9840 Principal Consultant - Corporate Finance

Requisition: 83718 PSEG Company: PSEG Services Corp. Salary Range: $ 121,200 - $ 199,200 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 from day one, designed to support your total well-being: medical, dental, vision, parental 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 This position is responsible for leading various activities related to Cash Forecasting and Treasury Reporting, Corporate Model Updates and Interest Expense Forecasting, Finance Committee and Investor Presentations, Financing Plans and Execution, Regulatory support, Covenant Compliance and SEC Disclosures. At this time, only current PSEG employees are being considered.Job Responsibilities Support monthly Cash Highlights meeting analyzing the cash forecast providing explanation. Develop summary of major monthly cash drivers for the CFO highlights package. Challenge subsidiary forecast assumptions and identify volatility items to ensure the company is proactively addressing financing needs. Manage Treasury updates of the Corporate Model with a focus on credit metrics and debt capacity calculations. Develop presentations for the Finance Committee and Investment Community including financial forecast updates and debt capacity estimates/reconciliations. Develop presentations to rating agencies including management and financial updates.Evaluate financing alternatives and develop recommendations for the Treasurer. Design financing plans to meet liquidity targets and efficiently manage PSEG’s debt portfolio. Develop hedging strategies to manage interest rate risk. Support due diligence meetings with bond underwriters. Maintain debt and embedded costs schedules. Analyze, evaluate, and recommend alternative forms of corporate financing and financial strategies. Perform Debt Covenant Compliance. Support Treasury reviews and documentation of SEC items. Manage internal audits and compliance with respect to SOX controls. Job Specific Qualifications Bachelor's Degree in Business Administration, Economics or related discipline Minimum of 7 years related experience Strong financial and analytical skills Strong understanding of financial statements, corporate finance and capital markets Strong understanding of corporate finance, capital markets and credit ratings Strong communication skills and ability to synthesize information into management presentations Compliance with the Department of Energy's regulation 10 CFR 810 is required. Desired Ability to manage external relationships with bankers and credit ratings analysts Ability to effectively communicate with senior managers, MBA, CPA, MS Economics/Finance, or CFA 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. 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. 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 View phone number on click.appcast.io or email View email address on click.appcast.io 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.ADDITIONAL EEO INFORMATION (Click link below)Know your Rights: Workplace Discrimination is Illegal