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PSEG Business Analysis Manager in Newark, New Jersey

Requisition : 77082

PSEG Company: PSEG Services Corp.

Salary Range : $ 101,600 - $ 160,900

Incentive : PIP 15%

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

At this time this opportunity is open only to current PSEG Employees.

This position will act as lead contributor to PSE&G’s financial planning, analysis and reporting processes. This position will be the lead support for a specific line of business. Areas of responsibility include leading the creation and maintenance of the annual cost plan (O&M and capital). Support month end closing activities including journal entries, variance analysis and ad-hoc analysis and reporting. Create and maintain SAP standing orders. Identify and perform analysis of major O&M and capital drivers and cost saving opportunities for clients. Provide integrated financial and operating information such as goal performance, resource allocation and optimization to provide value to the business planning process on a continual basis. Will lead a group in responding to all regulatory requests. Will lead major storm support and mutual aid processes.

The group works collaboratively with its Utility clients, other areas of Utility Finance and Accounting.

Job Responsibilities

  • Lead annual cost plan in SAP and PCM focused on O&M and Capital costs including coordination of the major assumptions between all Utility lines of business and ensure alignment with the overall strategy

  • Support month end, quarter end and year-end closing processes. Can include creating and maintaining journal entries, conducting actual vs plan variance analysis, creating ad hoc analysis

  • Work with Accounting to ensure all entries are accurately recorded and reflected in monthly results

  • Oversee the creation and maintenance of all standing and planning orders in SAP to ensure accounting integrity

  • Prepare/analyze key metrics impacting performance.

  • Support the preparation and presentation of the annual business plan for senior management approval

  • Prepare reports or analysis specifically requested by the client providing value added insights to assist in the decision making process

  • Communicate or present findings to all levels.

  • Prepare reports supporting regulatory filings

  • Lead major storm and mutual aid accounting and reporting

Job Specific Qualifications

Required:

Bachelor’s Degree in Finance, Accounting, Engineering or a related field or 8 years of relevant finance or accounting experience

  • Superior planning and organizing skills.

  • Strong analytical, business and communication skills.

  • Strong management presence and inclusive leadership style.

  • Advanced proficiency with Excel, databases and PowerPoint

  • In depth understanding of financial statements and ability to link operational activities to impacts on the financial statements.

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

Desired: In depth knowledge of the Utility industry

Minimum Years of Experience

8 years of experience

Education

Bachelor

Certifications

None Noted

Disclaimer

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.

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.

As an employee of PSEG 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.

For all roles, PSEG’s drug and alcohol testing program includes pre-employment testing, testing for cause, and post-incident/accident testing. For employees in federally regulated roles (including positions covered by USDOT, PHMSA, or NRC regulations), this also includes random testing. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and/or medically, it is prohibited for employees in federally regulated roles. Employees who are hired or transfer into a federally regulated role are subject to drug and alcohol testing, inclusive of marijuana. Please note that the use of CBD products may result in a positive drug test for THC/Marijuana and such use is not a legitimate medical explanation for such a positive result.

PSEG employees must apply for jobs internally through emPower which can be accessed through sharepoint.pseg.com (https://sharepoint.pseg.com/Pages/Home.aspx) by clicking on the emPower icon, then selecting careers. This site (PSEG Careers and Job Openings (https://corporate.pseg.com/careers) ) is strictly for candidates who are not currently PSEG employees, with the exception of PSEG employees who do not have company email addresses.

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 accommodations@pseg.com.

If you need to request a reasonable accommodation to perform the essential functions of the job, email accommodations@pseg.com . Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.

ADDITIONAL EEO/AA INFORMATION (Click link below)

Know your Rights: Workplace Discrimination is Illegal (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf)

Pay Transparency Nondiscrimination Provision

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.

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