American Electric Power

Director Financial Operations

American Electric Power$160K — $208K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or related field (MBA/CPA preferred)
  • 8+ years of progressive finance/accounting experience, including leadership roles
  • Experience in regulated industries (e.g., utilities, energy) strongly preferred
  • Strong expertise in financial planning, forecasting, and analysis
  • Proven ability to influence and partner with senior business leaders

Responsibilities

  • Lead business unit-level financial planning and management processes for the operating company
  • Oversee development of the annual operating plan and long-term business plans
  • Establish and track key financial metrics and performance indicators
  • Develop and execute financial strategies aligned with business unit objectives
  • Serve as a liaison between the operating company and central finance teams

Benefits

  • Base salary
  • Annual bonus
  • Long-term incentive
  • 401K match
  • AEP Pension
  • Comprehensive benefits package supporting overall employee well-being
Full Job Description
Job Posting End Date
08-14-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

The Director of Financial Operations is a senior leadership role responsible for overseeing business unit financial planning, analysis, and performance management for the operating company. This role partners closely with business unit leaders and central finance and accounting functions to drive financial strategy, ensure accurate reporting, and support regulatory filings and operational decision-making.

Job Description

What You'll Do:

Financial Planning & Analysis
  • Lead business unit-level financial planning and management processes for the operating company
  • Oversee development of the annual operating plan and long-term business plans
  • Lead forecasting, reforecasting, and variance analysis (actuals vs. budget)
  • Establish and track key financial metrics and performance indicators
  • Provide strategic insights to support financial performance and operational decisions


Financial Strategy & Performance Management
  • Develop and execute financial strategies aligned with business unit objectives
  • Lead scorecard development and performance reporting
  • Drive financial discipline and accountability across business units
  • Lead the evaluation of cost-benefit analysis in support of operational decisions and performance
  • Direct the team responsible for business unit work order processing


Business Partnership & Leadership
  • Serve as a liaison between the operating company and central FP&A, Accounting, and Finance teams
  • Partner with business unit leaders (Generation, Nuclear, Distribution, Transmission) to optimize and manage work plans and implement best practices
  • Collaborate cross-functionally to align financial priorities with operational goals


Regulatory Compliance
  • Partner with Regulatory teams to support filing strategy, financial analysis, and execution
  • Provide financial testimony and witness support as needed in regulatory proceedings


What We're Looking For:

Education & Experience
  • Bachelor's degree in Finance, Accounting, or related field (MBA/CPA preferred)
  • 8+ years of progressive finance/accounting experience, including leadership roles
  • Experience in regulated industries (e.g., utilities, energy) strongly preferred


Skills & Competencies
  • Strong expertise in financial planning, forecasting, and analysis
  • Advanced financial modeling and analytical capabilities
  • Proven ability to influence and partner with senior business leaders
  • Strong leadership, communication, and stakeholder management skills
  • Partner effectively with operational leaders and front-line employees to develop deep knowledge of business unit operational strategy


Leadership Expectations
  • Demonstrates strategic thinking and business acumen
  • Drives results with a focus on accountability and execution
  • Builds strong partnerships across functions and business units
  • Leads with integrity and fosters a high-performance culture


Where You'll Work:
  • On-Site in the Indiana Michigan Power in Fort Wayne, IN


What You'll Get:
  • 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.


Compensation Data

Compensation Grade:

SP20-011

Compensation Range:

$160,434.00 - $208,565.50

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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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at American Electric Power.

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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