Public Service Enterprise Group (PSEG)

Business Analysis Manager

Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Engineering, or related field.
  • 8 years of experience in analysis and/or financial planning.
  • Superior planning and organizing skills.
  • Strong analytical, business, and communication skills.
  • Strong management presence and inclusive leadership style.
  • Advanced proficiency with Excel, SAP; proficiency with databases and PowerPoint.
  • Understanding of financial statements and their operational links.
  • Compliance with Department of Energy's regulation 10 CFR 810 required.

Responsibilities

  • Create and issue SAP charge orders for storm accounting and manage related documentation.
  • Lead annual cost planning in SAP and PCM focused on O&M costs for Asset Management.
  • Support month-end, quarter-end, and year-end closing processes, including journal entries and variance analysis.
  • Collaborate with Accounting to ensure accuracy in monthly financial results.
  • Oversee creation and maintenance of standing and planning orders in SAP for accounting integrity.
  • Analyze key performance metrics, including monthly O&M variances.
  • Prepare and present insightful reports and analysis to support decision-making.
  • Support regulatory filing preparation with accurate reporting.

Benefits

  • Hybrid flexible work environment.
  • Collaborative team dynamics with multiple utility clients.
  • Opportunities for professional development.
  • Inclusion in a supportive and inclusive corporate culture.
Full Job Description
Requisition: 83907

PSEG Company: PSEG Services Corp.

Salary Range: $ 107,600 - $ 170,300

Work Location Category: Hybrid Flexible

Job Summary

At this time, only current PSEG employees are being considered.

This position will act as lead contributor to PSE&G's financial planning, analysis and reporting processes. This position will be the lead support for Asset Management. Areas of responsibility include leading the creation and maintenance of the annual cost plan. 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 and capital 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. Primary support for storm accounting process. The group works collaboratively with its Utility clients, other areas of Utility Finance and Accounting.

Job Responsibilities

  • Storm accounting includes creating and issuing SAP charge orders, participating in storm calls as Finance representative, and ensuring costs are accounted for and documented properly, including for regulatory filings.
  • Lead annual cost plan in SAP and PCM focused on O&M costs for Asset Management, and ensure all costs in our transmission filing are appropriately planned.
  • Support month end, quarter end and year-end closing processes. Can include creating and maintaining journal entries, managing accruals, conducting actual vs plan variance analysis, creating ad hoc analysis
  • Work with Accounting to ensure all entries are accurately recorded and reflected in monthly results
  • Oversee the creation and maintenance of standing and planning orders in SAP to ensure accounting integrity
  • Prepare/analyze key metrics impacting performance, including monthly O&M variances across multiple business areas.
  • Prepare reports or analysis specifically requested by the client providing value added insights to assist in the decision making process
  • Communicate or present findings to all levels.
  • Prepare reports supporting regulatory filings


Job Specific Qualifications

  • Bachelor's Degree in Finance, Accounting, Engineering or a related field.
  • 8 years experience in analysis and/or financial planning.
  • Superior planning and organizing skills.
  • Strong analytical, business and communication skills.
  • Strong management presence and inclusive leadership style.
  • Advanced proficiency with Excel, SAP; proficiency with databases and PowerPoint
  • Understanding of financial statements and ability to link operational activities to impacts on the financial statements.
  • Compliance with the Department of Energy's regulation 10 CFR 810 is required.

Desired:

  • In depth knowledge of the Utility industry


Some positions at PSEG require access to information covered by the Department of Energy's regulation 10 CFR 810 (Part 810). If applicable, the successful applicant must prove they are: (1) a citizen or national of the USA; OR (2) a lawful permanent resident of the United States (Non-Conditional Permanent I-551 / Green Card / Permanent Resident Card holder); OR (3) a citizen, national, or permanent resident of a "Generally Authorized" destination on the attached list not also a citizen, national, permanent resident of any country not listed; OR (4) a "Protected Individual" under the Immigration and Naturalization Act (8 U.S.C 1324b(a)(3)).

