Lead Capital Budget Analyst

Job Summary

PSEG-LI seeks a detail-oriented and strategically minded Sr. Financial Analyst to join the Project Services team within the Information Technology group. The Information Technology 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 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 Director of Project Services.

Job Responsibilities

 Assist with the Utility Review Board (“URB”) process.  This includes, but is not limited to facilitating URB meetings with senior leadership and capital project stakeholders, participating in various capital project discussions with LIPA/PSEGLI staff, reviewing URB document submittals, coordinating URB functions with other Capital Budget Management staff members, URB activity monitoring and tracking, URB administrative tasks, etc.
 Assist with all necessary LIPA capital reporting as required under the terms Operations Service Agreement, including but not limited to post URB meeting LIPA reporting, production of aging reports, necessary follow-up with LIPA and PSEGLI capital project stakeholders, coordination of Project Justification Description documents (“PJD’s”) with responsible stakeholders, and other administrative tasks as necessary.
 Assist as necessary in all aspects of the annual capital budget development process, including but not limited to guiding and assisting the various lines of business (“LOB”) with the development of their capital plan, accumulating the required supporting PJD’s, coordination with and timely submittals to LIPA, and any other tasks related to the capital budget development process.
 Prepare, plan and monitor the budgets along with forecasts for the PSEG-LI IT business unit in order to ensure financial targets are met. 
 Participate in the variance analysis and query investigation, utilizing financial systems, for financial activity and ensure accurate allocation of costs. 
 Capital reporting and analysis of actual results versus plan, URB approved amounts 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 for all aspects of the capital budget development process, including SAP and financial systems set-up and maintenance as necessary.
 Provide 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. 
 Assist in the creation, management and communication of PSEG Long Island IT monthly financial documents to be presented to senior management.
 Support the month-end, quarter-end and year-end closing processes. These can include creating and maintaining journal entries, conducting actual vs plan analysis, and creating ad hoc analysis.
 Assist in analyzing results and identify areas of opportunities for efficiency and cost savings.
 

Job Specific Qualifications

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.