American Electric Power

Vice President of Finance

American Electric Power$221K — $287K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, Engineering, Finance, Management or related field
  • MBA or advanced degree preferred
  • 8+ years of related work experience
  • 3+ years of management experience leading a finance team

Responsibilities

  • Direct the operating company's financial strategies to improve profitability and cash flow
  • Lead the preparation of long-term business plans, forecasts, and annual operating plans
  • Collaborate with VP, Regulatory on financial strategies and filings
  • Support regulatory team with financial data for rate cases
  • Develop robust business cases for investments
  • Oversee cost management and implement efficiency improvements
  • Direct resource allocation to align with corporate and regulatory goals
  • Provide detailed reporting on operational performance and financial risks
  • Lead business development activities and negotiate major financial transactions
  • Support finance-related decision-making across the organization

Benefits

  • Base salary
  • Annual bonus
  • Long-term incentive
  • 401K option
  • AEP pension
  • Comprehensive benefits package
Full Job Description
Job Posting End Date
09-09-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

This position actively manages and directs the financial strategy and performance for the operating company. The VP, Finance is a key advisor and business partner to the Executive Team of the operating company, The VP, Finance leads the development and execution of effective financial planning and operations.
The VP, Finance tracks and provides timely decision useful financial information to the management team to support decision making and strategic direction. They will be able to anticipate and react to future business issues and provide early and insightful financial guidance to the organization.
The VP, Finance will be responsible for overseeing the FP&A, Business Operations, and other ancillary functions. This person will provide leadership to the Finance team in support of business and operational goals.

Job Description

What You'll Do:
  • 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.


What We're Looking For:
Education

  • Bachelor's degree in accounting, Engineering, Finance, Management or related field
  • MBA or advanced degree preferred


Experience
  • 8+ years of related work experience including 3+ years of management experience leading a team of finance professionals


Where You'll Work:
  • Appalachian Power in Charleston WV, Roanoke, VA, Richmond, VA, or Columbus, OH


What You'll Get:
  • Base Salary
  • Annual Bonus
  • Long Term Incentive
  • 401K
  • AEP Pension
  • Comprehensive Benefits Package


Compensation Data

Compensation Grade:

SP20-013

Compensation Range:

$221,489.00 - $287,934.50

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.

Hear about it first! Get job alerts by email. Log in to your Candidate Home Account today! If you don't have an account, you can create one.

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.

Career Alerts

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

Similar Jobs

More Jobs at American Electric Power

More Finance & Insurance Jobs

Find similar Vice President of Finance jobs: