PSEG Manager Real Estate Strategic Planning in Newark, New Jersey

Requisition ID: 34821

Job Function/Category: Finance / Accounting

Employment Type: Exempt Full Time

This is an exciting time to be joining PSEG. Our commitments, which include safety, integrity, customer focus, and diversity & inclusion, are the fabric of our culture and help drive the success of our business. We are fortunate to have an outstanding workforce of diverse and highly skilled talent who move us forward in our operational excellence journey. PSEG has more than 12,000 employees who are dedicated to the communities we serve and embody our vision: People providing Safe, Reliable, Economic and Greener Energy

Responsible for the development, executive communication and execution of the corporate real estate strategic planning function including execution of the highest and best use portfolio strategy and key 3 rd party transactions. This position reports to the Director - Corporate Real Estate and is expected to develop and maintain key external relationships, and work closely with all CRE sub-functions and the lines of business. This position will be interfacing with the Real Estate Steering Committee, and other executives (Presidents, Vice Presidents, Directors) to develop, communicate, and execute the annual and five year strategic plan. Main responsibilities include creation and execution of the annual and five-year real estate strategic plan, managing all scorecards / benchmarking analysis for CRE portfolio, developing an energy sustainability program for PSEG facilities, workplace planning, real estate business recommendation development, project cost / benefit analysis, strategy development and execution of key 3 rd party transactions, long-range planning, establishing and maintaining guiding principles for portfolio properties. Portfolio properties include 100+ properties and 212 facilities in NJ and Long Island across Headquarters / Services Company, Power and Utility business lines, with approximately $100-125m in operations and maintenance spend and $50-100m in capital expenditures annually. Requires demonstrated experience driving results in a matrix environment, established external network, demonstrated negotiating experience, and expert knowledge of real estate financial principles.

Basic Qualifications

  • Bachelor’s Degree in Business, Engineering or relevant discipline

  • Varied leadership and managerial experience of direct and indirect resources; minimum of 5-7 years acting in a management capacity or a matrix function

  • Minimum of 7 years of experience in corporate real estate (end user or service provider), strategic planning, corporate development, financial planning or facilities management or related

  • Established external network, to support execution of key 3 rd party strategic transactions, regulatory approvals, and to leverage best practices to support solid strategic plan development and execution

  • Knowledge of real estate market rules and regulations, contract development and process knowledge to support deal execution and closure

  • Ability to apply real estate financial principles to develop business recommendations and support decision making

  • Strong negotiation skills, demonstrated experience negotiating real estate transactions

  • Ability to think creatively and evidence of success in developing brands and delivering them to market

  • Proven ability to define problems, collect data, establish facts, and draw valid conclusions, in prioritizing work in a multi-task environment

  • Proven ability to work and manage in a collaborative environment with multi-disciplines, and to drive results in a matrix environment

  • Resourceful, well organized, highly dependable, efficient and detail oriented

  • Proficient personal computer skills, including Microsoft Office, PowerPoint, Excel, Outlook

  • Excellent interpersonal, written, and oral communication and presentation skills

Desired Qualifications:

  • Masters / advanced degree in Business, Engineering or relevant field

  • Continuing education and certification in real estate and/or facility management

  • Industry related designation preferred (i.e., MCR, CCIM or PMP designation)

  • Power and utilities working experience preferred

  • Experience with real estate management systems and/or integrated technology solutions (i.e., IWMS)

As an employee of PSE&G or PSEG Long Island, you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.

This site ( ) is strictly for candidates who are not currently PSEG employees. PSEG employees must apply for jobs internally through empower which can be accessed through the mypseg homepage by clicking on the employee center tab, then under the empower header, choose careers.

Business needs may cause PSEG to cancel or delay filling position at any time during the selection process

Public Service Enterprise Group (PSEG) is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legal protected characteristic. Legally protected characteristics included, race, color, religion, national origin, sex, age, marital status, sexual orientation, disability, or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.

Need to request an accommodation?

If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved hiring decision

Diversity at PSEG: Equal Opportunity Employer

PSEG is an equal employment opportunity employer and makes employment decisions, including but not limited to, hiring, firing, promotion, demotion, training, and/or compensation, on the basis of merit. Employment decisions are based on an individual’s qualifications as they relate to the job under consideration. PSEG's policy prohibits unlawful discrimination based on sex (which includes pregnancy, childbirth, breastfeeding, or related medical conditions, the actual sex of the individual, or the gender identity or gender expression), race, color, religion, including religious dress practices and religious grooming practices, sexual orientation, national origin, ancestry, citizenship, marital status, familial status, age, physical disability, mental disability, medical condition, genetic information, protected veteran or military status, or any other consideration made unlawful by federal, state or local laws, ordinances, or regulations.

Need to request an accommodation?

If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.

PSEG is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers.