Vice President of Finance

VP, Finance

This position actively manages and directs the financial strategy and performance for the operating company. The VP, Finance is a key advisor and business partner to the Executive Team of the operating company, The VP, Finance leads the development and execution of effective financial planning and operations. The VP, Finance tracks and provides timely decision useful financial information to the management team to support decision making and strategic direction. They will be able to anticipate and react to future business issues and provide early and insightful financial guidance to the organization.The VP, Finance will be responsible for overseeing the FP&A, Business Operations, and other ancillary functions. This person will provide leadership to the Finance team in support of business and operational goals.

What You'll Do:

• Own and direct the operating company's financial strategies and plans as measured by the operating company's profitability, operating cash flow, forecast accuracy, capital plans, expenses and earnings, etc.
• Lead preparation of the long-range business plan, quarterly forecast and annual operating plan
• Partner closely with VP, Regulatory on financial strategy and impact of all regulatory filings. Participate in regulatory hearings as required
• Support the regulatory team in preparing necessary financial information for rate cases and other filings including actual and forecast data, regulatory adjustments and supporting schedules
• Ensure rigorous business cases are developed for all investments
• Oversee disciplined and robust cost management, identify areas of efficiency and work with key leaders to implement changes
• Direct the O&M and Capital resource allocation in alignment with corporate strategy, financial targets and the regulatory plan
• Provide operating company performance measurement reporting, including O&M and Capital variance analyses, identification of risks and opportunities and execute on necessary changes to deliver better financial performance.
• Act as key commercial leader for all business development activities. Negotiate and execute all major financial transactions and contracts.
• Key business partner for the broader operating company organization on financial matters. Support Operations teams on financial impact of decisions and provide support across the organization as business plans, forecasts and annual plans are developed.
• Be comfortable challenging the business where necessary with a solution-oriented mindset to identify different courses of actions with greater operational and/or financial benefits.

What We're Looking For: Education

• Bachelor's degree in accounting, Engineering, Finance, Management or related field
• MBA or advanced degree preferred

Experience

• 8+ years of related work experience including 3+ years of management experience leading a team of finance professionals

Where You'll Work:

• Appalachian Power in Charleston WV, Roanoke, VA, Richmond, VA, or Columbus, OH

What You'll Get:

• Base Salary
• Annual Bonus
• Long Term Incentive
• 401K
• AEP Pension
• Comprehensive Benefits Package

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:

SP20-013

Compensation Range:

$221,489.00 - $287,934.50

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.

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.