Project Cost Analyst Associate- Project Cost Analyst Senior

Description

The Project Cost Analyst role supports Project Managers by coordinating cost analysis and controls across multiple projects. Responsibilities include overseeing cost reporting, monitoring budgets, and ensuring accurate financial representation of intermediate‑level projects under supervision.

Key duties involve entering budgets into AEP corporate systems, providing forecast updates, performing variance analysis, and tracking key performance indicators. The analyst also creates work orders, collaborates with external contractors and vendors, supports SOX verification, prepares budget and cash‑flow forecasts, conducts estimate‑vs‑actual analyses, and maintains project system records such as unvouchered liabilities.

• Enter and maintain project budgets in corporate systems.
• Generate and update cost forecasts and perform variance analysis.
• Track and report key performance indicators (KPIs) for scope, schedule, and cost performance.
• Create and manage work orders, coordinating with contractors and vendors.
• Support Sarbanes‑Oxley (SOX) compliance and annual budgeting processes.
• Conduct estimate‑versus‑actuals analysis and develop work breakdown structures.
• Maintain project records, including unvouchered liabilities and system updates.
• Communicate budgetary information to internal and external stakeholders.
• Provide training and guidance to junior staff and recommend process improvements.
• Meet education and experience requirements based on Associate, Analyst, or Senior level.
• Adhere to AEP’s project management governance and safety standards.

Requirements

Qualifications vary by level. An Associate‑level analyst may enter with a qualified associate’s or bachelor’s degree, or with a high school diploma plus two years of relevant experience. The Analyst level requires a bachelor’s degree plus one year of experience or an associate’s degree with three years; the Senior level demands four years of experience with a high school diploma, six years with an associate’s degree, or four years with a bachelor’s degree. Relevant fields include Accounting, Business, Construction Management, Engineering, Technology, or Project Management, and candidates should have utility‑specific operations knowledge and experience with cost tracking, forecasting, and budgeting.

• Possess a degree in Accounting, Business, Engineering, Construction Management, Technology, or Project Management.
• Utility operations experience and familiarity with accounting principles are required.
• Certification (e.g., PMP, CCMP) is preferred for senior or principal levels.

Benefits

The position is on‑site in New Albany, Ohio, with a salary range of $80,000‑$115,000 and a comprehensive benefits package. AEP emphasizes a customer‑first culture, equal employment opportunity, and a commitment to a safe, reliable, and innovative energy future.

• Work on‑site in New Albany, OH with a salary of $80K‑$115K and full benefits.

Training + Development

Interview process

Visa Sponsorship

Security clearance