, and assigned SOX controls; coordinates cross-functionally; and presents executive-ready analyses and portfolio updates. The role also leads assigned analysts and cross-functional teams through prioritization, coaching, quality expectations, and accountability. Occasional travel may be required based on business needs.

Requirements

Bachelor's degree in Finance, Accounting, Business, Economics, Engineering, or a related field.
At least 10 years of progressively responsible experience in finance, accounting, FP&A, capital planning, project or portfolio controls, regulatory finance, or a related discipline.
At least 5 years of leadership experience.
Demonstrated experience with capital budgeting, forecasting, variance analysis, investment evaluation, financial controls, governance, and executive-level decision support.
Demonstrated ability to evaluate complex capital proposals, balance competing priorities, make sound recommendations, and influence senior leaders and cross-functional stakeholders without relying on direct authority.
Strong understanding of financial authorization, capital planning, portfolio management, budgeting, forecasting, internal controls, and governance principles.
Ability to manage multiple high-priority matters, sensitive information, approval deadlines, and stakeholder expectations in a complex enterprise environment.
Proficiency with Microsoft Office and enterprise financial planning, reporting, workflow, analytics, and visualization tools.
Occasional travel may be required based on business needs.

Nice To Haves

Knowledge of the regulated utility industry, including capital recovery, regulatory mechanisms, operating company structures, and the financial implications of large capital programs.
Familiarity with AEP capital authorization, planning, accounting, and reporting systems.
MBA, CPA, CMA, another relevant advanced degree, or a professional certification.

Responsibilities

Lead and maintain the enterprise capital portfolio governance framework across AEP business functions, establishing consistent expectations for authorization, documentation, monitoring, reporting, escalation, and decision support.
Ensure proposed capital investments and changes to authorized investments are reviewed and routed under AEP authorization and improvement requisition policies, approved budgets and capital plans, and applicable approval thresholds; identify and resolve or escalate exceptions and gaps.
Lead the preparation, coordination, and quality review of Board and Board committee resolutions and supporting financial materials related to capital plans, investments, spending authority, and other assigned matters.
Maintain clear documentation of capital approvals, conditions, and follow-up requirements.
Monitor capital spending, commitments, and forecasts against approved budgets, authorized amounts, and longer-term capital plans; analyze material variances, timing shifts, funding needs, and execution trends and report findings to senior management.
Develop capital allocation analyses and recommendations considering strategic alignment, affordability, financial returns, customer and operational needs, regulatory and cost-recovery considerations, risk, timing, and available funding.
Own or coordinate assigned capital-related SOX controls, including control design, execution, documentation, evidence retention, issue remediation, and testing support.
Partner with Accounting, Internal Audit, external auditors, and business control owners on capital-related controls.
Coordinate across Corporate FP&A, Accounting, Treasury, Tax, Regulatory, Legal, Supply Chain, operating companies, and business units to align governance processes and resolve complex or cross-functional matters.
Prepare and present executive-ready analyses and portfolio updates, clearly communicating financial implications, policy requirements, risks, options, and recommended actions.
Lead assigned analysts and cross-functional teams through clear priorities, quality expectations, coaching, and accountability.
Exercise sound judgment, confidentiality, integrity, and financial stewardship; escalate material compliance, control, funding, or portfolio concerns and perform other assigned strategic finance and capital governance responsibilities.