Financial Analyst (Electric Utility)

Entry Level Financial Analyst

Hiring multiple positions in Columbus, OH or Tulsa, OK areas!

Entry level financial analyst position willing to learn the electric utility industry and associated financial nuances. A successful candidate will aspire through training and active learning to become an electric utility regulatory professional who possesses a basic understanding of business principles and with an expanding financial and regulatory knowledge for the business functions supported, and to obtain proficiency in the application of theory to analyze and solve straight-forward problems with support, guidance, and direction from higher level personnel. Develops an understanding of the fundamentals of regulated state electric cost of service and ratemaking standards, concepts, systems, and business processes relevant to work assignments. Through training and directed task execution, acquire knowledge of developments, procedures and current events affecting state regulatory activity, and perform routine assigned analyses and tasks to support the implementation of necessary changes. Through work experiences, builds regulatory knowledge to understand the interrelationships between cost drivers and revenue.

What You'll Do :

• Learn the basics of ratemaking in the eleven AEP state utility jurisdictions.
• Assists in the assembly of basic data to support electric cost recovery and rate case filings.
• Assist in the preparation of the following, as related to the applicable function : cost-of-service studies, load research, computerization support, special contracts, and technical papers.
• Conducts research and supplies information as requested through the assistance of more senior team members.
• Accomplish assigned project and process work according to the plan and schedule established by higher-level employees.
• Assists higher-level employees in limited preparation of technical reports, papers, testimony, discovery requests, financial reporting, etc.
• Perform assigned tasks to develop problem solving and decision-making in area of specialization.
• Develops, through assigned work, a basic knowledge of regulatory matters for the applicable regulatory function performed.
• Regulatory matters include, but are not limited to : economic and legal foundations of regulation; the federal and state regulatory commission structures, processes, and roles; utility ratemaking and rate design; Independent System Operators (ISOs), Regional Transmission Organizations (RTOs), and competitive wholesale markets; industry restructuring and deregulation; federal reliability compliance obligations; federal and state environmental compliance; and current legislative and regulatory policy issues impacting electric utilities.
• Support the preparation and presentation of complex regulatory subjects and strategies to management and / or regulatory bodies.

What We're Looking For :

Education / Experience :

Bachelor's degree from an accredited college or university OR Associate's degree from an accredited college or university AND 4 years relevant field, operations or analytical experience OR High School diploma or GED AND 6 years relevant field, operations or analytical experience.

Other Must Haves :

Proficiency with spreadsheets is required.

Proficient oral and written communication skills.

Willingness for public speaking

Must possess analytical problem-solving skills.

Required to work infrequent mandatory "on-call" requirements over weekends, holidays, vacations, etc. as necessary to meet regulatory requirements, including filing dates required by the Company or as imposed by an applicable regulatory.

Occasional travel will be required, such as to attend or testify at hearings, to support witnesses at hearings, to participate in Commission Staff and / or stakeholder meetings / events, to advocate the Company's position in various federal, regional, or state venues, to attend training, etc.

Where You'll Work :

On-Site in the AEP Headquarters in Columbus, OH or Tulsa General Office in Tulsa, OK

What You'll Get :

Base Salary between $62,000 - $80,000 based on experience and skill set

Annual bonus

Comprehensive benefits package that aims to support and enhance the overall well-being of our employees.

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!