Financial Analyst Senior

American Electric Power•New Albany, OH

About The Position

Prepare variance analyses, vendor financial contract reviews, training, and ad hoc analysis of strategic opportunities. The role seeks out new opportunities and areas of learning that increase value to the organization. It involves working in an office environment, collaborating across internal groups and with external vendors. The Financial Analyst Senior plans and performs vendor contract financial reviews, including verifying rates, billing periods, quantities, taxes, discounts, holdbacks or retainage, and contract line items against Master Contracts, Change Orders, and Purchase Orders. The position performs complex reviews with minimal supervision, analyzes and recommends improvements to Financial Controls financial review processes, provides regular reports to management and the team, and assists with backup duties in areas such as SOX reporting and UVL processes. The role also identifies process improvement, cost-saving, and revenue-enhancement opportunities.

Requirements

Bachelor's degree; preferred majors include accounting, finance, economics, business administration, or engineering.
Four or more years of work experience in disciplines related to the education requirement.
Proficiency in Microsoft Office, PeopleSoft, Maximo, and COGNOS.
Familiarity with contract language and Procurement policies.
Ability to communicate clearly, concisely, and comfortably with all levels of the organization.
Strategic thinking.
Relationship-building skills.
Teamwork.
Adaptability and flexibility.
Customer focus.
Planning and organizing skills.

Nice To Haves

Exposure to CAA, PowerBI, SQL, and Workiva.

Responsibilities

Prepare variance analyses, vendor financial contract reviews, training, and ad hoc analyses of strategic opportunities.
Plan and perform vendor contract financial reviews, verifying rates, billing periods, quantities, taxes, discounts, holdbacks or retainage, and contract line items against Master Contracts, Change Orders, and Purchase Orders.
Perform complex reviews with minimal supervision.
Analyze Financial Controls financial review processes and provide recommendations.
Collaborate across all areas of AEP and with external vendors.
Provide regular report-outs to management and the team to improve understanding of processes.
Assist with backup duties for Financial Controls areas, including SOX reporting and UVL processes.
Identify opportunities for process improvement, cost savings, and revenue enhancement.
Seek new opportunities and areas of learning that increase value to the organization.