Financial Controls Business Analyst Senior

Financial Controls Business Analyst Senior SG7

Responsible for contract administration 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.

What you'll do :

• Process complex vendor invoices for management approval for contract labor and services. Perform invoice audit review per the contract's financial Terms and Conditions for labor and equipment billing rates, subcontractors, materials, Per Diem, escalation, overheads, etc. Interpret and understand complex contractual language and financial Terms and Conditions to apply to vendor invoices and contract reviews, dispute vendor invoices for contractual compliance and interpretation.
• Interpret complex contractual language and financial Terms and Conditions to apply to contract reviews; collaborate with Procurement to amend contract language to improve or clarify terms and conditions.
• Prepare and assist newer team members with monthly unvouchered liabilities in accordance with accounting policies and SOX requirements; ensure all policies and processes for accruing unvouchered liabilities are in alignment with the AEP Transmission guidelines. Assist with the development of efficiencies to record UVLs for un-invoiced vendor services performed.
• 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 personnel to ensure compliance.
• Participate in process improvement initiatives related to financial and operational processes; participate in 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 reporting initiatives within Financial Controls.
• Lead and assist in training and onboarding of new team members including UVLs, Invoicing, CAA, vendor support, etc.
• Lead or participate in special studies or projects as may be assigned. This includes development of dashboards, reports, presentations, organization projects, streamlining projects, etc.

What we're looking for :

Financial Controls Business Analyst Senior SG7

Where you'll work :

This role sits on site in New Albany, Ohio.

What you'll get :

Financial Controls Business Analyst Senior SG7 ($85,081-$106,353)

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.

Where Putting the Customer First Powers Everything We Do At AEP, we're more than just an energy company we're a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!

American Electric Power (On-Site) $85K- $106K / Year #LI-Onsite #AEPCareers Compensation Data Compensation Grade : SP20-007 Compensation Range : $85,081.00-106,352.50 USD 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.