Utility Business Analysis Manager

Requisition: 83258

PSEG Company: PSEG Services Corp.

Salary Range: $ 104,600 - $ 165,700

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 less energy, and it’s cleaner, 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

PSEG seeks a Utility Business Analysis Manager to join the SAP Strategy and Planning team. The SAP Strategy and Planning team is responsible for SAP system maintenance for PSEG which includes the processing of the monthly accounting close, as well as, a leader for the annual cost planning processes at both the front end for the cost flows and the processing to ensure accuracy. Maintain the FI, CO and Ferc modules of SAP, ensuring the cost allocation methods for each line of business Transmission, E-D, G-D (including ASB) and other areas, including costs from Services Corporation appropriately flow to the right cost categories (capital, O&M third party) and other business areas. This role will also provide support for Distribution and Transmission regulatory filings. 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, tactically, and provide technical expertise to ensure financial data integrity in the FI/CO/FERC modules of SAP. This role reports to the Utility Business Manager.

Job Responsibilities

- Provide guidance, documentation, and maintenance of the SAP Accounting Closing process, including reviewing all SAP master data structures and relationships and overhead assessment processing.

- Prepare and analyze financial statements, exhibits and various other reports for regulatory filings.

- Act as subject matter expert for SAP cost allocation, the FERC module and other aspects of SAP for transmission formula rate filings, Distribution rate case filings and other roles as necessary.

- Ensure uniformity with business rules, assessment calculations, and organizational structures in SAP with new budgeting system.

- Ensure accounting policies are appropriately reflected within the system processing algorithm and responsible for assisting in establishing and maintaining compliance to various SOX/accounting controls.

- Train cost planners and others on cost planning in SAP including cost flows through the SAP cost flows design hierarchy, orders, cost elements, surcharging, assessments etc..

- Implement new business processes and streamline and improve current business processes.

- Participate on cross-functional teams to solve business issues.

- Review and evaluate new and existing accounting policies for application.

- Assist with audits and special projects as required.

- Develop appropriate tools to assist PSEG in analyzing the potential impacts of its business decisions.

Job Specific Qualifications

- Bachelor's Degree and a minimum of 7 years of financial planning and analysis experience.

- Demonstrated knowledge in financial analysis and budgeting and financial practices.

- Understanding of FERC reporting and general accounting practice.

- Excellent PC skills with a superior working knowledge of Microsoft Office, including Word, PowerPoint, and other database software. Expert user of Excel.

- Excellent written and verbal communication skills, ability to interact with internal and external providers/users of financial information.

- Ability to present and interact with senior personnel.

- Department of Energy’s regulation 10 CFR 810 is required.

Desired

- Bachelor's Degree or Advanced Degree in Accounting, Finance or Business Management.

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

- Proficient in MS Access.

- Ability to work in a team environment.

- Experience in a 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 storm 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 973-430-3845 or email accommodations@pseg.com.

If you need to request a reasonable accommodation to perform the essential functions of the job, email accommodations@pseg.com. 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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