Project Accountant Associate | GENERATION MAJOR PROJECTS - PROJECT CONTROLS

American Electric Power•Columbus, OH

22h•Onsite

About The Position

Responsible for the systems and work order maintenance functions performed for the major construction programs. This position will be located at AEP Headquarters, but may require visits to construction sites. Under limited supervision, perform the more complex and responsible data administration support activities for the Project Accounting Department. These duties include work order setup, contract and PO review, project analysis, in-service reporting, contract line verification and work order/project closure. Perform project cost close-out functions including closing CI's, and work orders and validating final project costs. Track capital improvement activities. Verification of submitted work order and contract line requests for completeness and accuracy in accordance with corporate guidelines and accounting policies. Provide guidance and follow-up to Project Accountants and Cost Analysts on irregularities and abnormal conditions to assure that the noted conditions are properly resolved. Implement all applicable AEP system policies and procedures including Generally Accepted Accounting Principles to ensure that all required accounts, records, methods and procedures are properly maintained.

Requirements

Associate degree in Accounting or Business-related field, or equivalent experience.
One (1) year of general business/accounting work (with Associate's degree).
Two (2) years of significant exposure to a "project management" environment, as cost analyst, project accountant or related cost-control role (without degree).
Working knowledge of and experience with Excel, Word and Business Objects.
Ability to manage multiple priorities and simultaneous projects.
Attention to detail and effective communication skills.
Daily communication with multiple project teams, including, but not limited to Project Managers, Project Cost Control personnel and other Project Accountants.
Additional, regular communication with other AEP personnel responsible or concerned with taxes, purchasing, insurance, accounting, information technology and engineering issues.

Nice To Haves

Knowledge of AEP's power plant facilities and systems including FGDs and SCRs is preferred.
Experience with PMM, PeopleSoft Financials, PowerPlant and AssetSuite.
Experience with Access, PowerPoint, Primavera and work breakdown structures.
Solid understanding of business unit financial and operations systems and databases, as well as some familiarity with AEP's accounting procedures is desired.
Uniform System of Accounts as prescribed by the Federal Energy Regulatory Commission is preferred.
Familiarity with capital removal and retirement, including proper account to be used for regulated and deregulated plants, and identification of retirement units is required to do this job well.

Responsibilities

Work order setup, contract and PO review, project analysis, in-service reporting, contract line verification and work order/project closure.
Perform project cost close-out functions including closing CI's, and work orders and validating final project costs.
Track capital improvement activities.
Verification of submitted work order and contract line requests for completeness and accuracy in accordance with corporate guidelines and accounting policies.
Provide guidance and follow-up to Project Accountants and Cost Analysts on irregularities and abnormal conditions to assure that the noted conditions are properly resolved.
Implement all applicable AEP system policies and procedures including Generally Accepted Accounting Principles to ensure that all required accounts, records, methods and procedures are properly maintained.
Participate in departmental process improvement initiatives.
Promote and enforce the Company's Accident Prevention and Safety and Health programs.