American Electric Power · 4 days ago
Project Cost Analyst to Project Cost Analyst Sr.
American Electric Power is a dedicated energy company committed to delivering safe and innovative energy solutions. The Project Cost Analyst Sr. will coordinate project cost analysis and controls, oversee cost reporting, monitor project budgets, and work collaboratively with project teams to implement best practices throughout the project lifecycle.
Clean EnergyEnergyEnergy ManagementFinancial Services
Responsibilities
Coordinate project meetings and work with project team members on project activities. Support the PM in the preparation and updating of project documentation and planning
Assist with preparing forecasts of project spending and cash flows, budget variance monitoring, cost tracking/analysis
Depending on business unit needs, provide analysis and verification for Sarbanes Oxley (SOX) activities and assist with providing input to annual budget, capital forecasts, five-year plan and improvement requisitions
Perform estimate vs. actuals analysis.Collaborate with Project Management (PM) and other vested parties to perform variance reporting and/or establish original baseline budgets that are time-phased with dates from the system schedule
Create project breakdown structures
Perform some departmental organizational functions when necessary and as assigned to ensure the smooth operation of project functions. This might include; tracking, analyzing, and verifying information for unvouchered liabilities (UVLs), keeping project system records current and complete, and coordinating the work order process related to a project from creation of the work order through in-servicing and closing
Depending on the business unit assigned, assist in the contracting process. This might include; bidding activities, analysis of cost, cost tracking, etc
Communicate with project team, resources, and other internal and external stakeholders on various budgetary items
Work with others in both supplying information and seeking assistance as necessary
Perform varied assignments demonstrating technical knowledge and analytical techniques to solution of problems or analysis
Apply problem solving skills to resolve technical problems and initiate solution techniques
Develop and compile Key Performance Indicators (KPIs) that are measurable outcomes (scope, budgeting, schedule performance, cost performance, forecasting, etc.)Providing strong teamwork with colleagues, vendors and/or customers and responding to customer/vendor inquiries, resolving work order issues and/or implementing action plans in a fast-paced, results-oriented team
Understand the AEP project/work management organizational standards and assist in the management of projects to those standards
Adhere to the guidance and standards put forth by the AEP Project Management Governance Committee
Provide training and guidance to lower-level employees as appropriate
Recommend improvements that enhance the role, project performance, and AEP's performance in regard to service and product delivery as well as environmental and community stewardship
Depending on the assigned business unit, coordinate work activities of others within work group, team or those external to the company including contractors, vendors as required to resolve routine technical tasks and field work activities
Make decisions and contribute to team decision making and consensus building
Qualification
Required
Bachelor's Degree plus one (1) of qualified experience
Associate's Degree plus three (3) years of qualified experience
High School Diploma or GED plus four (4) years' experience as a Project Cost Analyst Associate
Qualified degrees must be in a related field from an accredited university or college and could include Accounting, Business, Construction Management, Engineering, Technology, or Project
Qualified experience includes utility specific operations knowledge/experience with a good working knowledge of work processes and procedures
Experience should be in design, operations, planning, project management, cost tracking analysis, forecasting, and project budgets, working with accounting principles, and/or construction or maintenance of systems and/or equipment
Demonstrate ability to manage time effectively and efficiently and demonstrate organizational and planning skills, as well an aptitude for accuracy, attention to detail and ability to achieve goals
Demonstrates a basic level of technical knowledge related to writing and verbal communication
Proficient in use of computer and Microsoft Office products including Word, Excel, Outlook and PowerPoint
Team player with ability to work and collaborate well with others
Some travel, including overnight, may be required
Safely and effectively perform light physical duties at various work sites including home and AEP locations in varying conditions
Understand and support the policies, values, principles, structure and behavior of AEP
Availability to work overtime may be required
Demonstrate an attitude and desire to listen to and satisfy both internal and external customers who use and depend upon our work
Preferred
Exposure to corporate accounting and project cost management systems, construction environments, earned value management, and scheduling systems is preferred but not required
Desired Skills - excellent communication, analytical, engaged, proactive, must have a willingness and a want to learn, independent thinker
Experience with Ecosys is desired
Benefits
A unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees
Company
American Electric Power
American Electric Power generates, transmits, and distributes electricity, serving residential, commercial, and industrial customers.
H1B Sponsorship
American Electric Power has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (33)
2024 (14)
2023 (32)
2022 (24)
2021 (15)
2020 (24)
Funding
Current Stage
Public CompanyTotal Funding
$5.03BKey Investors
GRIP ProgramInvenergy
2025-11-25Post Ipo Equity· $3.5B
2023-10-19Grant· $27.8M
2023-08-16Post Ipo Equity· $1.5B
Leadership Team
William Fehrman
President and Chief Executive Officer
Charles E Zebula
Executive Vice President and Chief Financial Officer
Recent News
2026-01-09
The Motley Fool
2026-01-09
Company data provided by crunchbase