Job Posting End Date 05-13-2024 Please note the job posting will close on the day before the posting end date Job Summary Capital Planning & Budgeting is looking for a Budget Analyst to join our team and assist in the financial planning and analysis of our company. As a Budget Analyst, you will play a crucial role in ensuring our financial stability and success by analyzing and monitoring our budgets, identifying areas for improvement, and provide strategic recommendations. We are looking for an individual with strong analytical skills, excellent communication abilities, and the ability to work effectively with multiple stakeholders. To excel in this role you must be highly organized, detail-oriented, results-driven, have strong problem-solving skills, and be able to work independently with minimal supervision. If this sounds like you, we encourage you to apply and join our team where you can grow your career by gaining exposure to Finance, Regulatory, Accounting, Operating Companies, Business Units (Generation, Distribution, Energy Delivery) and help inform and influence the financial and strategic success of AEP. Job Description ESSENTIAL JOB FUNCTIONS: Support the planning and budgeting activities for the O&M and Capital resource allocation process; including long-range forecasts, detailed budgets, re-projections and contingency plans. Prepare monthly/quarterly variance reports and provide meaningful analysis of drivers for Business Units and Operating Companies. Prepare ad-hoc reports as needed to support analysis. Support decisions affecting operation and maintenance activities, capital investment, timing of cash flows, customer service levels, and profitability objectives. Assist in the 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. Aid in regulatory proceedings related to financial matters including information for data requests, developing revenue requirements, special studies for Commissions, etc. Support Financial Model issues and work with Financial Forecasting and the OPCO's/BU's to resolve any potential problems. MINIMUM REQUIREMENTS: Education: Bachelor's degree in Business, Accounting, Finance, or Engineering. Experience: 4 or more years of relevant experience. OTHER REQUIREMENTS: Preferred talents are: Proficient in Microsoft Office products suites (Excel, Word, PowerPoint, PowerBI and Power Query), familiarity with PeopleSoft, Cognos, Altreyx, UI Budget preferred Communicate effectively and concisely Detail-oriented Ability to work independently Team-oriented Takes initiative/strategic thinker Able to adapt and be flexible Client/Customer focused Planning/Organizational skills Compensation Data Compensation Grade: SP20-007 Compensation Range: $83,413.00-104,267.50 USD Hear about it first! Get job alerts by email. Log in to your Candidate Home Account today! If you don't have an account, you can create one. It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all aspects 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, age, national origin, ethnicity, ancestry, veteran or military status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity. At American Electric Power, we provide more than electricity to our millions of customers - we energize possibilities. We're redefining the future of energy by reducing our carbon footprint, empowering the communities we serve and building an engaged, talented workforce. All while delivering the reliable service our customers expect. It’s an exciting time in the energy industry. Are you ready to be part of it? We’re looking for team members to help create the grid of the future. Learn more about our commitment to creating a supportive, inclusive work culture that values different experiences.