Sr. Financial Analyst - PSEG
Newark, NJ
About the Job
Requisition : 78303
PSEG Company: PSEG Services Corp.
Salary Range : $ 101,600 - $ 160,900
Incentive : PIP 15%
Work Location Category : Remote Local
PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories: onsite roles, hybrid roles that are a blend of onsite and remote work, remote local roles that are primarily home-based but require some level of purpose-driven in-person interaction and living within a commutable distance, and remote non-local roles that can be effectively performed remotely with the ability to work in approved states.
PSEG offers a unique experience to our more than 12,000 employees – we provide the resources and opportunities for career development that come with being a Fortune 500 company, as well as the attention, camaraderie and care for one another you might typically associate with a small business. Our focus on combatting climate change through clean energy technology, our new net zero climate vision for 2030 and enhanced commitment to diversity, equity and inclusion; and supporting the communities we serve make this a particularly exciting time to join PSEG.
Job Summary
This position will act as lead contributor to PSEG’s 10 year financial business planning process in the financial planning model. This includes coordinating with various groups across Finance, validating earnings, cash and financial metric results, preparing analysis and documentation/presentations for CFO. Additionally, provide several analyses to support the business plan such as valuation of the company, running scenarios against the business plan, as well as analysis to support Treasury and Investor Relations deliverables.
The group works collaboratively with all departments in Finance
Job Responsibilities
Responsibilities
Support the Enterprise financial 10 year planning process by
Managing the financial model used in the planning process by serving as administrator and coordinating with various groups in finance and across the businesses
+ Collecting and inputting data, running reports, and running the model including financing consolidation
+ Exporting and reviewing the financial reporting results and communicate drivers of earnings and cash flow
+ Complete ad hoc reporting requests and respond to requests for various scenarios and sensitivities
+ Manage the financial model, which currently involves migrating from the legacy system to Oracle
+ Lead integration coordinating with Finance groups and consultant
+ Build financial reports and validate consolidated financial results
+ Coordinate with other internal finance organizations to ensure on-time and accurate results
+ Work closely with the project team to facilitate the transition and support a successful go-live in the new environment
+ Participate and lead transition meetings as necessary, testing and validating results, and supporting other teams during the process
+ Post go live will be super user with Admin rights to build and make changes to model for all aspects of model. Will continue to manage enhancements to model with consultant as needed.
Manage the monthly Cash Forecasting process
+ Manage the data flow and communications between Utility, Power, and other finance departments, as well as results from cash model.
+ Analyze and question/insure validity of results. Prepare presentations for Cash Highlights meeting.
+ Coordinate all meetings to deliver results and present to senior management
Job Specific Qualifications
Required
+ Bachelor’s Degree in Finance, Accounting, Engineering or a related field with at least 8 years of relevant finance or accounting experience . In lieu of degree, 12 years of relevant finance or accounting experience
+ Superior planning and organizing skills.
+ Advanced proficiency with Excel, databases and PowerPoint and building financial models
+ Strong analytical, business and communication skills.
+ Strong management presence and inclusive leadership style.
+ In depth understanding of financial statements and ability to link operational activities to impacts on the financial statements.
+ Must foster an inclusive work environment and respect all aspects of diversity. Must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.
Desired
+ In depth knowledge of financial statement analysis
Minimum Years of Experience
Education
Certifications
Disclaimer
Certain positions at the Company may require you to have access to Part 810-Controlled Information. Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information. Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made. If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.
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.
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. For employees in federally regulated roles (including positions covered by USDOT, PHMSA, or NRC regulations), this also includes random testing. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and/or medically, it is prohibited for employees in federally regulated roles. Employees who are hired or transfer into a federally regulated role are subject to drug and alcohol testing, inclusive of marijuana. 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 such a positive result.
PSEG employees must apply for jobs internally through emPower which can be accessed through sharepoint.pseg.com (https://sharepoint.pseg.com/Pages/Home.aspx) by clicking on the emPower icon, then selecting careers. This site (PSEG Careers and Job Openings (https://corporate.pseg.com/careers) ) is strictly for candidates who are not currently PSEG employees, with the exception of PSEG employees who do not have company email addresses.
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.
ADDITIONAL EEO/AA INFORMATION _(Click link below)_
Know your Rights: Workplace Discrimination is Illegal (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf)
Pay Transparency Nondiscrimination Provision
Diversity at PSEG: Equal Opportunity Employer
PSEG is an equal employment opportunity employer and makes employment decisions, including but not limited to, hiring, firing, promotion, demotion, training, and/or compensation, on the basis of merit. Employment decisions are based on an individual’s qualifications as they relate to the job under consideration. PSEG's policy prohibits unlawful discrimination based on sex (which includes pregnancy, childbirth, breastfeeding, or related medical conditions, the actual sex of the individual, or the gender identity or gender expression), race, color, religion, including religious dress practices and religious grooming practices, sexual orientation, national origin, ancestry, citizenship, marital status, familial status, age, physical disability, mental disability, medical condition, genetic information, protected veteran or military status, or any other consideration made unlawful by federal, state or local laws, ordinances, or regulations.
Need to request an accommodation?
