Full-Time
Financial Reporting Accountant Sr
Posted on 4/30/2025
American Electric Power
10,001+ employees
Operates electric transmission and distribution systems
Compensation Overview
$86k - $106k/yr
Mid
Tulsa, OK, USA + 1 more
More locations: Columbus, OH, USA
- Bachelor's degree in accounting/finance, or business with a concentration in accounting
- Three to five years' experience in accounting or financial reporting
- Prefer CPA or CFA or working towards such certification
- Proficient in Microsoft applications
- Ability to lead others
- Assist in the preparation of SEC and other financial reports, including Forms 10-K, 10-Q, Form 1, and 3Q
- Prepare journal entries to support consolidation process and financial statement preparation process
- Assist in ensuring the accuracy and integrity of financial data for internal and external customers
- Perform analytical review of financial data
- Interpret complex accounting theory
- Interpret and apply accounting regulations and pronouncements
- Keep abreast and stay informed of the latest rules, regulations, and reporting requirements of the SEC, FASB, and Federal Energy Regulatory Commission (FERC)
- Assist in the Edgar and XBRL processes required for SEC filings
- Maintain compliance with Sarbanes-Oxley control processes
- Perform project management activities
- Assist in cultivating positive business relationships between financial reporting and AEP business partners
- MBA preferred
- Experience with business reporting tools preferred
- Competency in written and oral communication
- Detail-oriented with an ability to employ a logical approach to accomplish objectives and solve issues
- Continuous improvement mindset
American Electric Power provides reliable and affordable electricity to 5.6 million customers across 11 states. The company operates the largest electric transmission system in the U.S., with 40,000 miles of transmission lines and over 225,000 miles of distribution lines. AEP generates electricity with a diverse capacity of approximately 29,000 megawatts. The company is investing $54 billion from 2025 to 2029 to enhance its services and meet the growing energy demands of communities. AEP differentiates itself from competitors through its extensive infrastructure and commitment to safety, operational excellence, and community engagement. The goal of American Electric Power is to improve the lives of its customers by providing reliable energy while supporting economic development in the areas it serves.
Company Size
10,001+
Company Stage
IPO
Headquarters
Columbus, Ohio
Founded
1906
Simplify's Take
What believers are saying
- AEP's Future Ready plan focuses on a diverse energy mix for stability.
- AEP's partnership with EverCharge supports fleet electrification initiatives.
- AEP's AI-enabled services contract renewal enhances operational efficiency and safety.
What critics are saying
- AEP faces regulatory hurdles in acquiring the Oregon Clean Energy Center.
- Increased competition in AI-enabled services pressures AEP to innovate.
- Rapid energy demand growth in Indiana may strain AEP's resources.
What makes American Electric Power unique
- AEP is investing $30 million in a new facility in Victoria, Texas.
- AEP operates the largest electricity transmission system in the U.S.
- AEP's diverse energy mix includes 5,600 megawatts of renewable energy.
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Benefits
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Company News
American Electric Power to spend $30 Million to occupy 75,000 square feet of space in Victoria Texas. American Electric Power to spend $30 Million to occupy 75,000 square feet of space in Victoria Texas.Victoria, Texas — According to state and local development sources, American Electric Power plans to invest $30 Million to build out 75,000 square feet of new space in Victoria. The company plans to occupy the new space at 1506 S John Stockbauer Dr in Victoria, on or about December 1, 2026. According to the company website American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEPs approximately 16,800 employees operate and maintain the nations largest electricity transmission system and more than 223,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nations largest electricity producers with approximately 30,000 megawatts of diverse generating capacity, including more than 5,600 megawatts of renewable energy.To learn more about American Electric Power, visit http://aep.com/Company Contact:Nicholas Akins, Chief Executive Officer800-672-2231SOURCE: http://www.intelligence360.ioCopyright (c) 2025 SI360 Inc
AEP competes with other utility giants like Duke Energy and Southern Company, striving to deliver reliable energy solutions.
PLANO, TX / ACCESS Newswire / April 16, 2025 / Think Power Solutions, a leading AI-enabled utility infrastructure solutions provider with an industry-leading safety record, is proud to announce the renewal of its contract with American Electric Power (AEP), one of the nation's largest electric utility companies.
FORT WAYNE, Ind., April 11, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has made a filing with the Indiana Utility Regulatory Commission (IURC) requesting approval of a certificate of public convenience and necessity (CPCN) to acquire the Oregon Clean Energy Center, an existing 870 megawatt (MW) natural gas plant located in Oregon, Ohio.I&M's filing explains the need to acquire the facility, details about the plant, and future operating plans, if approved. Through the CPCN process the IURC will ensure that the proposed plant acquisition is in the public interest and is just and reasonable.The proposal to acquire the Oregon Clean Energy Center and its 870 MW of natural gas-fueled electric generation is one component of I&M's Future Ready plan, which details the resources needed to provide I&M customers reliable and affordable energy today and into the future."I&M has established the need for additional electric generation, and we believe the Oregon Clean Energy Center is an important opportunity to further diversify our current generation portfolio and position I&M for future growth," said Steve Baker, I&M president and chief operating officer. "It is our responsibility to ensure that our current and future customers have reliable and affordable power."I&M is currently navigating an unprecedented time in its history. As the company looks ahead, power demand is expected to more than double the Indiana peak from approximately 2,800 MW in 2024 to more than 7,000 MW in the 2030 timeframe. The rapid growth in energy demand provides an opportunity for I&M to reshape the way it serves current customers and those the company will serve decades into the future.The Oregon facility, if approved, will provide a stable source of power to meet the 24 hours per day x 7 days per week operational requirements of our existing customers and the new customers coming on to the I&M system.I&M's current generation portfolio incorporates a diverse mix of resources, including solar, wind, nuclear, coal and hydroelectric units. The company's vision for the future is to implement an "all of the above" approach to providing a reliable, resilient, and stable electric power system that customers can access affordably.Additional benefits to this approach are that it supports economic development, stable energy costs, and access to new technologies.I&M anticipates a decision from the IURC on the filing in early 2026
FORT WAYNE, Ind., April 1, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, recently submitted its 2024 Integrated Resource Plan (IRP) to the Indiana Utility Regulatory Commission (IURC). I&M's plan outlines the transformation the company is undergoing to meet the evolving energy needs of customers while maintaining reliable and consistent power.The Future Ready Plan supports a resilient grid using a diverse portfolio of generation resources, energy efficiency and demand response programs to provide reliable, affordable energy for I&M customers today and into the future.The plan, which is specific to the state of Indiana, provides a detailed breakdown of future energy needs and how the company will meet customer demand through the 2044 IRP planning period.I&M is required to submit this 20-year IRP every three years to the IURC. I&M will conduct a similar process next year for the company's Michigan service area.The foundation of this plan is based on the evolving energy needs of existing customers. It also takes into account how I&M will serve future customers in a reliable, cost-effective manner. Additional input was considered throughout the IRP process through a Public Advisory Process, which provided opportunities for stakeholders to engage in the process through a series of five workshops. These workshops began in June 2024 and concluded in March 2025."I&M has an opportunity to make a significant impact on the communities we serve by adapting to meet customers' evolving energy needs now and into the future," said Steve Baker, I&M president and chief operating officer