As an employee of PSEG, you should be aware that during emergency 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.
Employees who are hired or transfer into a federally regulated role (including positions covered by USDOT, PHMSA, or NRC regulations) are subject to random drug and alcohol testing, inclusive of marijuana. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and medically, the use of these products are prohibited for employees in federally regulated roles. 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 a positive result.

If you are a current PSEG Long Island (PSEGLI) employee and offered an opportunity with PSEG or any of its subsidiaries other than PSEGLI, you will be treated as a new hire. Please note that as a new hire to PSEG, your benefits will change and generally will be consistent with other similarly situated PSEG new hires. Similarly, for PSEG employees who accept job opportunities with PSEGLI, your benefits will change and generally be consistent with other similarly situated new hires of PSEGLI.

About Public Service Enterprise Group (PSEG)

PSEG is a diversified energy company. Established in 1903, the company has long had a key role in fueling New Jersey's economy and supporting the state's quality of life. Public Service Electric and Gas (PSE&G) is New Jersey's largest provider of electric and gas service – serving 2.2 million electric customers and 1.8 million gas customers or nearly three out of every four people in the state. PSEG also owns and operates a diverse fleet of power plants with more than 13,000 megawatts of generating capacity located primarily in the Mid-Atlantic and Northeast regions and has solar energy facilities throughout the United States. Another member of the PSEG family of companies, PSEG Long Island, operates the electric transmission and distribution system of the Long Island Power Authority, with 1.1 million customers. PSEG has approximately 12,700 employees, who are carrying forward a proud tradition of dedicated service over more than 100 years.

Public Service Enterprise Group (PSEG) Careers

Join the dynamic team at Public Service Enterprise Group (PSEG), a leading integrated energy company with a proud history and a promising future. At PSEG, we are committed to innovation, leadership, and sustainability, making it an ideal place for professionals looking to make a significant impact.

Work You’ll Do

Embark on a fulfilling career journey with PSEG and be part of a culture that values diversity, leadership, and professional growth. Our team is dedicated to transforming the energy sector through innovative solutions and sustainable practices.

Explore Job Opportunities

PSEG offers a wide range of job opportunities across various disciplines. Whether you're a seasoned professional or a recent graduate, PSEG provides the perfect platform to enhance your skills and advance your career. Explore positions in engineering, customer service, IT, and more, where you can contribute to groundbreaking projects and initiatives.

Internship Programs

Kickstart your career with PSEG’s internship programs. Gain hands-on experience, work with seasoned professionals, and develop skills that will set you apart in the job market. Our internships offer a unique insight into the energy industry and provide a pathway to future employment opportunities within the company.

Benefits and Growth

At PSEG, we believe in nurturing our team's potential by offering competitive benefits, extensive diversity training, and opportunities for career advancement. We support our employees' professional and personal growth through continuous learning and leadership development programs.

Join Our Team

We are hiring! Search open positions that match your skills and interests. PSEG is looking for passionate, curious, and solution-driven team players. Prepare your resume, ace the interview, and join a company that is dedicated to your growth and success.

Networking and Professional Development

Enhance your career through PSEG’s robust professional networking opportunities. Connect with industry leaders, participate in seminars and workshops, and collaborate with a team that’s at the forefront of the energy sector’s transformation.

Stay Connected

Keep up to date with the latest at PSEG: - **Career Tips**: Get insider perspectives and industry-leading insights you can put to use today—all from the people who work here. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding opportunities that await at Public Service Enterprise Group (PSEG). Join PSEG and be part of a company that’s powering progress and empowering your future.
Learn more about Public Service Enterprise Group (PSEG)
Size
12,684 employees
Market Cap
$30.3 billion
Industry
Net Income
$1.9 billion
Founded
1903
5 Year Trend
+1.6%
Revenue
$9.6 billion
NASDAQ

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