Requisition : 78848

PSEG Company: PSEG Long Island

Salary Range : $ 101,600 - $ 160,900

Incentive : PIP 15%

Work Location Category : Hybrid

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 roles, hybrid roles that are a blend of onsite and remote work, remote local roles that are primarily home-based but require some level of purpose-driven in-person interaction and living within a commutable distance, and remote non-local roles that can be effectively performed remotely with the ability to work in approved states.

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, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement and a minimum of 18 days of paid time off per year.

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

This Business Analysis Manager position will be a lead contributor in the development and management of PSEG-LI’s Capital and Operations and Maintenance (O&M) budgets. This position will be invovled in Programmatic Review and Analysis, Budget Management, Strategic Planning, Process Improvement and Stake holder communication of PSEG-LI’s Capital and Operations and Maintenance (O&M) budgets.

Job Responsibilities

• Programmatic Review and Analysis: Work across all PSEG-LI Departments to conduct in-depth programmatic assessments to evaluate the effectiveness and efficiency of budget allocation. Analyze program performance statistics, financial reports, and spending trends to discover opportunities for improvement. Work with department heads and project managers to understand their budget requirements and to connect resources with corporate goals. Optimize resource allocation, develop and apply programmatic review processes, tools, and best practices.

• Budget Management: Collaborate with the Capital Budget Manager and the Manager of Planning and Budgeting as well as their teams on the creation, monitoring, and implementation of the organization's annual Capital and O&M budgets (PJD’s and budget briefing books (BBB’s)). Ensure that budgetary criteria, financial restrictions, and funding source requirements are followed. Identify cost-cutting opportunities and make budget recommendations to the Capital Budget Manager and the Manager of Planning and Budgeting based on programmatic analysis. Support preparation of budget reports and presentations on a regular basis for senior management and board members.

• Strategic Planning: Participate in developing long-term financial strategy and goals in collaboration with senior leadership. Contribute to the creation of financial forecasts, budget estimates, and financial models to assist in strategic decision-making. Provide insights and recommendations on resource allocation that are in line with the organization's strategic goals

• Process Improvement: Continuously assess and enhance budgeting and programmatic review processes to drive efficiency and effectiveness. Implement automation and data analytics tools to streamline budget analysis and reporting

• Stakeholder Communication: Act as a liaison between the finance department, project managers, and other stakeholders to ensure clear communication and understanding of budgetary needs and constraints. Address inquiries and provide information regarding budget status, financial performance, and program outcomes.

Job Specific Qualifications

Required

• Bachelor's Degree or Advanced Degree preferably in Accounting, Finance or Business Management and a minimum of 8 years of financial planning and analysis experience

• Technical financial and managerial accounting skills

• Project Management and/or Finance/Process Management

• Demonstrated knowledge in financial analysis and budgeting in SAP

• Expert skills in Microsoft Office, proficiency in Word, PowerPoint, expertize in Excel and other database software

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

• Ability to create and present financial information to senior personnel

Desired

• Utility industry experience

• Demonstrated understanding of SAP Controlling Module, (CO) and Hyperion Reporting

• CPA, CMA, MBA or other advance degree

Minimum Years of Experience

8 years of experience

Education

Bachelors

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.

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.

As an employee of PSEG 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 employees must apply for jobs internally through emPower which can be accessed through sharepoint.pseg.com (https://sharepoint.pseg.com/Pages/Home.aspx) by clicking on the emPower icon, then selecting careers. This site (PSEG Careers and Job Openings (https://corporate.pseg.com/careers) ) is strictly for candidates who are not currently PSEG employees, with the exception of PSEG employees who do not have company email addresses.

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.

ADDITIONAL EEO/AA INFORMATION (Click link below)

Know your Rights: Workplace Discrimination is Illegal (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf)

Pay Transparency Nondiscrimination Provision

Diversity at PSEG: Equal Opportunity Employer

PSEG is an equal employment opportunity employer and makes employment decisions, including but not limited to, hiring, firing, promotion, demotion, training, and/or compensation, on the basis of merit. Employment decisions are based on an individual’s qualifications as they relate to the job under consideration. PSEG's policy prohibits unlawful discrimination based on sex (which includes pregnancy, childbirth, breastfeeding, or related medical conditions, the actual sex of the individual, or the gender identity or gender expression), race, color, religion, including religious dress practices and religious grooming practices, sexual orientation, national origin, ancestry, citizenship, marital status, familial status, age, physical disability, mental disability, medical condition, genetic information, protected veteran or military status, or any other consideration made unlawful by federal, state or local laws, ordinances, or regulations.

Need to request an accommodation?

If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.

PSEG is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers.