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PSEG Lead Budget Analyst PSEG LI in Bethpage, New York

Requisition : 75729

PSEG Company: PSEG Long Island

Salary Range : $ 79,800 - $ 131,700

Incentive : PIP 10%

Work Location Category : Remote Local

PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories: onsite roles, hybrid roles that are a blend of onsite and remote work, remote local roles that are primarily home-based but require some level of purpose-driven in-person interaction and living within a commutable distance, and remote non-local roles that can be effectively performed remotely with the ability to work in approved states.

PSEG offers a unique experience to our more than 12,000 employees – we provide the resources and opportunities for career development that come with being a Fortune 500 company, as well as the attention, camaraderie and care for one another you might typically associate with a small business. Our focus on combatting climate change through clean energy technology, our new net zero climate vision for 2030 and enhanced commitment to diversity, equity and inclusion; and supporting the communities we serve make this a particularly exciting time to join PSEG.

Job Summary

PSEG-LI seeks a Budget Analyst to join the Planning and Budgeting Management team within the Planning and Reporting group. The Planning and Reporting group is responsible for managing financial results for the Long Island Power Authority “LIPA” in accordance with the Operating Service Agreement “OSA”, which includes the monthly and annual operating plan, forecast process and providing analytical support for senior management and line of business Director/Managers. The role operates in a fast-paced, results-oriented environment, and should have the ability to influence the decisions of senior business leaders through effective verbal and written communication, logical reasoning, and the presentation of alternatives. The successful candidate must be able to think and act both strategically and tactically. This role reports to the Planning and Budgeting Manager.

Job Responsibilities

• Prepare, plan and monitor the budgets along with forecasts for the PSEG-LI business unit in order to ensure financial targets are met.

• Lead the variance analysis and query investigation, utilizing financial systems, for financial activity and ensure accurate allocation of costs.

• Operating expense reporting and analysis of actual results versus plan and projected year-ends (“PYE”).

• Partner, liaise and develop positive working relationships with primary client (LIPA), financial and operating areas and corporate department to obtain information required to meet responsibilities and respond to inquiries.

• Proactively build and maintain internal and external networks in order to penetrate, absorb and apply technical/professional best practice to own area of responsibilities.

• Implement new business processes and streamline and improve current business processes.

• Provide financial planning for all aspects of the operating budget development process, including SAP and financial systems set-up and maintenance as necessary.

• Provide key business and financial guidance to the organization (budgeting and forecasting).

• Analyze and interpret financial results and forecasts (variance analysis, P&L impact).

• Drive Business Process implementation and improvement.

• Participate on cross-functional teams to solve business issues.

• Assist on special projects as required.

Job Specific Qualifications

Required Qualifications, Competencies, Education or Experience:

 Bachelor's Degree, preferably in Accounting, Finance or Business Management, and a minimum of seven (7) years of financial planning and analysis experience

 Demonstrated knowledge in accounting, budgeting and financial practices

 Excellent PC skills with a superior working knowledge of Microsoft Office, including Word, PowerPoint, and other database software.

 Excellent written and verbal communication skills, ability to interact with internal and external providers/users of financial information

 Successful candidate must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices

Desired Qualifications:

• Advanced Degree in Accounting or Finance

• Demonstrated analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy

• Ability to present and interact with senior personnel

• Ability to work in a highly regulated field

• Ability to work in a team environment

• Shares knowledge

• SAP experience

• Experience in a utility’s Finance or Regulatory department

Minimum Years of Experience

7 years of experience




None Noted


Certain positions at the Company may require you to have access to Part 810-Controlled Information. Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information. Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made. If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.

Candidates must foster an inclusive work environment and respect all aspects of diversity. Successful candidates must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.

As an employee of PSE&G or PSEG LI, 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.

Certain positions at the Company may require you to have access to 10 CFR Part 810 controlled information. If the position does require access to this information, the Talent Acquisition representative will provide further details upon making an offer.

PSEG is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legally protected characteristic. Legally protected characteristics include 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.

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

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PSEG is committed to providing reasonable accommodations to individuals with disabilities. If you have a disability and need assistance applying for a position, please call 973-430-3845 or email If you need to request a reasonable accommodation to perform the essential functions of the job, email . Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.


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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.