Technical Capital Budget Analyst

Requisition : 80390

PSEG Company : PSEG Long Island

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

PSEG-LI seeks a detail-oriented and strategically minded Sr. Financial Analyst to join the Project Services team within the Information Technology group. The Information Technology 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 capital 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 Director of Project Services.

Job Responsibilities

• Assist with the Utility Review Board ("URB") process. This includes, but is not limited to facilitating URB meetings with senior leadership and capital project stakeholders, participating in various capital project discussions with LIPA / PSEGLI staff, reviewing URB document submittals, coordinating URB functions with other Capital Budget Management staff members, URB activity monitoring and tracking, URB administrative tasks, etc.
• Assist with all necessary LIPA capital reporting as required under the terms Operations Service Agreement, including but not limited to post URB meeting LIPA reporting, production of aging reports, necessary follow-up with LIPA and PSEGLI capital project stakeholders, coordination of Project Justification Description documents ("PJD's") with responsible stakeholders, and other administrative tasks as necessary.
• Assist as necessary in all aspects of the annual capital budget development process, including but not limited to guiding and assisting the various lines of business ("LOB") with the development of their capital plan, accumulating the required supporting PJD's, coordination with and timely submittals to LIPA, and any other tasks related to the capital budget development process.
• Prepare, plan and monitor the budgets along with forecasts for the PSEG-LI IT business unit in order to ensure financial targets are met.
• Participate in the variance analysis and query investigation, utilizing financial systems, for financial activity and ensure accurate allocation of costs.
• Capital reporting and analysis of actual results versus plan, URB approved amounts 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 capital 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.
• Assist in the creation, management and communication of PSEG Long Island IT monthly financial documents to be presented to senior management.
• Support the month-end, quarter-end and year-end closing processes. These can include creating and maintaining journal entries, conducting actual vs plan analysis, and creating ad hoc analysis.
• Assist in analyzing results and identify areas of opportunities for efficiency and cost savings.

Job Specific Qualifications

Required Qualifications :

Desired Qualifications :

Minimum Years of Experience

7 years of experience

Education

Bachelors

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.

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