Public Service Enterprise Group (PSEG)

Cost Analyst (Project Controls)

Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Engineering, Accounting, Business, Finance, or Construction
  • Minimum of 2 years experience in analysis, ideally in finance or utility construction
  • Proficiency in Microsoft Office and adaptability to new systems
  • Strong communication and interpersonal skills for effective team interaction
  • Demonstrated accountability and organizational skills
  • Valid U.S. driver's license with good driving record
  • Compliance with Department of Energy's regulation 10 CFR 810

Responsibilities

  • Prepare and submit monthly budget variance analyses and forecasts
  • Develop project plans and cash flows based on work scope
  • Coordinate monthly cost data and reports using Excel or Project Tracking System (PTS)
  • Update project forecasts and financial/status reports
  • Prepare documentation for project cash flow approvals
  • Close out projects on a monthly basis
  • Provide updates to the New Equipment Database Long Island and CWIP aging reports
  • Offer storm restoration support as needed

Benefits

  • Hybrid work model with a fixed location in Bethpage, NY
  • Opportunity to work within a structured team focusing on project control
  • Experience with utility-specific budgeting and financial reporting
  • Possibility of involvement in emergency restoration efforts
  • Engagement with large-scale utility projects
Full Job Description
About the Job

Project Controls Analyst - Cost

Requisition: 82175

PSEG Company: PSEG Long Island

Salary Range: $ 67,200 - $ 106,400

Work Location Category: Hybrid Fixed - Bethpage, NY

PSEG is not offering visa sponsorship for this position.

Job Summary:

The Project Controls Analyst - Cost will support the T&D team to provide effective integrated project cost monitoring, tracking, budget variance, forecasting, project scheduling of key milestones, and provide cost. The successful candidate will achieve the desired results of the T&D organization through the strict adherence of the T&D Process and Procedures, PSEGLI Standards and the use of PSEGLI Values and Behavioral Standards, sound management practice, skills and a total commitment to teamwork.

Job Responsibilities:

  • Prepare, maintain & submit monthly P&C budget variance analyses and forecasts.
  • Develop project plans & specific cash flows based on work scope.
  • Coordinate & maintain monthly cost data & reports in Excel and/or Project Tracking System (PTS)
  • Update project forecasts or other requested project financial/status reports.
  • Prepare Utility Review Board (URB) Documentation (PCRs, PP slides, waterfalls, etc) for project cash flow approvals.
  • Provide monthly closeout of projects
  • Provide monthly updates to New Equipment Database Long Island (NEDLl.)
  • Provide monthly updates to the Construction Work in Progress (CWIP) aging reports to meet department and corporate deliverables and deadlines.
  • Update project forecasts or other requested project financial/status reports
  • Provide storm restoration support as required by the Emergency Restoration Organization


Job Specific Qualifications:

  • Bachelor's Degree, preferably in Engineering, Accounting, Business, Finance, or Construction and a minimum of 2 years of experience performing analysis, preferably in finance or utility construction.
  • Experience with relevant software such as Microsoft Office products and possess the ability to quickly learn new systems and applications.
  • Effective communication and interpersonal skills are necessary to effectively interface and communicate with people at all levels and across organizations.
  • Demonstrated personal accountability and excellent organizational skills to deliver performance excellence.
  • Possess and maintain a valid U.S. driver's license with a safe and satisfactory driving history.
  • Department of Energy's regulation 10 CFR 810 is required.


Desired:

  • Experience in reading, interpreting, and managing project and program schedules
  • Basic knowledge and experience with electric transmission and distribution systems
  • Knowledge of LIPA's (Long Island Power Authority) business operations, policies, and practices
    SAP experience


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 and 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 Long Island, you should be aware that during storm/outage restoration efforts, you may be required to perform functions different from normal operations and work extended hours beyond your regular work schedule. You may also be required to work on premise or in an alternate location as directed by the company.

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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