American Electric Power

Procurement Specialist

American Electric Power • $98K — $128K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business, accounting, finance, supply chain, or related field, or 4 years relevant experience
  • 4 years of experience in contract management, paralegal work, or supply chain
  • Experience in utility, manufacturing, or construction preferred
  • Expertise in contract design and structure
  • Strong analytical, problem-solving, and time management skills

Responsibilities

  • Drafts complex contracts, detailing pricing and terms
  • Modifies existing contracts in collaboration with Legal
  • Provides advisory support for contract development and negotiation
  • Utilizes pricing and cost containment models during contract creation
  • Assists category managers in refining sourcing strategies
  • Aligns transactional services with category strategies through collaboration
  • Works with the Supply Chain COE and business partners to enhance efficiency

Benefits

  • Comprehensive benefits package to support employee well-being
  • Opportunities for professional development and growth
  • Supportive work environment emphasizing collaboration
  • Access to resources for enhancing job satisfaction
  • Flexible work arrangements to accommodate personal needs
Full Job Description
Job Posting End Date
10-11-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

Works autonomously in leading major, high-dollar, complex sourcing or contract development events. Serves as the subject matter expert for assigned categories of large or complex spend, custom requirements, or that support emerging or evolving programs or needs across or within the business units. Serves as a consultant to Category Managers, business units and Procurement Professionals in assigned categories on sourcing or contract development and formation. Writes the business deal and works with representatives of AEP legal, risk, safety, and other areas to secure AEP business interests. Individual shall have the skills to effectively engage business unit leadership and Supply Chain Procurement and Fleet Operations (SCPFO) leadership to accomplish procurement goals.

Job Description

What You'll Do:
  • Writes the summary and details for complex/non-standard contracts, including pricing, performance criteria, service levels, warranties, terms and conditions, and any risk mitigations.
  • Writes modifications to existing complex/non-standard contracts, coordinating with Legal as necessary.
  • Provides advisory support for contract development and negotiations to category managers and procurement professionals, as needed.
  • Applies pricing models, cost containment models, pricing caps, total cost-of-ownership models, and indices during contract development.
  • Supports category managers to refine sourcing strategies for complex spend.
  • Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
  • Collaborates, as needed, with the Supply Chain center of excellence (COE), the Service Center, and business partners on projects and other initiatives to address recurring issues, improve efficiency, and improve satisfaction.

What We're Looking For:

Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field is required; OR 4 years of relevant work experience.

Experience: In addition to any experience required above, 4 years of relevant work experience in contract management, paralegal work, or supply chain experience is required. Experience in the utility, manufacturing, or construction industry preferred.

Preferred Qualifications:
  • Deep understanding of contract design and structure, including terms, language, templates, performance criteria, and other components.
  • Excellent analytical, problem-solving, and time management skills desired
  • Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers
  • Ability to be persuasive and build credibility desired


What You'll Get:In addition to 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:

SP20-008

Compensation Range:

$98,993.00 - $128,688.00

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

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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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