What are the responsibilities and job description for the 10432 Financial Analyst IV - Power position at PSEG?
Requisition: 81660
PSEG Company: PSEG Services Corp.
Salary Range: $ 88,400 - $ 140,000
Work Location Category: Hybrid Flexible
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 are roles that have specific onsite requirements and are typically onsite daily.
Hybrid fixed are roles that are a blend of onsite work/in-person interactions with some ability to work remotely and require employees to live within a commutable distance and be onsite fixed days each week.
Hybrid flexible are roles that can be performed remotely but require some level of onsite work/in-person interactions on a regular basis, require employees to live within a commutable distance and, since business needs vary by position and may change over time, managers will set expectations and flexibility regarding where and when work is performed.
Fully remote are roles that can be performed remotely, require employees to live in approved states and will have purpose-driven in-person interactions on occasion.
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, well-being 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.
Job Summary
The position will primarily support a Power line of business. Areas of responsibility include creating and maintaining the annual plan (Online and/or Outage O&M). 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 expense 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. The group works collaboratively with its Power clients, other areas of Power Finance and Accounting.
Job Responsibilities
- Responsible for working with the client to prepare and create the annual cost plan in SAP and PCM specifically focused on Online and/or Outage O&M expenses.
- Support the month end, quarter end and year-end closing processes. These can include creating and maintaining journal entries, conducting actual vs plan variance analysis, creating ad hoc analysis.
- Preparation of reports or analysis specifically requested by the client providing value added insights to assist in the decision-making process
- Assist in analyzing results and identify areas of opportunity for efficiency and cost savings
- Communicate or present findings to all levels of management
- Creation of SAP standing orders ensuring correct accounting for the work performed
- Support the preparation and presentation of the annual business plan for senior management approval
- Working with Accounting to ensure all entries are accurately recorded and reflected in monthly results
- Preparation and analysis of key metric impacting performance such as overtime or cost per unit metrics
Job Specific Qualifications
- 6-7 years experience; with Bachelor's Degree in Finance, Accounting, Engineering or related field, Finance (business planning) or accounting
Other Skills/Qualifications:
- Desire to be challenged, expand professional knowledge and take on more responsibility over time.
- Good planning and organizing skills.
- Strong analytical, business and communication skills.
- Creative problem-solving skills.
- Ability to interact with all levels of management
- Experience with Excel or databases
- Desire to be challenged, expand professional knowledge and take on more responsibility over time.
- 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:
- Knowledge in use and application of SAP planning tools, models, techniques and processes
A valid Real ID or an approved form of alternate documentation (https://www.pseg.com/IDrequirement) is required for this job. The successful candidate must provide appropriate documentation to meet access requirements on the date of hire.
Minimum Years of Experience
Education
Certifications
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.
If you are a current PSEG employee and if you are offered an opportunity with PSEG Long Island, you will be treated as a new hire. Please note that as a new hire to the Long Island subsidiary, your benefits will change and generally will be consistent with other similarly situated PSEG Long Island new hires. Similarly, for PSEG Long Island employees who accept job opportunities with PSEG or any of its subsidiaries (other than PSEG Long Island), their benefits would change and generally be consistent with other similarly situated new hires of that company.
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.
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 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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Salary : $88,400 - $140,000
