Financial Analyst Staff

American Electric Power•New Albany, OH

7h•$116,255 - $177,503•Onsite

About The Position

Prepare financial forecasts, variance analyses, regulatory filings, and ad hoc analysis of strategic opportunities. Analyze and make recommendations on regulatory and general business strategy. Develop/manage staff.

Requirements

A bachelor’s degree in finance, accounting, mathematics, or a related quantitative field is required
8 or more years of work experience in the energy and/or utility sector
Extensive coordination with corporate finance, corporate planning & budgeting, accounting/tax, transmission, regulatory; requiring the incumbent to work across functional boundaries and operating companies.
Proficient in Microsoft Office, UI Financial Model Programming, PeopleSoft, and Business Objects
Ability to communicate clearly, concisely and comfortably with all levels of the organization

Nice To Haves

MBA, CPA, CMA, CIA, PE, CFP or other professional certification preferred.
Familiarity with AEP accounting desired.
Effective Leadership Skills
Presentation Skills
Strategic Thinking
Relationship building
Adaptability/Flexibility
Customer Focus
Planning/Organizing Skills

Responsibilities

Initiate, formulate and develop assumptions for financial forecasts, in conjunction with operating company/business segment personnel, using corporate financial models including the identification of significant strategic issues and alternative and/or contingency plans.
Perform monthly/quarterly variance reporting and analysis of budget vs. actual results and actual vs. prior year results on a consolidated or segment level for the primary purpose of improving future forecasts. This analysis will also aid operating companies in understanding their financial results and assist Financial Reporting in SEC reporting.
Develop/manage staff where applicable and serve as an example/advisor/mentor to departmental analysts.
Prepare and make reports to executive management and Board of Directors as assigned or required.
Identify and implement opportunities for process improvement, cost savings and revenue enhancement.
Develop, maintain, and enhance sophisticated financial models, including pro forma income statements, scenario modeling, and sensitivity analyses that evaluate financial outcomes, risks, and key business drivers.
Improve and innovate financial analysis processes by identifying opportunities for greater automation, consistency, accuracy, and efficiency, while translating complex financial and operational data into actionable business insights.
Apply deep utility finance and regulatory expertise, including a strong understanding of FERC formula rates and ratemaking, O&M budgeting, cost allocation, and the financial impacts of operational and investment decisions.
Bring strong analytical judgment and intellectual curiosity, with the ability to work independently, challenge assumptions, solve complex problems, and communicate findings effectively.