Manager of Regulatory Reporting & Analysis
Date: Apr 12, 2024
Location: Bethpage, NY, US
Company: PSEG
Requisition: 78083
PSEG Company: PSEG Long Island
Salary Range: $ 114,500 - $ 188,100
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
Manage the overall revenue requirement for PSEG Long Island (PSEG LI). Provide technical analysis to develop and gain regulatory approval for Long Island Power Authority (LIPA) revenue requirements, including annual / monthly LIPA and PSEG LI updates, compliance reporting and responding to on-going regulatory data requests in support of regulatory proceeding before the Department of Public Service
Job Responsibilities
- Provide direction to the development and management of PSEG-LI's revenue requirement and coordinate the revenue requirement with LIPA, including strategy and supporting financial analyses for Finance and LIPA. The Plan must be prepared under GAAP and the Public Power Model. Provide support for written testimony and work papers to support regulatory proceedings.
- On an annual cycle work closely with LIPA, The Rates & Pricing and the Planning and Budgeting team to update the annual LIPA and PSEGLI consolidated Budget,.
- Responsible for on-going Compliance filings, and other true-up rate calculations,
- Assist with future compliance needed to support the DPS recommendations..
- Respond to regulatory data requests from other PSEG LI departments, LIPA, the Department of Public Service and other third parties
- Develop revenue requirement schedules by cost element for the test year, the bridge year and the rate year
- -Work directly with all financial groups to ensure a complete understanding of the O&M and Capital costs in the budgets.-Develop ad hoc excel analysis as required to support general decision making for the business
Job Specific Qualifications
Required:
• Bachelor's degree in Accounting or Finance
• A minimum of 8 years of experience in a financial field
• Experience in preparation, presentation and interpretation of financial performance information, plans and reports to business management teams
• Demonstrated insight in analyzing and understanding the issues which business is facing today
• Must demonstrate the ability to present complex ideas or situations in a clear, simple, and easy to understand way to all audiences including business leadership
• Must have project/program management experience
• Must demonstrate proficiency in spreadsheet modeling
• Must demonstrate strong verbal and written communications skills
• Must have excellent analytical, planning & organization skills
• Must demonstrate proficiency with spreadsheet modeling and a working knowledge of SAP or other Utility billing, accounting and customer care systems
Desired:
• Advanced degree in accounting economics or finance.
• Experience in utility, regulated or energy markets arena preferred.
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 by clicking on the emPower icon, then selecting careers. This site (PSEG Careers and Job Openings) 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.
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