Budget Analyst

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.

• 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.

Bachelor’s degree in Business, Accounting, Finance or Engineering along with 1 year of relevant experience. Or an associate’s degree in the same fields with a minimum of 3 years of relevant experience.

• Physical demand level is sedentary.
• Key competencies: 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), corporate finance, operating company finance, or an engineering related field is preferred.
• Knowledge of UI budgets, People Soft, Microsoft Office, and Business Objects relational database reporting desirable.
• Coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory; requiring cross‑functional collaboration.
• Familiarity with AEP accounting and use of chart fields desired.

Compensation: $74,551 – $99,401 per year. In addition to competitive compensation, AEP offers a comprehensive benefits package supporting overall employee well‑being.

Job requires sedentary work: exerting up to 10 pounds of force occasionally, with frequent light tasks, minimal walking or standing.

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.