Lead Capital Budget Analyst

Job Summary

Our 12000 people Utilities client 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 company 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. This is a permanent position.

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, 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 capital reporting as required under the terms Operations Service Agreement, including but not limited to post URB meeting reporting, production of aging reports, necessary follow-up with 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, and any other tasks related to the capital budget development process.

§ Prepare, plan and monitor the budgets along with forecasts for the 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”).

§ 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:

§ Bachelor's Degree, preferably in Accounting, Finance or Business Management, and a minimum of seven (7) years of financial planning and analysis experience

§ Demonstrated knowledge in accounting, budgeting and financial practices

§ Excellent PC skills with a superior working knowledge of Microsoft Office, including Word, PowerPoint, and other database software. Expert user of Excel

§ Excellent written and verbal communication skills, ability to interact with internal and external providers/users of financial information

§ Successful candidate must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices

§ Ability to present and interact with senior personnel

§ Prior experience with IT Financial Management, TBM, Apptio, ServiceNow, Arriba, SAP or similar subject matter areas

§ GAAP Knowledgeable

Desired Qualifications:

§ Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy