Financial Controls Business Analyst

Job Posting End Date 10-31-2025. The posting will close on the day before the posting end date.

Responsible for invoice processing for complex contracts, unvouchered liabilities, work order administration/analysis, and administrative support activities to field employees. This position will also participate in process improvement/LEAN initiatives and training.

What you’ll do:

• Process complex vendor invoices for management approval for contract labor and services. Perform invoice audit review per the contract’s financial Terms and Conditions for labor and equipment billing rates, subcontractors, materials, Per Diem, escalation, overheads, etc. Interpret and understand complex contractual language and financial Terms and Conditions to apply to vendor invoices and contract reviews, dispute vendor invoices for contractual compliance and interpretation.
• Help ensure that the proper financial controls are in place for accurate project/work order reporting for Operating Companies, Transcos, and Joint Ventures for subsequent financial transactions (e.g. GLBUs, Accounts, AFUDC, Depreciation, Original Cost Asset Retirements, etc.).
• Participate in process improvement initiatives related to financial and operational processes; participate in LEAN initiatives to reduce expenses or increase revenue for AEP Transmission;
  Assist with cost and process benchmarking studies both internal and external to AEP to ensure operational excellence. Provide data analytics as required to help manage the business.
• Assist with training initiatives related to financial and operational processes and related IT applications.
• Assist AEP Audit Services with vendor and operational audits to ensure compliance with the contract’s financial Terms and Conditions and AEP’s policies and guidelines.
• Participate in special studies, reporting, automation initiatives or other projects as may be assigned.
• Identify and submit unvouchered liabilities in accordance with accounting policies and SOX requirements; ensure all policies and processes for accruing unvouchered liabilities are in alignment with the AEP Transmission guidelines. Assist in developing efficiencies to record unvouchered liabilities for un-invoiced vendor services performed. Assist in continuous improvement and monitoring of financial controls to limit missed accruals and duplication of unvouchered liability accruals.

Education:

• Associate or Bachelor’s degree in Business, Finance, Accounting, Contract Administration, or related field of study.

• Experience in one or more of the following areas: accounting, finance, contract administration, budgeting, benchmarking or auditing.

• Experience with Microsoft Office, People Soft Financials, Cognos, Maximo, Power Bi, SQL and Workiva is a plus.
• Qualified professional with demonstrated teamwork capabilities working in a fast‑paced environment.
• Strong commercial, analytical, oral/written communication, and presentation skills are required.
• Ability to successfully work with a diverse set of internal and external partners and all levels of the organization.
• Bring a positive attitude that embraces learning opportunities and change.
• Core competencies include adaptability/flexibility, teamwork/collaboration, communication, and planning/organizing.
• Annual invoice volume: 90,000 invoices for $3.0 Billion and growing;
  Unvouchered Liabilities for $2.0 Billion.

This role sits on site in New Albany, Ohio.

Financial Controls Business Analyst SG5 ($61,647 - $77,056). AEP offers a competitive compensation package and a comprehensive benefits program to support the overall well‑being of employees.

American Electric Power is committed to Equal Employment Opportunity in all respects of the employer‑employee relationship, including recruiting, hiring, upgrading, and promotion, conditions and privileges of employment. AEP’s policies prohibit discrimination on the basis 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, AEP might record certain information.