If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.
PSEG is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers.
PSEG Company: PSEG Services Corp.
Salary Range : $ 101,600 - $ 160,900
Incentive : PIP 15%
Work Location Category : Remote Local
PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories: onsite roles, hybrid roles that are a blend of onsite and remote work, remote local roles that are primarily home-based but require some level of purpose-driven in-person interaction and living within a commutable distance, and remote non-local roles that can be effectively performed remotely with the ability to work in approved states.
PSEG offers a unique experience to our more than 12,000 employees – we provide the resources and opportunities for career development that come with being a Fortune 500 company, as well as the attention, camaraderie and care for one another you might typically associate with a small business. Our focus on combatting climate change through clean energy technology, our new net zero climate vision for 2030 and enhanced commitment to diversity, equity and inclusion; and supporting the communities we serve make this a particularly exciting time to join PSEG.
Job Summary
This position will act as lead contributor to PSEG’s 10 year financial business planning process in the financial planning model. This includes coordinating with various groups across Finance, validating earnings, cash and financial metric results, preparing analysis and documentation/presentations for CFO. Additionally, provide several analyses to support the business plan such as valuation of the company, running scenarios against the business plan, as well as analysis to support Treasury and Investor Relations deliverables.
The group works collaboratively with all departments in Finance
Job Responsibilities
Responsibilities
Support the Enterprise financial 10 year planning process by
Managing the financial model used in the planning process by serving as administrator and coordinating with various groups in finance and across the businesses
+ Collecting and inputting data, running reports, and running the model including financing consolidation
+ Exporting and reviewing the financial reporting results and communicate drivers of earnings and cash flow
+ Complete ad hoc reporting requests and respond to requests for various scenarios and sensitivities
+ Manage the financial model, which currently involves migrating from the legacy system to Oracle
+ Lead integration coordinating with Finance groups and consultant
+ Build financial reports and validate consolidated financial results
+ Coordinate with other internal finance organizations to ensure on-time and accurate results
+ Work closely with the project team to facilitate the transition and support a successful go-live in the new environment
+ Participate and lead transition meetings as necessary, testing and validating results, and supporting other teams during the process
+ Post go live will be super user with Admin rights to build and make changes to model for all aspects of model. Will continue to manage enhancements to model with consultant as needed.
Manage the monthly Cash Forecasting process
+ Manage the data flow and communications between Utility, Power, and other finance departments, as well as results from cash model.
+ Analyze and question/insure validity of results. Prepare presentations for Cash Highlights meeting.
+ Coordinate all meetings to deliver results and present to senior management
Job Specific Qualifications
Required
+ Bachelor’s Degree in Finance, Accounting, Engineering or a related field with at least 8 years of relevant finance or accounting experience . In lieu of degree, 12 years of relevant finance or accounting experience
+ Superior planning and organizing skills.
+ Advanced proficiency with Excel, databases and PowerPoint and building financial models
+ Strong analytical, business and communication skills.
+ Strong management presence and inclusive leadership style.
+ In depth understanding of financial statements and ability to link operational activities to impacts on the financial statements.
+ Must foster an inclusive work environment and respect all aspects of diversity. Must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.
Desired
+ In depth knowledge of financial statement analysis
Minimum Years of Experience
Education
Certifications
Disclaimer
Certain positions at the Company may require you to have access to Part 810-Controlled Information. Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information. Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made. If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.
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.
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. For employees in federally regulated roles (including positions covered by USDOT, PHMSA, or NRC regulations), this also includes random testing. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and/or medically, it is prohibited for employees in federally regulated roles. Employees who are hired or transfer into a federally regulated role are subject to drug and alcohol testing, inclusive of marijuana. 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 such a positive result.
PSEG employees must apply for jobs internally through emPower which can be accessed through sharepoint.pseg.com (https://sharepoint.pseg.com/Pages/Home.aspx) by clicking on the emPower icon, then selecting careers. This site (PSEG Careers and Job Openings (https://corporate.pseg.com/careers) ) is strictly for candidates who are not currently PSEG employees, with the exception of PSEG employees who do not have company email addresses.
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.
ADDITIONAL EEO/AA INFORMATION _(Click link below)_
Know your Rights: Workplace Discrimination is Illegal (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf)
Pay Transparency Nondiscrimination Provision
Diversity at PSEG: Equal Opportunity Employer
PSEG is an equal employment opportunity employer and makes employment decisions, including but not limited to, hiring, firing, promotion, demotion, training, and/or compensation, on the basis of merit. Employment decisions are based on an individual’s qualifications as they relate to the job under consideration. PSEG's policy prohibits unlawful discrimination based on sex (which includes pregnancy, childbirth, breastfeeding, or related medical conditions, the actual sex of the individual, or the gender identity or gender expression), race, color, religion, including religious dress practices and religious grooming practices, sexual orientation, national origin, ancestry, citizenship, marital status, familial status, age, physical disability, mental disability, medical condition, genetic information, protected veteran or military status, or any other consideration made unlawful by federal, state or local laws, ordinances, or regulations.
Need to request an accommodation?
If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.
PSEG is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers.
Source : PSEG