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American Electric Power
Corpus Christi, TX | Full Time
$152k-183k (estimate)
7 Days Ago
American Electric Power
Corpus Christi, TX | Full Time
$152k-183k (estimate)
7 Days Ago
AEP Texas Company, Inc.
Corpus Christi, TX | Full Time
$134k-173k (estimate)
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AEP Texas Company, Inc.
Corpus Christi, TX | Full Time
$134k-173k (estimate)
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Director Business Operations Suport
American Electric Power Corpus Christi, TX
$152k-183k (estimate)
Full Time | Utilities 7 Days Ago
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American Electric Power is Hiring a Director Business Operations Suport Near Corpus Christi, TX

Job Posting End Date06-28-2024
Please note the job posting will close on the day before the posting end date
Job SummaryResponsible for review, reporting, and analysis of operating company financial results, and coordination of short and long-term financial plans, including facilitation of prioritization of operation and maintenance and capital expenditures consistent with AEP strategy. Coordinates the interface's with other AEP organization's impacting operating company results. Directly supports regulatory activities. Economic analysis of alternative solutions to business opportunities. Responsible for reviewing organizational activities to optimize effectiveness and efficiency and make recommendations for improved performance. Responsible for the oversight of the preparation of operating company direct budgets and variance reporting
Job DescriptionESSENTIAL JOB FUNCTIONS:
  • Responsible for operating company ongoing financial review and analysis and reporting of results relative to financial targets, including net income, return on equity, operation and maintenance expenses, capital expenditures, bond rating metrics, etc.
  • Coordinate operating company interfaces with Generation, Transmission, Distribution, Commercial Operations, Shared Services, Accounting and other groups, including operating company resource allocation of capital and operation and maintenance resources consistent with the Operating Company and AEP's strategies.
  • Directly interface with AEP financial organizations including Corporate Planning & Budgeting, Accounting, and Treasury.
  • Completion of operating company direct budgets and actual versus budget reporting, including coordination with AEP Utilities organization.
  • Support regulatory activities, including expert testimony, and financial review and analysis of case filing and business decisions.
  • Review and approve affiliated company services and billings.
  • Coordinate and review AEPSC shared service agreements and budgets.
  • Review, analyze, and coordinate annual operating company budget and long-range financial forecast; coordinate review of related alternative forecasts, and prepare and report analysis of variances. Coordinate mid-year corrections to spending plans based on operating company and AEP financial and operating performance to date.
  • Monitor financial information including forecasts, income statements, balance sheets, cash flows, bond rating metrics, and provide insight to operating company personnel.
  • Coordinate preparation of annual incentive compensation plan, and ongoing reporting of results.
  • Coordinate with the appropriate field personnel and corporate accounting to ensure proper accounting classification of charges.
  • Ensure operating company adherence to AEP policies and procedures related to financial activities, including internal controls, Requisitions/Blankets, and Capital and Lease Improvements.
  • Coordinate and complete economic analyses of alternative business solutions to determine lowest reasonable costs for customers and reasonable returns for shareholders.
  • Coordinate operating company strategic plan updates and periodic reporting.
  • Develop financial plan for the Operating Company to achieve the goals of the strategic plan.
MINIMUM REQUIREMENTS:
Education requirements are listed below:
  • Bachelor's degree in business, accounting, finance or engineering; MBA and professional certification in finance or accounting preferred.
Work Experience requirement listed below:
  • Minimum of 7 years' experience in business management, financial planning and budgeting, or related experience, including experience in supervisory and management capacity.
  • Regulatory experience with capability to testify as an expert witness preferred.
OTHER REQUIREMENTS:
  • Physical demand level is Sedentary
  • Requires ability to interact with and motivate people at a variety of levels within the context of a matrix reporting structure.
Compensation DataCompensation Grade:SP20-011
Compensation Range:$152,707.00-198,520.00 USD
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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 aspects 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, age, national origin, ethnicity, ancestry, veteran or military status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Utilities

SALARY

$152k-183k (estimate)

POST DATE

06/23/2024

EXPIRATION DATE

06/28/2024

WEBSITE

aep.com

HEADQUARTERS

COLUMBUS, OH

SIZE

15,000 - 50,000

FOUNDED

1906

CEO

NICHOLAS K AKINS

REVENUE

$10B - $50B

INDUSTRY

Utilities

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About American Electric Power

AEP Energy Partners, Inc is an utilities company based out of 325 John H McConnell Blvd, Columbus, Ohio, United States.

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