Job Posting End Date
06-03-2025Please note the job posting will close on the day before the posting end date.
Job Summary
Responsible for managing transmission business development and services activities including: lead responsibility for development of regional competitive markets, managing business responsibilities associated with current and potential future ventures, developing and executing annual business plans, strategic recommendations, business tactics, operational and financial improvement, and strategic management and implementation of contractual commitments of AEP transmission ventures and related services., Overall purpose of this position is to enhance shareholder value through identifying and executing on growth opportunities, implementing processes to invest and manage risk, coordinating multi-disciplinary groups (i.e., engineering, design, construction, accounting, tax, finance, cash management) for strategic venture and business development requirements and goals.Job Description
WHO WE ARE
At AEP, we’re more than just an energy company — we’re a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!
WHAT YOU'LL DO
Actively engage and coordinate resources to complete transmission venture contractual requirements, lead and achieve business development objectives, financial reporting, analysis, and fundamentals. A very important component of this work stream is to lead and coordinate with all of AEP's shared services groups the integration for transmission ventures.
Facilitate communication and issue resolution between AEP's corporate departments, external lenders, partners, and project operations manager and transmission project groups. Lead the active and ongoing strategic integration of policy, planning and development work streams to ensure alignment of development objectives with policy positions and opportunities identified.
Lead strategic planning/screening on appropriate projects for transmission business development ventures. Develop project proposal into regional competitive processes, demonstrating best in class operations with well managed risk and business frameworks. Lead contractual negotiations with third party suppliers, working with appropriate corporate departments, to support development opportunities.
Develop projects, plans and programs to improve operation and budgets of the transmission venture assets. Take budget variances from Project Accountant and coordinate with project partners, project managers, and internal corporate departments on developing plans to fix and/or mitigate reasons for variances. Manage regional development budgets for optimum success.
Oversee financial and operating performance of transmission venture assets.
Coordinate work processes under the service agreements for transmission ventures and ensure work processes are being accomplished (i.e., technical, tax, accounting, budgeting and other compliance work streams).
Promote a cooperative working environment with an emphasis on safety and good utility practice.
Consult and advise key joint venture partner's representatives regarding all operational, financial and regulatory matters.
Support other corporate development activities as defined across business units which require integration of cross functional work streams.
WHAT WE'RE LOOKING FOR
Education: Bachelor's degree in finance, business, engineering or related field.
Experience: Minimum of ten (10) years of electric utility or related power experience in business development, corporate strategy, energy marketing, financial analysis, asset management and development. Demonstrated experience with leading cross functional teams, leading the development of successful business proposals, negotiating and developing third-party contracts, regulated and unregulated cost and revenue structures, policy framework and development and risk management will be a positive differentiator. Masters Degree is preferred.
OTHER REQUIREMENTS: These are additional expectations for the job and could include specific work experience, license / certifications, preemployment testing, expectations about travel, shift work, etc.
- Proven oral and written communication skills.
- Detail oriented.
- Strong computer skills including presentation software.
- Knowledge of transmission markets a plus.
- Perceptive market evaluation and project commercialization skills desired.
- Sense of commercial urgency and achievement.
- High degree of commercial innovation desired.
WHAT YOU'LL GET
BASE SALARY: approximately ($156,000 - $202,000/year). In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual and long-term incentives, 401(k), pension, health insurance, vacation, educational assistance, etc.
#AEPCareers
Compensation Data
Compensation Grade:
SP20-011Compensation Range:
$155,761.00-202,490.50 USDThe 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.
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.
