Job Posting End Date
11-07-2026
Please note the job posting will close on the day before the posting end date.
Job Summary
Responsible for the oversight of the financial controls and contract management for AEP Transmission and the business services support functions for the Transmission Field Services (TFS) organization. Management oversight activities include: budget management, contract administration and analysis, LEAN and process improvements, training, data analytics and analyses, and administrative support to ensure prudent spending and the integrity of financial and operational data.
Job Description
What you’ll do:
- Oversee the vendor invoice review and approval process for complex contract labor and services, ensuring Financial Controls Business Analysts perform appropriate audit reviews of invoices against contractual financial Terms and Conditions, including labor and equipment billing rates, subcontractors, materials, Per Diem, escalation, overheads, and other applicable provisions. Provide guidance on the interpretation of complex contractual and financial terms, review significant exceptions and disputes, and ensure vendor billing issues are appropriately identified, documented, escalated, and resolved in accordance with contract requirements.
- Oversee financial control processes supporting accurate project and work order reporting for Operating Companies, Transcos, and Joint Ventures. Ensure Financial Controls Business Analysts appropriately monitor, review, and address financial control matters affecting subsequent financial transactions, including GLBUs, Accounts, AFUDC, Depreciation, Original Cost Asset Retirements, and related financial activities. Monitor the effectiveness of established controls and ensure identified issues are addressed in a timely manner.
- Lead and oversee process improvement initiatives related to financial and operational processes, including LEAN initiatives intended to reduce expenses, increase revenue, and improve operational effectiveness for AEP Transmission. Establish priorities and provide direction to Financial Controls Business Analysts participating in improvement efforts, benchmarking studies, and data analytics, ensuring analyses are accurate, relevant, and actionable. Review results, identify opportunities for improvement, and promote consistent implementation of effective financial control practices.
- Provide leadership and oversight for training initiatives related to financial and operational processes and associated IT applications. Ensure Financial Controls Business Analysts receive appropriate training, guidance, and ongoing development necessary to effectively execute assigned financial control responsibilities. Identify training needs, promote consistent application of processes and controls, and support the development and maintenance of effective training materials and practices.
- Coordinate and oversee support provided to AEP Audit Services for vendor and operational audits, ensuring Financial Controls Business Analysts provide accurate, complete, and timely documentation and analysis. Review significant audit findings and compliance matters involving contractual financial Terms and Conditions, AEP policies, and applicable guidelines, and ensure appropriate corrective actions and follow-up activities are assigned, monitored, and completed.
- Lead and oversee special studies, reporting activities, automation initiatives, and other assigned projects. Establish priorities and expectations for Financial Controls Business Analysts, assign responsibilities as appropriate, monitor progress and quality of work, remove barriers, and ensure deliverables are completed accurately and timely. Identify opportunities to leverage automation, analytics, and process improvements to strengthen financial controls and increase organizational efficiency.
- Oversee the identification, review, and recording of unvouchered liabilities in accordance with applicable accounting policies, SOX requirements, and AEP Transmission guidelines. Ensure Financial Controls Business Analysts appropriately identify and submit accruals for un-invoiced vendor services, perform necessary reviews, and comply with established policies and procedures. Monitor the effectiveness of financial controls surrounding unvouchered liabilities and direct continuous improvement efforts designed to reduce missed accruals, prevent duplicate accruals, and improve the accuracy and efficiency of the accrual process.
What we’re looking for:
Note: This position is posted at multiple grade levels and offers a range of opportunities for advancement. The minimum qualifications outlined below apply to the Staff level, with increased educational, skill or experience requirements for higher level
Financial Controls Business Analyst Staff SG9
Education:
- Bachelor’s degree in business, Finance, Accounting, Contract Administration, or related field of study.
Experience:
- 8 years' of experience in one or more of the following areas: accounting, finance, contract administration, contract analysis, invoice processing, budgeting, benchmarking or auditing.
Required License(s)/Certification(s):
- Advanced degree or professional certification in Finance/Accounting is preferred.
In addition:
- Physical demand level is Sedentary
- Advanced degree or professional certification in Finance/ Accounting is preferred but not required.
- Experience with Microsoft Office, PeopleSoft Financials, Business Objects, and Ventyx Asset Suite is a plus.
- 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.
- Less than 25% Travel Required.
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.
Where Putting the Customer First Powers Everything We Do
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
American Electric Power (On-Site)
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Compensation Data
Compensation Grade:
SP20-009
Compensation Range:
$116,255.00 - $177,503.00
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.
