About the role

  • 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.

Job title

Vice President – Finance

Job type

Experience level

Lead

Salary

$188,524 - $245,080 per year

Degree requirement

Bachelor's Degree

Location requirements

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