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Senior Staff Accountant

Date: Sep 14, 2022

Location: Newark, NJ, US

Company: PSEG

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. With our reimagined workplace, we recognize the importance of flexibility in terms of when and where employees perform their jobs.  And many of our jobs do not require you to live in the tristate area.

Consistent with our core commitment of safety, PSEG has made the decision to require all new hires to be fully COVID-19 vaccinated as a condition of hire.  "Full vaccination" is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered.   Anyone unable to be vaccinated, either because of a sincerely held religious belief or a disability can request a reasonable accommodation.

Job Summary

This position will:

  • Record, review and analyze utility construction and fixed asset transactions for the proper GAAP and FERC financial statement recording, reporting and rate recovery of Property, Plant & Equipment Investments and related accounts.
  • Develop fixed asset analyses, special reports and perform General Ledger reconciliation and analysis utilizing the Power Plant Fixed Asset System.
  • Support Utility Finance in developing 5 year plans, annual budgets including annual depreciation and amortization models.
  • Provide support for regulatory Base Rate Cases, Special Infrastructure and other regulatory filings as well as other ad hoc reports and analyses for internal and external clients, including BPU independent monitors.
  • Support all internal and external audit requests and reviews. Develop Power Plant reports and queries. Collaborate with Power Plant Support, IT and Financial Systems Support to optimize the system and implement system and process improvements. Perform ad hoc projects as necessary.

Job Responsibilities

Job Responsibilities
Other responsibilities include providing support for:
• Schedules and disclosures required for inclusion in PSEG’s annual Form 10K and quarterly 10Q’s as filed with the Securities & Exchange Commission
• Schedules and disclosures required for inclusion in PSE&G’s annual FERC Form 1 as filed with the Federal Energy Regulatory Commission and other filings with government oversight agencies.
• The Company’s Sarbanes-Oxley internal control environment by ensuring proper controls environment and compliance. 
• Actual vs prior year analytics on various Income Statement and Balance Sheet accounts. Provide support to the External Reporting Department to complete 10Q/K Notes, MD&A and Press Release Attachments.
• Support Actual vs. Plan variance process by preparing monthly financial report and analysis and supporting schedules provided monthly to senior management. 
• Coordinate internal and external audit requests. Support the Sarbanes Oxley control environment by ensuring proper controls compliance. 
• All necessary account analyses and reconciliations.
• Ad Hoc special projects
 • Interacting with business leaders and associates and work collaboratively in a team environment. 
 

Job Specific Qualifications

Job Specific Qualifications
Required:
•    Bachelor’s degree in Accounting, or CPA designation with a degree in related field.
•    Minimum 4- 5 years of relevant accounting experience.
•    Knowledge of SAP.
•    Demonstrated accounting skills, PC skills, written and verbal communication skills and analytical abilities.
•    Advanced Excel skills utilizing V-lookup and pivot tables and advanced formulas.
•    Demonstrated ability to work independently, accomplish tasks and resolve issues with a sense of urgency under tight timelines.

Desired:
•    Utility property accounting knowledge.
•    Knowledge with the Power Plant fixed asset system
•    CPA and/or advanced degree.
•    SAP experience in financial statements preparation and analysis.
•    Process automation experience

Minimum Years of Experience

5 years of experience

Education

Certifications

None Noted

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.

Disclaimer

If you are a current PSEG employee and if you are offered an opportunity with PSEG Long Island, you will be treated as a new hire.  Please note that as a new hire to the Long Island subsidiary, your benefits will change and generally will be consistent with other similarly situated PSEG Long Island new hires.  Similarly, for PSEG Long Island employees who accept job opportunities with PSEG or any of its subsidiaries (other than PSEG Long Island), their benefits would change and generally be consistent with other similarly situated new hires of that company.

Candidates must foster an inclusive work environment and respect all aspects of diversity. Successful candidates must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.

As an employee of PSE&G or PSEG LI, 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.

Certain positions at the Company may require you to have access to 10 CFR Part 810 controlled information.  If the position does require access to this information, the Talent Acquisition representative will provide further details upon making an offer.

Public Service Enterprise Group (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.

Business needs may cause PSEG to cancel or delay filling position at any time during the selection process.

This site (http://www.pseg.com) is strictly for candidates who are not currently PSEG employees. 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.

 

PEOPLE WITH DISABILITIES:

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 for)

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EEO is the Law Poster Supplements

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Nearest Major Market: Newark
Nearest Secondary Market: New York City

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