American Electric Power

Budget Analyst Sr - Budget Analyst Staff

American Electric Power$87K — $151K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Accounting, Finance or Engineering and 4+ years relevant experience or Associates degree with 6+ years relevant experience.
  • Experience in a Business Unit (Generation, Transmission, Distribution), Corporate Finance, or engineering is preferred.
  • Familiarity with budgeting and reporting systems, especially UI Budgets and PeopleSoft, is desired.
  • Proficient in Microsoft Office and Business Objects relational database reporting is advantageous.
  • Strong competencies in communication, teamwork, adaptability, client focus, and planning.

Responsibilities

  • Support planning and budgeting for O&M and Capital resource allocation, including forecasting and contingency plans.
  • Prepare and analyze monthly/quarterly variance reports to identify financial drivers.
  • Create ad-hoc reports to aid financial analysis and decision-making.
  • Assist in the routing and approval of Improvement Requisitions according to policy.
  • Enhance standardized processes for budgeting, reporting, and forecasting.
  • Perform special studies and analyses as needed for various stakeholders.
  • Assist with regulatory proceedings, providing financial data and analysis for Commissions.

Benefits

  • Comprehensive benefits package aimed at enhancing employee well-being.
  • Opportunity to work in a collaborative environment across functional boundaries.
  • Professional development and training opportunities.
  • Potential for involvement in high-impact financial decisions within the organization.
  • Access to supportive tools and resources for effective budgeting and financial forecasting.
Full Job Description
Job Posting End Date
09-19-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

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.

Job Description

Job Posting End Date

09-19-2026

Please note the job posting will close on the day before the posting end date.

What You'll Do:
  • 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/BU(s) to resolve potential issues.


What We're Looking For:

Bachelors degree in Business, Accounting, Finance or Engineering along with a minimum of 4 years of relevant experience. Or;

Associates degree in Business, Accounting, Finance or Engineering along with a minimum of 6 years or 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.

Where You'll Work:

Shreveport, LA

What You'll Get For A Budget Analyst Sr:

$87,633 - $131,453

What You'll Get For A Budget Analyst Prin:

$98,993 - $158,383

What You'll Get For A Budget Analyst Staff:

$116,255 - $186,010

In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.

Compensation Data

Compensation Grade:

SP20-007

Compensation Range:

$87,633.00 - $151,132.50

The Physical Demand Level for this job is: S - Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) 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.

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About American Electric Power

American Electric Power generates, transmits, and distributes electricity, serving residential, commercial, and industrial customers nationwide. AEP serves millions of customers across 11 states. It operates in the generation, transmission, and distribution of electricity, providing power to residential, commercial, and industrial customers. AEP generates electricity using diverse sources, including coal, natural gas, nuclear, and renewable energy like wind and solar. The company maintains a vast transmission network that delivers electricity from power plants to local distribution systems, ensuring a stable and reliable power supply. AEP is actively involved in renewable energy initiatives, investing in wind farms and solar facilities to diversify its energy portfolio and reduce its environmental impact. Additionally, the company engages in community outreach, supporting education, environmental conservation, and various social initiatives.

American Electric Power Careers

Join the dynamic team at American Electric Power (AEP), one of the largest electric utilities in the United States, and ignite your career with a company known for its commitment to innovation and leadership in the energy sector.

Opportunities Await

At AEP, we offer a multitude of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking an entry-level position or a more senior role, our diverse range of employment options ensures that there's a place for every ambitious individual in our team.

Grow and Innovate

Embark on a journey of growth and professional development with AEP. Our company is at the forefront of the energy industry’s transformation, integrating sustainable and innovative practices that not only lead the market but also contribute to a greener planet. Engage in work that challenges the status quo, pushing the boundaries of what is possible in the energy sector.

Culture and Benefits

AEP is dedicated to fostering a culture of diversity and inclusion, where every team member’s contribution is valued. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. From comprehensive health benefits to professional development programs and diversity training, AEP ensures that our team is equipped for both personal and professional success.

Internship Programs

Kickstart your career with an AEP internship. Our programs provide invaluable industry experience and networking opportunities that pave the way for future employment. Interns at AEP work on real projects, learn from seasoned professionals, and gain the hands-on experience necessary to succeed in the fast-paced world of energy.

Leadership and Development

Leadership at AEP means more than guiding teams – it involves inspiring change and driving innovation. With leadership development programs, employees are prepared to take on challenging roles that shape the future of the company and the industry. Our focus on leadership and continuous improvement creates an environment where ambitious professionals can thrive.

Join Our Team

Explore the career possibilities at American Electric Power today. Search open positions that match your skills and interests. We are constantly hiring new talent and look for passionate, curious, and solution-driven team players. Prepare your resume, ace the interview, and join a company where your career can flourish.

Stay Connected

Keep up to date with the latest at AEP by following our careers blog. Gain insider perspectives, industry-leading insights, and career tips that you can put to use today—all from the people who work here.

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Explore American Electric Power Jobs

Whether you're a seasoned professional or new to the industry, AEP offers a dynamic work environment where innovation, leadership, and growth are part of everyday life. Join us in powering a new and brighter future for everyone.
Learn more about American Electric Power
Size
16,688 employees
Market Cap
$48.8 billion
Industry
Net Income
$2.2 billion
Founded
1906
5 Year Trend
+0.5%
Revenue
$14.9 billion
NASDAQ

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