Budget Analyst - Budget Analyst Prin. at American Electric Power

Roanoke, Virginia, United States

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Utilities, EnergyIndustries

Bachelor's degree in Business, Accounting, Finance, or Engineering with 1 year of relevant experience (Budget Analyst), or Associate's degree in Business, Accounting, Finance, or Engineering with 3 years of relevant experience
Physical demand level: Sedentary
Key competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing, Understanding the Business and Competition
Preferred: Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), Corporate Finance, Operating Company finance, or engineering-related field
Desired: Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting
Requires coordination across corporate finance, planning & budgeting, accounting/tax, commercial operations, generation, transmission, and regulatory functions
Desired: Familiarity with AEP accounting and use of Chartfields

Support planning and budgeting activities for O&M and/or Capital resource allocation, including long-range forecasts, detail budgets, re-projections, and contingency plans
Prepare monthly/quarterly variance reports (Sr. level: with meaningful analysis of drivers)
Prepare ad-hoc reports as required/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 Authorization Policy and IR Procedures are followed
Engage in developing and improving standardized processes for budgeting, forecasting, reporting, and improvement requisitions
Perform special studies, analysis, investigations, and assignments as required
Provide assistance in responding to regulatory and other data requests (Sr. level: including regulatory proceedings related to financial matters, developing revenue requirements, special studies for Commissions)
Support Financial Model issues and work with Financial Forecasting and OPCO/BU(s) to resolve potential issues (Sr. level)