Fincl Ctrls Bus Analyst Sr/ Prin

Job Posting End Date
04-15-2025
Please note the job posting will close on the day before the posting end date

Job Summary

Responsible for: contract adminstration and analysis, unvouchered liabilities, audit mitigation and reporting, work order administration / analysis, O&M and Capital budget analysis, and administrative support activities to field employees; this position will also participate in process improvement / LEAN initiatives and training.

Job Description

ESSENTIAL JOB FUNCTIONS:

• Provide business and administrative support for: contract requisitions, bid packages, governance, and contract spend analyses; and creation of templates for business processes and tracking.
• Interpret complex contractual language and financial Terms and Conditions to apply to contract reviews; collaborate with T&D Procurement to amend contract language to improve or clarify terms and conditions.
• Coordinate the monthly unvouchered liabilities in accordance with accounting policies and SOX requirements ($2.0 Billion annually); ensure all policies and processes for accruing unvouchered liabilities are in alignment with the AEP Transmission guidelines. Lead the development of efficiencies to record UVLs for uninvoiced vendor services performed. Lead the continuous improvement and monitoring of financial controls to limit missed accruals and duplication of UVL accruals.
• Assist AEP Audit Services with vendor and operational audits to ensure compliance with the contract's financial Terms and Conditions and AEP's policies and guidelines. Develop reports to support mitigation strategies and monitor on a monthly or quarterly basis. Collaborate with field personal to ensure compliance.
• Perform complex work order administration activities, including set up, in-service reporting, and closing; ensure that asset retirements are properly identified for timely processing; resolve errors with Accounting, AEP Transmission Project Management, and AEP Transmission Field Services.
• Coordinate the field administrative support activities (i.e., time reporting, employee expense reporting, work order creation, invoice processing, etc.); Collaborate, develop, and implement standard processes for the administrative support activities.
• Coordinate the preparation, reporting, and analyses of monthly O&M and capital budgets.
• Perform/oversee system administration responsibilities for CAMPS (Contract Administration Management Payment System).
• Participate in process improvement initiatives related to financial and operational processes; participate in LEAN initiatives to reduce expenses or increase revenue for AEP Transmission; Assist with cost and process benchmarking studies both internal and external to AEP to ensure operational excellence. Provide data analytics as required to help manage the business.
• Lead or participate in training initiatives of employees and contractors related to financial and operational processes and related IT applications (e.g., Asset Suite, IPS, EcoSys)
• Lead or participate in special studies or projects as may be assigned.

MINIMUM REQUIREMENTS:

Financial Ctrls Business Analyst Sr:

Education requirements are listed below: Associate or Bachelor's degree in Business, Finance, Accounting, Contract Administration, or related field of study.

Work Experience requirement listed below: Minimum of four years' of experience for candidates with a Bachelor's degree; minimum of six year's of experience.

Experience focused in one of the following areas, accounting, finance, contract administration, budgeting, benchmarking or auditing.

Required License(s)/Certification(s) are listed below: Advanced degree or professional certification in Finance/Accounting is preferred but not required.

Financial Ctrls Business Analyst Prin:

Education requirements are listed below: Bachelor's degree in Business, Finance, Accounting, Contract Administration, or related field of study

Work Experience requirement listed below: Minimum of 6 years' of experience in one of the following areas, accounting, finance, contract administration, budgeting, benchmarking or auditing.

OTHER REQUIREMENTS:

• Travel requirements are expected 10-25% of the time. Physical demand level is Sedentary
• Advanced degree or professional certification in Finance/ Accounting is preferred but not required.
• Experience with Microsoft Office, PeopleSoft Financials, Business Objects, and Ventyx Asset Suite is a plus.
• Qualified professional with demonstrated teamwork capabilities working in a fast-paced environment.
• Strong commercial, analytical, oral/written communication, and presentation skills are required.
• Ability to successfully work with a diverse set of internal and external partners and all levels of the organization.
• Core competencies include: adaptability/flexibility, teamwork/collaboration, communication, and planning/organizing.
• Annual invoice volume: 50,000 invoices for $1.5 Billion; Unvouchered Liabilities for $2.0 Billion; Annual O&M and Capital Budget for $250 Million.
• Less than 25% Travel Required.

Compensation Data

Compensation Grade:

SP20-007

Compensation Range:

$85,081.00-106,352.50 USD

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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. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.