Financial Analyst Staff

American Electric Power•New Albany, OH

About The Position

The Financial Analyst Staff prepares financial forecasts, variance analyses, regulatory filings, and ad hoc analyses of strategic opportunities. The role analyzes regulatory and general business strategy and makes recommendations. It also develops and manages staff where applicable and serves as an example, advisor, and mentor to departmental analysts. The position works across operating companies and corporate functions, coordinating with corporate finance, corporate planning and budgeting, accounting and tax, commercial operations, generation, and transmission. It supports executive management and Board reporting, assists operating companies in understanding financial results, and assists Financial Reporting with SEC reporting.

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 skills.
Ability to coordinate extensively across corporate finance, corporate planning and budgeting, accounting and tax, commercial operations, generation, transmission, and operating companies.

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 and 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, and assist witnesses in preparing testimony.
Serve as a witness in certain fuel or tracker proceedings when 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.
Evaluate corporate business opportunities, including acquisitions and divestitures, and make recommendations based on the evaluations.
Identify and implement opportunities for process improvement, cost savings, and revenue enhancement.