Sr Portfolio Analyst

Requisition : 82323

PSEG Company : PSEG Long Island

Salary Range : $ 79,400 - $ 125,600

Work Location Category : Hybrid Fixed

We're one of the country's largest energy companies, with a vision of powering a future where people use energy more efficiently and it's safer and delivered more reliably than ever. We're also deeply connected to the communities we serve, with more than 13,000 employees working together to support our customers and make a difference every day.

Here, you'll have the stability and exciting opportunities that come with being a Fortune 500 company - along with a supportive, friendly work environment where your contributions are valued. We know life isn't one-size-fits-all, and neither is work. That's why we offer flexible work options depending on the role.
In support of this model, roles have been categorized into one of three work location categories:
1. Onsite - roles where employees are expected to be onsite daily.
2. Hybrid fixed - roles that are a mix of remote work and onsite work fixed days each week.
3. Hybrid flexible - roles that are a mix of remote work and onsite work, but the onsite requirements have greater flexibility. (i.e. 5-8 days a month vs. set days each week).

As an employee, if you are regularly scheduled to work 20 or more hours per week, you will have access to a wide range of comprehensive benefits designed to support your total well-being: medical, dental, vision, paternal leave and family leave programs, behavioral health programs, 401(k) with company match, life insurance, tuition reimbursement, and generous paid time off.

More than 13,000 people already call PSEG their work home, taking pride in providing safe, reliable service to millions of customers. If you're looking for a place where you can build a meaningful career and help power and support our communities, we'd love to welcome you to the team.

PSEG is not offering visa sponsorship for this position.

Job Summary

The Sr Project Controls Analyst provides portfolio level financial and performance analysis for the organization's capital project programs. This role supports the PMO by overseeing portfolio reporting, financial forecasting, and monitoring across the capital projects portfolio.

The position serves as a subject matter expert for portfolio analytics and reporting and provides technical leadership and guidance to Project Controls Analysts and project teams. The role works closely with PMO leadership, Finance, and Project Managers to ensure accurate forecasting, reporting consistency, and improved visibility into portfolio performance.

The successful candidate will drive improvements in portfolio reporting processes, data integrity, and financial analysis to support effective decision-making across the capital portfolio.

Job Responsibilities

• Lead portfolio-level financial analysis across capital projects including budget performance, forecasting, and variance analysis.
• Prepare and maintain monthly capital portfolio reporting including executive summaries, dashboards, and performance metrics.
• Analyze project financial data including budgets, commitments, actual costs, and forecasts to identify trends, risks, and variance drivers.
• Support development and maintenance of portfolio financial forecasts and capital spending projections.
• Ensure consistency and accuracy of project financial data across systems including SAP, PTS, and other reporting tools.
• Coordinate with Project teams to validate project forecasts and cost projections.
• Support in developing portfolio dashboards and reporting tools used by PMO leadership to monitor capital program performance.
• Provide guidance to Project Controls Analysts regarding financial analysis, reporting standards, and forecasting methodologies.
• Support capital planning activities including budget development, carryover planning, and portfolio performance reviews.
• Assist with Construction Work in Progress (CWIP) monitoring and reporting.
• Identify opportunities to improve portfolio reporting processes, data quality, and financial transparency.
• Support internal and external audit requests and ensure compliance with corporate financial controls and PMO reporting standards.
• Prepare portfolio-level analysis of capital funding reallocations ("puts and takes") to optimize capital utilization and maintain alignment with approved budgets and spending plans
• Provide storm restoration support as required by the Emergency Restoration Organization.

Job Specific Qualifications

• Bachelor's Degree in Engineering, Finance, Accounting, Business, Construction Management, or related discipline
• Minimum 5 years of experience in project controls, capital project financial analysis, or portfolio reporting
• Strong analytical and financial modeling skills
• Advanced proficiency with Microsoft Excel and data analysis tools
• Experience with SAP, PTS, or similar project financial systems
• Strong understanding of capital project budgeting, forecasting, and variance analysis
• Strong communication skills with the ability to present financial information to leadership
• Ability to work across multiple organizations and manage competing priorities
• Compliance with the Department of Energy's regulation 10 CFR 810 is required

Desired

• Utility industry experience
• Experience supporting capital project portfolios or PMO reporting functions
• Knowledge of electric transmission and distribution operations
• Experience developing executive dashboards and portfolio performance reporting
• Knowledge of CWIP, capital financial reporting, and project lifecycle cost management
• Experience using SQL, Power BI, Tableau or other data analytics tools for querying project data and developing portfolio dashboards and reporting solutions

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.

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


PSEGLI 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.
PSEGLI is committed to providing reasonable accommodations to individuals with disabilities. If you have a disability and need assistance applying for a position, please call View phone number on click.appcast.io or email View email address on click.appcast.io.
If you need to request a reasonable accommodation to perform the essential functions of the job, email View email address on click.appcast.io. 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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