American Electric Power · 1 day ago
Project Cost Analyst Associate- Project Cost Analyst Senior
New Albany, OH
Full-time
Onsite
Entry, Mid, Senior Level
$80K/yr - $115K/yrAmerican Electric Power is a dedicated energy company committed to delivering safe and reliable energy solutions. The Project Cost Analyst Associate role involves coordinating project cost analysis and controls, supporting project managers, and overseeing cost reporting and budget monitoring for multiple projects.
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
No experience required with a qualified Associate's or Bachelor's degree
With a High School Diploma, a minimum of two (2) years' qualified experience
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 Management
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
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
Education requirement is dependent upon experience as indicated below
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
High School Diploma or GED, (4) years' experience as a Project Cost Analyst (grade 006)
With a qualified Associate's degree, (6) years' qualified experience
With a qualified Bachelor's degree, (4) year of qualified experience
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, project budgets, working with accounting principles, and/or construction or maintenance of systems and/or equipment
Preferred
A professional or trade certification such as a CCMP, CETa, IQCP, PMP, RMP, etc. is not required at this level
A certification is required to progress to the Principal (grade 008) level of this job family if you have a high school diploma/GED or non-qualified higher education degree
Otherwise, a certification is preferred at the Principal level
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.
Founded in 1906
10001+ employees
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
MarketScreener
2025-11-26
2025-11-13
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