Job Summary
Supports O&M and/or Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and analysis, and/or 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 budget analyst will provide more limited support, either in activities performed or in groups supported.Job Description
Budget Analyst (SP20-06)
What you’ll do:
Essential Job Functions & Tasks
- Support the planning and budgeting activities for the O&M and/or Capital resource allocation process; including long-range forecasts, detail budgets, re-projections and contingency plans.
- Prepare monthly/quarterly variance reports.
- Prepare ad-hoc reports as required.
- 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 responding to regulatory and other data requests.
What we’re looking for:
- Bachelors degree in Business, Accounting, Finance or Engineering along with 1 year of relevant experience. Or;
- Associates degree in Business, Accounting, Finance or Engineering along with a minimum of 3 years or relevant experience.
Other preferences:
- Physical demand level is Sedentary
- Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition.
- 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.
Budget Analyst Senior (SP20-07)
What you’ll do:
Essential Job Functions & Tasks
- 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/BU(s) to resolve potential issues.
What we’re looking for:
- Bachelors degree in Business, Accounting, Finance or Engineering along with a minimum of 4 years of relevant experience. Or;
- Associates degree in Business, Accounting, Finance or Engineering along with a minimum of 6 years or relevant experience.
Other preferences:
- 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.
In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
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!
Compensation
$74,551.00 - $109,543.00
