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
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.
Lead construction management bid evaluations across the full project lifecycle, ensuring projects are delivered safely, on schedule, within budget, and in alignment with defined scope and quality standards. The position requires a strong focus on understanding and validating construction inputs, including materials, labor, equipment, quantities, and unit costs, and translating those into reliable cost forecasts and execution plans.
Collaboratively work with contract resources and internal stakeholders to ensure consistency and transparency in scope definition, cost tracking, and reporting, while driving continuous improvement in construction processes, estimating accuracy, and project delivery outcomes.
Oversee financial and operating performance of transmission venture assets.
Promote a cooperative working environment with an emphasis on safety and good utility practice.
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. Master’s degree is preferred.
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.
OTHER REQUIREMENTS:
- 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.
- Strong working knowledge of construction estimating, cost controls, and quantity takeoffs.
- Strong skills in risk identification and mitigation related to construction execution.
- Ability to translate field inputs into commercial and financial impacts.
WHAT YOU'LL GET
Base Salary: approximately $161K - $208K
In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual incentive, 401(k), pension, health insurance, vacation, educational assistance, etc.
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!
AMERICAN ELECTRIC POWER (on-site)
$161K - $208K / Year
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