Job Details
Requisition: 78812
PSEG Company: PSEG Services Corp.
Salary Range: $ 101,600 - $ 160,900
Incentive: PIP 15%
Work Location Category: Remote Local
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
Manage interface/contributor for a broad range of critical PSEG financial functions, requiring very strong leadership skills (including ability to manage resources inside and outside the department), in depth company/industry/market knowledge and technical skills. Highly trusted position due to highly confidentiality of information. Directs SAP cost planning process for Enterprise, leads the monthly earnings/cash forecast highlights process, supports the long range planning process and is Corporate Planning's key person for adhoc leads and analysis. This position is critical to all aspects of planning and the earnings forecasts, including but not limited to collaborating with all Finance teams to ensure all deliverables are met timely, provides consistency and quality control for several CFO/SET/BOD documents.
Job Responsibilities
- Directs the SAP cost planning process coordinating with all finance areas for the upcoming year's budget. In addition to managing the calendar and assuring all critical deadlines are met, collaborates with HR and Treasury on fringe benefits and pension forecast. Assures cost plan is aligned with Long range plan and provides documentation to Auditing annually.
- Leads the monthly earnings/cash highlights process for CFO and Senior Executive Team (SET) meetings, coordinating with all finance areas, as well as assuring all assumptions reflect latest information, QC of documents and further analysis as needed to support results. Calculates MICP/PIP impacts for each operating areas as financial and scorecard results change during course of the year. Additionally, is lead for the Workiva system maintaining for earnings/cash forecast processes and identifying opportunities to implement in other areas of Finance.
- Crititcal role in long range planning process leading the development of presentations for CFO and CEO to the SET and Board for multiple updates during the year. Providing in depth financial analysis, including and not limited to drivers of plan to plan changes for income and cash, credit metrics and other key financial metrics, PSEG stock valuation and peer analysis, and short term and long term volatilites to plan with tornado charts (applying appropriate risk adjustments)
- Provides support to Treasury and Investor Relations as needed for presentations and back up materials.
- Represents Corporate Planning for all regulatory filings interrogatories that are required from an Enterprise perspective.
- Lead for Enterprise entitlement review of all users for capital projects.
- Leads / supports ad-hoc projects and analyses as appropriate (e.g., lead for Finance for BPU Management Audit discovery process).
Job Specific Qualifications - Bachelor's Degree in Accounting or Finance or related field.
- 10 years experience in Finance, Accounting or relevant Business experience.
- Strong analytical skills and financial acumen, thorough understanding of financial statements with understanding of accounting and tax accounting.
- Demonstrates strong leadership attributes and be able to manage resources inside and outside the department.
- Coordinates closely with resources outside the department to integrate data on complex issues to achieve deliverables.
- Financial modeling experience, demonstrated proficiency with financial theory and accounting.
- Possess strong business skills with knowledge of planning processes and knowledge of Generally Accepted Accounting Principles (GAAP)
- Mastery/Advanced skills: Excel, Powerpoint, SAP
- Proven strong leadership, facilitation, collaboration and influencing skills.
- Excellent written and oral communication, with ability to communicate and work effectively with all levels of leadership.
- Proven ability to analyze financial results and make decisions using sound judgment with limited information.
- Demonstrated high level of problem-solving ability.
- Ability to assess business controls, risks and opportunities.
- As a leader, has the ability to accept personal accountability for actions and results, strive for personal and departmental improvement. Sets high expectations and is demanding of self and others; never accept complacency, focuses on measurement of results, demonstrates a high level of integrity, projects trust and ethical behaviors.
Minimum Years of Experience10 years of experience
EducationBachelors
CertificationsNone Noted
DisclaimerCertain 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 by clicking on the emPower icon, then selecting careers. This site (PSEG Careers and Job Openings) 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-###-#### or email ...@pseg.com.
If you need to request a reasonable accommodation to perform the essential functions of the job, email ...@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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