Full-Time
American Electric Power
10,001+ employees
Operates electric transmission and distribution systems
Compensation Overview
$96.1k - $124.9k/yr
Senior, Expert
Columbus, OH, USA
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- Bachelor's Degree, preferred majors include accounting, finance, economics, business administration or engineering.
- Four (4) or more years of work experience in the disciplines mentioned in the education requirement for Financial Analyst Sr.
- Six (6) or more years of work experience in the disciplines mentioned in the education requirement for Financial Analyst Prin.
- Presentation Skills.
- Proficient in Microsoft Office, UI Financial Model, PeopleSoft, and Business Objects.
- Ability to communicate clearly, concisely and comfortably with all levels of the organization.
- Strategic Thinking.
- Relationship building.
- Teamwork.
- Adaptability/Flexibility.
- Customer Focus.
- Planning/Organizing Skills.
- Initiate and formulate financial forecasts, in conjunction with operating company personnel, using corporate financial models including the identification of significant strategic issues and alternative and/or contingency plans.
- Perform monthly/quarterly variance reporting and analysis of budget vs. actual results and actual vs. prior year results for the primary purpose of improving future forecasts.
- Identify needed rate relief and make recommendations for the timing and amount. Develop and prepare pro forma rate case data and testimony. Assist witness in testimony preparation. Serve as witness in certain fuel or tracker proceedings, as required.
- Develop special strategic evaluations of corporate business opportunities and assist in making recommendations based upon the results of the evaluations.
- Identify opportunities for process improvement, cost savings and revenue enhancement.
- Assist management in training new analysts.
- Presentation Skills.
- Proficient in Microsoft Office, UI Financial Model, PeopleSoft, and Business Objects.
- Ability to communicate clearly, concisely and comfortably with all levels of the organization.
- Strategic Thinking.
- Relationship building.
- Teamwork.
- Adaptability/Flexibility.
- Customer Focus.
- Planning/Organizing Skills.
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 prioritizes safety and operational excellence while engaging in economic development and community initiatives. Unlike many competitors, AEP has a wide range of subsidiaries, including AEP Ohio and AEP Texas, which allows it to serve various regions effectively. The goal of American Electric Power is to improve the quality of life for its customers by providing dependable energy solutions and fostering community growth.
Company Size
10,001+
Company Stage
IPO
Headquarters
Columbus, Ohio
Founded
1906
Simplify's Take
What believers are saying
- AEP's acquisition of Oregon Clean Energy Center diversifies its energy portfolio.
- Increased investment in grid modernization boosts AEP's efficiency and reliability.
- AEP's focus on cybersecurity strengthens its infrastructure against potential threats.
What critics are saying
- Regulatory delays could impact AEP's acquisition of Oregon Clean Energy Center.
- Transitioning to a diverse energy mix may increase operational costs for AEP.
- Public offering of $2 billion in stock could dilute shareholder value.
What makes American Electric Power unique
- AEP's partnership with Think Power Solutions enhances AI-enabled utility services.
- I&M's Future Ready plan focuses on a diverse energy mix for reliability.
- AEP's recognition as a top employer highlights its strong organizational culture.
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Benefits
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Company News
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
Summarize Analysis: American Electric Power has named Puesh M. Kumar vice president of National Security and Resilience, effective April 9.
COLUMBUS, Ohio, March 26, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Puesh M. Kumar vice president of National Security and Resilience, effective April 9. Kumar will report to Emily Duncan, senior vice president of Federal Affairs, and will be based in the company's Washington, D.C. office.Kumar will be responsible for leading AEP's engagement with federal agencies, state, local, territorial, and tribal (SLTT) communities, and other industry partners on national security, cybersecurity and grid resilience issues facing the electric sector."A resilient grid is essential to the integrity and strength of our communities, the economy and national security," said AEP President and Chief Executive Officer Bill Fehrman. "Puesh brings to this role deep industry experience and demonstrated expertise in energy security planning. We welcome him to the team to continue shaping important stakeholder relationships and policy strategy to create the grid of the future."Kumar currently is the director of the U.S