PSEG

Portfolio Analysis Manager

PSEG  •  Hicksville, NY (Onsite)  •  3 months ago
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Job Description

We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, wellbeing and behavioral health programs. We also offer a retirement program, 401(k) with company match, company paid life insurance, tuition reimbursement and a minimum of 18 days of paid time off per year (including vacation, scheduled holidays, and floating holidays).

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.

  • This position provides strategic leadership and governance for the Investment Delivery Assurance organization and the broader Long Island T&D team in managing the entire capital investment plan, which exceeds $600 million annually.
  • This Manager will provide financial risk assessment within all Portfolio investment decisions along with operational and analytical expertise to assist the VP of Operations with critical strategic decisions within a given capital investment cycle.
  • This position will work collaboratively with PSEG-LI senior leadership and the Manager of Investment Delivery Assurance providing decision support analysis that will drive strategic direction associated with executing the capital portfolio.
  • The governance that this role provides will assure attainment of the critical OSA metrics that drive Long Island T&D performance.

Job Responsibilities

  • Include but not limited to: Lead the development of the annual and 8-year capital portfolio by collaborating with Finance, Asset Management, Engineering, Planning, Operations, and Project Management stakeholders to ensure alignment with strategic, regulatory, and operational objectives. Develop & document portfolio risk register and related risk mitigation strategies, and implement the risk mitigation plans to recover capital spend-at-risk & system risk exposure.
  • Oversees or monitors all financial risk management activities of the T&D organization.
  • Analyze portfolio performance and identify opportunities to improve capital efficiency and delivery.
  • Maintain and update capital portfolio governance policies, processes, and documentation.
  • Ensure consistency and transparency in capital project intake, evaluation, approval, and performance monitoring.
  • Prepare executive-level presentations and analysis to support internal and external senior leaders.
  • Act as the primary point of contact for T&D capital portfolio matters and collaborate with Finance to align portfolio investments with funding availability and rate case filings.

Job Specific Qualifications Required

  • Bachelor’s degree with emphasis in Accounting, Finance, Engineering, Economics, Project Management, or relevant degree.
  • Minimum of 10 years of portfolio planning & integration, cost control & accounting, project & portfolio management, and risk management experience that also includes performing financial, operational, quality, and/or compliance audits.
  • Demonstrated leadership and technical skills with experience in change management, construction, portfolio integration, financial analysis, and work planning competencies.
  • Proven experience working with financial statements, accrual accounting and performance measurement and analysis.
  • Excellent oral, written, and interpersonal communications skills.
  • Proven ability to interface effectively across all levels of management.

Preferred Skills

  • MBA or advanced management training.
  • Experience in Utility Operations; Compliance with Sarbanes-Oxley.
  • Familiar with regulatory frameworks and capital recovery mechanisms in the utility industry.
  • Experience implementing governance structures and continuous process improvements.
  • Demonstrated success in influencing enterprise capital investment strategies.
  • Experience with Financial Analysis and Managerial Accounting with SAP. Proficient with portfolio management tools (e.g., Primavera, Power BI, SAP, Spend Optimization Suite, or similar systems) preferred. PMP (Project Management Professional) certification. Certification in Risk Management (CRM, RMP, PMI-RM, etc.)
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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