Vice President – Finance
American Electric Power
full-time
Posted on:
Location Type: Office
Location: Ashland • Kentucky • United States
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Salary
💰 $188,524 - $245,080 per year
Job Level
About the role
- Own and direct the operating company's financial strategies and plans as measured by the operating company’s profitability, operating cash flow, forecast accuracy, capital plans, expenses and earnings, etc.
- Lead preparation of the long-range business plan, quarterly forecast and annual operating plan
- Partner closely with VP, Regulatory on financial strategy and impact of all regulatory filings.
- Participate in regulatory hearings as required
- Support the regulatory team in preparing necessary financial information for rate cases and other filings including actual and forecast data, regulatory adjustments and supporting schedules
- Ensure rigorous business cases are developed for all investments
- Oversee disciplined and robust cost management, identify areas of efficiency and work with key leaders to implement changes
- Direct the O&M and Capital resource allocation in alignment with corporate strategy, financial targets and the regulatory plan
- Provide operating company performance measurement reporting, including O&M and Capital variance analyses, identification of risks and opportunities and execute on necessary changes to deliver better financial performance.
- Act as key commercial leader for all business development activities.
- Negotiate and execute all major financial transactions and contracts.
- Key business partner for the broader operating company organization on financial matters.
- Support Operations teams on financial impact of decisions and provide support across the organization as business plans, forecasts and annual plans are developed.
- Be comfortable challenging the business where necessary with a solution-oriented mindset to identify different courses of actions with greater operational and/or financial benefits.
Requirements
- Bachelor’s degree in accounting, Engineering, Finance, Management or related field; MBA or advanced degree preferred
- 8+ years of related work experience including 3+ years of management experience leading a team of finance professionals.
Benefits
- Competitive Base Salary
- Annual Bonus
- Long-term Incentive
- 401K Match
- AEP Pension
- Comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial strategyprofitability analysisoperating cash flow managementforecast accuracycapital planningcost managementvariance analysisfinancial reportingbusiness case developmentfinancial transactions negotiation
Soft Skills
leadershipcollaborationcommunicationproblem-solvingstrategic thinkingsolution-oriented mindsetnegotiationdecision-makingefficiency identificationchallenging the business
Certifications
Bachelor’s degreeMBA or advanced degree