Energy/Gas Settlements Analyst (Mid - Sr.) | COMMERCIAL OPERATIONS

Job Posting End Date

06-27-2026

Please note the job posting will close on the day before the posting end date.

Job Summary

Responsible for performing settlement activities under the guidance of others. Settlement activities could include preparing invoices, communicating with counterparties, reconciling transactional data and settlement results, monitoring and executing contractual and regulatory commitments, properly documenting settlement activities and procedures, and supporting the information needs of other groups within AEP. Responsible for understanding settlement requirements and procedures for execution. Complies with all guidelines and standards, including Sarbannes-Oxley and regulatory accounting policies.

Job Description

WHAT YOU'LL DO

- Enter transaction and billing determinant data into systems.
- Reconcile data between systems under the direction of others.
- Prepare, administer and analyze invoice and allocation results against contractual and regulatory commitments and resolve discrepancies.
- Document desktop procedures and operate settlement systems in compliance with existing desktop procedures, ensuring functions are completed according to defined schedules. Recommend and participate in implementation of process improvements.
- Estimate and actualize revenue, expense, and allocations to operating companies and General Ledger accounts. Assist in analytical review of settlement results.
- Maintain and organize contract files, invoices, audit requests, regulatory documentation and documentation related to the closing cycles.
- Prepare basic schedules, exhibits, and documents to support regulatory filings and request for information.
- Demonstrates understanding of wholesale contracts, regulatory agreements, and RTO settlements.
- Demonstrates understanding of the relationship between application functions and governing agreements. Use pre-existing application functions and reporting tools to provide informational support to financial and operational functions. Develops / enhances reporting tools of limited complexity.
- Participates and provides support to management for special projects.

WHAT WE'RE LOOKING FOR

Based on education, experience, interview and internal equity, this opportunity will be filled at either title. For this posting, minimum requirements are stated at lower grade. Increased expectations are at the higher grade.

Settlements Analyst Sr. (grade 7): Base Salary = $88K - $109K

Settlements Analyst (mid-level) (grade 6): Base Salary = $75K - $93K

Education:

• Bachelor's degree in Business, Finance, Accounting, or relevant field. Will consider no degree with 4+ years of related industry experience in settlements, accounting, and/or commercial operations.

Work Experience: minimum of two (2) years related experience in utility industry.

OTHER REQUIREMENTS:

Physical demand level is Sedentary

Ability to work as part of a team and possess excellent time management and organization skills. Experience in Microsoft Excel is required. Adhere to Sarbanes-Oxley controls and participate in testing those controls. Candidate must be motivated, have initiative, and be eager to excel.

WHAT YOU'LL GET

Base Salary: approximately $75K - $109K

In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual incentive, 401(k), pension, health insurance, vacation, educational assistance, etc.

WHO WE ARE

At AEP, we’re more than just an energy company — we’re a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!

AMERICAN ELECTRIC POWER (on-site)

$75K - $109K / Year

#AEPCareers

#LI-ONSITE

Compensation Data

Compensation Grade:

SP20-006

Compensation Range:

$74,551.00 - $109,543.00

The 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 t