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Vice President, Finance

SouthWestern Electric Power Co

Job Posting End Date05-26-2026Please note the job posting will close on the day before the posting end date.Job SummaryThis position actively manages and directs the financial strategy and performance for the operating company. The VP, Finance is a key advisor and business partner to the Executive Team of the operating company, The VP, Finance leads the development and execution of effective financial planning and operations.The VP, Finance tracks and provides timely decision useful financial information to the management team to support decision making and strategic direction. They will be able to anticipate and react to future business issues and provide early and insightful financial guidance to the organization.The VP, Finance will be responsible for overseeing the FP&A, Business Operations, and other ancillary functions. This person will provide leadership to the Finance team in support of business and operational goals.Job DescriptionJob 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 planPartner closely with VP, Regulatory on financial strategy and impact of all regulatory filings. Participate in regulatory hearings as requiredSupport the regulatory team in preparing necessary financial information for rate cases and other filings including actual and forecast data, regulatory adjustments and supporting schedulesEnsure rigorous business cases are developed for all investmentsOversee disciplined and robust cost management, identify areas of efficiency and work with key leaders to implement changesDirect the O&M and Capital resource allocation in alignment with corporate strategy, financial targets and the regulatory planProvide 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.Minimum Qualifications:Education: Bachelor’s degree in accounting, Engineering, Finance, Management or related field; MBA or advanced degree preferredExperience: 8+ years of related work experience including 3+ years of management experience leading a team of finance professionalsCompensation DataCompensation Grade:SP20-013Compensation Range:$221,489.00 - $287,934.50The 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.Hear about it first! Get job alerts by email. Log in to your Candidate Home Account today! If you don't have an account, you can create one.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. #J-18808-Ljbffr SouthWestern Electric Power Co

Vacancy posted 3 days ago
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