1 VP Regulatory & Finance Job in Ashland, KY
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VP Regulatory & Finance
$191k-265k (estimate)
Full Time | Utilities
2 Weeks Ago
American Electric Power is Hiring a VP Regulatory & Finance Near Ashland, KY
Job Posting End Date06-13-2024
Please note the job posting will close on the day before the posting end date
Job SummaryResponsible for the coordination of Kentucky Power operating company financial and regulatory plans with the relevant central business units / financial units and the execution of such plans. Facilitate the prioritization of planned O&M and Capital expenditures and maximize the recovery of cost through the regulatory process. Coordinate with corporate and central business functions to facilitate O&M and Capital spending plans in alignment with Kentucky Power strategy.
Job Description
Compensation DataCompensation Grade:SP20-012
Compensation Range:$179,444.00-233,276.00 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.
Please note the job posting will close on the day before the posting end date
Job SummaryResponsible for the coordination of Kentucky Power operating company financial and regulatory plans with the relevant central business units / financial units and the execution of such plans. Facilitate the prioritization of planned O&M and Capital expenditures and maximize the recovery of cost through the regulatory process. Coordinate with corporate and central business functions to facilitate O&M and Capital spending plans in alignment with Kentucky Power strategy.
Job Description
- Establish and maintain metrics in support of performance measurement reporting.
- Develop all short and long-term financial plans in a coordinated effort with Corporate Planning and Budgeting for the operating company to identify financial opportunities to enhance financial health of the company.
- Requires extensive internal coordination with the central business units, Corporate, Finance, Accounting, Corporate Planning and Budgeting, Regulatory and executive management in addition to maintaining a visible external focus.
- Oversee and direct Kentucky Power financial strategies and plans as well as regulatory strategies and execution.
- Understand all financial and regulatory issues for Kentucky Power.
- Direct the O&M and Capital resource allocation in alignment with corporate strategy, financial constraints and the regulatory plan.
- Recommend mid-year plan adjustments to achieve target earnings.
- Direct the development of data in support of regulatory filings to maximize returns.
- Participate in regulatory hearings as required.
- Represent the operating company with matters before its regulatory bodies, including customer inquiries, general rule makings, negotiated rate settlements, large customers, etc.
- Provide Kentucky Power performance measurement reporting, including O&M and Capital variance analyses and re-projections required in support of the corporate processes.
- Evaluate, develop and obtain necessary approvals in support of Capital and Lease Improvement Requisitions/Blankets consistent with corporate guidelines and procedures.
- Provide support for the development of economic and load forecasts for the short-term and long-term.
- Develop and make presentations to executive management as required.
- Bachelor degree in Accounting, Engineering, Finance, Management or related field;
- MBA or advanced degree preferred.
- 10 plus years of relevant experience.
Compensation DataCompensation Grade:SP20-012
Compensation Range:$179,444.00-233,276.00 USD
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.
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
$191k-265k (estimate)
POST DATE
06/07/2024
EXPIRATION DATE
07/05/2024
WEBSITE
aep.com
HEADQUARTERS
COLUMBUS, OH
SIZE
15,000 - 50,000
FOUNDED
1906
CEO
NICHOLAS K AKINS
REVENUE
$10B - $50B
INDUSTRY
Utilities
Related Companies
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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