Vice President of Finance overseeing financial strategies and operational performance at Kentucky Power. Leading financial planning and partnering with leadership teams in Kentucky.
Responsibilities
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.
Requirements
Bachelor’s degree in accounting, Engineering, Finance, Management or related field; MBA or advanced degree preferred
8+ years of related work experience including 3+ years of management experience leading a team of finance professionals.
Benefits
Competitive Base Salary
Annual Bonus
Long-term Incentive
401K Match
AEP Pension
Comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
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