Financial Analyst Sr

American Electric Power•Columbus, OH

About The Position

The Financial Analyst Senior prepares financial forecasts, variance analyses, and ad hoc analyses of strategic opportunities. The role also analyzes regulatory and general business strategy and makes recommendations. The analyst works with operating company personnel to develop forecasts using corporate financial models, identify significant strategic issues, and create alternative or contingency plans. The position evaluates budget-versus-actual and actual-versus-prior-year results to improve future forecasts, help operating companies understand financial results, and support Financial Reporting with SEC reporting. It also tracks operating company, segment, and consolidated forecasts; assesses customer rate changes; develops strategic evaluations of business opportunities; and identifies process improvements, cost savings, and revenue enhancements. The analyst communicates key earnings drivers to senior management and the board of directors.

Requirements

Bachelor's degree; preferred majors include accounting, finance, economics, business administration, or engineering.
Four or more years of work experience in the disciplines listed among the preferred degree majors.
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 skills.

Nice To Haves

A bachelor's degree in accounting, finance, economics, business administration, or engineering.

Responsibilities

Initiate and formulate financial forecasts with operating company personnel using corporate financial models.
Identify significant strategic issues and develop alternative or contingency plans.
Perform monthly and quarterly variance reporting and analysis of budget-versus-actual results and actual-versus-prior-year results.
Use variance analysis to improve future forecasts, help operating companies understand financial results, and assist Financial Reporting with SEC reporting.
Identify needed customer rate changes and recommend their timing and amount.
Track and evaluate operating company, segment, and consolidated forecasts, including compiling intra-year estimates.
Develop and articulate compelling explanations of key earnings drivers for senior management and the board of directors.
Develop special strategic evaluations of corporate business opportunities and assist in making recommendations based on the results.
Identify opportunities for process improvement, cost savings, and revenue enhancement.
Analyze and make recommendations regarding regulatory and general business strategy.