Associate Budget Analyst

Requisition : 82432

PSEG Company : PSEG Long Island

Salary Range : $ 59,400 - $ 89,100

Work Location Category : Hybrid Flexible

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

PSEG-LI seeks a Budget Analyst to join the Capital Budget Management team within the Planning and Reporting group. The Planning and Reporting group is responsible for managing financial results for the Long Island Power Authority ("LIPA") in accordance with the Operating Service Agreement ("OSA"), which includes the monthly and annual operating and capital plan, forecast process and providing analytical support for senior management and line of business Director/Managers. The role operates in a fast- paced, results-oriented environment, and should have the ability to influence the decisions of senior business leaders through effective verbal and written communication, logical reasoning, and the presentation of alternatives. The successful candidate must be able to think and act both strategically and tactically. This role reports to the Capital Budget Manager.

Job Responsibilities

• Active involvement in the PSEGLI capital Utility Review Board (“URB”) process, including but not limited to URB meetings, reviewing URB document submittals, URB activity monitoring and tracking, URB administrative tasks, etc.

• Management and administration of the capital project justification description (“PJD”) document process, both internally within PSEGLI and with our primary client LIPA during the annual capital budget development process and continually throughout the year as necessary

• Work closely with the Investment Delivery and Assurance (“IDA”) team and line of business capital project stakeholders on capital request funding matters

• Assist in preparing, planning and monitoring the capital budgets along with forecasts for the PSEG-LI business units in order to ensure financial targets are met

• Ensure capital and URB compliance with LIPA, NYS Department of Public Services (“DPS”) and other relevant entities as necessary.

• Lead the variance analysis and query investigation, utilizing financial systems, for financial activity and ensure accurate allocation of costs

• Capital expense reporting and analysis of actual results versus plan and projected year-ends ("PYE").

• Partner, liaise and develop positive working relationships with primary client (LIPA), financial and operating areas and corporate department to obtain information required to meet responsibilities and respond to inquiries

• Proactively build and maintain internal and external networks in order to penetrate, absorb and apply technical/professional best practice to own area of responsibilities

• Implement new business processes and streamline and improve current business processes

• Provide financial planning assistance for all aspects of the capital budget development process, including SAP and financial systems set-up and maintenance as necessary

• Assist in the provision of key business and financial guidance to the organization (budgeting and forecasting)

• Analyze and interpret financial results and forecasts (variance analysis, P&L impact)

• Drive Business Process implementation and improvement. Participate on cross-functional teams to solve business issues. Assist on special projects as required

Job Specific Qualifications

Required

• Bachelor's Degree or an advanced degree in Accounting or Finance OR a Bachelor's Degree in another field of study with 2 years of financial planning and analysis experience

• Demonstrated knowledge in accounting, budgeting and financial practices

• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy

• Excellent PC skills with a working knowledge of Microsoft Office, including Word, PowerPoint, and other database software

• Expert Excel skills

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

• Department of Energy's regulation 10 CFR 810 is required

Desired

• Ability to present and interact with senior personnel

• Ability to work in a highly regulated field

• Ability to work in a team environment

• SAP and/or Hyperion experience

• Experience in a utility's Finance or Regulatory department

• Knowledge of Smartsheets

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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