American Electric Power

Budget Analyst Associate - Budget Analyst Sr.

American Electric Power  •  $54k - $110k/yr  •  Fort Wayne, IN (Onsite)  •  1 day ago
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Job Description

Job Posting End Date

10-19-2026

Please note the job posting will close on the day before the posting end date.

Job Summary

Assist with the support of the O&M and/or Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and/or the improvement requisition process for a business unit(s), corporate group(s), operating company(ies) and/or for AEP Consolidated. Includes providing assistance with related planning, budgeting and reporting applications and the billing/allocation processes.

Job Description

Support the O&M and Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and the improvement requisition process for a business unit(s), corporate group(s), operating company(ies) and/or for AEP Consolidated. Includes providing support related to planning, budgeting and reporting applications and the billing/allocation processes.

What you'll do:

  • Support the planning and budgeting activities for the O&M and Capital resource allocation process; including long-range forecasts, detail budgets, re-projections and contingency plans.
  • Prepare monthly and quarterly variance reports
  • Prepare ad-hoc reports as needed to support analysis.
  • Support decisions and analysis affecting operations and maintenance activities, capital investment, customer service, and profitability objections.
  • Assist in routing and approval process for Improvement Requisition; ensuring that Authorization Policy and IR Procedures are followed
  • Engage in developing and improving standardized processes surrounding budgeting, forecasting, reporting, and improvement requisitions.
  • Perform special studies, analysis, investigations, and assignments as may be required.
  • Provide assistance in responding to regulatory and other data requests.
  • Assist in Financial Forecasting process alongside OPCO / Business Units within I&M it relates to Capital and O&M expenditures to resolve any potential issues.

What we're looking for:

Note: This position is posted at multiple grade levels and offers a range of opportunities for advancement. The minimum qualifications outlined below apply to the Budget Analyst Associate level, with increased educational, skill, experience and certification requirements for higher levels of Budget Analyst.

Budget Analyst Associate - Grade 4

Minimum Requirements

  • Bachelor's degree in Business, Accounting, Finance, or Engineering.
  • No experience necessary.

Other Requirements:

  • Physical demand level is Sedentary
  • Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition
  • Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred. Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired.
  • This position requires coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries.
  • Familiarity with AEP accounting and use of Chartfields desired.

Budget Analyst - Grade 6

Minimum Requirements

  • Bachelor's degree in Business, Accounting, Finance or Engineering along with 1 year of relevant experience. Or;
  • Associates degree in Business, Accounting, Finance or Engineering along with a minimum of 3 years or relevant experience.

Other Requirements:

  • Physical demand level is Sedentary
  • Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition.
  • Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred. Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired.
  • This position requires coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries. Familiarity with AEP accounting and use of Chartfields desired.

Budget Analyst Sr. - Grade 7

Minimum Requirements

  • Bachelor's degree in Business, Accounting, Finance or Engineering along with a minimum of 4 years of relevant experience. Or;
  • Associates degree in Business, Accounting, Finance or Engineering along with a minimum of 6 years or relevant experience.

Other Requirements:

  • Key Competencies: Communication, Teamwork, Initiative, Adaptability/Flexibility, Client Focus, Creativity, Planning/Organizing and Understanding the Business and Competition These are additional expectations for the job and could include specific work experience, license / certifications, preemployment testing, expectations about travel, shift work, etc.
  • Prior experience in a functional Business Unit (Generation, Transmission, or Distribution), and/or Corporate Finance and/or Operating Company finance, and/or engineering related field is preferred. Knowledge/utilization of UI Budgets, PeopleSoft, Microsoft Office, and Business Objects relational database reporting desired.
  • This position requires coordination with corporate finance, corporate planning & budgeting, accounting/tax, commercial operations, generation and transmission, regulatory, requiring the incumbent to work across functional boundaries.
  • Familiarity with AEP accounting and use of Chartfields desired.

Preferred Skills: Prior experience or strong demonstrated knowledge of PowerBi, Excel, Data Reporting via Systems, and Variance Analysis with prior utility company experience.

What you'll get:

In addition to base salary, AEP offers competitive total rewards including: discretionary annual/long-term incentives, 401(k), pension, health insurance, vacation, educational assistance, etc.

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!

Compensation Data

Compensation Grade:

SP20-004

Compensation Range:

$54,063.00 - $109,543.00

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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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.

American Electric Power

About American Electric Power

Our team at American Electric Power is committed to improving our customers' lives with reliable, affordable power. We are investing $54 billion from 2025 through 2029 to enhance service for customers and support the growing energy needs of our communities. Our nearly 16,000 employees operate and maintain the nation's largest electric transmission system with 40,000 line miles, along with more than 225,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 29,000 megawatts of diverse generating capacity. We are focused on safety and operational excellence, creating value for our stakeholders and bringing opportunity to our service territory through economic development and community engagement. Our family of companies includes AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. AEP is headquartered in Columbus, Ohio. For more information, visit aep.com.

Industry
Energy & Utilities
Company Size
10,000+ employees
Headquarters
Columbus, OH
Year Founded
Unknown
Website
aep.com
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