Financial Analyst Staff

American Electric Power•New Albany, OH

3d•$116,255 - $151,133

About The Position

Prepare financial forecasts, variance analyses, regulatory filings, and ad hoc analyses of strategic opportunities. Analyze regulatory and general business strategy and make recommendations. The role may include developing and managing staff, advising and mentoring departmental analysts, preparing reports for executive management and the Board of Directors, and working across corporate functions and operating companies. The position requires extensive coordination with corporate finance, corporate planning and budgeting, accounting and tax, commercial operations, generation and transmission, and regulatory teams. The Financial Analyst Staff supports operating companies in understanding financial results, assists Financial Reporting with SEC reporting, evaluates rate relief needs and prepares rate case materials, and evaluates strategic business opportunities such as acquisitions and divestitures. The role also identifies opportunities for process improvement, cost savings, and revenue enhancement. Familiarity with AEP accounting is desired.

Requirements

Bachelor's degree in Business, Accounting, Finance, or Engineering.
At least 8 years of work experience in the disciplines mentioned in the education requirement.
Effective leadership skills.
Presentation skills.
Proficiency in Microsoft Office, UI Financial Model Programming, PeopleSoft, and Business Objects.
Strategic thinking.
Relationship-building skills.
Teamwork.

Nice To Haves

MBA, CPA, CMA, CIA, PE, CFP, or another professional certification.
Familiarity with AEP accounting.

Responsibilities

Initiate, formulate, and develop assumptions for 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 their financial results and assist Financial Reporting with SEC reporting.
Identify needed rate relief and recommend its timing and amount.
Develop and prepare pro forma rate case data and testimony.
Assist witnesses in preparing testimony.
Serve as a witness in certain fuel or tracker proceedings as required.
Develop and manage staff where applicable.
Serve as an example, advisor, and mentor to departmental analysts.
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 the results.
Identify and implement opportunities for process improvement, cost savings, and revenue enhancement.
Coordinate extensively across corporate finance, corporate planning and budgeting, accounting and tax, commercial operations, generation and transmission, regulatory, and operating companies.