Job Posting End Date
07-28-2025
Please note the job posting will close on the day before the posting end date.
Job Summary
Supports the O&M and Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and analysis, and the improvement requisition process for a business unit(s), corporate group(s), operating company(ies) and/or for AEP Consolidated. Includes providing support of the related planning, budgeting and reporting applications and the billing/allocation processes. Note: A Sr. budget analyst will be required to support all activities and will typically support multiple groups.
Job Description
Job Posting End Date
07-28-2025
Please note the job posting will close on the day before the posting end date
What You'll Do:
BUDGET ANALYST SR
ESSENTIAL JOB FUNCTIONS:
Support the planning and budgeting activities for the O&M and Capital resource allocation process, including long-range forecasts, detail budgets, re-projections and contingency plans.
Prepare monthly/quarterly variance reports and provide meaningful analysis of drivers.
Prepare ad-hoc reports as needed to support analysis.
Support decisions affecting operation and maintenance activities, capital investment, customer service levels, and profitability objectives.
Assist in routing and approval process for Improvement Requisitions; ensuring that Authorization Policy and IR Procedures are followed.
Engage in developing and improving standardized processes surrounding budgeting, forecasting, reporting, and improvement requisitions.
Perform special studies, analysis, investigations, and assignments as may be required.
Provide assistance in regulatory proceedings related to financial matters including information for data requests, developing revenue requirements, special studies for Commissions, etc.
Supports Financial Model issues and works with Financial Forecasting and the opco's/bu's to resolve potential issues.
Salary for SR.
$85,081-$127,621
MINIMUM REQUIREMENTS :
Education requirements are listed below:
Bachelor's degree in Business, Accounting, Finance, or Engineering.
Work Experience requirement listed below:
4 or more years of relevant experience.
OTHER REQUIREMENTS:
Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition These are additional expectations for the job and could include specific work experience, license / certifications, preemployment testing, expectations about travel, shift work, etc.
1.Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred. Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired.
2.This position requires coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries. Familiarity with AEP accounting and use of Chartfields desired.
BUDGET ANALYST PRINCIPLE
ESSENTIAL JOB FUNCTIONS:
Serve as a primary support contact for planning and budgeting activities for the O&M and Capital resource allocation process; including long-range forecasts, detail budgets, re-projections and contingency plans.
Prepare monthly/quarterly variance reports and provide meaningful analysis of drivers and recommend mid-course correction opportunities.
Suggest and prepare ad-hoc reports as needed to support analysis and recommendations.
Participate and make recommendations regarding decisions affecting operation and maintenance activities, capital investment, customer service levels, and profitability objectives.
Assist in routing and approval process for Improvement Requisitions; ensuring that Authorization.
Policy and IR Procedures are followed. In addition, ensure IR's have meaningful business cases.
Lead efforts to improve standardized processes surrounding budgeting, forecasting, reporting, and improvement requisitions.
Perform special studies, analysis, investigations, and assignments as may be required.
Provide assistance in regulatory proceedings related to financial matters including information for data requests, developing revenue requirements, special studies for Commissions, etc.
Supports Financial Model issues and works with Financial Forecasting and the opco's/bu's to resolve potential issues.
Participate in rate case preparation as required.
Salary for Principal
$96,110-$134,550
MINIMUM REQUIREMENTS:
Education requirements are listed below:
Bachelor's degree in Business, Accounting, Finance, or Engineering.
Work Experience requirement listed below :
6 or more years of relevant experience.
OTHER REQUIREMENTS:
Physical demand level is Sedentary
Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition These are additional expectations for the job and could include specific work experience, license / certifications, preemployment testing, expectations about travel, shift work, etc.
Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred. Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired.
This position requires coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries. Familiarity with AEP accounting and use of Chartfields desired.
Compensation Data
Compensation Grade:
SP20-007
Compensation Range:
$85,081.00-106,352.50 USD
The Physical Demand Level for this job is: S - Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.
