American Electric Power

Project Financial Controls Analyst (Associate - Senior)

LocationColumbus, OH
Job TypeFull-time
Salary$61,647-$77,057

About This Job


Job Posting End Date


05-25-2025

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


Job Summary

The power of AEP comes from our valued team of unique employees….the best in the business! We’re proud to be one of the largest electric energy companies in the U.S., powering over 5 million homes and businesses, spanning across 11 states. We’re passionate about making an innovative difference in the communities we serve. We’re powering the future – today!

Are you a skilled and motivated Project Control Financial Analyst, seeking a new opportunity in the Central Ohio? Join our team today!


Job Description

Under direct supervision, responsible for assisting with invoice processing, unvouchered liabilities management, work order administration, and administrative support activities for project controls functions.


What you’ll do:

Assist with processing vendor invoices for management approval for contract labor and/or material services. Perform invoice audit review per the contract's financial Terms and Conditions for labor and equipment billing rates, subcontractors, materials, Per Diem, escalation, overheads, etc.

Learn to interpret and understand contractual language and financial Terms and Conditions to apply to vendor invoices. Assist with disputing vendor invoices for contractual compliance and interpretation vs. billable items.

Provide material service support which includes obtaining and processing quotes, vendor support, receipting, and tracking. Identify and submit unvouchered liabilities in accordance with accounting policies and SOX requirements.

Learn to ensure all policies and processes for accruing unvouchered liabilities are in alignment with the AEP project guidelines. Assist in developing efficiencies to record unvouchered liabilities for un-invoiced vendor services performed.

Assist in the performance of work order administration activities, including set up, in-service reporting, and closing.

Assist in ensuring that asset retirements are properly identified for timely processing. Resolve errors with Accounting, Project Management, and various other departments within the AEP organization. Provide assistance to ensure that the proper financial controls are in place for accurate project and work order reporting.

Assist in providing business and administrative support for: contract requisitions, bid packages, and governance; and creation of templates for business processes and tracking. Provide support in the preparation, monitoring, and reporting of monthly O&M and capital budgets.

Participate in process improvement initiatives related to financial and operational processes. Develop an understanding of financial and operational processes and related system and software applications.

Develop an understanding of the AEP project management organizational standards and assist in the management of projects to those standards. Adhere to the guidance and standards put forth by the AEP Project Management Governance Committee.

What we’re looking for and what you’ll get:


Project Financial Controls Analyst Associate Grade 5(61,647-77,057)


Project Financial Controls Analyst Grade 6(72,380-90,474.


Project Financial Controls Analyst Grade 7(85081-106353


Education:

Qualified degrees must be in a related field from an accredited university or college and could include Accounting, Business, Construction Management, Engineering, Technology, or Project Management.

With a High School Diploma, a minimum of two (2) years' qualified experience.
No experience required with a qualified associate or bachelor’s degree.


Experience:

Qualified experience includes utility specific operations knowledge/experience with a good working knowledge of work processes and procedures.
Experience should be in design, operations, planning, project management, cost tracking analysis, forecasting, project budgets, working with accounting principles, and/or construction or maintenance of systems and/or equipment.


License/Certifications:

A professional or trade certification is not required at this level.


OTHER REQUIREMENTS:

Travel requirements are expected 10-25% of the time.

Safely and effectively perform light physical duties at various work sites including home and AEP locations in varying conditions.

Experience with Microsoft Office, PeopleSoft Financials, Business Objects, Cognos, and Ventyx Asset Suite Maximo is preferred but not required.

Qualified professional with demonstrated teamwork capabilities working in a fast-paced environment.

Strong commercial, analytical, oral/written communication, and presentation skills are required.

Ability to successfully work with a diverse set of internal and external partners and all levels of the organization.

Core competencies include adaptability/flexibility, teamwork/collaboration, communication, and planning/organizing.

Annual invoice volume: 50,000 invoices for $1.5 Billion; Unvouchered Liabilities for $2.0 Billion; Annual O&M and Capital Budget for $250 Million.

Ability to coordinate multiple base and intermediate projects.

Understand and support the policies, values, principles, structure and behavior of AEP.

For nuclear positions, work performed at nuclear power sites may involve work in hazardous areas and possible radiation exposure within the limits prescribed by the NRC.

In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.


Compensation Data


Compensation Grade:


SP20-005


Compensation Range:


$61,647.00-77,057.50 USD

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.

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