Director; Generation Business Financial Management

American Electric PowerWayne, IN
Onsite

About The Position

The Director Generation Business & Financial Management is responsible for establishing and leading the financial planning, analysis, and cost management framework that supports all I&M Generation Operations. This role provides strategic financial leadership across capital and O&M planning, cost structure development, forecasting, variance analysis, regulatory filings, and long term resource planning. This leader will partner closely with plant leadership, Operations, Regulatory, Finance, and other functional areas to ensure financial integrity and transparency across all generation assets. As I&M continues to expand its generation portfolio, this role will be instrumental in ensuring the business has financial discipline, tools, and processes needed to support growth.

Requirements

  • Bachelor’s degree in accounting, finance, business, engineering, or related field.
  • Extensive experience (10+ years) in utility, generation, or operational financial management.

Nice To Haves

  • Demonstrated expertise in budget management, forecasting, cost‑tracking, and financial modeling.
  • Experience interacting with regulatory agencies or supporting regulatory filings.
  • Ability to influence across organizational levels and collaborate with operational teams
  • Master’s degree in business or finance.
  • Experience with AEP financial systems (PowerPlant, UI Planner, Hyperion, Maximo, etc.).
  • Prior experience supporting or leading financial operations for generation facilities.
  • Previous leadership experience in a matrixed environment

Responsibilities

  • Develop, implement, and maintain a comprehensive cost‑tracking structure for all I&M generation facilities.
  • Partner with plant leadership to ensure consistent tracking and reporting of capital and O&M expenditures.
  • Drive continuous improvement in cost transparency, allocation methodologies, and financial controls across generation operations.
  • Lead the development and coordination of monthly capital and O&M variance reports for all generation sites.
  • Oversee the annual budgeting process for Generation Operations, ensuring alignment with corporate objectives and regulatory requirements.
  • Manage monthly, quarterly, and annual forecast updates, including analysis of key drivers and recommending corrective actions.
  • Provide financial analysis, documentation, and subject‑matter expertise in support of regulatory filings, testimonies, and base rate cases related to generation assets.
  • Ensure compliance with state and federal regulatory cost requirements and support responses to discovery requests.
  • Support long‑term resource planning and major project financial models, including new generation development, repowering, or environmental compliance projects.
  • Provide financial insight to support decision‑making on future generation asset investments.
  • Support onboarding, coaching, and development of the plant business and administrative positions for I&M Generation facilities.
  • Serve as the internal expert on AEP financial systems, budgeting tools, and cost‑management processes.
  • Build strong relationships with plant managers, engineering, operations, and enterprise finance teams to drive alignment and effective financial operations.

Benefits

  • Competitive compensation
  • Comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
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