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Budget Analyst Sr - Budget Analyst Prin

Budget Analyst Sr - Budget Analyst Prin

American Electric PowerShreveport, LA, US
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Budget Analyst Sr

Supports the O&M and Capital budgeting process, reprojections, variance / other standard / ad-hoc reporting and analysis, and 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 Sr. budget analyst will be required to support all activities and will typically support multiple groups.

Essential Job Functions :

  • 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's / bu's to resolve potential issues.

Salary for Sr. : $85,081-$127,621

Minimum Requirements :

  • Education requirements are listed below : Bachelor's degree in Business, Accounting, Finance, or Engineering.
  • Work Experience requirement listed below : 4 or more years of relevant experience.

    • Other Requirements :

    Key Competencies : 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.

    1. 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.

    2. 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 Principal

    Serve as a primary support contact for planning and budgeting activities for the O&M and Capital resource allocation process; including long-range forecasts, detail budgets, re-projections and contingency plans.

    Essential Job Functions :

  • Prepare monthly / quarterly variance reports and provide meaningful analysis of drivers and recommend mid-course correction opportunities.
  • Suggest and prepare ad-hoc reports as needed to support analysis and recommendations.
  • Participate and make recommendations regarding 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. In addition, ensure IR's have meaningful business cases.
  • Lead efforts to improve 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's / bu's to resolve potential issues.
  • Participate in rate case preparation as required.

    • Salary for Principal : $96,110-$134,550

    Minimum Requirements :

  • Education requirements are listed below : Bachelor's degree in Business, Accounting, Finance, or Engineering.
  • Work Experience requirement listed below : 6 or more years of relevant experience.

    • Other Requirements :

    Physical demand level is Sedentary : Exerting up to 10 pounds of force occasionally and / or a negligible amount of force frequently to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

    Key Competencies : 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.

    Compensation Grade : SP20-007

    Compensation Range : $85,081.00-106,352.50 USD

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    Budget Analyst • Shreveport, LA, US