Job Posting End Date
12-24-2024Please note the job posting will close on the day before the posting end date.
Job Summary
Support operating company regulatory activities by managing regulatory accounting data and processes. Position requires the determination of total company revenue requirements utilizing a diverse set of data from many resources across functions. This information is used to determine the rates operating companies use to bill customers for electric service. Position includes interaction and communication with various parties to regulatory proceedings. At the conclusion of regulatory proceedings, requires providing accounting instructions to other accounting departments. Keep accounting management informed about regulatory activities.Job Description
Work Designation -- remote preferably in these states in AEP's service territory: OH, WV, VA, KY, TN, IN, MI, OK, TX, LA, AR. Other states and locales may be considered related to payroll, tax and benefits.
ESSENTIAL JOB FUNCTIONS:
Essential Function: Support Operating Company regulatory activities. Associated Tasks:
- Develop, create, modify, and manage regulatory accounting models for specific regulatory jurisdictions.
- Prepare and coordinate various regulatory schedules and exhibits across functional lines of business.
- Query accounting records.
- Analyze and research accounting transactions.
- Determine total company revenue requirements, rate base, operating income, and cost of capital while considering regulatory jurisdiction variables.
- Tailor presentation of results to operating company Vice Presidents.
- Interact and communicate with various parties in regulatory proceedings, including commission staff.
- Draft written testimony for both direct and rebuttal phases of litigation; occasionally present oral testimony.
- Attend commission meetings.
- Coordinate, participate, and host on-site reviews and/or audits by regulatory commission staff and intervenors.
- Make presentations to commission staff and intervenors.
- Prepare and review responses to interrogatories and coordinate the efforts of others in the accounting department to prepare responses during discovery and rebuttal phases of proceedings.
- Support settlement discussions with financial analysis based on multiple scenarios.
- Support internal and external legal personnel in the preparation and filing of regulatory applications, briefs, proposed findings of fact and orders, motions for rehearing, and appeals as necessary.
- Analyze regulatory legal requirements, commission rules, and develop strategies on compliance as it relates to regulatory accounting activities, including research of other utilities' filings for precedent on individual issues.
- Participate in working groups with commissions and other utilities in establishing or updating minimum filing requirements in individual jurisdictions, as well as developing new legislation applicable to our industry.
Essential Function: Support Operating Company regulatory strategy. Associated Tasks:
- Prepare regulatory analysis as needed by operating companies.
- Analyze financial data involving variables such as total company data, data related to a specific jurisdiction, or data related to a specific investment or a specific expense for a variety of reasons such as to assist with both actual versus budget comparison as well as earnings versus amounts approved in rate filings.
- Consider impact of past commission decisions and incorporating into analysis.
- Inform operating companies of the accounting implications related to certain regulatory initiatives.
Essential Function: Provide accounting instructions to other accounting departments as required from regulatory proceedings. Associated Tasks:
- Research Commission decisions.
- Research generally accepted accounting principles.
- Research Federal Energy Regulatory Commission rules.
- Issue accounting memos.
Essential Function: Inform accounting management about regulatory activities. Associated Tasks:
- Complete regulatory activity portion of issues book.
- Draft and review regulatory accounting disclosures.
MINIMUM REQUIREMENTS:
Education requirements are listed below: Bachelor's degree in accounting or related field.
Work Experience requirement listed below: Minimum five years or three years directly related to regulatory activities.
Required License(s)/Certification(s) are listed below: CPA preferred.
OTHER REQUIREMENTS:
Physical demand level is Sedentary
- Some travel required.
- Overtime expected at times during the processing of cases.
- Strong written and oral communication skills.
- Strong computer skills: accounting software, Microsoft EXCEL, Microsoft WORD.
INITIAL POSITION / BASE SALARY FUNDING: ($94,225 - $122,491). In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual incentive, 401(k), pension, health insurance, vacation, educational assistance, etc.
#LI-REMOTE #AEPCareers
Compensation Data
Compensation Grade:
SP20-008Compensation Range:
$94,225.00-122,490.00 USDCandidates will be considered based on their qualifications and the candidate’s ability to work from an approved work location. Although the location is flexible, AEP does not have a presence in all states and localities. The following locations are NOT currently approved for this position: AK, CA, CO, CT, DE, HI, IA, ID, KS, MA, ME, MS, MT, ND, NH, NJ, NM, NV, NY, OR, RI, SD, UT, VT, WY, US Territories or international work locations. AEP will consider qualified candidates who are willing to relocate to an approved work location, at the candidate’s expense, provided the relocation can be completed within a timeframe that meets AEP’s staffing needs. NOTE: All remote work locations require vetting and final approval prior to offer and/or start date. Any work locations listed as preferred or unapproved relate specifically to the requirements for this position and are not necessarily applicable to other posted positions.
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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 aspects 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, age, national origin, ethnicity, ancestry, veteran or military status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.
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