PSEG

Business Analysis Manager

PSEG  •  $108k - $170k/yr  •  Newark, NJ (Hybrid)  •  10 days ago
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Job Description

Requisition: 83907

PSEG Company: PSEG Services Corp.

Salary Range: $ 107,600 - $ 170,300

Work Location Category: Hybrid Flexible

We’re one of the country’s largest energy companies, with a vision of powering a future where people use energy more efficiently and it’s safer and delivered more reliably than ever. We’re also deeply connected to the communities we serve, with more than 13,000 employees working together to support our customers and make a difference every day.
Here, you’ll have the stability and exciting opportunities that come with being a Fortune 500 company — along with a supportive, friendly work environment where your contributions are valued.

We know life isn’t one-size-fits-all, and neither is work. That’s why we offer flexible work options depending on the role.
In support of this model, roles have been categorized into one of three work location categories:
1. Onsite – roles where employees are expected to be onsite daily.
2. Hybrid fixed – roles that are a mix of remote work and onsite work fixed days each week
3. Hybrid flexible – roles that are a mix of remote work and onsite work, but the onsite requirements have greater flexibility. (i.e. 5-8 days a month vs. set days each week).

As an employee, if you are regularly scheduled to work 20 or more hours per week, you will have access to a wide range of comprehensive benefits from day one, designed to support your total well-being: medical, dental, vision, parental leave and family leave programs, behavioral health programs, 401(k) with company match, life insurance, tuition reimbursement, and generous paid time off.

More than 13,000 people already call PSEG their work home, taking pride in providing safe, reliable service to millions of customers. If you’re looking for a place where you can build a meaningful career and help power and support our communities, we’d love to welcome you to the team.

PSEG is not offering visa sponsorship for this position.

At this time, only current PSEG employees are being considered.

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 Asset Management. Areas of responsibility include leading the creation and maintenance of the annual cost plan. 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. Primary support for storm accounting process. The group works collaboratively with its Utility clients, other areas of Utility Finance and Accounting.

Job Responsibilities

  • Storm accounting includes creating and issuing SAP charge orders, participating in storm calls as Finance representative, and ensuring costs are accounted for and documented properly, including for regulatory filings.
  • Lead annual cost plan in SAP and PCM focused on O&M costs for Asset Management, and ensure all costs in our transmission filing are appropriately planned.
  • Support month end, quarter end and year-end closing processes. Can include creating and maintaining journal entries, managing accruals, 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 standing and planning orders in SAP to ensure accounting integrity
  • Prepare/analyze key metrics impacting performance, including monthly O&M variances across multiple business areas.
  • 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

Job Specific Qualifications

  • Bachelor’s Degree in Finance, Accounting, Engineering or a related field.
  • 8 years experience in analysis and/or financial planning.
  • Superior planning and organizing skills.
  • Strong analytical, business and communication skills.
  • Strong management presence and inclusive leadership style.
  • Advanced proficiency with Excel, SAP; proficiency with databases and PowerPoint
  • Understanding of financial statements and ability to link operational activities to impacts on the financial statements.
  • Compliance with the Department of Energy's regulation 10 CFR 810 is required.

Desired

  • In depth knowledge of the Utility industry

Some positions at PSEG require access to information covered by the Department of Energy’s regulation 10 CFR 810 (Part 810). If applicable, the successful applicant must prove they are: (1) a citizen or national of the USA; OR (2) a lawful permanent resident of the United States (Non-Conditional Permanent I-551 / Green Card / Permanent Resident Card holder); OR (3) a citizen, national, or permanent resident of a “Generally Authorized” destination on the attached list not also a citizen, national, permanent resident of any country not listed; OR (4) a “Protected Individual” under the Immigration and Naturalization Act (8 U.S.C 1324b(a)(3)).

As an employee of PSEG, you should be aware that during emergency 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.
Employees who are hired or transfer into a federally regulated role (including positions covered by USDOT, PHMSA, or NRC regulations) are subject to random drug and alcohol testing, inclusive of marijuana. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and medically, the use of these products are prohibited for employees in federally regulated roles. 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 a positive result.

If you are a current PSEG Long Island (PSEGLI) employee and offered an opportunity with PSEG or any of its subsidiaries other than PSEGLI, you will be treated as a new hire. Please note that as a new hire to PSEG, your benefits will change and generally will be consistent with other similarly situated PSEG new hires. Similarly, for PSEG employees who accept job opportunities with PSEGLI, your benefits will change and generally be consistent with other similarly situated new hires of PSEGLI.

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.
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.
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PSEG

About PSEG

“Public service” is not just in our name.

It’s who we are. It’s what we do.

We keep the lights on. We keep our customers’ phones charged and their homes warm. We’re the folks in the trucks during the storms, hard at work late at night.

We power the lives of 2.4 million electric customers and 1.9 million gas customers in New Jersey, and over one million electric customers on Long Island. We are proud to be in neighborhoods, keeping customers safe and comfortable.

A lot has changed since PSEG was founded in 1903, but our commitment to our customers, employees, shareholders and communities has stayed the same.

For 120 years and counting we have rolled up our sleeves to deliver the affordable and reliable services customers need. And that isn’t changing.

We are still adapting to meet the needs of today and tomorrow. PSEG invests in the communities where we live and work, advancing sustainability, equity and workforce training and development.

We also have our eye on tomorrow and finding ways to fight climate change, including working toward our goal for net-zero carbon emissions by 2030.

Find us on Facebook:

www.linkedin.com/company/pseg

Find us on Twitter:

http://twitter.com/psegnews

http://twitter.com/psegdelivers

For PSEG Long Island:

http://facebook.com/psegli

https://www.linkedin.com/company/psegli/

http://twitter.com/psegli

For the latest PSEG blog, follow Energize!: www.energizepseg.com

Click here to get PSEG news sent to your inbox: http://pseg.com/getnews.

For news about PSE&G’s rate filings and upcoming public hearings visit www.pseg.com/pseandgfilings.

Our LinkedIn page is intended to serve as a useful exchange of information in regards to our Company and services and we encourage any and all questions and commentary, including criticism. However, we won't allow any forms of hate speech (personal attacks, such as disparaging others for different points of view, ethnicity, heritage, etc), violent remarks, comments that are excessively re

Industry
Energy & Utilities
Company Size
5,001-10,000 employees
Headquarters
Newark, New Jersey
Year Founded
1903
Website
pseg.com
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