VP, Finance - Nuclear Development

American Electric Power • Columbus, OH

4d • Onsite

About The Position

This position leads and owns the development and execution of Nuclear Development’s financial plans, monitoring and reporting of financial performance, and financing activities. This role tracks and provides timely decisions and useful financial information to the Executive Team and other leaders in Nuclear Development, to support decision making and strategic direction. The VP Finance, Nuclear Development will be able to anticipate and react to future business issues and provide early and insightful financial guidance to the organization.

Requirements

• Bachelor’s degree in accounting, Engineering, Finance, Management or related field
• 10+ years of related work experience.
• 4+ years of management experience leading a team of finance professionals

Nice To Haves

• MBA or CPA preferred

Responsibilities

• Own and direct Nuclear Development’s financial strategies and plans as measured by Nuclear Development’s profitability, operating cash flow, forecast accuracy, capital plans, expenses and earnings, etc.
• Lead preparation of the long-range and annual financial plan and quarterly forecasts.
• Partner closely with Nuclear Development CFO, President and applicable OpCo VPs of Regulatory on financial strategy and impact of all regulatory filings.
• Participate in regulatory hearings as required.
• Support the regulatory and OpCo teams as applicable in preparing necessary financial information for rate cases and other filings including actual and forecast data, regulatory adjustments and supporting schedules.
• Ensure rigorous business cases are developed for all investments.
• Oversee disciplined and robust cost management, identify areas of efficiency. and work with key leaders to implement changes.
• Direct the O&M and Capital resource allocation in alignment with corporate strategy, financial targets and the related OpCo regulatory plan
• Provide Nuclear Development performance measurement reporting, including O&M and capital variance analyses and cash flow needs, identification of risks and opportunities and execute on necessary changes to deliver better financial performance.
• Act as key commercial leader for all business development activities.
• Support the negotiation and execution of major financial transactions and contracts.
• Key business partner for the broader Nuclear Development organization on financial matters.
• Support Operations and Project Development teams on financial impact of decisions and provide support across the organization as business plans, forecasts and annual plans are developed.
• Be comfortable challenging the business where necessary with a solution-oriented mindset to identify different courses of action with greater operational and/or financial benefits.
• Effectively partner with AEP Treasury and the Nuclear Development CFO on capital raising activities, rating agencies relationships and requests, and investment bank relationships.

Benefits

• Base salary
• Annual bonus
• Long-term incentive
• 401K match
• AEP Pension
• Comprehensive benefits package that aims to support and enhance the overall well-being of our employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees