Financial Analyst Principal - Scenario Modeling

American Electric Power•Columbus, OH

About The Position

The Financial Analyst Principal prepares financial forecasts and variance analyses, with a focus on scenario modeling. The position also analyzes and makes recommendations regarding regulatory and general business strategy and performs ad hoc analysis of strategic opportunities. It requires extensive coordination across corporate finance, financial planning and analysis, accounting and tax, commercial operations, generation and transmission, regulatory functions, and operating companies.

Requirements

Bachelor's degree; preferred majors include accounting, finance, economics, business administration, or engineering.
Six or more years of work experience in disciplines related to the listed education requirements.
Ability to coordinate extensively across functional boundaries and operating companies.
Presentation skills.
Proficiency in Microsoft Office, UI Financial Model, PeopleSoft, and Business Objects.
Ability to communicate clearly, concisely, and comfortably with all levels of the organization.
Strategic thinking.
Relationship-building skills.
Teamwork.

Nice To Haves

Familiarity with AEP accounting.

Responsibilities

Initiate and formulate financial forecasts with operating company and business segment personnel using corporate financial models, identifying significant strategic issues and alternative or contingency plans.
Perform monthly and quarterly variance reporting and analysis of budget versus actual results and actual versus prior-year results at the consolidated or segment level to improve future forecasts, help operating companies understand results, and support Financial Reporting with SEC reporting.
Prepare and present reports to executive management and the Board of Directors as assigned or required.
Develop strategic evaluations of corporate business opportunities, including acquisition and divestiture opportunities, and make recommendations based on evaluation results.
Identify and implement opportunities for process improvement, cost savings, and revenue enhancement.
Communicate with senior-level management about strategic opportunities and, where applicable, regulatory strategy.
Assist management in training new analysts.